Alexandria Real Estate Equities, Inc. $ARE Shares Sold by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed its stake in shares of Alexandria Real Estate Equities, Inc. (NYSE:AREFree Report) by 8.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,219,759 shares of the real estate investment trust’s stock after selling 117,111 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Alexandria Real Estate Equities were worth $64,464,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. BlackRock Inc. acquired a new stake in Alexandria Real Estate Equities in the 2nd quarter valued at about $1,146,423,000. Norges Bank purchased a new position in shares of Alexandria Real Estate Equities in the 4th quarter valued at about $805,429,000. Invesco Ltd. grew its position in shares of Alexandria Real Estate Equities by 57.9% during the fourth quarter. Invesco Ltd. now owns 6,033,304 shares of the real estate investment trust’s stock worth $295,270,000 after buying an additional 2,211,424 shares in the last quarter. Bank of New York Mellon Corp acquired a new position in shares of Alexandria Real Estate Equities during the second quarter worth about $79,253,000. Finally, Freestone Grove Partners LP purchased a new stake in shares of Alexandria Real Estate Equities during the fourth quarter worth approximately $72,144,000. Hedge funds and other institutional investors own 96.54% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. Weiss Ratings reiterated a “sell (d)” rating on shares of Alexandria Real Estate Equities in a research note on Friday, July 17th. Morgan Stanley reissued an “underweight” rating and issued a $53.00 price objective on shares of Alexandria Real Estate Equities in a research report on Thursday, June 11th. Wall Street Zen lowered shares of Alexandria Real Estate Equities from a “hold” rating to a “sell” rating in a report on Saturday, August 8th. Evercore reaffirmed an “outperform” rating and set a $57.00 price objective on shares of Alexandria Real Estate Equities in a research report on Monday, August 17th. Finally, Citigroup boosted their target price on shares of Alexandria Real Estate Equities from $42.00 to $50.00 and gave the stock a “neutral” rating in a research note on Monday, August 10th. Two investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus target price of $52.85.

Get Our Latest Analysis on ARE

Alexandria Real Estate Equities Trading Up 2.1%

Shares of Alexandria Real Estate Equities stock opened at $52.72 on Thursday. The company has a fifty day simple moving average of $50.78 and a 200-day simple moving average of $49.47. Alexandria Real Estate Equities, Inc. has a 12-month low of $39.41 and a 12-month high of $88.24. The company has a current ratio of 0.19, a quick ratio of 0.19 and a debt-to-equity ratio of 0.67. The stock has a market cap of $9.19 billion, a price-to-earnings ratio of -8.70 and a beta of 1.15.

Alexandria Real Estate Equities (NYSE:AREGet Free Report) last announced its quarterly earnings results on Monday, August 3rd. The real estate investment trust reported ($0.43) EPS for the quarter, missing the consensus estimate 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 company had revenue of $662.78 million for the quarter, compared to analyst estimates of $464.86 million. During the same quarter in the prior year, the business earned $2.33 earnings per share. Alexandria Real Estate Equities’s revenue 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. On average, equities analysts forecast that Alexandria Real Estate Equities, Inc. will post 6.39 EPS for the current fiscal year.

Alexandria Real Estate Equities Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be issued a $0.72 dividend. This represents a $2.88 annualized dividend and a dividend yield of 5.5%. The ex-dividend date of this dividend is Wednesday, September 30th. Alexandria Real Estate Equities’s payout ratio is presently -47.52%.

Insider Activity

In related news, CAO Andres Gavinet sold 10,000 shares of the company’s stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $50.93, for a total value of $509,300.00. Following the completion of the sale, the chief accounting officer directly owned 102,516 shares of the company’s stock, valued at $5,221,139.88. This represents a 8.89% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Chairman Joel S. Marcus purchased 5,000 shares of the business’s stock in a transaction 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 transaction, the chairman owned 592,724 shares of the company’s stock, valued at $27,431,266.72. This trade represents a 0.85% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 1.35% of the company’s stock.

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.

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

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