Equitable Holdings Inc. Takes Position in Alexandria Real Estate Equities, Inc. $ARE

Equitable Holdings Inc. acquired a new position in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) in the 2nd quarter, HoldingsChannel reports. The institutional investor acquired 13,321 shares of the real estate investment trust’s stock, valued at approximately $704,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of ARE. FNY Investment Advisers LLC acquired a new stake in Alexandria Real Estate Equities in the second quarter valued at $26,000. First Bancorp Inc ME purchased a new position in shares of Alexandria Real Estate Equities in the 2nd quarter valued at about $26,000. Basecamp Wealth Advisors LLC increased its holdings in shares of Alexandria Real Estate Equities by 3,723.5% in the 1st quarter. Basecamp Wealth Advisors LLC now owns 650 shares of the real estate investment trust’s stock valued at $30,000 after acquiring an additional 633 shares during the last quarter. CYBER HORNET ETFs LLC acquired a new stake in shares of Alexandria Real Estate Equities during the 2nd quarter worth about $30,000. Finally, BOKF NA raised its position in shares of Alexandria Real Estate Equities by 6,033.3% during the 3rd quarter. BOKF NA now owns 368 shares of the real estate investment trust’s stock worth $31,000 after acquiring an additional 362 shares in the last quarter. Institutional investors and hedge funds own 96.54% of the company’s stock.

Alexandria Real Estate Equities Stock Down 1.2%

ARE stock opened at $51.65 on Friday. The company has a fifty day moving average price of $50.74 and a 200 day moving average price of $49.56. 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 market cap of $9.00 billion, a price-to-earnings ratio of -8.52 and a beta of 1.15. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.19 and a quick ratio of 0.19.

Alexandria Real Estate Equities (NYSE:ARE) last issued its quarterly earnings data 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 business had revenue of $662.78 million for 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 company’s revenue for the quarter was down 13.0% on a year-over-year basis. During the same period in the previous year, the business 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 6.39 earnings per share for the current year.

Alexandria Real Estate Equities Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were given a $0.72 dividend. This represents a $2.88 annualized dividend and a yield of 5.6%. The ex-dividend date was Tuesday, June 30th. Alexandria Real Estate Equities’s payout ratio is -47.52%.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on ARE. Citizens Jmp reaffirmed a “market perform” rating on shares of Alexandria Real Estate Equities in a report on Monday, August 17th. Morgan Stanley restated 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. The Goldman Sachs Group restated a “neutral” rating and issued a $52.00 target price on shares of Alexandria Real Estate Equities in a report on Tuesday, May 19th. BMO Capital Markets increased their target price on shares of Alexandria Real Estate Equities from $52.00 to $54.00 and gave the company a “market perform” rating in a research report on Friday, June 12th. Finally, Royal Bank Of Canada cut their price target on shares of Alexandria Real Estate Equities from $60.00 to $50.00 and set a “sector perform” rating on the stock in a research note on Tuesday, May 5th. Two investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Reduce” and an average price target of $52.85.

Insider Activity at Alexandria Real Estate Equities

In other Alexandria Real Estate Equities news, 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 value of $108,000.00. Following the transaction, the chief financial officer directly owned 188,264 shares in the company, valued at approximately $10,166,256. This trade represents a 1.05% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Chairman Joel S. Marcus bought 5,000 shares of the company’s stock in a transaction dated Monday, August 17th. The stock was bought at an average cost of $46.28 per share, for a total transaction of $231,400.00. Following the acquisition, the chairman owned 592,724 shares of the company’s stock, valued at approximately $27,431,266.72. This trade represents a 0.85% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 1.35% of the stock is owned by corporate insiders.

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.