Alexandria Real Estate Equities, Inc. $ARE Shares Sold by Naples Global Advisors LLC

Naples Global Advisors LLC trimmed its position in Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 61.5% in the fourth quarter, Holdings Channel reports. The firm owned 20,112 shares of the real estate investment trust’s stock after selling 32,177 shares during the quarter. Naples Global Advisors LLC’s holdings in Alexandria Real Estate Equities were worth $997,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Avalon Trust Co acquired a new position in Alexandria Real Estate Equities in the third quarter worth about $29,000. Cornerstone Planning Group LLC grew its stake in Alexandria Real Estate Equities by 5,916.7% in the third quarter. Cornerstone Planning Group LLC now owns 361 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 355 shares in the last quarter. 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 worth $31,000 after purchasing an additional 362 shares in the last quarter. CYBER HORNET ETFs LLC acquired a new position in Alexandria Real Estate Equities in the second quarter worth about $30,000. Finally, CIBC Private Wealth Group LLC grew its stake in 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 purchasing an additional 228 shares in the last quarter. 96.54% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Alexandria Real Estate Equities

In related news, EVP Hallie E. Kuhn sold 536 shares of the business’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 sale, the executive vice president owned 48,301 shares of the company’s stock, valued at $2,328,108.20. The trade was a 1.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Gregory Calvin Thomas bought 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, for a total transaction of $143,500.00. Following the acquisition, the executive vice president owned 33,024 shares of the company’s stock, valued at $1,353,984. This represents a 11.85% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last three months, insiders acquired 36,000 shares of company stock worth $1,811,900. Company insiders own 1.35% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on ARE. BNP Paribas Exane decreased their price target on Alexandria Real Estate Equities from $50.00 to $44.00 and set an “underperform” rating for the company in a research note on Tuesday, April 28th. Citigroup restated an “outperform” rating on shares of Alexandria Real Estate Equities in a research note on Monday, May 4th. Cantor Fitzgerald decreased their target price on 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. Deutsche Bank Aktiengesellschaft lifted their target price on Alexandria Real Estate Equities from $53.00 to $55.00 and gave the company a “hold” rating in a research note on Monday, February 2nd. Finally, Wall Street Zen upgraded Alexandria Real Estate Equities from a “sell” rating to a “hold” rating in a research note on Saturday, May 2nd. 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.com, the company presently has an average rating of “Hold” and an average price target of $51.92.

Alexandria Real Estate Equities Stock Performance

Shares of NYSE ARE opened at $45.98 on Tuesday. 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 stock has a 50 day simple moving average of $47.04 and a 200-day simple moving average of $51.41. The company has a market cap of $8.01 billion, a PE ratio of -7.33, a P/E/G ratio of 5.60 and a beta of 1.12. Alexandria Real Estate Equities, Inc. has a 12-month low of $39.41 and a 12-month high of $88.24.

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

Alexandria Real Estate Equities Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were given a dividend of $0.72 per share. The ex-dividend date was Tuesday, March 31st. This represents a $2.88 annualized dividend and a dividend yield of 6.3%. Alexandria Real Estate Equities’s payout ratio is currently -45.93%.

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.