Inceptionr LLC Acquires New Position in Alexandria Real Estate Equities, Inc. $ARE

Inceptionr LLC purchased a new stake in shares of Alexandria Real Estate Equities, Inc. (NYSE:AREFree Report) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 10,683 shares of the real estate investment trust’s stock, valued at approximately $496,000.

Other large investors have also recently made changes to their positions in the company. CYBER HORNET ETFs LLC purchased a new position in shares of Alexandria Real Estate Equities in the second quarter worth $30,000. BOKF NA grew its holdings 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 worth $31,000 after acquiring an additional 362 shares during the last quarter. MUFG Securities EMEA plc bought a new stake in shares of Alexandria Real Estate Equities in the second quarter worth about $33,000. CIBC Private Wealth Group LLC increased its holdings in 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 purchasing an additional 228 shares during the period. Finally, Harbor Capital Advisors Inc. bought a new position in Alexandria Real Estate Equities during the 4th quarter valued at approximately $38,000. 96.54% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently commented on ARE shares. BMO Capital Markets upped their target price on Alexandria Real Estate Equities from $52.00 to $54.00 and gave the company a “market perform” rating in a report on Friday, June 12th. Evercore lifted their price target on shares of Alexandria Real Estate Equities from $58.00 to $60.00 and gave the company an “outperform” rating in a report on Wednesday, July 1st. Robert W. Baird reissued a “neutral” rating and set a $46.00 price objective (down from $67.00) on shares of Alexandria Real Estate Equities in a research report on Monday, May 4th. Zacks Research lowered shares of Alexandria Real Estate Equities from a “hold” rating to a “strong sell” rating in a research note on Friday, July 17th. Finally, Mizuho reduced their price target on shares of Alexandria Real Estate Equities from $70.00 to $60.00 and set an “outperform” rating on the stock in a research report on Monday, July 6th. Three investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Reduce” and a consensus price target of $51.08.

Get Our Latest Analysis on Alexandria Real Estate Equities

Insider Transactions at Alexandria Real Estate Equities

In other Alexandria Real Estate Equities news, EVP Gregory Calvin Thomas purchased 3,500 shares of the firm’s stock in a transaction on Thursday, April 30th. The shares were acquired at an average cost of $41.00 per share, with a total value of $143,500.00. Following the completion of the acquisition, the executive vice president directly owned 33,024 shares in the company, valued at $1,353,984. The trade was a 11.85% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CFO Marc E. Binda sold 2,000 shares of the business’s stock in a transaction on Tuesday, June 9th. The stock was sold at an average price of $54.00, for a total transaction of $108,000.00. Following the completion of the transaction, the chief financial officer directly owned 188,264 shares in the company, valued at $10,166,256. This trade represents a 1.05% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 1.35% of the company’s stock.

Alexandria Real Estate Equities Stock Up 1.7%

Shares of Alexandria Real Estate Equities stock opened at $50.98 on Friday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.20 and a current ratio of 0.20. The stock has a market capitalization of $8.88 billion, a PE ratio of -8.13, a price-to-earnings-growth ratio of 6.21 and a beta of 1.17. 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 50-day simple moving average of $50.51 and a two-hundred day simple moving average of $50.38.

Alexandria Real Estate Equities (NYSE:AREGet Free Report) last announced its quarterly earnings results on Monday, April 27th. The real estate investment trust reported $1.73 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.73. The firm 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 company’s quarterly revenue was down 11.5% on a year-over-year basis. During the same period in the prior year, the company posted $2.30 earnings per share. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.300-6.500 EPS. On average, analysts anticipate that Alexandria Real Estate Equities, Inc. will post 6.36 EPS for the current fiscal year.

Alexandria Real Estate Equities Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were given a $0.72 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $2.88 dividend on an annualized basis and a yield of 5.6%. Alexandria Real Estate Equities’s dividend payout ratio is presently -45.93%.

Alexandria Real Estate Equities Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Alexandria Real Estate Equities (NYSE:ARE)

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