10,528 Shares in Alexandria Real Estate Equities, Inc. $ARE Purchased by Impact Partnership Wealth LLC

Impact Partnership Wealth LLC acquired a new position in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) in the second quarter, Holdings Channel reports. The institutional investor acquired 10,528 shares of the real estate investment trust’s stock, valued at approximately $765,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Private Trust Co. NA lifted its stake in Alexandria Real Estate Equities by 19.2% during the 1st quarter. Private Trust Co. NA now owns 925 shares of the real estate investment trust’s stock worth $86,000 after acquiring an additional 149 shares in the last quarter. American Assets Investment Management LLC acquired a new position in Alexandria Real Estate Equities during the 1st quarter worth about $569,000. SYM FINANCIAL Corp acquired a new position in Alexandria Real Estate Equities during the 2nd quarter worth about $359,000. Focus Partners Advisor Solutions LLC acquired a new position in Alexandria Real Estate Equities during the 2nd quarter worth about $743,000. Finally, Cambridge Investment Research Advisors Inc. lifted its stake in Alexandria Real Estate Equities by 4.1% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 11,795 shares of the real estate investment trust’s stock worth $1,091,000 after acquiring an additional 463 shares in the last quarter. 96.54% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

ARE has been the topic of a number of analyst reports. Jefferies Financial Group initiated coverage on Alexandria Real Estate Equities in a research report on Monday, October 6th. They issued a “hold” rating and a $80.00 price target on the stock. Royal Bank Of Canada reduced their price target on Alexandria Real Estate Equities from $100.00 to $98.00 and set a “sector perform” rating on the stock in a research report on Tuesday, July 29th. BNP Paribas Exane reduced their price target on Alexandria Real Estate Equities from $82.00 to $72.00 and set an “underperform” rating on the stock in a research report on Tuesday. Evercore ISI raised Alexandria Real Estate Equities from an “in-line” rating to an “outperform” rating and increased their price target for the company from $91.00 to $104.00 in a research report on Monday, September 15th. Finally, BMO Capital Markets initiated coverage on Alexandria Real Estate Equities in a research report on Tuesday, September 23rd. They issued an “outperform” rating and a $100.00 price target on the stock. Four analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $95.00.

Alexandria Real Estate Equities Trading Down 6.2%

NYSE:ARE opened at $59.05 on Thursday. The company has a quick ratio of 0.23, a current ratio of 0.24 and a debt-to-equity ratio of 0.65. The stock’s 50 day moving average price is $80.41 and its 200 day moving average price is $76.69. The company has a market capitalization of $10.20 billion, a PE ratio of -23.91, a P/E/G ratio of 5.42 and a beta of 1.31. Alexandria Real Estate Equities, Inc. has a 52-week low of $57.62 and a 52-week high of $116.52.

Alexandria Real Estate Equities (NYSE:ARE) last posted its quarterly earnings results on Monday, October 27th. The real estate investment trust reported $2.22 EPS for the quarter, missing the consensus estimate of $2.31 by ($0.09). The business had revenue of $751.94 million during the quarter, compared to analyst estimates of $752.90 million. Alexandria Real Estate Equities had a negative net margin of 13.43% and a negative return on equity of 1.89%. The firm’s quarterly revenue was down 5.0% compared to the same quarter last year. During the same period in the prior year, the business earned $2.37 earnings per share. Alexandria Real Estate Equities has set its FY 2025 guidance at 8.980-9.040 EPS. On average, research analysts anticipate that Alexandria Real Estate Equities, Inc. will post 9.32 EPS for the current year.

Alexandria Real Estate Equities Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th were issued a dividend of $1.32 per share. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $5.28 annualized dividend and a yield of 8.9%. Alexandria Real Estate Equities’s payout ratio is currently -4,061.54%.

Alexandria Real Estate Equities Profile

Alexandria Real Estate Equities, Inc (NYSE: ARE), an S&P 500 company, is a best-in-class, mission-driven life science REIT making a positive and lasting impact on the world. As the pioneer of the life science real estate niche since our founding in 1994, Alexandria is the preeminent and longest-tenured owner, operator, and developer of collaborative life science, agtech, and advanced technology mega campuses in AAA innovation cluster locations, including Greater Boston, the San Francisco Bay Area, New York City, San Diego, Seattle, Maryland, and Research Triangle.