SG Americas Securities LLC Has $18.55 Million Stock Position in Alexandria Real Estate Equities, Inc. $ARE

SG Americas Securities LLC lifted its holdings in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 157.2% in the 1st quarter, HoldingsChannel reports. The fund owned 399,722 shares of the real estate investment trust’s stock after purchasing an additional 244,302 shares during the period. SG Americas Securities LLC’s holdings in Alexandria Real Estate Equities were worth $18,555,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in ARE. Norges Bank bought a new position in shares of Alexandria Real Estate Equities in the fourth quarter valued at approximately $805,429,000. State Street Corp boosted its position in shares of Alexandria Real Estate Equities by 0.7% during the fourth quarter. State Street Corp now owns 11,348,192 shares of the real estate investment trust’s stock valued at $563,418,000 after buying an additional 75,161 shares during the last quarter. Invesco Ltd. grew its holdings in Alexandria Real Estate Equities by 57.9% during the fourth quarter. Invesco Ltd. now owns 6,033,304 shares of the real estate investment trust’s stock worth $295,270,000 after buying an additional 2,211,424 shares in the last quarter. Geode Capital Management LLC raised its position in Alexandria Real Estate Equities by 1.1% in the 4th quarter. Geode Capital Management LLC now owns 4,459,453 shares of the real estate investment trust’s stock valued at $217,466,000 after buying an additional 48,490 shares during the last quarter. Finally, Capital World Investors raised its position in Alexandria Real Estate Equities by 0.8% in the 4th quarter. Capital World Investors now owns 3,720,956 shares of the real estate investment trust’s stock valued at $182,104,000 after buying an additional 29,575 shares during the last quarter. Institutional investors and hedge funds own 96.54% of the company’s stock.

Alexandria Real Estate Equities Trading Up 3.7%

NYSE ARE opened at $53.15 on Friday. The business’s fifty day moving average is $48.51 and its 200-day moving average is $49.99. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.20 and a quick ratio of 0.20. The stock has a market capitalization of $9.26 billion, a price-to-earnings ratio of -8.48, a PEG ratio of 6.21 and a beta of 1.19. Alexandria Real Estate Equities, Inc. has a one year low of $39.41 and a one year high of $88.24.

Alexandria Real Estate Equities (NYSE:ARE) last posted its quarterly earnings results on Monday, April 27th. The real estate investment trust reported $1.73 earnings per share for the quarter, meeting the consensus estimate 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 company had revenue of $671.02 million during the quarter, compared to analyst estimates of $684.78 million. During the same quarter in the prior year, the business earned $2.30 earnings per share. The firm’s revenue for the quarter was down 11.5% on a year-over-year basis. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.300-6.500 EPS. Equities research analysts predict that Alexandria Real Estate Equities, Inc. will post 6.4 EPS for the current year.

Alexandria Real Estate Equities Announces Dividend

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

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. Morgan Stanley reiterated an “underweight” rating and issued a $53.00 target price on shares of Alexandria Real Estate Equities in a research note on Thursday, June 11th. BNP Paribas Exane dropped their price target on shares of Alexandria Real Estate Equities from $50.00 to $44.00 and set an “underperform” rating on the stock in a research report on Tuesday, April 28th. JPMorgan Chase & Co. cut their price target 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. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $52.00 price objective on shares of Alexandria Real Estate Equities in a research report on Tuesday, May 19th. Finally, Evercore increased their price objective on shares of Alexandria Real Estate Equities from $55.00 to $58.00 and gave the company an “outperform” rating in a research note on Monday, June 8th. Three research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $51.62.

Insider Activity at Alexandria Real Estate Equities

In related news, Chairman Joel S. Marcus purchased 7,500 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The stock was bought at an average price of $42.72 per share, for a total transaction of $320,400.00. Following the purchase, the chairman directly owned 587,724 shares in the company, valued at approximately $25,107,569.28. This trade represents a 1.29% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Marc E. Binda sold 2,000 shares of Alexandria Real Estate Equities stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of $54.00, for a total transaction of $108,000.00. Following the completion of the sale, the chief financial officer directly owned 188,264 shares in the company, valued at $10,166,256. This trade 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. Company insiders own 1.35% of the company’s stock.

Alexandria Real Estate Equities Company 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.