Alexandria Real Estate Equities, Inc. $ARE Shares Sold by Vanguard Group Inc.

Vanguard Group Inc. decreased its holdings in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 1.0% in the 3rd quarter, Holdings Channel.com reports. The fund owned 25,807,182 shares of the real estate investment trust’s stock after selling 273,789 shares during the quarter. Vanguard Group Inc. owned approximately 0.15% of Alexandria Real Estate Equities worth $2,150,771,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. IFM Investors Pty Ltd boosted its holdings in Alexandria Real Estate Equities by 0.3% in the third quarter. IFM Investors Pty Ltd now owns 58,544 shares of the real estate investment trust’s stock valued at $4,909,000 after purchasing an additional 150 shares in the last quarter. Kaufman Rossin Wealth LLC increased its stake in Alexandria Real Estate Equities by 6.3% in the third quarter. Kaufman Rossin Wealth LLC now owns 2,954 shares of the real estate investment trust’s stock valued at $246,000 after purchasing an additional 174 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Alexandria Real Estate Equities by 0.9% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,443 shares of the real estate investment trust’s stock valued at $1,711,000 after purchasing an additional 198 shares in the last quarter. Zions Bancorporation National Association UT boosted its stake in shares of Alexandria Real Estate Equities by 0.4% during the 2nd quarter. Zions Bancorporation National Association UT now owns 55,580 shares of the real estate investment trust’s stock worth $4,037,000 after acquiring an additional 202 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB raised its holdings in Alexandria Real Estate Equities by 17.4% during the third quarter. MassMutual Private Wealth & Trust FSB now owns 1,371 shares of the real estate investment trust’s stock worth $114,000 after purchasing an additional 203 shares during the last quarter. Hedge funds and other institutional investors own 96.54% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft raised their target price on shares of Alexandria Real Estate Equities from $53.00 to $55.00 and gave the company a “hold” rating in a report on Monday, February 2nd. Citizens Jmp lowered shares of Alexandria Real Estate Equities from an “outperform” rating to a “market perform” rating in a research report on Thursday, November 13th. Morgan Stanley lowered their price target on Alexandria Real Estate Equities from $55.00 to $54.00 and set an “equal weight” rating for the company in a research report on Monday, February 9th. Jefferies Financial Group raised their price objective on Alexandria Real Estate Equities from $47.00 to $57.00 and gave the company a “hold” rating in a research report on Friday, January 30th. Finally, The Goldman Sachs Group began coverage on Alexandria Real Estate Equities in a research report on Tuesday, February 3rd. They set a “neutral” rating and a $60.00 price target on the stock. Four investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, Alexandria Real Estate Equities presently has a consensus rating of “Hold” and an average target price of $65.73.

Insider Transactions at Alexandria Real Estate Equities

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

Alexandria Real Estate Equities Price Performance

Shares of NYSE ARE opened at $53.34 on Friday. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.23 and a quick ratio of 0.23. The firm has a market capitalization of $9.24 billion, a PE ratio of -6.29, a P/E/G ratio of 6.58 and a beta of 1.31. Alexandria Real Estate Equities, Inc. has a 1-year low of $44.10 and a 1-year high of $105.14. The business’s fifty day moving average price is $52.90 and its two-hundred day moving average price is $64.22.

Alexandria Real Estate Equities (NYSE:ARE) last issued its earnings results on Monday, January 26th. The real estate investment trust reported $2.16 earnings per share for the quarter, topping analysts’ consensus estimates of $2.15 by $0.01. The firm had revenue of $754.41 million during the quarter, compared to analysts’ expectations of $742.64 million. Alexandria Real Estate Equities had a negative net margin of 47.23% and a negative return on equity of 6.82%. The firm’s revenue for the quarter was down 4.4% compared to the same quarter last year. During the same period last year, the firm posted $2.39 earnings per share. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.250-6.550 EPS. On average, research analysts expect that Alexandria Real Estate Equities, Inc. will post 9.32 EPS for the current year.

Alexandria Real Estate Equities Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Wednesday, December 31st were given a dividend of $0.72 per share. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $2.88 dividend on an annualized basis and a yield of 5.4%. Alexandria Real Estate Equities’s dividend payout ratio (DPR) is presently -34.12%.

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

About Alexandria Real Estate Equities

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.