Alexandria Real Estate Equities (NYSE:ARE) Chairman Joel Marcus Acquires 5,000 Shares

Alexandria Real Estate Equities, Inc. (NYSE:ARE) Chairman Joel Marcus bought 5,000 shares of the firm’s stock in a transaction that occurred on Monday, August 17th. The shares were purchased at an average cost of $46.28 per share, for a total transaction of $231,400.00. Following the completion of the transaction, the chairman owned 592,724 shares of the company’s stock, valued at $27,431,266.72. This represents a 0.85% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Alexandria Real Estate Equities Price Performance

Shares of ARE stock opened at $50.46 on Thursday. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.19 and a current ratio of 0.19. The stock has a market capitalization of $8.79 billion, a PE ratio of -8.33 and a beta of 1.15. The stock’s fifty day moving average is $50.57 and its 200-day moving average is $49.61. Alexandria Real Estate Equities, Inc. has a 52 week low of $39.41 and a 52 week high of $88.24.

Alexandria Real Estate Equities (NYSE:ARE) last announced its quarterly earnings data on Monday, August 3rd. The real estate investment trust reported ($0.43) EPS for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.52). Alexandria Real Estate Equities had a negative return on equity of 5.21% and a negative net margin of 36.08%.The firm had revenue of $662.78 million during the quarter, compared to analyst estimates of $464.86 million. During the same quarter in the previous year, the business earned $2.33 earnings per share. Alexandria Real Estate Equities’s revenue for the quarter was down 13.0% compared to the same quarter last year. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.350-6.450 EPS. Equities research analysts expect that Alexandria Real Estate Equities, Inc. will post 6.38 EPS for the current fiscal year.

Alexandria Real Estate Equities Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were issued a $0.72 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $2.88 dividend on an annualized basis and a dividend yield of 5.7%. Alexandria Real Estate Equities’s dividend payout ratio (DPR) is -47.52%.

Hedge Funds Weigh In On Alexandria Real Estate Equities

Several hedge funds have recently made changes to their positions in ARE. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in 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 buying an additional 11,762 shares during the last quarter. NewEdge Advisors LLC increased its stake 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 worth $290,000 after purchasing an additional 3,068 shares in the last quarter. Empowered Funds LLC lifted 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 worth $597,000 after buying an additional 296 shares in the last quarter. Woodline Partners LP increased its holdings in shares of Alexandria Real Estate Equities by 39.9% in the 1st quarter. Woodline Partners LP now owns 13,015 shares of the real estate investment trust’s stock worth $1,204,000 after buying an additional 3,714 shares during the last quarter. Finally, Focus Partners Wealth raised 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 worth $610,000 after buying an additional 4,163 shares during the period. 96.54% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on ARE. Evercore reaffirmed an “outperform” rating and issued a $57.00 price objective on shares of Alexandria Real Estate Equities in a report on Monday. BNP Paribas Exane increased their price objective on shares of Alexandria Real Estate Equities from $45.00 to $48.00 and gave the stock an “underperform” rating in a research report on Wednesday, August 5th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $52.00 target price on shares of Alexandria Real Estate Equities in a report on Tuesday, May 19th. Royal Bank Of Canada reduced their target price on Alexandria Real Estate Equities from $60.00 to $50.00 and set a “sector perform” rating for the company in a research note on Tuesday, May 5th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Alexandria Real Estate Equities in a report on Friday, July 17th. Two analysts have rated the stock with a Buy rating, ten have issued a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat, Alexandria Real Estate Equities presently has a consensus rating of “Reduce” and an average price target of $52.38.

Alexandria Real Estate Equities Company 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.