Investment Research Partners LLC Invests $905,000 in Alexandria Real Estate Equities, Inc. $ARE

Investment Research Partners LLC bought a new stake in Alexandria Real Estate Equities, Inc. (NYSE:ARE) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 10,861 shares of the real estate investment trust’s stock, valued at approximately $905,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Avalon Trust Co bought a new stake in Alexandria Real Estate Equities during the third quarter worth $29,000. Cornerstone Planning Group LLC grew its stake in Alexandria Real Estate Equities by 5,916.7% in 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 period. BOKF NA grew its stake in Alexandria Real Estate Equities by 6,033.3% in the 3rd quarter. BOKF NA now owns 368 shares of the real estate investment trust’s stock valued at $31,000 after purchasing an additional 362 shares during the period. Loomis Sayles & Co. L P purchased a new stake in shares of Alexandria Real Estate Equities during the 2nd quarter valued at $27,000. Finally, CYBER HORNET ETFs LLC purchased a new stake in shares of Alexandria Real Estate Equities during the 2nd quarter valued at $30,000. 96.54% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other Alexandria Real Estate Equities news, Chairman Joel S. Marcus acquired 25,000 shares of the stock in a transaction that occurred on Thursday, February 12th. The shares were bought at an average price of $53.92 per share, for a total transaction of $1,348,000.00. Following the completion of the transaction, the chairman owned 562,724 shares of the company’s stock, valued at approximately $30,342,078.08. This represents a 4.65% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 1.08% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. BNP Paribas Exane cut their price target on shares of Alexandria Real Estate Equities from $72.00 to $50.00 and set an “underperform” rating on the stock in a report on Thursday, December 4th. Mizuho decreased their price objective on shares of Alexandria Real Estate Equities from $91.00 to $70.00 and set an “outperform” rating for the company in a report on Friday, January 9th. Evercore lifted their price objective on shares of Alexandria Real Estate Equities from $64.00 to $67.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 28th. Cantor Fitzgerald boosted their target price on shares of Alexandria Real Estate Equities from $46.00 to $60.00 and gave the company a “neutral” rating in a research note on Wednesday, January 28th. Finally, Zacks Research raised shares of Alexandria Real Estate Equities from a “strong sell” rating to a “hold” rating in a research report on Thursday, January 29th. Four 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. Based on data from MarketBeat.com, Alexandria Real Estate Equities presently has a consensus rating of “Hold” and an average target price of $65.33.

Alexandria Real Estate Equities Trading Down 2.2%

Shares of Alexandria Real Estate Equities stock opened at $48.31 on Thursday. Alexandria Real Estate Equities, Inc. has a 52-week low of $44.10 and a 52-week high of $98.72. The stock’s 50-day simple moving average is $53.99 and its 200 day simple moving average is $60.72. The stock has a market capitalization of $8.37 billion, a P/E ratio of -5.72, a P/E/G ratio of 5.98 and a beta of 1.31. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.23 and a current ratio of 0.23.

Alexandria Real Estate Equities (NYSE:ARE) last posted its earnings results on Monday, January 26th. The real estate investment trust reported $2.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.15 by $0.01. The firm had revenue of $754.41 million for the quarter, compared to the consensus estimate 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 business’s quarterly revenue was down 4.4% on a year-over-year basis. During the same quarter in the prior year, the business posted $2.39 earnings per share. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.250-6.550 EPS. As a group, research analysts anticipate that Alexandria Real Estate Equities, Inc. will post 9.32 EPS for the current year.

Alexandria Real Estate Equities declared that its Board of Directors has authorized a share repurchase program on Monday, December 8th that allows the company to repurchase $500.00 million in outstanding shares. This repurchase authorization allows the real estate investment trust to purchase up to 6.4% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s leadership believes its shares are undervalued.

Alexandria Real Estate Equities Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be issued a $0.72 dividend. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $2.88 annualized dividend and a dividend yield of 6.0%. Alexandria Real Estate Equities’s dividend payout ratio is presently -34.12%.

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.