Alexandria Real Estate Equities, Inc. $ARE is TT Capital Management LLC’s 6th Largest Position

TT Capital Management LLC boosted its stake in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 18.5% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 81,523 shares of the real estate investment trust’s stock after acquiring an additional 12,744 shares during the period. Alexandria Real Estate Equities accounts for 3.2% of TT Capital Management LLC’s portfolio, making the stock its 6th largest holding. TT Capital Management LLC’s holdings in Alexandria Real Estate Equities were worth $3,990,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of ARE. Avalon Trust Co purchased a new position in Alexandria Real Estate Equities during the third quarter valued at $29,000. Cornerstone Planning Group LLC grew its stake in Alexandria Real Estate Equities by 5,916.7% during the third quarter. Cornerstone Planning Group LLC now owns 361 shares of the real estate investment trust’s stock valued at $30,000 after acquiring an additional 355 shares in the last quarter. CYBER HORNET ETFs LLC purchased a new position in Alexandria Real Estate Equities during the second quarter valued at $30,000. BOKF NA grew its stake in Alexandria Real Estate Equities by 6,033.3% during the third quarter. BOKF NA now owns 368 shares of the real estate investment trust’s stock valued at $31,000 after acquiring an additional 362 shares in the last quarter. Finally, MUFG Securities EMEA plc purchased a new position in Alexandria Real Estate Equities during the second quarter valued at $33,000. 96.54% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, Chairman Joel S. Marcus purchased 7,500 shares of the company’s stock in a transaction that occurred on Tuesday, May 5th. The stock was purchased at an average cost of $42.72 per share, with a total value of $320,400.00. Following the purchase, the chairman owned 587,724 shares in the company, valued at approximately $25,107,569.28. This trade represents a 1.29% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Gregory Calvin Thomas purchased 3,500 shares of the company’s stock in a transaction that occurred on Thursday, April 30th. The shares were purchased at an average cost of $41.00 per share, with a total value of $143,500.00. Following the completion of the purchase, the executive vice president owned 33,024 shares in the company, valued at $1,353,984. This trade represents a 11.85% increase in their position. The disclosure for this purchase is available in the SEC filing. 1.35% of the stock is owned by corporate insiders.

Alexandria Real Estate Equities Price Performance

ARE stock opened at $52.90 on Friday. 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. The company has a 50-day moving average price of $46.43 and a 200 day moving average price of $49.90. The stock has a market cap of $9.22 billion, a PE ratio of -8.44, a P/E/G ratio of 6.21 and a beta of 1.19.

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, hitting analysts’ consensus estimates of $1.73. Alexandria Real Estate Equities had a negative net margin of 36.03% and a negative return on equity of 5.21%. The firm had revenue of $671.02 million during the quarter, compared to analysts’ expectations of $684.78 million. During the same period in the previous year, the company earned $2.30 EPS. The firm’s revenue for the quarter was down 11.5% compared to the same quarter last year. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.300-6.500 EPS. Equities research analysts anticipate that Alexandria Real Estate Equities, Inc. will post 6.4 earnings per share for the current year.

Alexandria Real Estate Equities Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be paid a dividend of $0.72 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $2.88 dividend on an annualized basis and a dividend yield of 5.4%. Alexandria Real Estate Equities’s payout ratio is currently -45.93%.

Analysts Set New Price Targets

ARE has been the subject of several research analyst reports. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $52.00 target price on shares of Alexandria Real Estate Equities in a research note on Tuesday, May 19th. JPMorgan Chase & Co. cut their target price on shares of Alexandria Real Estate Equities from $63.00 to $57.00 and set a “neutral” rating for the company in a research note on Tuesday, March 10th. Citigroup reissued an “outperform” rating on shares of Alexandria Real Estate Equities in a research note on Monday, May 4th. Weiss Ratings reissued a “sell (d)” rating on shares of Alexandria Real Estate Equities in a research note on Monday, April 20th. Finally, Cantor Fitzgerald dropped their price objective on shares of Alexandria Real Estate Equities from $60.00 to $43.00 and set a “neutral” rating for the company in a research note on Wednesday, April 29th. Three analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $51.23.

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.