Ieq Capital LLC Purchases New Position in Alexandria Real Estate Equities, Inc. $ARE

Ieq Capital LLC purchased a new stake in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 378,579 shares of the real estate investment trust’s stock, valued at approximately $20,008,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Paralel Advisors LLC bought a new position in shares of Alexandria Real Estate Equities during the second quarter valued at approximately $1,850,000. Allworth Financial LP bought a new stake in Alexandria Real Estate Equities in the second quarter valued at $501,000. Virtus Advisers LLC bought a new stake in Alexandria Real Estate Equities in the second quarter valued at $334,000. Ceredex Value Advisors LLC purchased a new position in Alexandria Real Estate Equities during the 2nd quarter valued at $9,825,000. Finally, Fairtree Asset Management Pty Ltd purchased a new position in Alexandria Real Estate Equities during the 2nd quarter valued at $801,000. Hedge funds and other institutional investors own 96.54% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently commented on ARE shares. BNP Paribas Exane raised their target price on shares of Alexandria Real Estate Equities from $45.00 to $48.00 and gave the stock an “underperform” rating in a research report on Wednesday, August 5th. Citizens Jmp reiterated a “market perform” rating on shares of Alexandria Real Estate Equities in a research report on Monday, August 17th. Robert W. Baird reissued a “neutral” rating and issued a $46.00 price target (down from $67.00) on shares of Alexandria Real Estate Equities in a research note on Monday, May 4th. Morgan Stanley restated an “underweight” rating and issued a $53.00 price objective on shares of Alexandria Real Estate Equities in a report on Thursday, June 11th. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and set a $52.00 price objective on shares of Alexandria Real Estate Equities in a research report on Tuesday, May 19th. Two analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus price target of $52.38.

Insider Transactions at Alexandria Real Estate Equities

In other Alexandria Real Estate Equities news, Chairman Joel S. Marcus bought 5,000 shares of the stock in a transaction dated Monday, August 17th. The stock was purchased at an average cost of $46.28 per share, for a total transaction of $231,400.00. Following the completion of 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Marc E. Binda sold 2,000 shares of the business’s 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 completion of the sale, the chief financial officer directly owned 188,264 shares in the company, valued at approximately $10,166,256. This represents a 1.05% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.35% of the stock is currently owned by corporate insiders.

Alexandria Real Estate Equities Stock Performance

Shares of ARE stock opened at $53.42 on Friday. Alexandria Real Estate Equities, Inc. has a 12 month low of $39.41 and a 12 month high of $88.24. The stock has a market cap of $9.31 billion, a PE ratio of -8.82 and a beta of 1.15. The company has a current ratio of 0.19, a quick ratio of 0.19 and a debt-to-equity ratio of 0.67. The company’s fifty day moving average price is $50.58 and its 200-day moving average price is $49.63.

Alexandria Real Estate Equities (NYSE:ARE) last released its earnings results on Monday, August 3rd. The real estate investment trust reported ($0.43) earnings per share for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.52). The business had revenue of $662.78 million during 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 firm’s quarterly revenue was down 13.0% compared to the same quarter last year. During the same period in the prior year, the company earned $2.33 earnings per share. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.350-6.450 EPS. On average, equities analysts expect that Alexandria Real Estate Equities, Inc. will post 6.38 EPS for the current fiscal year.

Alexandria Real Estate Equities Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were issued a $0.72 dividend. This represents a $2.88 dividend on an annualized basis and a yield of 5.4%. The ex-dividend date was Tuesday, June 30th. Alexandria Real Estate Equities’s dividend payout ratio is -47.52%.

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.