GSI Capital Advisors LLC boosted its stake in Alexandria Real Estate Equities, Inc. (NYSE:ARE – Free Report) by 23.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 56,132 shares of the real estate investment trust’s stock after purchasing an additional 10,646 shares during the quarter. Alexandria Real Estate Equities makes up 1.5% of GSI Capital Advisors LLC’s investment portfolio, making the stock its 28th largest position. GSI Capital Advisors LLC’s holdings in Alexandria Real Estate Equities were worth $2,747,000 as of its most recent filing with the Securities & Exchange Commission.
Several other large investors have also added to or reduced their stakes in the stock. Farther Finance Advisors LLC raised its stake in shares of Alexandria Real Estate Equities by 18.1% in the fourth quarter. Farther Finance Advisors LLC now owns 1,228 shares of the real estate investment trust’s stock worth $60,000 after buying an additional 188 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Alexandria Real Estate Equities by 0.9% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,443 shares of the real estate investment trust’s stock worth $1,711,000 after buying an additional 198 shares during the period. New Mexico Educational Retirement Board raised its stake in shares of Alexandria Real Estate Equities by 2.9% in the fourth quarter. New Mexico Educational Retirement Board now owns 7,200 shares of the real estate investment trust’s stock worth $352,000 after buying an additional 200 shares during the period. CIBC Private Wealth Group LLC raised its stake in shares of Alexandria Real Estate Equities by 109.6% in the third quarter. CIBC Private Wealth Group LLC now owns 436 shares of the real estate investment trust’s stock worth $36,000 after buying an additional 228 shares during the period. Finally, Harvest Portfolios Group Inc. raised its stake in shares of Alexandria Real Estate Equities by 2.5% in the third quarter. Harvest Portfolios Group Inc. now owns 9,970 shares of the real estate investment trust’s stock worth $831,000 after buying an additional 242 shares during the period. Institutional investors own 96.54% of the company’s stock.
Analyst Ratings Changes
ARE has been the topic of several recent research reports. JPMorgan Chase & Co. decreased their price objective on 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. Jefferies Financial Group decreased their target price on Alexandria Real Estate Equities from $57.00 to $47.00 and set a “hold” rating on the stock in a research note on Tuesday, April 14th. Royal Bank Of Canada decreased their target price on Alexandria Real Estate Equities from $60.00 to $50.00 and set a “sector perform” rating on the stock in a research note on Tuesday, May 5th. Morgan Stanley reissued an “underweight” rating and set a $53.00 target price on shares of Alexandria Real Estate Equities in a research note on Thursday. Finally, Citigroup reissued an “outperform” rating on shares of Alexandria Real Estate Equities in a research note on Monday, May 4th. Three research analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Alexandria Real Estate Equities currently has an average rating of “Hold” and a consensus price target of $51.46.
Alexandria Real Estate Equities Stock Up 1.1%
Shares of ARE opened at $52.91 on Friday. The business’s 50 day moving average is $46.95 and its 200 day moving average is $49.97. The company has a market capitalization of $9.22 billion, a PE ratio of -8.44, a price-to-earnings-growth ratio of 6.34 and a beta of 1.19. Alexandria Real Estate Equities, Inc. has a 12-month low of $39.41 and a 12-month high of $88.24. The company has a current ratio of 0.20, a quick ratio of 0.20 and a debt-to-equity ratio of 0.65.
Alexandria Real Estate Equities (NYSE:ARE – Get Free Report) last issued its earnings results on Monday, April 27th. The real estate investment trust reported $1.73 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.73. The company had revenue of $671.02 million for the quarter, compared to the consensus estimate of $684.78 million. Alexandria Real Estate Equities had a negative return on equity of 5.21% and a negative net margin of 36.03%.The firm’s quarterly revenue was down 11.5% on a year-over-year basis. During the same quarter last year, the company earned $2.30 EPS. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.300-6.500 EPS. Research analysts expect that Alexandria Real Estate Equities, Inc. will post 6.4 earnings per share for the current fiscal year.
Alexandria Real Estate Equities Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be issued a dividend of $0.72 per share. This represents a $2.88 annualized dividend and a yield of 5.4%. The ex-dividend date is Tuesday, June 30th. Alexandria Real Estate Equities’s dividend payout ratio (DPR) is currently -45.93%.
Insider Transactions at Alexandria Real Estate Equities
In other Alexandria Real Estate Equities news, EVP Hallie E. Kuhn sold 536 shares of the firm’s stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of $48.20, for a total transaction of $25,835.20. Following the completion of the transaction, the executive vice president owned 48,301 shares in the company, valued at $2,328,108.20. This trade represents a 1.10% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Marc E. Binda sold 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of $54.00, for a total value of $108,000.00. Following the transaction, the chief financial officer owned 188,264 shares of the company’s stock, valued at $10,166,256. This represents a 1.05% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.35% of the stock is owned by corporate insiders.
Alexandria Real Estate Equities Profile
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.
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