Hahn Capital Management LLC Sells 37,595 Shares of Alexandria Real Estate Equities, Inc. $ARE

Hahn Capital Management LLC decreased its position in Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 33.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 76,042 shares of the real estate investment trust’s stock after selling 37,595 shares during the period. Alexandria Real Estate Equities makes up 2.0% of Hahn Capital Management LLC’s portfolio, making the stock its 25th largest position. Hahn Capital Management LLC’s holdings in Alexandria Real Estate Equities were worth $3,721,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in ARE. Avalon Trust Co bought a new position in Alexandria Real Estate Equities during the third quarter worth about $29,000. CYBER HORNET ETFs LLC acquired a new position in Alexandria Real Estate Equities in the second quarter valued at about $30,000. BOKF NA grew its stake in Alexandria Real Estate Equities by 6,033.3% in 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 during the period. MUFG Securities EMEA plc bought a new stake in shares of Alexandria Real Estate Equities in the second quarter worth about $33,000. Finally, CIBC Private Wealth Group LLC increased its holdings 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 acquiring an additional 228 shares in the last quarter. Institutional investors own 96.54% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on ARE. Morgan Stanley reiterated an “underweight” rating and set a $53.00 price objective on shares of Alexandria Real Estate Equities in a report on Thursday, June 11th. Jefferies Financial Group lowered their target price on Alexandria Real Estate Equities from $57.00 to $47.00 and set a “hold” rating for the company in a research note on Tuesday, April 14th. JPMorgan Chase & Co. dropped 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 report on Tuesday, March 10th. Robert W. Baird reaffirmed a “neutral” rating and issued a $46.00 price target (down from $67.00) on shares of Alexandria Real Estate Equities in a research note on Monday, May 4th. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $52.00 price target on shares of Alexandria Real Estate Equities in a research note on Tuesday, May 19th. Three investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, Alexandria Real Estate Equities has an average rating of “Hold” and an average target price of $51.62.

Insider Transactions at Alexandria Real Estate Equities

In other Alexandria Real Estate Equities news, EVP Hallie E. Kuhn sold 536 shares of the company’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 of the company’s stock, valued at $2,328,108.20. This represents a 1.10% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Gregory Calvin Thomas purchased 3,500 shares of the firm’s stock in a transaction dated Thursday, April 30th. The shares were acquired 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 directly owned 33,024 shares in the company, valued at approximately $1,353,984. This represents a 11.85% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Corporate insiders own 1.35% of the company’s stock.

Alexandria Real Estate Equities Stock Performance

ARE opened at $51.07 on Friday. The company has a market capitalization of $8.90 billion, a price-to-earnings ratio of -8.14, a P/E/G ratio of 5.96 and a beta of 1.19. The business’s 50-day moving average price is $47.76 and its two-hundred day moving average price is $49.92. Alexandria Real Estate Equities, Inc. has a 1 year low of $39.41 and a 1 year high of $88.24. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.20 and a quick ratio of 0.20.

Alexandria Real Estate Equities (NYSE:ARE) last posted its quarterly earnings data on Monday, April 27th. The real estate investment trust reported $1.73 earnings per share for the quarter, hitting the consensus estimate of $1.73. The company had revenue of $671.02 million during the quarter, compared to analysts’ expectations 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%.Alexandria Real Estate Equities’s revenue for the quarter was down 11.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.30 earnings per share. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.300-6.500 EPS. Equities analysts expect that Alexandria Real Estate Equities, Inc. will post 6.4 EPS for the current fiscal year.

Alexandria Real Estate Equities Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be paid a $0.72 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $2.88 annualized dividend and a yield of 5.6%. Alexandria Real Estate Equities’s payout ratio is presently -45.93%.

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.