Eurizon Capital SGR S.p.A. Invests $3.97 Million in Alexandria Real Estate Equities, Inc. $ARE

Eurizon Capital SGR S.p.A. bought a new position in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 81,102 shares of the real estate investment trust’s stock, valued at approximately $3,969,000.

Other institutional investors and hedge funds have also modified their holdings of the company. DNB Asset Management AS increased its stake in shares of Alexandria Real Estate Equities by 121.4% during the third quarter. DNB Asset Management AS now owns 92,657 shares of the real estate investment trust’s stock worth $7,722,000 after purchasing an additional 50,810 shares in the last quarter. Cbre Investment Management Listed Real Assets LLC grew its stake in Alexandria Real Estate Equities by 159.3% during the 3rd quarter. Cbre Investment Management Listed Real Assets LLC now owns 491,416 shares of the real estate investment trust’s stock valued at $40,955,000 after acquiring an additional 301,906 shares in the last quarter. Savant Capital LLC grew its stake in Alexandria Real Estate Equities by 64.2% during the 3rd quarter. Savant Capital LLC now owns 54,617 shares of the real estate investment trust’s stock valued at $4,552,000 after acquiring an additional 21,347 shares in the last quarter. Gradient Investments LLC grew its stake in Alexandria Real Estate Equities by 1,453.9% during the 4th quarter. Gradient Investments LLC now owns 257,838 shares of the real estate investment trust’s stock valued at $12,619,000 after acquiring an additional 241,245 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. grew its stake in Alexandria Real Estate Equities by 186.8% during the 3rd quarter. Oppenheimer Asset Management Inc. now owns 58,449 shares of the real estate investment trust’s stock valued at $4,871,000 after acquiring an additional 38,071 shares in the last quarter. Hedge funds and other institutional investors own 96.54% of the company’s stock.

Wall Street Analyst Weigh In

ARE has been the subject of several research reports. BMO Capital Markets reaffirmed a “market perform” rating and set a $52.00 price objective (down from $65.00) on shares of Alexandria Real Estate Equities in a research note on Wednesday, March 25th. Evercore set a $55.00 price objective on shares of Alexandria Real Estate Equities in a research note on Monday, May 4th. Royal Bank Of Canada dropped their price objective on shares of Alexandria Real Estate Equities from $60.00 to $50.00 and set a “sector perform” rating for the company in a research note on Tuesday, May 5th. Cantor Fitzgerald dropped their price objective on shares of Alexandria Real Estate Equities from $60.00 to $43.00 and set a “neutral” rating for the company in a research note on Wednesday, April 29th. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on shares of Alexandria Real Estate Equities from $53.00 to $55.00 and gave the company a “hold” rating in a research note on Monday, February 2nd. Three equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $51.23.

Insiders Place Their Bets

In other Alexandria Real Estate Equities news, Chairman Joel S. Marcus bought 7,500 shares of Alexandria Real Estate Equities stock in a transaction on Tuesday, May 5th. The shares were bought at an average cost of $42.72 per share, for a total transaction of $320,400.00. Following the acquisition, the chairman directly owned 587,724 shares in the company, valued at $25,107,569.28. This represents a 1.29% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Gregory Calvin Thomas bought 3,500 shares of Alexandria Real Estate Equities stock in a transaction on Thursday, April 30th. The shares were acquired at an average price of $41.00 per share, for a total transaction of $143,500.00. Following the completion of the acquisition, the executive vice president owned 33,024 shares in the company, valued at $1,353,984. This represents a 11.85% 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 owned by company insiders.

Alexandria Real Estate Equities Stock Performance

Shares of ARE stock opened at $48.72 on Tuesday. The firm’s 50 day moving average price is $46.14 and its 200-day moving average price is $49.91. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.20 and a current ratio of 0.20. Alexandria Real Estate Equities, Inc. has a one year low of $39.41 and a one year high of $88.24. The firm has a market cap of $8.49 billion, a P/E ratio of -7.77, a P/E/G ratio of 6.02 and a beta of 1.12.

Alexandria Real Estate Equities (NYSE:ARE) last issued its quarterly earnings data on Monday, April 27th. The real estate investment trust reported $1.73 EPS for the quarter, hitting the consensus estimate 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 firm 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 business posted $2.30 EPS. The business’s revenue for the quarter 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 predict that Alexandria Real Estate Equities, Inc. will post 6.4 EPS for the current year.

Alexandria Real Estate Equities Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be issued a dividend of $0.72 per share. The ex-dividend date is Tuesday, June 30th. This represents a $2.88 dividend on an annualized basis and a yield of 5.9%. Alexandria Real Estate Equities’s dividend payout ratio is -45.93%.

About Alexandria Real Estate Equities

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.