Alexandria Real Estate Equities, Inc. $ARE Shares Sold by Strs Ohio

Strs Ohio lowered its holdings in Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 5.5% in the first quarter, Holdings Channel.com reports. The firm owned 804,837 shares of the real estate investment trust’s stock after selling 46,707 shares during the period. Strs Ohio’s holdings in Alexandria Real Estate Equities were worth $37,361,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in ARE. Farther Finance Advisors LLC boosted its stake in Alexandria Real Estate Equities by 18.1% in the 4th quarter. Farther Finance Advisors LLC now owns 1,228 shares of the real estate investment trust’s stock worth $60,000 after buying an additional 188 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Alexandria Real Estate Equities by 0.9% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,443 shares of the real estate investment trust’s stock valued at $1,711,000 after acquiring an additional 198 shares during the last quarter. New Mexico Educational Retirement Board increased its stake in shares of Alexandria Real Estate Equities by 2.9% during the 4th quarter. New Mexico Educational Retirement Board now owns 7,200 shares of the real estate investment trust’s stock valued at $352,000 after acquiring an additional 200 shares during the last quarter. CIBC Private Wealth Group LLC increased its stake in shares of Alexandria Real Estate Equities by 109.6% during the 3rd 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. Finally, Quarry LP lifted its holdings in shares of Alexandria Real Estate Equities by 33.9% during the 4th quarter. Quarry LP now owns 991 shares of the real estate investment trust’s stock worth $48,000 after acquiring an additional 251 shares during the period. 96.54% of the stock is currently owned by institutional investors and hedge funds.

Alexandria Real Estate Equities Price Performance

Alexandria Real Estate Equities stock opened at $52.54 on Friday. The firm has a fifty day moving average of $49.20 and a 200-day moving average of $50.29. 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 quick ratio of 0.20, a current ratio of 0.20 and a debt-to-equity ratio of 0.65. The firm has a market capitalization of $9.16 billion, a P/E ratio of -8.38, a PEG ratio of 6.37 and a beta of 1.17.

Alexandria Real Estate Equities (NYSE:ARE) last posted its earnings results on Monday, April 27th. The real estate investment trust reported $1.73 earnings per share for the quarter, meeting 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 business had revenue of $671.02 million for the quarter, compared to analyst estimates of $684.78 million. During the same quarter in the previous year, the business posted $2.30 EPS. The business’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. As a group, analysts predict that Alexandria Real Estate Equities, Inc. will post 6.4 EPS for the current year.

Alexandria Real Estate Equities Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be given a $0.72 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $2.88 annualized dividend and a yield of 5.5%. Alexandria Real Estate Equities’s dividend payout ratio (DPR) is -45.93%.

Insider Buying and Selling

In other news, 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 completion of the sale, the chief financial officer 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Chairman Joel S. Marcus bought 7,500 shares of the stock in a transaction dated Tuesday, May 5th. The stock was bought at an average price of $42.72 per share, with a total value of $320,400.00. Following the purchase, the chairman owned 587,724 shares of the company’s stock, valued at approximately $25,107,569.28. This represents a 1.29% increase in their position. The disclosure for this purchase is available in the SEC filing. 1.35% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. Weiss Ratings reissued a “sell (d)” rating on shares of Alexandria Real Estate Equities in a research report on Monday, April 20th. Evercore increased their price target on shares of Alexandria Real Estate Equities from $58.00 to $60.00 and gave the stock an “outperform” rating in a research note on Wednesday. JPMorgan Chase & Co. decreased 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. Royal Bank Of Canada lowered 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. Finally, Citigroup reaffirmed an “outperform” rating on shares of Alexandria Real Estate Equities in a research report on Monday, May 4th. Three research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, Alexandria Real Estate Equities currently has an average rating of “Hold” and a consensus price target of $51.85.

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.