Gradient Investments LLC Boosts Position in Alexandria Real Estate Equities, Inc. $ARE

Gradient Investments LLC lifted its holdings in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 5.0% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 276,944 shares of the real estate investment trust’s stock after acquiring an additional 13,228 shares during the quarter. Gradient Investments LLC owned approximately 0.16% of Alexandria Real Estate Equities worth $14,637,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Norges Bank purchased a new stake in Alexandria Real Estate Equities in the fourth quarter worth about $805,429,000. Sumitomo Mitsui Trust Group Inc. boosted its position in Alexandria Real Estate Equities by 21.8% during the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,415,876 shares of the real estate investment trust’s stock valued at $69,293,000 after acquiring an additional 253,402 shares in the last quarter. Monaco Asset Management SAM purchased a new position in shares of Alexandria Real Estate Equities during the 4th quarter worth approximately $6,582,000. Bayhunt Capital LLC bought a new position in shares of Alexandria Real Estate Equities in the 4th quarter worth approximately $6,873,000. Finally, Diamond Hill Capital Management Inc. bought a new position in shares of Alexandria Real Estate Equities in the 4th quarter worth approximately $8,445,000. Hedge funds and other institutional investors own 96.54% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently commented on ARE. Wall Street Zen cut Alexandria Real Estate Equities from a “hold” rating to a “sell” rating in a research note on Saturday. Citigroup reaffirmed a “market perform” rating on shares of Alexandria Real Estate Equities in a research note on Monday, July 27th. Royal Bank Of Canada decreased their price objective on Alexandria Real Estate Equities from $60.00 to $50.00 and set a “sector perform” rating for the company in a report on Tuesday, May 5th. Morgan Stanley reissued an “underweight” rating and set a $53.00 price objective on shares of Alexandria Real Estate Equities in a research report on Thursday, June 11th. Finally, Zacks Research cut shares of Alexandria Real Estate Equities from a “hold” rating to a “strong sell” rating in a report on Friday, July 17th. Two investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Reduce” and an average price target of $52.00.

Insiders Place Their Bets

In related news, CFO Marc E. Binda sold 2,000 shares of the business’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 completion of the transaction, the chief financial officer directly owned 188,264 shares in the company, valued at $10,166,256. The trade was a 1.05% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.35% of the stock is currently owned by insiders.

Alexandria Real Estate Equities Stock Performance

Shares of ARE stock opened at $49.74 on Friday. The company has a market capitalization of $8.67 billion, a price-to-earnings ratio of -8.21, a price-to-earnings-growth ratio of 6.05 and a beta of 1.15. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.20 and a current ratio of 0.19. Alexandria Real Estate Equities, Inc. has a one year low of $39.41 and a one year high of $88.24. The company’s 50-day moving average is $51.14 and its 200 day moving average is $50.19.

Alexandria Real Estate Equities (NYSE:ARE) last issued its earnings results on Monday, August 3rd. The real estate investment trust reported ($0.43) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.09 by ($0.52). The firm had revenue of $662.78 million during the quarter, compared to analysts’ expectations of $464.86 million. Alexandria Real Estate Equities had a negative return on equity of 5.21% and a negative net margin of 36.08%.The firm’s quarterly revenue was down 13.0% on a year-over-year basis. During the same period last year, the firm posted $2.33 earnings per share. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.350-6.450 EPS. Sell-side analysts expect that Alexandria Real Estate Equities, Inc. will post 6.37 EPS for the current fiscal year.

Alexandria Real Estate Equities Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were given a dividend of $0.72 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $2.88 annualized dividend and a dividend yield of 5.8%. Alexandria Real Estate Equities’s dividend payout ratio (DPR) is -47.52%.

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.