Vanguard Group Inc. Sells 273,789 Shares of Alexandria Real Estate Equities, Inc. $ARE

Vanguard Group Inc. decreased its holdings in Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 1.0% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 25,807,182 shares of the real estate investment trust’s stock after selling 273,789 shares during the quarter. Vanguard Group Inc. owned 14.93% of Alexandria Real Estate Equities worth $2,150,771,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Cornerstone Planning Group LLC increased its position in shares of Alexandria Real Estate Equities by 5,916.7% during the 3rd 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 last quarter. Loomis Sayles & Co. L P bought a new stake in Alexandria Real Estate Equities in the 2nd quarter valued at about $27,000. CYBER HORNET ETFs LLC purchased a new position in Alexandria Real Estate Equities in the 2nd quarter valued at approximately $30,000. MUFG Securities EMEA plc bought a new position in Alexandria Real Estate Equities in the 2nd quarter worth about $33,000. Finally, CVA Family Office LLC increased its holdings in Alexandria Real Estate Equities by 126.8% during the 3rd quarter. CVA Family Office LLC now owns 601 shares of the real estate investment trust’s stock worth $50,000 after acquiring an additional 336 shares during the period. Hedge funds and other institutional investors own 96.54% of the company’s stock.

Alexandria Real Estate Equities Price Performance

Shares of Alexandria Real Estate Equities stock opened at $53.34 on Friday. The stock’s 50-day simple moving average is $52.90 and its 200-day simple moving average is $64.22. Alexandria Real Estate Equities, Inc. has a 52 week low of $44.10 and a 52 week high of $105.14. The company has a market capitalization of $9.24 billion, a price-to-earnings ratio of -6.29, a PEG ratio of 6.58 and a beta of 1.31. 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 EPS for the quarter, topping analysts’ consensus estimates of $2.15 by $0.01. The firm had revenue of $754.41 million during the quarter, compared to analysts’ expectations of $742.64 million. Alexandria Real Estate Equities had a negative return on equity of 6.82% and a negative net margin of 47.23%.The company’s quarterly revenue was down 4.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.39 EPS. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.250-6.550 EPS. As a group, analysts expect that Alexandria Real Estate Equities, Inc. will post 9.32 earnings per share for the current fiscal year.

Alexandria Real Estate Equities announced that its board has initiated a stock repurchase program on Monday, December 8th that permits the company to buyback $500.00 million in outstanding shares. This buyback authorization permits the real estate investment trust to purchase up to 6.4% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s leadership believes its stock is undervalued.

Alexandria Real Estate Equities Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were issued a $0.72 dividend. This represents a $2.88 annualized dividend and a dividend yield of 5.4%. The ex-dividend date was Wednesday, December 31st. Alexandria Real Estate Equities’s dividend payout ratio is currently -34.12%.

Insider Activity

In other news, Chairman Joel S. Marcus acquired 25,000 shares of Alexandria Real Estate Equities stock in a transaction that occurred 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. The trade was a 4.65% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Sheila K. Mcgrath purchased 3,100 shares of the stock in a transaction on Wednesday, December 10th. The shares were purchased at an average cost of $45.60 per share, with a total value of $141,360.00. Following the transaction, the director owned 8,392 shares in the company, valued at $382,675.20. This trade represents a 58.58% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 1.08% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on ARE shares. Robert W. Baird decreased their price target on shares of Alexandria Real Estate Equities from $73.00 to $67.00 and set an “outperform” rating on the stock in a report on Thursday, December 4th. Citigroup reduced their price objective on Alexandria Real Estate Equities from $61.00 to $52.00 and set a “neutral” rating on the stock in a research note on Thursday, December 4th. BMO Capital Markets boosted their price target on Alexandria Real Estate Equities from $60.00 to $65.00 and gave the stock an “outperform” rating in a research report on Monday, January 26th. Cantor Fitzgerald raised their price objective on Alexandria Real Estate Equities from $46.00 to $60.00 and gave the company a “neutral” rating in a research report on Wednesday, January 28th. Finally, The Goldman Sachs Group assumed 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 price objective on the stock. Four research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, Alexandria Real Estate Equities presently has an average rating of “Hold” and an average price target 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.