45,486 Shares in Alexandria Real Estate Equities, Inc. $ARE Acquired by GSI Capital Advisors LLC

GSI Capital Advisors LLC purchased a new position in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 45,486 shares of the real estate investment trust’s stock, valued at approximately $3,791,000. Alexandria Real Estate Equities makes up 2.1% of GSI Capital Advisors LLC’s portfolio, making the stock its 21st largest position.

Several other institutional investors have also recently added to or reduced their stakes in the business. Ibex Wealth Advisors acquired a new stake in shares of Alexandria Real Estate Equities in the third quarter valued at approximately $6,501,000. Aster Capital Management DIFC Ltd acquired a new position in Alexandria Real Estate Equities in the third quarter valued at $41,000. Handelsbanken Fonder AB raised its stake in Alexandria Real Estate Equities by 0.5% during the 3rd quarter. Handelsbanken Fonder AB now owns 112,593 shares of the real estate investment trust’s stock valued at $9,384,000 after acquiring an additional 601 shares during the last quarter. DNB Asset Management AS grew its holdings in Alexandria Real Estate Equities by 121.4% during the third quarter. DNB Asset Management AS now owns 92,657 shares of the real estate investment trust’s stock worth $7,722,000 after acquiring an additional 50,810 shares during the period. Finally, Choreo LLC acquired a new stake in Alexandria Real Estate Equities in the third quarter valued at $307,000. Hedge funds and other institutional investors own 96.54% of the company’s stock.

Insider Transactions at Alexandria Real Estate Equities

In other Alexandria Real Estate Equities news, Chairman Joel S. Marcus acquired 25,000 shares of the stock in a transaction on Thursday, February 12th. The stock was purchased at an average price of $53.92 per share, for a total transaction of $1,348,000.00. Following the purchase, the chairman directly owned 562,724 shares in the company, valued at $30,342,078.08. This trade represents a 4.65% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Sheila K. Mcgrath bought 3,100 shares of the business’s stock in a transaction on Wednesday, December 10th. The stock was acquired at an average cost of $45.60 per share, for a total transaction of $141,360.00. Following the completion of the transaction, the director owned 8,392 shares in the company, valued at $382,675.20. This represents a 58.58% 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.

Alexandria Real Estate Equities Stock Down 1.9%

NYSE ARE opened at $54.07 on Friday. The stock has a market cap of $9.37 billion, a PE ratio of -6.41, a P/E/G ratio of 6.68 and a beta of 1.31. The business has a 50 day moving average price of $53.68 and a two-hundred day moving average price of $63.35. Alexandria Real Estate Equities, Inc. has a fifty-two week low of $44.10 and a fifty-two week high of $105.14. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.65.

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

Alexandria Real Estate Equities declared that its Board of Directors has approved a share repurchase plan on Monday, December 8th that allows the company to buyback $500.00 million in outstanding shares. This buyback authorization allows the real estate investment trust to purchase up to 6.4% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s board believes its shares are undervalued.

Alexandria Real Estate Equities Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st were given a dividend of $0.72 per share. This represents a $2.88 dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date of this dividend was Wednesday, December 31st. Alexandria Real Estate Equities’s payout ratio is presently -34.12%.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the stock. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Alexandria Real Estate Equities in a research note on Wednesday, January 21st. The Goldman Sachs Group initiated coverage on shares of Alexandria Real Estate Equities in a research report on Tuesday, February 3rd. They set a “neutral” rating and a $60.00 target price on the stock. Deutsche Bank Aktiengesellschaft raised their target price on shares of Alexandria Real Estate Equities from $53.00 to $55.00 and gave the company a “hold” rating in a report on Monday, February 2nd. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $60.00 price target on shares of Alexandria Real Estate Equities in a research report on Tuesday, February 10th. Finally, Zacks Research raised Alexandria Real Estate Equities from a “strong sell” rating to a “hold” rating in a research note on Thursday, January 29th. Four equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $65.73.

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.