Monaco Asset Management SAM Purchases New Holdings in Alexandria Real Estate Equities, Inc. $ARE

Monaco Asset Management SAM purchased a new stake in Alexandria Real Estate Equities, Inc. (NYSE:ARE) during the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 134,500 shares of the real estate investment trust’s stock, valued at approximately $6,582,000. Alexandria Real Estate Equities makes up approximately 1.1% of Monaco Asset Management SAM’s holdings, making the stock its 21st biggest holding.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of ARE. Norges Bank purchased a new position in Alexandria Real Estate Equities in the 4th quarter valued at about $805,429,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Alexandria Real Estate Equities by 1,022.1% in the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,813,955 shares of the real estate investment trust’s stock worth $151,175,000 after purchasing an additional 1,652,298 shares in the last quarter. Menora Mivtachim Holdings LTD. purchased a new position in Alexandria Real Estate Equities in the 3rd quarter worth approximately $61,255,000. AQR Capital Management LLC lifted its stake in Alexandria Real Estate Equities by 26.1% in the 3rd quarter. AQR Capital Management LLC now owns 2,564,915 shares of the real estate investment trust’s stock worth $211,682,000 after purchasing an additional 531,668 shares in the last quarter. Finally, Lasalle Investment Management Securities LLC lifted its stake in Alexandria Real Estate Equities by 43.4% in the 4th quarter. Lasalle Investment Management Securities LLC now owns 1,703,228 shares of the real estate investment trust’s stock worth $83,356,000 after purchasing an additional 515,649 shares in the last quarter. 96.54% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, EVP Gregory Calvin Thomas bought 3,500 shares of the company’s stock in a transaction that occurred on Thursday, April 30th. The stock was purchased at an average price of $41.00 per share, for a total transaction of $143,500.00. Following the acquisition, the executive vice president owned 33,024 shares of the company’s stock, valued at approximately $1,353,984. This trade represents a 11.85% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Hallie E. Kuhn sold 536 shares of Alexandria Real Estate Equities stock in a transaction that occurred on Friday, April 17th. The shares were sold at an average price of $48.20, for a total transaction of $25,835.20. Following the completion of the sale, the executive vice president owned 48,301 shares of the company’s stock, valued at $2,328,108.20. This trade represents a 1.10% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 1.35% of the company’s stock.

Alexandria Real Estate Equities Stock Up 0.1%

ARE stock opened at $49.73 on Monday. The firm has a market cap of $8.67 billion, a PE ratio of -7.93, a PEG ratio of 6.02 and a beta of 1.19. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.20 and a current ratio of 0.20. The firm’s 50 day moving average price is $46.16 and its 200-day moving average price is $49.95. Alexandria Real Estate Equities, Inc. has a one year low of $39.41 and a one year high of $88.24.

Alexandria Real Estate Equities (NYSE:ARE) last released its quarterly earnings results on Monday, April 27th. The real estate investment trust reported $1.73 EPS for the quarter, meeting the consensus estimate of $1.73. The firm had revenue of $671.02 million for the quarter, compared to analyst estimates of $684.78 million. Alexandria Real Estate Equities had a negative net margin of 36.03% and a negative return on equity of 5.21%. The business’s revenue for the quarter was down 11.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.30 EPS. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.300-6.500 EPS. On average, equities research analysts anticipate that Alexandria Real Estate Equities, Inc. will post 6.4 EPS for the current year.

Wall Street Analyst Weigh In

ARE has been the topic of a number of research reports. JPMorgan Chase & Co. decreased their target price on shares of Alexandria Real Estate Equities from $63.00 to $57.00 and set a “neutral” rating on the stock in a research note on Tuesday, March 10th. Robert W. Baird reissued a “neutral” rating and issued a $46.00 target price (down from $67.00) on shares of Alexandria Real Estate Equities in a research note on Monday, May 4th. Cantor Fitzgerald decreased their target price on shares of Alexandria Real Estate Equities from $60.00 to $43.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 29th. Wall Street Zen raised shares of Alexandria Real Estate Equities from a “sell” rating to a “hold” rating in a research note on Saturday, May 2nd. Finally, Citigroup reaffirmed an “outperform” rating on shares of Alexandria Real Estate Equities in a research report on Monday, May 4th. Three analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $51.23.

About Alexandria Real Estate Equities

Alexandria Real Estate Equities, Inc (NYSE: ARE) is a real estate investment trust specializing in the ownership, development and management of collaborative life science and technology campuses. The company’s properties are designed to support research and innovation by providing specialized laboratory, office and manufacturing space tailored to biotechnology, pharmaceutical, academic and related industries.

Since its founding in 1994, Alexandria has cultivated a diversified portfolio of campuses across leading innovation clusters in North America and Europe.