Paralel Advisors LLC Acquires Shares of 35,000 Alexandria Real Estate Equities, Inc. $ARE

Paralel Advisors LLC acquired a new stake in Alexandria Real Estate Equities, Inc. (NYSE:ARE) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 35,000 shares of the real estate investment trust’s stock, valued at approximately $1,850,000.

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

Insider Buying and Selling at Alexandria Real Estate Equities

In related news, CFO Marc E. Binda sold 2,000 shares of the business’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 transaction, the chief financial officer owned 188,264 shares of the company’s stock, valued at $10,166,256. The trade was a 1.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Chairman Joel S. Marcus acquired 5,000 shares of the business’s stock in a transaction that occurred 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 directly owned 592,724 shares of the company’s stock, valued at $27,431,266.72. This trade represents a 0.85% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Corporate insiders own 1.35% of the company’s stock.

Alexandria Real Estate Equities Stock Up 4.9%

Shares of ARE opened at $53.03 on Friday. Alexandria Real Estate Equities, Inc. has a 12 month low of $39.41 and a 12 month high of $88.24. The firm’s 50 day moving average is $50.57 and its 200-day moving average is $49.60. The stock has a market capitalization of $9.24 billion, a PE ratio of -8.75 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 (NYSE:ARE) last issued 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). Alexandria Real Estate Equities had a negative net margin of 36.08% and a negative return on equity of 5.21%. The company had revenue of $662.78 million during the quarter, compared to the consensus estimate of $464.86 million. During the same quarter last year, the firm posted $2.33 earnings per share. The company’s quarterly 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. Equities research analysts forecast that Alexandria Real Estate Equities, Inc. will post 6.38 EPS for the current year.

Alexandria Real Estate Equities Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were given a dividend of $0.72 per share. This represents a $2.88 dividend on an annualized basis and a dividend yield of 5.4%. The ex-dividend date was Tuesday, June 30th. Alexandria Real Estate Equities’s dividend payout ratio is presently -47.52%.

Analysts Set New Price Targets

ARE has been the topic of a number of recent research reports. Morgan Stanley reiterated an “underweight” rating and set a $53.00 target price on shares of Alexandria Real Estate Equities in a research note on Thursday, June 11th. BNP Paribas Exane boosted their price target on Alexandria Real Estate Equities from $45.00 to $48.00 and gave the company an “underperform” rating in a research note on Wednesday, August 5th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Alexandria Real Estate Equities in a report on Friday, July 17th. The Goldman Sachs Group reaffirmed 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, Wall Street Zen cut Alexandria Real Estate Equities from a “hold” rating to a “sell” rating in a research report on Saturday, August 8th. Two investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat.com, Alexandria Real Estate Equities has an average rating of “Reduce” and an average price target of $52.38.

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.