Motley Fool Wealth Management LLC Trims Stock Position in Alexandria Real Estate Equities, Inc. $ARE

Motley Fool Wealth Management LLC cut its position in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 24.7% during the fourth quarter, Holdings Channel.com reports. The firm owned 34,276 shares of the real estate investment trust’s stock after selling 11,237 shares during the quarter. Motley Fool Wealth Management LLC’s holdings in Alexandria Real Estate Equities were worth $1,677,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in ARE. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Alexandria Real Estate Equities by 102.4% during the first 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 acquiring an additional 11,762 shares during the last quarter. NewEdge Advisors LLC grew its holdings in shares of Alexandria Real Estate Equities by 4,261.1% in the first quarter. NewEdge Advisors LLC now owns 3,140 shares of the real estate investment trust’s stock valued at $290,000 after purchasing an additional 3,068 shares in the last quarter. Empowered Funds LLC grew its holdings in shares of Alexandria Real Estate Equities by 4.8% in the first quarter. Empowered Funds LLC now owns 6,455 shares of the real estate investment trust’s stock valued at $597,000 after purchasing an additional 296 shares in the last quarter. Woodline Partners LP grew its holdings in shares of Alexandria Real Estate Equities by 39.9% in the first quarter. Woodline Partners LP now owns 13,015 shares of the real estate investment trust’s stock valued at $1,204,000 after purchasing an additional 3,714 shares in the last quarter. Finally, Focus Partners Wealth grew its holdings in shares of Alexandria Real Estate Equities by 171.5% in the first quarter. Focus Partners Wealth now owns 6,591 shares of the real estate investment trust’s stock valued at $610,000 after purchasing an additional 4,163 shares in the last quarter. 96.54% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on ARE. BNP Paribas Exane dropped their price objective on shares of Alexandria Real Estate Equities from $50.00 to $44.00 and set an “underperform” rating for the company in a report on Tuesday, April 28th. Morgan Stanley dropped their price objective on shares of Alexandria Real Estate Equities from $54.00 to $53.00 and set an “equal weight” rating for the company in a report on Tuesday, May 26th. Evercore lifted their price objective on shares of Alexandria Real Estate Equities from $55.00 to $58.00 and gave the company an “outperform” rating in a report on Monday. Citigroup restated an “outperform” rating on shares of Alexandria Real Estate Equities in a report on Monday, May 4th. Finally, Robert W. Baird reiterated a “neutral” rating and set a $46.00 price target (down from $67.00) on shares of Alexandria Real Estate Equities in a report on Monday, May 4th. Three analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $51.46.

Alexandria Real Estate Equities Trading Up 5.3%

NYSE ARE opened at $52.93 on Wednesday. The company has a quick ratio of 0.20, a current ratio of 0.20 and a debt-to-equity ratio of 0.65. Alexandria Real Estate Equities, Inc. has a 52 week low of $39.41 and a 52 week high of $88.24. The stock has a market capitalization of $9.22 billion, a PE ratio of -8.44, a price-to-earnings-growth ratio of 6.09 and a beta of 1.19. The firm has a 50 day moving average of $46.69 and a two-hundred day moving average of $49.93.

Alexandria Real Estate Equities (NYSE:ARE) last posted its quarterly earnings results 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 company had revenue of $671.02 million during the quarter, compared to analysts’ expectations of $684.78 million. During the same quarter in the previous year, the business posted $2.30 EPS. The firm’s 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, research analysts expect that Alexandria Real Estate Equities, Inc. will post 6.4 EPS for the current fiscal year.

Alexandria Real Estate Equities Dividend Announcement

The company also recently declared 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. This represents a $2.88 annualized dividend and a yield of 5.4%. The ex-dividend date is Tuesday, June 30th. Alexandria Real Estate Equities’s payout ratio is -45.93%.

Insiders Place Their Bets

In related news, EVP Gregory Calvin Thomas acquired 3,500 shares of Alexandria Real Estate Equities stock in a transaction dated Thursday, April 30th. The stock was acquired at an average price of $41.00 per share, for a total transaction of $143,500.00. Following the transaction, the executive vice president owned 33,024 shares of the company’s stock, valued at $1,353,984. This represents a 11.85% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Chairman Joel S. Marcus acquired 7,500 shares of Alexandria Real Estate Equities stock in a transaction dated Tuesday, May 5th. The shares were bought at an average price of $42.72 per share, with a total value of $320,400.00. Following the transaction, the chairman directly owned 587,724 shares in the company, valued at approximately $25,107,569.28. The trade was a 1.29% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 1.35% of the stock is currently owned by company insiders.

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.