Ieq Capital LLC Makes New Investment in Alexandria Real Estate Equities, Inc. $ARE

Ieq Capital LLC purchased a new position in Alexandria Real Estate Equities, Inc. (NYSE:ARE) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 378,579 shares of the real estate investment trust’s stock, valued at approximately $20,008,000. Ieq Capital LLC owned about 0.22% of Alexandria Real Estate Equities at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in ARE. BlackRock Inc. purchased a new position in Alexandria Real Estate Equities in the second quarter worth $1,146,423,000. Norges Bank purchased a new stake in Alexandria Real Estate Equities during the fourth quarter valued at about $805,429,000. Invesco Ltd. raised its position in Alexandria Real Estate Equities by 57.9% during the fourth quarter. Invesco Ltd. now owns 6,033,304 shares of the real estate investment trust’s stock valued at $295,270,000 after purchasing an additional 2,211,424 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Alexandria Real Estate Equities by 1,022.1% during the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,813,955 shares of the real estate investment trust’s stock worth $151,175,000 after purchasing an additional 1,652,298 shares during the last quarter. Finally, Bank of New York Mellon Corp bought a new stake in Alexandria Real Estate Equities during the second quarter worth about $79,253,000. Hedge funds and other institutional investors own 96.54% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on ARE shares. Morgan Stanley reiterated an “underweight” rating and issued a $53.00 price objective on shares of Alexandria Real Estate Equities in a report on Thursday, June 11th. Wall Street Zen downgraded Alexandria Real Estate Equities from a “hold” rating to a “sell” rating in a research report on Saturday, August 8th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Alexandria Real Estate Equities in a research note on Friday, July 17th. Robert W. Baird reiterated a “neutral” rating and set a $46.00 price target (down from $67.00) on shares of Alexandria Real Estate Equities in a research report on Monday, May 4th. Finally, Citizens Jmp reissued a “market perform” rating on shares of Alexandria Real Estate Equities in a research note on Monday, August 17th. Two research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Reduce” and an average price target of $52.38.

Insider Activity at Alexandria Real Estate Equities

In other news, Chairman Joel S. Marcus bought 5,000 shares of the business’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 completion of the acquisition, the chairman owned 592,724 shares of the company’s stock, valued at approximately $27,431,266.72. This trade represents a 0.85% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CFO Marc E. Binda sold 2,000 shares of Alexandria Real Estate Equities stock in a transaction on 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 directly owned 188,264 shares in the company, 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.

Alexandria Real Estate Equities Stock Up 0.9%

Shares of NYSE:ARE opened at $53.42 on Friday. The stock’s 50-day moving average price is $50.58 and its 200-day moving average price is $49.63. Alexandria Real Estate Equities, Inc. has a 12-month low of $39.41 and a 12-month high of $88.24. The stock has a market capitalization of $9.31 billion, a P/E ratio of -8.82 and a beta of 1.15. The company has a current ratio of 0.19, a quick ratio of 0.19 and a debt-to-equity ratio of 0.67.

Alexandria Real Estate Equities (NYSE:ARE) last released its quarterly earnings data on Monday, August 3rd. The real estate investment trust reported ($0.43) EPS for the quarter, missing the consensus estimate of $0.09 by ($0.52). Alexandria Real Estate Equities had a negative return on equity of 5.21% and a negative net margin of 36.08%.The company had revenue of $662.78 million during the quarter, compared to analysts’ expectations of $464.86 million. During the same quarter in the prior year, the firm posted $2.33 EPS. The firm’s quarterly 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. On average, equities analysts anticipate that Alexandria Real Estate Equities, Inc. will post 6.38 earnings per share for the current year.

Alexandria Real Estate Equities Announces Dividend

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

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.