CM Management LLC Purchases New Stake in Alexandria Real Estate Equities, Inc. $ARE

CM Management LLC bought a new position in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) in the 4th quarter, HoldingsChannel.com reports. The fund bought 30,000 shares of the real estate investment trust’s stock, valued at approximately $1,468,000. Alexandria Real Estate Equities comprises about 1.2% of CM Management LLC’s holdings, making the stock its 27th biggest position.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. DNB Asset Management AS grew its position in Alexandria Real Estate Equities by 121.4% during the 3rd quarter. DNB Asset Management AS now owns 92,657 shares of the real estate investment trust’s stock worth $7,722,000 after acquiring an additional 50,810 shares during the last quarter. Nan Fung Trinity HK Ltd. bought a new stake in Alexandria Real Estate Equities during the 3rd quarter worth approximately $14,664,000. Harvey Capital Management Inc. grew its position in Alexandria Real Estate Equities by 91.8% during the 3rd quarter. Harvey Capital Management Inc. now owns 45,600 shares of the real estate investment trust’s stock worth $3,800,000 after acquiring an additional 21,825 shares during the last quarter. Phoenix Financial Ltd. bought a new stake in Alexandria Real Estate Equities during the 3rd quarter worth approximately $1,957,000. Finally, Cbre Investment Management Listed Real Assets LLC grew its position 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 worth $40,955,000 after acquiring an additional 301,906 shares during the last quarter. Institutional investors and hedge funds own 96.54% of the company’s stock.

Alexandria Real Estate Equities Stock Performance

ARE stock opened at $41.44 on Friday. The business’s fifty day moving average is $47.90 and its 200-day moving average is $52.64. The company has a quick ratio of 0.23, a current ratio of 0.20 and a debt-to-equity ratio of 0.65. The company has a market cap of $7.22 billion, a P/E ratio of -6.61, a price-to-earnings-growth ratio of 5.01 and a beta of 1.12. Alexandria Real Estate Equities, Inc. has a twelve month low of $39.41 and a twelve month high of $88.24.

Alexandria Real Estate Equities (NYSE:ARE) last posted its quarterly earnings results on Monday, April 27th. The real estate investment trust reported $1.73 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.73. The company had revenue of $671.02 million for the quarter, compared to the consensus estimate of $684.78 million. Alexandria Real Estate Equities had a negative return on equity of 5.21% and a negative net margin of 36.03%.The firm’s quarterly revenue was down 11.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $2.30 EPS. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.300-6.500 EPS. Equities research analysts forecast that Alexandria Real Estate Equities, Inc. will post 6.4 EPS for the current year.

Alexandria Real Estate Equities Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were given a $0.72 dividend. The ex-dividend date was Tuesday, March 31st. This represents a $2.88 dividend on an annualized basis and a dividend yield of 7.0%. Alexandria Real Estate Equities’s dividend payout ratio is currently -45.93%.

Insiders Place Their Bets

In related news, EVP Hallie E. Kuhn sold 536 shares of the company’s stock in a transaction on Friday, April 17th. The shares were sold at an average price of $48.20, for a total value of $25,835.20. Following the completion of the sale, the executive vice president owned 48,301 shares in the company, valued at $2,328,108.20. This represents a 1.10% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Chairman Joel S. Marcus acquired 25,000 shares of the stock in a transaction that occurred on Thursday, February 12th. The stock was purchased at an average price of $53.92 per share, with a total value of $1,348,000.00. Following the transaction, the chairman owned 562,724 shares in the company, valued at $30,342,078.08. This represents a 4.65% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 1.35% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on ARE. Evercore decreased their price target on Alexandria Real Estate Equities from $67.00 to $65.00 and set an “outperform” rating on the stock in a research report on Monday, April 6th. Morgan Stanley decreased their price target on Alexandria Real Estate Equities from $55.00 to $54.00 and set an “equal weight” rating on the stock in a research report on Monday, February 9th. Citigroup decreased their price target on Alexandria Real Estate Equities from $52.00 to $42.00 and set a “neutral” rating on the stock in a research report on Friday. Deutsche Bank Aktiengesellschaft increased their price target on Alexandria Real Estate Equities from $53.00 to $55.00 and gave the stock a “hold” rating in a research report on Monday, February 2nd. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Alexandria Real Estate Equities in a research report on Monday, April 20th. Three investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $55.08.

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.