Capital World Investors boosted its holdings in Alexandria Real Estate Equities, Inc. (NYSE:ARE – Free Report) by 0.8% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,720,956 shares of the real estate investment trust’s stock after buying an additional 29,575 shares during the quarter. Capital World Investors’ holdings in Alexandria Real Estate Equities were worth $182,104,000 at the end of the most recent reporting period.
Other large investors have also bought and sold shares of the company. Avalon Trust Co bought a new position in Alexandria Real Estate Equities in the third quarter valued at about $29,000. CYBER HORNET ETFs LLC bought a new position in Alexandria Real Estate Equities in the second quarter valued at about $30,000. BOKF NA raised its position in Alexandria Real Estate Equities by 6,033.3% in the third 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 last quarter. MUFG Securities EMEA plc bought a new position in Alexandria Real Estate Equities in the second quarter valued at about $33,000. Finally, CIBC Private Wealth Group LLC raised its position in Alexandria Real Estate Equities by 109.6% in the third quarter. CIBC Private Wealth Group LLC now owns 436 shares of the real estate investment trust’s stock valued at $36,000 after purchasing an additional 228 shares during the last quarter. 96.54% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling
In related news, EVP Hallie E. Kuhn sold 536 shares of the firm’s stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of $48.20, for a total transaction of $25,835.20. Following the completion of the sale, the executive vice president owned 48,301 shares of the company’s stock, valued at $2,328,108.20. This trade represents a 1.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Chairman Joel S. Marcus bought 7,500 shares of the firm’s stock in a transaction that occurred on Tuesday, May 5th. The shares were acquired at an average cost of $42.72 per share, with a total value of $320,400.00. Following the purchase, the chairman directly owned 587,724 shares of the company’s stock, valued at $25,107,569.28. This trade represents a 1.29% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 1.35% of the stock is currently owned by insiders.
Analyst Ratings Changes
Check Out Our Latest Stock Analysis on ARE
Alexandria Real Estate Equities Price Performance
Shares of ARE opened at $50.29 on Tuesday. Alexandria Real Estate Equities, Inc. has a 1 year low of $39.41 and a 1 year high of $88.24. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.20 and a quick ratio of 0.20. The company has a market capitalization of $8.76 billion, a price-to-earnings ratio of -8.02, a price-to-earnings-growth ratio of 6.21 and a beta of 1.19. The business has a 50-day moving average of $46.55 and a 200-day moving average of $49.90.
Alexandria Real Estate Equities (NYSE:ARE – Get Free Report) last issued its quarterly earnings data on Monday, April 27th. The real estate investment trust reported $1.73 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.73. Alexandria Real Estate Equities had a negative return on equity of 5.21% and a negative net margin of 36.03%.The company had revenue of $671.02 million during the quarter, compared to the consensus estimate of $684.78 million. During the same period last year, the company earned $2.30 earnings per share. The firm’s revenue was down 11.5% compared to the same quarter last year. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.300-6.500 EPS. As a group, equities research analysts anticipate that Alexandria Real Estate Equities, Inc. will post 6.4 earnings per share for the current year.
Alexandria Real Estate Equities Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be paid a dividend of $0.72 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $2.88 annualized dividend and a yield of 5.7%. Alexandria Real Estate Equities’s dividend payout ratio (DPR) is currently -45.93%.
Alexandria Real Estate Equities Company 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.
Recommended Stories
- Five stocks we like better than Alexandria Real Estate Equities
- 3 Stocks With Fresh Catalysts to Watch Before the July 4
- Amprius Insiders Are Selling: Should Investors Be Worried?
- A Weaker Dollar Could Put These 3 Industrial Stocks Back in Focus
- A Market Rotation Toward Quality Will Benefit These 3 ETFs
Want to see what other hedge funds are holding ARE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alexandria Real Estate Equities, Inc. (NYSE:ARE – Free Report).
Receive News & Ratings for Alexandria Real Estate Equities Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alexandria Real Estate Equities and related companies with MarketBeat.com's FREE daily email newsletter.
