Fox Run Management L.L.C. Purchases New Position in Alexandria Real Estate Equities, Inc. $ARE

Fox Run Management L.L.C. acquired a new position in Alexandria Real Estate Equities, Inc. (NYSE:ARE) during the 3rd quarter, HoldingsChannel.com reports. The fund acquired 10,328 shares of the real estate investment trust’s stock, valued at approximately $861,000.

A number of other institutional investors and hedge funds have also bought and sold shares of ARE. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Alexandria Real Estate Equities by 102.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,245 shares of the real estate investment trust’s stock worth $2,184,000 after buying an additional 11,762 shares in the last quarter. NewEdge Advisors LLC lifted its stake in Alexandria Real Estate Equities by 4,261.1% in the first quarter. NewEdge Advisors LLC now owns 3,140 shares of the real estate investment trust’s stock worth $290,000 after acquiring an additional 3,068 shares during the period. Empowered Funds LLC grew its holdings in Alexandria Real Estate Equities by 4.8% during the 1st quarter. Empowered Funds LLC now owns 6,455 shares of the real estate investment trust’s stock worth $597,000 after acquiring an additional 296 shares in the last quarter. Woodline Partners LP increased its position in Alexandria Real Estate Equities by 39.9% during the 1st quarter. Woodline Partners LP now owns 13,015 shares of the real estate investment trust’s stock valued at $1,204,000 after purchasing an additional 3,714 shares during the period. Finally, Focus Partners Wealth increased its position in Alexandria Real Estate Equities by 171.5% during the 1st quarter. Focus Partners Wealth now owns 6,591 shares of the real estate investment trust’s stock valued at $610,000 after purchasing an additional 4,163 shares during the period. 96.54% of the stock is owned by institutional investors.

Alexandria Real Estate Equities Trading Up 2.1%

Shares of NYSE:ARE opened at $55.20 on Friday. The business’s 50-day moving average is $53.55 and its 200 day moving average is $63.48. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.23 and a quick ratio of 0.23. Alexandria Real Estate Equities, Inc. has a 1 year low of $44.10 and a 1 year high of $105.14. The firm has a market capitalization of $9.57 billion, a P/E ratio of -6.54, a P/E/G ratio of 6.55 and a beta of 1.31.

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

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

Alexandria Real Estate Equities Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were paid a dividend of $0.72 per share. The ex-dividend date was Wednesday, December 31st. This represents a $2.88 dividend on an annualized basis and a yield of 5.2%. Alexandria Real Estate Equities’s dividend payout ratio is presently -34.12%.

Insider Buying and Selling

In related news, Director Sheila K. Mcgrath purchased 3,100 shares of the firm’s stock in a transaction on Wednesday, December 10th. The stock was acquired at an average price of $45.60 per share, with a total value of $141,360.00. Following the completion of the acquisition, the director owned 8,392 shares in the company, valued at approximately $382,675.20. This represents a 58.58% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Chairman Joel S. Marcus acquired 25,000 shares of the company’s stock in a transaction dated Thursday, February 12th. The shares were bought at an average cost of $53.92 per share, for a total transaction of $1,348,000.00. Following the completion of the acquisition, the chairman directly owned 562,724 shares of the company’s stock, valued at approximately $30,342,078.08. The trade was a 4.65% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 1.08% of the company’s stock.

Analysts Set New Price Targets

ARE has been the topic of several research reports. JPMorgan Chase & Co. cut their price objective on shares of Alexandria Real Estate Equities from $65.00 to $63.00 and set a “neutral” rating on the stock in a report on Wednesday, January 14th. Royal Bank Of Canada restated a “sector perform” rating and set a $60.00 price objective on shares of Alexandria Real Estate Equities in a research note on Tuesday, February 10th. Cantor Fitzgerald lifted their target price on Alexandria Real Estate Equities from $46.00 to $60.00 and gave the company a “neutral” rating in a research note on Wednesday, January 28th. Zacks Research upgraded shares of Alexandria Real Estate Equities from a “strong sell” rating to a “hold” rating in a report on Thursday, January 29th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Alexandria Real Estate Equities in a report on Wednesday, January 21st. Four equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $65.73.

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.