350,923 Shares in Alexandria Real Estate Equities, Inc. $ARE Bought by Tocqueville Asset Management L.P.

Tocqueville Asset Management L.P. acquired a new stake in Alexandria Real Estate Equities, Inc. (NYSE:ARE) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 350,923 shares of the real estate investment trust’s stock, valued at approximately $18,546,000.

Several other hedge funds have also recently added to or reduced their stakes in ARE. FNY Investment Advisers LLC bought a new position in Alexandria Real Estate Equities during the second quarter worth about $26,000. Basecamp Wealth Advisors LLC increased its stake in shares of Alexandria Real Estate Equities by 3,723.5% in the 1st quarter. Basecamp Wealth Advisors LLC now owns 650 shares of the real estate investment trust’s stock valued at $30,000 after acquiring an additional 633 shares during the last quarter. CYBER HORNET ETFs LLC bought a new stake in shares of Alexandria Real Estate Equities in the 2nd quarter valued at about $30,000. BOKF NA raised its position in shares of 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. Finally, MUFG Securities EMEA plc acquired a new stake in shares of Alexandria Real Estate Equities in the 2nd quarter valued at approximately $33,000. Institutional investors and hedge funds own 96.54% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on ARE shares. Citizens Jmp restated a “market perform” rating on shares of Alexandria Real Estate Equities in a report on Monday. Robert W. Baird reiterated a “neutral” rating and issued a $46.00 target price (down from $67.00) on shares of Alexandria Real Estate Equities in a report on Monday, May 4th. Royal Bank Of Canada reduced 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. Zacks Research lowered shares of Alexandria Real Estate Equities from a “hold” rating to a “strong sell” rating in a report on Friday, July 17th. Finally, BNP Paribas Exane upped their price objective on shares of Alexandria Real Estate Equities from $45.00 to $48.00 and gave the company an “underperform” rating in a research report on Wednesday, August 5th. Two analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat.com, Alexandria Real Estate Equities currently has a consensus rating of “Reduce” and a consensus price target of $52.38.

Insider Activity

In other news, Chairman Joel S. Marcus purchased 5,000 shares of the business’s stock in a transaction dated Monday, August 17th. The shares were bought at an average cost of $46.28 per share, for a total transaction of $231,400.00. Following the completion of the acquisition, the chairman directly owned 592,724 shares in the company, valued at approximately $27,431,266.72. This trade represents a 0.85% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Marc E. Binda sold 2,000 shares of the company’s stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $54.00, for a total value of $108,000.00. Following the transaction, the chief financial officer directly owned 188,264 shares of the company’s stock, valued at $10,166,256. This represents a 1.05% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 1.35% of the company’s stock.

Alexandria Real Estate Equities Stock Performance

Shares of ARE opened at $50.46 on Thursday. The firm has a market cap of $8.79 billion, a P/E ratio of -8.33 and a beta of 1.15. Alexandria Real Estate Equities, Inc. has a twelve month low of $39.41 and a twelve month high of $88.24. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.19 and a current ratio of 0.19. The firm’s 50 day moving average price is $50.57 and its two-hundred day moving average price is $49.61.

Alexandria Real Estate Equities (NYSE:ARE) last issued its quarterly earnings data on Monday, August 3rd. The real estate investment trust reported ($0.43) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.09 by ($0.52). Alexandria Real Estate Equities had a negative return on equity of 5.21% and a negative net margin of 36.08%.The company had revenue of $662.78 million for the quarter, compared to the consensus estimate of $464.86 million. During the same period in the prior year, the company earned $2.33 EPS. The firm’s revenue was down 13.0% on a year-over-year basis. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.350-6.450 EPS. On average, analysts forecast that Alexandria Real Estate Equities, Inc. will post 6.38 EPS for the current fiscal year.

Alexandria Real Estate Equities Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were issued a dividend of $0.72 per share. This represents a $2.88 dividend on an annualized basis and a yield of 5.7%. The ex-dividend date was Tuesday, June 30th. Alexandria Real Estate Equities’s dividend payout ratio is -47.52%.

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.