TMB Capital Partners LLC Takes $21.81 Million Position in Alexandria Real Estate Equities, Inc. $ARE

TMB Capital Partners LLC purchased a new position in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) during the 4th quarter, HoldingsChannel.com reports. The firm purchased 445,626 shares of the real estate investment trust’s stock, valued at approximately $21,809,000. Alexandria Real Estate Equities accounts for about 7.5% of TMB Capital Partners LLC’s holdings, making the stock its 2nd biggest position.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Avalon Trust Co bought a new position in Alexandria Real Estate Equities in the 3rd quarter valued at approximately $29,000. CYBER HORNET ETFs LLC bought a new stake in Alexandria Real Estate Equities during the 2nd quarter worth approximately $30,000. BOKF NA increased its position 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 acquiring an additional 362 shares during the period. MUFG Securities EMEA plc acquired a new position in Alexandria Real Estate Equities in the 2nd quarter valued at approximately $33,000. Finally, CIBC Private Wealth Group LLC raised its stake in shares of Alexandria Real Estate Equities by 109.6% during 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 acquiring an additional 228 shares during the last quarter. Institutional investors and hedge funds own 96.54% of the company’s stock.

Insider Activity

In other Alexandria Real Estate Equities news, Chairman Joel S. Marcus acquired 7,500 shares of the company’s stock in a transaction dated Tuesday, May 5th. The shares were bought 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. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Hallie E. Kuhn sold 536 shares of the business’s stock in a transaction dated Friday, April 17th. The shares were sold at an average price of $48.20, for a total value of $25,835.20. Following the completion of the transaction, the executive vice president directly owned 48,301 shares in the company, valued at $2,328,108.20. This represents a 1.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.35% of the stock is currently owned by insiders.

Alexandria Real Estate Equities Stock Up 3.8%

Shares of NYSE ARE opened at $51.07 on Friday. The company has a market capitalization of $8.90 billion, a P/E ratio of -8.14, a price-to-earnings-growth ratio of 5.96 and a beta of 1.19. Alexandria Real Estate Equities, Inc. has a 52-week low of $39.41 and a 52-week high of $88.24. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.20 and a current ratio of 0.20. The company’s 50 day moving average price is $47.76 and its 200-day moving average price is $49.92.

Alexandria Real Estate Equities (NYSE:ARE) last posted its quarterly earnings data on Monday, April 27th. The real estate investment trust reported $1.73 EPS for the quarter, meeting analysts’ consensus estimates of $1.73. Alexandria Real Estate Equities had a negative net margin of 36.03% and a negative return on equity of 5.21%. The company had revenue of $671.02 million for the quarter, compared to analyst estimates of $684.78 million. During the same period in the prior year, the firm posted $2.30 EPS. The company’s quarterly revenue was down 11.5% on a year-over-year basis. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.300-6.500 EPS. Equities analysts forecast that Alexandria Real Estate Equities, Inc. will post 6.4 earnings per share for the current year.

Alexandria Real Estate Equities Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be issued a $0.72 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $2.88 annualized dividend and a yield of 5.6%. Alexandria Real Estate Equities’s payout ratio is presently -45.93%.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. JPMorgan Chase & Co. cut their price target on shares of Alexandria Real Estate Equities from $63.00 to $57.00 and set a “neutral” rating on the stock in a report on Tuesday, March 10th. Weiss Ratings restated a “sell (d)” rating on shares of Alexandria Real Estate Equities in a report on Monday, April 20th. Jefferies Financial Group lowered their target price on Alexandria Real Estate Equities from $57.00 to $47.00 and set a “hold” rating for the company in a research report on Tuesday, April 14th. Citigroup reaffirmed an “outperform” rating on shares of Alexandria Real Estate Equities in a report on Monday, May 4th. Finally, Robert W. Baird reiterated a “neutral” rating and issued a $46.00 price target (down from $67.00) on shares of Alexandria Real Estate Equities in a research report on Monday, May 4th. Three analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, Alexandria Real Estate Equities has an average rating of “Hold” and a consensus target price of $51.62.

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.