Redwood Investment Management LLC Makes New $866,000 Investment in Alexandria Real Estate Equities, Inc. $ARE

Redwood Investment Management LLC bought a new stake in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 16,380 shares of the real estate investment trust’s stock, valued at approximately $866,000.

Other institutional investors also recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Alexandria Real Estate Equities by 102.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,245 shares of the real estate investment trust’s stock worth $2,184,000 after buying an additional 11,762 shares during the last quarter. NewEdge Advisors LLC boosted its stake in Alexandria Real Estate Equities by 4,261.1% in the first quarter. NewEdge Advisors LLC now owns 3,140 shares of the real estate investment trust’s stock valued at $290,000 after acquiring an additional 3,068 shares during the last quarter. Empowered Funds LLC boosted its stake in Alexandria Real Estate Equities by 4.8% in the first quarter. Empowered Funds LLC now owns 6,455 shares of the real estate investment trust’s stock valued at $597,000 after acquiring an additional 296 shares during the last quarter. Woodline Partners LP grew its holdings in Alexandria Real Estate Equities by 39.9% during the 1st quarter. Woodline Partners LP now owns 13,015 shares of the real estate investment trust’s stock worth $1,204,000 after acquiring an additional 3,714 shares during the period. Finally, Focus Partners Wealth grew its holdings in Alexandria Real Estate Equities by 171.5% during the 1st quarter. Focus Partners Wealth now owns 6,591 shares of the real estate investment trust’s stock worth $610,000 after acquiring an additional 4,163 shares during the period. Institutional investors and hedge funds own 96.54% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on ARE shares. Mizuho cut their price target on Alexandria Real Estate Equities from $70.00 to $60.00 and set an “outperform” rating on the stock in a research note on Monday, July 6th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Alexandria Real Estate Equities in a research note on Friday, July 17th. Evercore reaffirmed an “outperform” rating and set a $57.00 price objective on shares of Alexandria Real Estate Equities in a research note on Monday, August 17th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $52.00 price objective on shares of Alexandria Real Estate Equities in a report on Tuesday, May 19th. Finally, Cantor Fitzgerald increased their target price on Alexandria Real Estate Equities from $43.00 to $52.00 and gave the company a “neutral” rating in a research note on Wednesday, August 5th. Two analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus price target of $52.85.

Insider Activity at Alexandria Real Estate Equities

In other Alexandria Real Estate Equities news, CFO Marc E. Binda sold 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of $54.00, for a total value of $108,000.00. Following the sale, the chief financial officer owned 188,264 shares in the company, valued at approximately $10,166,256. The trade was a 1.05% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Chairman Joel S. Marcus purchased 5,000 shares of Alexandria Real Estate Equities 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 owned 592,724 shares in the company, valued at approximately $27,431,266.72. The trade was a 0.85% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders own 1.35% of the company’s stock.

Alexandria Real Estate Equities Price Performance

Shares of NYSE ARE opened at $52.32 on Friday. The company has a fifty day moving average price of $50.73 and a 200 day moving average price of $49.54. The firm has a market cap of $9.12 billion, a PE ratio of -8.63 and a beta of 1.15. The company has a current ratio of 0.19, a quick ratio of 0.19 and a debt-to-equity ratio of 0.67. Alexandria Real Estate Equities, Inc. has a 1-year low of $39.41 and a 1-year high of $88.24.

Alexandria Real Estate Equities (NYSE:ARE) last released its quarterly earnings results 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). The firm had revenue of $662.78 million during the quarter, compared to analyst estimates of $464.86 million. Alexandria Real Estate Equities had a negative net margin of 36.08% and a negative return on equity of 5.21%. The business’s revenue for the quarter was down 13.0% compared to the same quarter last year. During the same period in the prior year, the business earned $2.33 EPS. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.350-6.450 EPS. Research analysts predict that Alexandria Real Estate Equities, Inc. will post 6.39 earnings per share 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. Investors of record on Tuesday, June 30th were given a $0.72 dividend. This represents a $2.88 dividend on an annualized basis and a yield of 5.5%. The ex-dividend date of this dividend was Tuesday, June 30th. Alexandria Real Estate Equities’s dividend payout ratio (DPR) is currently -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.