Alexandria Real Estate Equities, Inc. $ARE Stock Position Cut by First Financial Bankshares Inc

First Financial Bankshares Inc lessened its stake in Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 85.6% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 99,661 shares of the real estate investment trust’s stock after selling 593,942 shares during the period. First Financial Bankshares Inc’s holdings in Alexandria Real Estate Equities were worth $4,877,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Avalon Trust Co bought a new position in Alexandria Real Estate Equities in the 3rd quarter valued at about $29,000. BOKF NA grew its position in Alexandria Real Estate Equities by 6,033.3% in the 3rd quarter. BOKF NA now owns 368 shares of the real estate investment trust’s stock valued at $31,000 after buying an additional 362 shares in the last quarter. CYBER HORNET ETFs LLC bought a new position in Alexandria Real Estate Equities in the 2nd quarter valued at about $30,000. CIBC Private Wealth Group LLC grew its position in Alexandria Real Estate Equities by 109.6% in 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 buying an additional 228 shares in the last quarter. Finally, MUFG Securities EMEA plc bought a new position in Alexandria Real Estate Equities in the 2nd quarter valued at about $33,000. Institutional investors own 96.54% of the company’s stock.

Alexandria Real Estate Equities Stock Performance

NYSE:ARE opened at $52.91 on Friday. Alexandria Real Estate Equities, Inc. has a twelve month low of $39.41 and a twelve month high of $88.24. The company has a current ratio of 0.20, a quick ratio of 0.20 and a debt-to-equity ratio of 0.65. The company has a 50-day moving average of $46.95 and a 200-day moving average of $49.97. The firm has a market cap of $9.22 billion, a price-to-earnings ratio of -8.44, a price-to-earnings-growth ratio of 6.34 and a beta of 1.19.

Alexandria Real Estate Equities (NYSE:ARE) last posted its quarterly earnings data 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 company had revenue of $671.02 million during the quarter, compared to analyst estimates of $684.78 million. During the same quarter last year, the firm posted $2.30 EPS. The business’s revenue for the quarter 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. Analysts forecast that Alexandria Real Estate Equities, Inc. will post 6.4 earnings per share for the current fiscal year.

Alexandria Real Estate Equities Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be given a dividend of $0.72 per share. The ex-dividend date is Tuesday, June 30th. This represents a $2.88 annualized dividend and a dividend yield of 5.4%. Alexandria Real Estate Equities’s dividend payout ratio (DPR) is -45.93%.

Insider Buying and Selling at Alexandria Real Estate Equities

In other news, Chairman Joel S. Marcus acquired 7,500 shares of Alexandria Real Estate Equities stock in a transaction on Tuesday, May 5th. The stock was bought at an average cost of $42.72 per share, with a total value of $320,400.00. Following the completion of the purchase, the chairman owned 587,724 shares of the company’s stock, valued at $25,107,569.28. This represents a 1.29% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Hallie E. Kuhn sold 536 shares of the company’s stock in a transaction dated Friday, April 17th. The shares were sold at an average price of $48.20, for a total transaction of $25,835.20. Following the sale, the executive vice president directly owned 48,301 shares of the company’s stock, valued at $2,328,108.20. This represents a 1.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 1.35% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on ARE. Wall Street Zen upgraded shares of Alexandria Real Estate Equities from a “sell” rating to a “hold” rating in a research report on Saturday, May 2nd. Weiss Ratings reiterated a “sell (d)” rating on shares of Alexandria Real Estate Equities in a research report on Monday, April 20th. Morgan Stanley reiterated an “underweight” rating and issued a $53.00 target price on shares of Alexandria Real Estate Equities in a research report on Thursday. Citigroup restated an “outperform” rating on shares of Alexandria Real Estate Equities in a research report on Monday, May 4th. Finally, Royal Bank Of Canada reduced 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 report on Tuesday, May 5th. Three equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $51.46.

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.