78,003 Shares in Alexandria Real Estate Equities, Inc. $ARE Bought by Ibex Wealth Advisors

Ibex Wealth Advisors acquired a new position in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) in the 3rd quarter, Holdings Channel reports. The fund acquired 78,003 shares of the real estate investment trust’s stock, valued at approximately $6,501,000.

Other institutional investors also recently modified their holdings of the company. Avalon Trust Co bought a new stake in Alexandria Real Estate Equities in the third quarter worth $29,000. Cornerstone Planning Group LLC raised its stake in Alexandria Real Estate Equities by 5,916.7% in the third quarter. Cornerstone Planning Group LLC now owns 361 shares of the real estate investment trust’s stock worth $30,000 after buying an additional 355 shares in the last quarter. Loomis Sayles & Co. L P purchased a new stake in Alexandria Real Estate Equities in the second quarter worth about $27,000. CYBER HORNET ETFs LLC bought a new stake in Alexandria Real Estate Equities during the 2nd quarter valued at approximately $30,000. Finally, MUFG Securities EMEA plc purchased a new position in shares of Alexandria Real Estate Equities during the 2nd quarter worth approximately $33,000. 96.54% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, Chairman Joel S. Marcus acquired 25,000 shares of the firm’s stock in a transaction dated Thursday, February 12th. The shares were acquired at an average cost of $53.92 per share, with a total value of $1,348,000.00. Following the acquisition, the chairman directly owned 562,724 shares of the company’s stock, valued at approximately $30,342,078.08. The trade was a 4.65% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Sheila K. Mcgrath bought 3,100 shares of the business’s stock in a transaction dated Wednesday, December 10th. The shares were bought at an average cost of $45.60 per share, for a total transaction of $141,360.00. Following the transaction, the director owned 8,392 shares in the company, valued at approximately $382,675.20. The trade was a 58.58% increase in their position. The SEC filing for this purchase provides additional information. 1.08% of the stock is currently owned by insiders.

Alexandria Real Estate Equities Stock Down 1.9%

Alexandria Real Estate Equities stock opened at $54.07 on Friday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.23 and a current ratio of 0.23. The stock has a market cap of $9.37 billion, a PE ratio of -6.41, a price-to-earnings-growth ratio of 6.68 and a beta of 1.31. The stock has a fifty day moving average of $53.68 and a 200 day moving average of $63.35. Alexandria Real Estate Equities, Inc. has a one year low of $44.10 and a one year high of $105.14.

Alexandria Real Estate Equities (NYSE:ARE) last posted its quarterly earnings data on Monday, January 26th. The real estate investment trust reported $2.16 EPS for the quarter, topping the consensus estimate of $2.15 by $0.01. The firm had revenue of $754.41 million for the quarter, compared to the consensus estimate of $742.64 million. Alexandria Real Estate Equities had a negative return on equity of 6.82% and a negative net margin of 47.23%.The business’s revenue for the quarter was down 4.4% compared to the same quarter last year. During the same quarter last year, the company earned $2.39 earnings per share. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.250-6.550 EPS. As a group, sell-side analysts predict that Alexandria Real Estate Equities, Inc. will post 9.32 EPS for the current year.

Alexandria Real Estate Equities announced that its Board of Directors has initiated a share buyback program on Monday, December 8th that allows the company to buyback $500.00 million in shares. This buyback authorization allows the real estate investment trust to repurchase up to 6.4% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board believes its shares are undervalued.

Alexandria Real Estate Equities Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st were given a dividend of $0.72 per share. This represents a $2.88 annualized dividend and a dividend yield of 5.3%. The ex-dividend date was Wednesday, December 31st. Alexandria Real Estate Equities’s dividend payout ratio (DPR) is presently -34.12%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. Weiss Ratings restated a “sell (d)” rating on shares of Alexandria Real Estate Equities in a research note on Wednesday, January 21st. Evercore boosted their target price on shares of Alexandria Real Estate Equities from $64.00 to $67.00 and gave the company an “outperform” rating in a report on Wednesday, January 28th. The Goldman Sachs Group assumed coverage on shares of Alexandria Real Estate Equities in a research report on Tuesday, February 3rd. They issued a “neutral” rating and a $60.00 target price on the stock. Mizuho dropped their price objective on shares of Alexandria Real Estate Equities from $91.00 to $70.00 and set an “outperform” rating on the stock in a research note on Friday, January 9th. Finally, JPMorgan Chase & Co. decreased their target price on shares of Alexandria Real Estate Equities from $65.00 to $63.00 and set a “neutral” rating for the company in a research note on Wednesday, January 14th. Four research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $65.73.

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.