Deutsche Bank AG Purchases New Stake in Alexandria Real Estate Equities, Inc. $ARE

Deutsche Bank AG acquired a new stake in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) in the second quarter, Holdings Channel.com reports. The institutional investor acquired 877,167 shares of the real estate investment trust’s stock, valued at approximately $46,358,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Norges Bank bought a new stake in Alexandria Real Estate Equities during the fourth quarter worth $805,429,000. Invesco Ltd. boosted its stake in shares of Alexandria Real Estate Equities by 57.9% in the 4th 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 grew its holdings in shares of Alexandria Real Estate Equities by 1,022.1% in 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 valued at $151,175,000 after acquiring an additional 1,652,298 shares in the last quarter. Bank of New York Mellon Corp purchased a new stake in shares of Alexandria Real Estate Equities during the second quarter valued at approximately $79,253,000. Finally, Freestone Grove Partners LP purchased a new position in Alexandria Real Estate Equities in the fourth quarter worth $72,144,000. 96.54% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, CFO Marc E. Binda sold 2,000 shares of the stock in a transaction that occurred 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 sale, the chief financial officer owned 188,264 shares of the company’s stock, valued at approximately $10,166,256. This represents a 1.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Chairman Joel S. Marcus purchased 5,000 shares of the company’s stock in a transaction on Monday, August 17th. The shares were purchased at an average cost of $46.28 per share, with a total value of $231,400.00. Following the transaction, the chairman directly owned 592,724 shares in the company, valued at $27,431,266.72. This trade represents a 0.85% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 1.35% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on ARE shares. Mizuho decreased their target price on Alexandria Real Estate Equities from $70.00 to $60.00 and set an “outperform” rating for the company in a research report on Monday, July 6th. Cantor Fitzgerald raised their price objective on shares of Alexandria Real Estate Equities from $43.00 to $52.00 and gave the stock a “neutral” rating in a report on Wednesday, August 5th. Zacks Research upgraded shares of Alexandria Real Estate Equities from a “strong sell” rating to a “hold” rating in a research note on Wednesday. Citizens Jmp reaffirmed a “market perform” rating on shares of Alexandria Real Estate Equities in a report on Monday, August 17th. Finally, Royal Bank Of Canada lowered their price target on shares of Alexandria Real Estate Equities from $60.00 to $50.00 and set a “sector perform” rating on the stock in a research report on Tuesday, May 5th. Two investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Alexandria Real Estate Equities presently has an average rating of “Reduce” and a consensus target price of $52.38.

Alexandria Real Estate Equities Price Performance

Shares of NYSE ARE opened at $53.42 on Friday. The firm 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 quick ratio of 0.19, a current ratio of 0.19 and a debt-to-equity ratio of 0.67. The stock’s 50-day simple moving average is $50.58 and its two-hundred day simple moving average is $49.63. Alexandria Real Estate Equities, Inc. has a twelve month low of $39.41 and a twelve month high of $88.24.

Alexandria Real Estate Equities (NYSE:ARE) last announced its earnings results on Monday, August 3rd. The real estate investment trust reported ($0.43) earnings per share for the quarter, missing analysts’ consensus estimates 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 analysts’ expectations of $464.86 million. During the same period in the prior year, the business earned $2.33 earnings per share. The company’s revenue for the quarter was down 13.0% compared to the same quarter last year. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.350-6.450 EPS. As a group, equities analysts anticipate that Alexandria Real Estate Equities, Inc. will post 6.38 EPS for the current fiscal year.

Alexandria Real Estate Equities Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were issued 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 payout ratio is presently -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.