13,321 Shares in Alexandria Real Estate Equities, Inc. $ARE Purchased by Equitable Holdings Inc.

Equitable Holdings Inc. acquired a new stake in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 13,321 shares of the real estate investment trust’s stock, valued at approximately $704,000.

A number of other hedge funds also recently bought and sold shares of the business. BlackRock Inc. acquired a new position in shares of Alexandria Real Estate Equities during the 2nd quarter worth approximately $1,146,423,000. Norges Bank purchased a new position in Alexandria Real Estate Equities during the fourth quarter worth approximately $805,429,000. Invesco Ltd. boosted its stake 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 worth $295,270,000 after buying an additional 2,211,424 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted 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 buying an additional 1,652,298 shares during the last quarter. Finally, Bank of New York Mellon Corp purchased a new stake in Alexandria Real Estate Equities in the 2nd quarter valued at $79,253,000. Institutional investors and hedge funds own 96.54% of the company’s stock.

Insider Activity at Alexandria Real Estate Equities

In other news, CFO Marc E. Binda sold 2,000 shares of the stock in a transaction on Tuesday, June 9th. The stock was sold at an average price of $54.00, for a total value of $108,000.00. Following the sale, the chief financial officer directly owned 188,264 shares in the company, valued at approximately $10,166,256. This trade represents a 1.05% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Chairman Joel S. Marcus bought 5,000 shares of the firm’s stock in a transaction that occurred on Monday, August 17th. The stock was bought at an average price of $46.28 per share, with a total value of $231,400.00. Following the completion of the acquisition, the chairman owned 592,724 shares of the company’s stock, valued at $27,431,266.72. This trade represents a 0.85% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 1.35% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

ARE has been the topic of several analyst reports. Cantor Fitzgerald lifted their price target on Alexandria Real Estate Equities from $43.00 to $52.00 and gave the stock a “neutral” rating in a report on Wednesday, August 5th. Mizuho reduced their target price on shares of Alexandria Real Estate Equities from $70.00 to $60.00 and set an “outperform” rating on the stock in a research note on Monday, July 6th. Citizens Jmp reiterated a “market perform” rating on shares of Alexandria Real Estate Equities in a report on Monday, August 17th. Morgan Stanley reissued an “underweight” rating and issued a $53.00 price target on shares of Alexandria Real Estate Equities in a research note on Thursday, June 11th. Finally, Robert W. Baird lifted their price target on shares of Alexandria Real Estate Equities from $46.00 to $52.00 and gave the company a “neutral” rating in a research report on Monday, August 24th. Two equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus target price of $52.85.

Alexandria Real Estate Equities Price Performance

ARE stock opened at $51.65 on Friday. The business’s fifty day moving average price is $50.74 and its 200 day moving average price is $49.56. Alexandria Real Estate Equities, Inc. has a 12-month low of $39.41 and a 12-month high of $88.24. The company has a current ratio of 0.19, a quick ratio of 0.19 and a debt-to-equity ratio of 0.67. The company has a market capitalization of $9.00 billion, a PE ratio of -8.52 and a beta of 1.15.

Alexandria Real Estate Equities (NYSE:ARE) last released its 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). The firm had revenue of $662.78 million during the quarter, compared to analyst estimates of $464.86 million. Alexandria Real Estate Equities had a negative net margin of 36.08% and a negative return on equity of 5.21%. The business’s revenue was down 13.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.33 earnings per share. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.350-6.450 EPS. On average, sell-side analysts anticipate that Alexandria Real Estate Equities, Inc. will post 6.39 EPS for the current year.

Alexandria Real Estate Equities Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were paid a dividend of $0.72 per share. This represents a $2.88 annualized dividend and a yield of 5.6%. The ex-dividend date of this dividend was Tuesday, June 30th. Alexandria Real Estate Equities’s dividend payout ratio is presently -47.52%.

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.