TT Capital Management LLC Raises Position in Alexandria Real Estate Equities, Inc. $ARE

TT Capital Management LLC boosted its stake in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 18.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 81,523 shares of the real estate investment trust’s stock after purchasing an additional 12,744 shares during the period. Alexandria Real Estate Equities comprises 3.2% of TT Capital Management LLC’s portfolio, making the stock its 6th largest holding. TT Capital Management LLC’s holdings in Alexandria Real Estate Equities were worth $3,990,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Avalon Trust Co bought a new position in Alexandria Real Estate Equities during the third quarter valued at approximately $29,000. Cornerstone Planning Group LLC lifted its position in Alexandria Real Estate Equities by 5,916.7% during the third quarter. Cornerstone Planning Group LLC now owns 361 shares of the real estate investment trust’s stock valued at $30,000 after purchasing an additional 355 shares during the period. BOKF NA lifted its position in Alexandria Real Estate Equities by 6,033.3% during the third quarter. BOKF NA now owns 368 shares of the real estate investment trust’s stock valued at $31,000 after purchasing an additional 362 shares during the period. CYBER HORNET ETFs LLC bought a new position in Alexandria Real Estate Equities during the second quarter valued at approximately $30,000. Finally, CIBC Private Wealth Group LLC lifted its position in Alexandria Real Estate Equities by 109.6% during the third quarter. CIBC Private Wealth Group LLC now owns 436 shares of the real estate investment trust’s stock valued at $36,000 after purchasing an additional 228 shares during the period. Institutional investors own 96.54% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on ARE shares. Jefferies Financial Group lowered their price objective on shares of Alexandria Real Estate Equities from $57.00 to $47.00 and set a “hold” rating on the stock in a research report on Tuesday, April 14th. Citigroup restated an “outperform” rating on shares of Alexandria Real Estate Equities in a research report on Monday, May 4th. Robert W. Baird restated a “neutral” rating and set a $46.00 price objective (down from $67.00) on shares of Alexandria Real Estate Equities in a research report on Monday, May 4th. Cantor Fitzgerald decreased their price target on shares of Alexandria Real Estate Equities from $60.00 to $43.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 29th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Alexandria Real Estate Equities in a research report on Monday, April 20th. Three 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’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $51.23.

Insider Activity

In other news, EVP Hallie E. Kuhn sold 536 shares of the firm’s stock in a transaction on Friday, April 17th. The shares were sold at an average price of $48.20, for a total transaction of $25,835.20. Following the sale, the executive vice president directly 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 at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Chairman Joel S. Marcus acquired 7,500 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The shares were purchased at an average price of $42.72 per share, for a total transaction of $320,400.00. Following the completion of the transaction, the chairman directly owned 587,724 shares in the company, valued at approximately $25,107,569.28. This trade represents a 1.29% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders own 1.35% of the company’s stock.

Alexandria Real Estate Equities Stock Up 3.2%

Shares of ARE stock opened at $52.90 on Friday. The company has a market capitalization of $9.22 billion, a price-to-earnings ratio of -8.44, a PEG ratio of 6.21 and a beta of 1.19. Alexandria Real Estate Equities, Inc. has a one year low of $39.41 and a one year high of $88.24. The company’s fifty day moving average price is $46.43 and its 200-day moving average price is $49.90. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.20 and a quick ratio of 0.20.

Alexandria Real Estate Equities (NYSE:ARE) last announced its quarterly earnings data on Monday, April 27th. The real estate investment trust reported $1.73 EPS for the quarter, meeting the consensus estimate of $1.73. The firm had revenue of $671.02 million for the quarter, compared to the consensus estimate of $684.78 million. Alexandria Real Estate Equities had a negative net margin of 36.03% and a negative return on equity of 5.21%. The company’s revenue was down 11.5% on a year-over-year basis. During the same period last year, the firm earned $2.30 EPS. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.300-6.500 EPS. Sell-side analysts expect that Alexandria Real Estate Equities, Inc. will post 6.4 EPS for the current fiscal year.

Alexandria Real Estate Equities Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be given a dividend of $0.72 per share. This represents a $2.88 annualized dividend and a dividend yield of 5.4%. The ex-dividend date is Tuesday, June 30th. Alexandria Real Estate Equities’s dividend payout ratio (DPR) is presently -45.93%.

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.