GSI Capital Advisors LLC boosted its stake in Alexandria Real Estate Equities, Inc. (NYSE:ARE – Free Report) by 23.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 56,132 shares of the real estate investment trust’s stock after buying an additional 10,646 shares during the quarter. Alexandria Real Estate Equities makes up 1.5% of GSI Capital Advisors LLC’s investment portfolio, making the stock its 28th largest holding. GSI Capital Advisors LLC’s holdings in Alexandria Real Estate Equities were worth $2,747,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds have also bought and sold shares of ARE. Nuveen LLC grew its holdings in shares of Alexandria Real Estate Equities by 8.1% in the fourth quarter. Nuveen LLC now owns 555,855 shares of the real estate investment trust’s stock valued at $27,204,000 after acquiring an additional 41,519 shares in the last quarter. Xponance LLC increased its position in shares of Alexandria Real Estate Equities by 4.8% during the fourth quarter. Xponance LLC now owns 23,099 shares of the real estate investment trust’s stock valued at $1,130,000 after acquiring an additional 1,058 shares during the last quarter. Centersquare Investment Management LLC increased its position in shares of Alexandria Real Estate Equities by 177.0% during the fourth quarter. Centersquare Investment Management LLC now owns 1,602,065 shares of the real estate investment trust’s stock valued at $78,405,000 after acquiring an additional 1,023,747 shares during the last quarter. Mattson Financial Services LLC increased its position in shares of Alexandria Real Estate Equities by 573.4% during the fourth quarter. Mattson Financial Services LLC now owns 20,006 shares of the real estate investment trust’s stock valued at $979,000 after acquiring an additional 17,035 shares during the last quarter. Finally, Metis Global Partners LLC increased its position in shares of Alexandria Real Estate Equities by 30.5% during the fourth quarter. Metis Global Partners LLC now owns 65,121 shares of the real estate investment trust’s stock valued at $3,187,000 after acquiring an additional 15,218 shares during the last quarter. 96.54% of the stock is owned by hedge funds and other institutional investors.
Insider Transactions at Alexandria Real Estate Equities
In other Alexandria Real Estate Equities news, EVP Hallie E. Kuhn sold 536 shares of the firm’s stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $48.20, for a total value of $25,835.20. Following the completion of the transaction, the executive vice president owned 48,301 shares in the company, valued at $2,328,108.20. This trade represents a 1.10% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Gregory Calvin Thomas bought 3,500 shares of the business’s stock in a transaction on Thursday, April 30th. The stock was bought at an average price of $41.00 per share, with a total value of $143,500.00. Following the purchase, the executive vice president owned 33,024 shares in the company, valued at $1,353,984. This trade represents a 11.85% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 1.35% of the stock is owned by insiders.
Alexandria Real Estate Equities Trading Up 1.1%
Alexandria Real Estate Equities (NYSE:ARE – Get Free Report) last announced 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. Alexandria Real Estate Equities had a negative return on equity of 5.21% and a negative net margin of 36.03%.The company had revenue of $671.02 million during the quarter, compared to analyst estimates of $684.78 million. During the same quarter last year, the firm posted $2.30 EPS. 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. As a group, 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 company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be issued a $0.72 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $2.88 annualized dividend and a yield of 5.4%. Alexandria Real Estate Equities’s dividend payout ratio (DPR) is -45.93%.
Analysts Set New Price Targets
Several equities research analysts have recently issued reports on the company. BMO Capital Markets reaffirmed a “market perform” rating and set a $52.00 target price (down from $65.00) on shares of Alexandria Real Estate Equities in a research report on Wednesday, March 25th. Robert W. Baird reaffirmed a “neutral” rating and set a $46.00 target price (down from $67.00) on shares of Alexandria Real Estate Equities in a research report on Monday, May 4th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Alexandria Real Estate Equities in a research report on Monday, April 20th. Royal Bank Of Canada decreased their target price on Alexandria Real Estate Equities from $60.00 to $50.00 and set a “sector perform” rating for the company in a research report on Tuesday, May 5th. Finally, Morgan Stanley reaffirmed an “underweight” rating and set a $53.00 target price on shares of Alexandria Real Estate Equities in a research report on Thursday. Three analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $51.46.
View Our Latest Analysis on Alexandria Real Estate Equities
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.
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