Alexandria Real Estate Equities, Inc. $ARE Stock Position Raised by Mattson Financial Services LLC

Mattson Financial Services LLC raised its position in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 32.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,562 shares of the real estate investment trust’s stock after purchasing an additional 2,335 shares during the period. Mattson Financial Services LLC’s holdings in Alexandria Real Estate Equities were worth $885,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in ARE. Tsfg LLC bought a new position in shares of Alexandria Real Estate Equities in the 1st quarter valued at approximately $30,000. Avalon Trust Co bought a new position in shares of Alexandria Real Estate Equities in the 1st quarter valued at approximately $32,000. TruNorth Capital Management LLC bought a new position in shares of Alexandria Real Estate Equities in the 1st quarter valued at approximately $34,000. Cromwell Holdings LLC bought a new position in shares of Alexandria Real Estate Equities in the 1st quarter valued at approximately $36,000. Finally, AlphaQuest LLC raised its stake in shares of Alexandria Real Estate Equities by 370.5% in the 1st quarter. AlphaQuest LLC now owns 414 shares of the real estate investment trust’s stock valued at $38,000 after acquiring an additional 326 shares in the last quarter. 96.54% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on ARE. JPMorgan Chase & Co. cut their price objective on Alexandria Real Estate Equities from $117.00 to $95.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 20th. Royal Bank Of Canada cut their price objective on Alexandria Real Estate Equities from $100.00 to $98.00 and set a “sector perform” rating on the stock in a research note on Tuesday, July 29th. Citigroup cut their price objective on Alexandria Real Estate Equities from $110.00 to $74.00 in a research note on Monday, June 2nd. Baird R W cut their price objective on Alexandria Real Estate Equities from $129.00 to $102.00 in a research note on Thursday, June 12th. Finally, Mizuho dropped their price target on Alexandria Real Estate Equities from $121.00 to $91.00 in a research report on Thursday, June 12th. Two analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $97.17.

Alexandria Real Estate Equities Price Performance

Shares of NYSE:ARE opened at $84.17 on Thursday. Alexandria Real Estate Equities, Inc. has a 1-year low of $67.37 and a 1-year high of $125.63. The firm has a market capitalization of $14.56 billion, a PE ratio of -647.48, a PEG ratio of 7.03 and a beta of 1.30. The business’s 50 day moving average is $78.86 and its 200-day moving average is $80.27. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.61.

Alexandria Real Estate Equities (NYSE:ARE) last announced its quarterly earnings data on Monday, July 21st. The real estate investment trust reported $2.33 earnings per share for the quarter, topping the consensus estimate of $2.29 by $0.04. Alexandria Real Estate Equities had a negative return on equity of 0.05% and a negative net margin of 0.33%.The company had revenue of $737.28 million for the quarter, compared to analyst estimates of $748.02 million. During the same quarter last year, the firm earned $2.36 EPS. Alexandria Real Estate Equities’s revenue for the quarter was down .6% compared to the same quarter last year. Alexandria Real Estate Equities has set its FY 2025 guidance at 9.160-9.360 EPS. Sell-side analysts predict that Alexandria Real Estate Equities, Inc. will post 9.32 earnings per share for the current year.

Alexandria Real Estate Equities Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th will be issued a dividend of $1.32 per share. This represents a $5.28 annualized dividend and a dividend yield of 6.3%. The ex-dividend date of this dividend is Tuesday, September 30th. Alexandria Real Estate Equities’s dividend payout ratio (DPR) is presently -4,061.54%.

Alexandria Real Estate Equities Profile

Alexandria Real Estate Equities, Inc (NYSE: ARE), an S&P 500 company, is a best-in-class, mission-driven life science REIT making a positive and lasting impact on the world. As the pioneer of the life science real estate niche since our founding in 1994, Alexandria is the preeminent and longest-tenured owner, operator, and developer of collaborative life science, agtech, and advanced technology mega campuses in AAA innovation cluster locations, including Greater Boston, the San Francisco Bay Area, New York City, San Diego, Seattle, Maryland, and Research Triangle.