Sigma Planning Corp Purchases New Position in Alexandria Real Estate Equities, Inc. $ARE

Sigma Planning Corp purchased a new position in Alexandria Real Estate Equities, Inc. (NYSE:ARE) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 28,282 shares of the real estate investment trust’s stock, valued at approximately $1,495,000.

A number of other hedge funds also recently bought and sold shares of ARE. Norges Bank purchased a new stake in shares of Alexandria Real Estate Equities during the fourth quarter worth about $805,429,000. Monaco Asset Management SAM purchased a new position in Alexandria Real Estate Equities in the 4th quarter valued at about $6,582,000. Handelsbanken Fonder AB boosted its holdings in Alexandria Real Estate Equities by 58.6% in the 2nd quarter. Handelsbanken Fonder AB now owns 68,500 shares of the real estate investment trust’s stock worth $3,620,000 after buying an additional 25,300 shares during the last quarter. Diamond Hill Capital Management Inc. purchased a new stake in Alexandria Real Estate Equities during the 4th quarter worth approximately $8,445,000. Finally, Northwestern Mutual Wealth Management Co. increased its stake in Alexandria Real Estate Equities by 789.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 51,884 shares of the real estate investment trust’s stock worth $2,539,000 after buying an additional 46,052 shares in the last quarter. Hedge funds and other institutional investors own 96.54% of the company’s stock.

Alexandria Real Estate Equities Stock Down 0.5%

Shares of NYSE ARE opened at $51.32 on Tuesday. The company has a 50 day simple moving average of $50.76 and a 200-day simple moving average of $49.47. The company has a market capitalization of $8.94 billion, a P/E ratio of -8.47 and a beta of 1.15. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.19 and a quick ratio of 0.19. 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 data on Monday, August 3rd. The real estate investment trust reported ($0.43) EPS for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.52). The business 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 company’s revenue was down 13.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.33 earnings per share. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.350-6.450 EPS. On average, equities research analysts predict that Alexandria Real Estate Equities, Inc. will post 6.39 earnings per share for the current year.

Insider Activity at Alexandria Real Estate Equities

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

Wall Street Analysts Forecast Growth

Several analysts recently commented on ARE shares. BNP Paribas Exane boosted their price target on Alexandria Real Estate Equities from $45.00 to $48.00 and gave the stock an “underperform” rating in a research report on Wednesday, August 5th. Zacks Research raised shares of Alexandria Real Estate Equities from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 19th. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $52.00 target price on shares of Alexandria Real Estate Equities in a report on Tuesday, May 19th. Evercore reiterated an “outperform” rating and issued a $57.00 target price on shares of Alexandria Real Estate Equities in a research report on Monday, August 17th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Alexandria Real Estate Equities in a research note on Friday, July 17th. Two analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Reduce” and an average price target of $52.85.

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.