Ceredex Value Advisors LLC Acquires New Stake in Alexandria Real Estate Equities, Inc. $ARE

Ceredex Value Advisors LLC bought a new stake in Alexandria Real Estate Equities, Inc. (NYSE:ARE) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 185,900 shares of the real estate investment trust’s stock, valued at approximately $9,825,000. Ceredex Value Advisors LLC owned approximately 0.11% of Alexandria Real Estate Equities at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of ARE. Farther Finance Advisors LLC lifted its holdings in shares of Alexandria Real Estate Equities by 18.1% in the 4th quarter. Farther Finance Advisors LLC now owns 1,228 shares of the real estate investment trust’s stock worth $60,000 after acquiring an additional 188 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Alexandria Real Estate Equities by 0.9% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,443 shares of the real estate investment trust’s stock worth $1,711,000 after purchasing an additional 198 shares during the last quarter. New Mexico Educational Retirement Board boosted its position in Alexandria Real Estate Equities by 2.9% during the fourth quarter. New Mexico Educational Retirement Board now owns 7,200 shares of the real estate investment trust’s stock valued at $352,000 after buying an additional 200 shares during the period. CIBC Private Wealth Group LLC increased its holdings in shares of Alexandria Real Estate Equities by 109.6% in the third quarter. CIBC Private Wealth Group LLC now owns 436 shares of the real estate investment trust’s stock worth $36,000 after buying an additional 228 shares during the period. Finally, Quarry LP lifted its stake in shares of Alexandria Real Estate Equities by 33.9% in the 4th quarter. Quarry LP now owns 991 shares of the real estate investment trust’s stock valued at $48,000 after acquiring an additional 251 shares during the last quarter. 96.54% of the stock is currently owned by institutional investors.

Insider Activity at Alexandria Real Estate Equities

In other Alexandria Real Estate Equities news, Chairman Joel S. Marcus bought 5,000 shares of the company’s stock in a transaction dated Monday, August 17th. The shares were purchased at an average price of $46.28 per share, for a total transaction of $231,400.00. Following the acquisition, the chairman owned 592,724 shares in the company, valued at approximately $27,431,266.72. This represents a 0.85% increase in their position. The purchase 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 stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $54.00, for a total transaction of $108,000.00. Following the completion of the transaction, the chief financial officer owned 188,264 shares of the company’s stock, valued at approximately $10,166,256. The trade was 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. Insiders own 1.35% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on ARE. Morgan Stanley reissued an “underweight” rating and set a $53.00 price objective on shares of Alexandria Real Estate Equities in a research note on Thursday, June 11th. Cantor Fitzgerald increased their price target on shares of Alexandria Real Estate Equities from $43.00 to $52.00 and gave the company a “neutral” rating in a research report on Wednesday, August 5th. 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 report on Monday, May 4th. BMO Capital Markets boosted their price objective on shares of Alexandria Real Estate Equities from $52.00 to $54.00 and gave the company a “market perform” rating in a research report on Friday, June 12th. Finally, Zacks Research raised shares of Alexandria Real Estate Equities from a “strong sell” rating to a “hold” rating in a research note on Wednesday. Two research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus target price of $52.38.

Alexandria Real Estate Equities Price Performance

Shares of Alexandria Real Estate Equities stock opened at $53.42 on Friday. The business has a 50 day moving average of $50.58 and a 200 day moving average of $49.63. Alexandria Real Estate Equities, Inc. has a 52 week low of $39.41 and a 52 week high of $88.24. The company has a market cap of $9.31 billion, a PE ratio of -8.82 and a beta of 1.15. The company has a quick ratio of 0.19, a current ratio of 0.19 and a debt-to-equity ratio of 0.67.

Alexandria Real Estate Equities (NYSE:ARE) last released its quarterly earnings results on Monday, August 3rd. The real estate investment trust reported ($0.43) earnings per share for the quarter, missing the consensus estimate of $0.09 by ($0.52). Alexandria Real Estate Equities had a negative net margin of 36.08% and a negative return on equity of 5.21%. The company had revenue of $662.78 million during the quarter, compared to the consensus estimate of $464.86 million. During the same quarter last year, the firm earned $2.33 EPS. The business’s revenue was down 13.0% on a year-over-year basis. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.350-6.450 EPS. As a group, equities research analysts forecast that Alexandria Real Estate Equities, Inc. will post 6.38 earnings per share for the current year.

Alexandria Real Estate Equities Announces Dividend

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

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.