RWC Asset Management LLP Purchases 121,492 Shares of Alexandria Real Estate Equities, Inc. $ARE

RWC Asset Management LLP bought a new position in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) in the third quarter, HoldingsChannel reports. The institutional investor bought 121,492 shares of the real estate investment trust’s stock, valued at approximately $5,766,000.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Handelsbanken Fonder AB lifted its position in Alexandria Real Estate Equities by 58.6% during the second quarter. Handelsbanken Fonder AB now owns 68,500 shares of the real estate investment trust’s stock worth $3,620,000 after acquiring an additional 25,300 shares during the last quarter. Perigon Wealth Management LLC acquired a new position in shares of Alexandria Real Estate Equities in the second quarter valued at approximately $1,155,000. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of Alexandria Real Estate Equities in the second quarter valued at approximately $2,047,000. Hsbc Holdings PLC increased its stake in shares of Alexandria Real Estate Equities by 15.2% during the second quarter. Hsbc Holdings PLC now owns 1,208,572 shares of the real estate investment trust’s stock worth $64,485,000 after purchasing an additional 159,552 shares during the period. Finally, Dimensional Fund Advisors LP increased its stake in shares of Alexandria Real Estate Equities by 2.3% during the first quarter. Dimensional Fund Advisors LP now owns 2,297,222 shares of the real estate investment trust’s stock worth $106,638,000 after purchasing an additional 52,733 shares during the period. Institutional investors own 96.54% of the company’s stock.

Insider Buying and Selling

In related news, CAO Andres Gavinet sold 10,000 shares of the business’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 transaction, the chief accounting officer owned 102,516 shares of the company’s stock, valued at $5,221,139.88. The trade was a 8.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Kristina Fukuzaki-Carlson sold 16,810 shares of the company’s stock in a transaction dated Friday, September 11th. The stock was sold at an average price of $50.51, for a total transaction of $849,073.10. Following the sale, the executive vice president directly owned 39,152 shares of the company’s stock, valued at $1,977,567.52. This represents a 30.04% decrease in their position. The SEC filing for this sale provides additional information. 1.35% of the stock is owned by company insiders.

Alexandria Real Estate Equities Price Performance

NYSE:ARE traded down $0.41 during trading hours on Friday, reaching $42.92. 2,512,398 shares of the company were exchanged, compared to its average volume of 2,241,710. The business has a 50 day moving average of $48.99 and a 200 day moving average of $48.95. Alexandria Real Estate Equities, Inc. has a 1-year low of $39.41 and a 1-year high of $78.51. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.19 and a quick ratio of 0.19. The company has a market capitalization of $7.48 billion, a P/E ratio of -7.08 and a beta of 1.16.

Alexandria Real Estate Equities (NYSE:ARE) last announced its quarterly earnings data on Monday, August 3rd. The real estate investment trust reported ($0.43) earnings per share for the quarter, missing the consensus estimate of $0.09 by ($0.52). The company had revenue of $662.78 million during the quarter, compared to analyst estimates of $464.86 million. Alexandria Real Estate Equities had a negative net margin of 36.08% and a negative return on equity of 5.21%. Alexandria Real Estate Equities’s revenue was down 13.0% on a year-over-year basis. During the same period in the prior year, the firm earned $2.33 earnings per share. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.350-6.450 EPS. Research analysts forecast that Alexandria Real Estate Equities, Inc. will post 6.39 EPS for the current year.

Alexandria Real Estate Equities Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Wednesday, September 30th were given a $0.72 dividend. The ex-dividend date was Wednesday, September 30th. This represents a $2.88 dividend on an annualized basis and a dividend yield of 6.7%. Alexandria Real Estate Equities’s dividend payout ratio (DPR) is presently -47.52%.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on ARE shares. Cantor Fitzgerald lifted their price target on Alexandria Real Estate Equities from $43.00 to $52.00 and gave the stock a “neutral” rating in a report on Wednesday, August 5th. Mizuho dropped their target price on Alexandria Real Estate Equities from $70.00 to $60.00 and set an “outperform” rating for the company in a report on Monday, July 6th. JPMorgan Chase & Co. cut shares of Alexandria Real Estate Equities from a “neutral” rating to an “underweight” rating and set a $56.00 target price for the company. in a research report on Thursday, September 24th. BNP Paribas Exane decreased their price target on shares of Alexandria Real Estate Equities from $48.00 to $40.00 and set an “underperform” rating on the stock in a research note on Tuesday, September 29th. Finally, Robert W. Baird raised their price target on shares of Alexandria Real Estate Equities from $46.00 to $52.00 and gave the stock a “neutral” rating in a research report on Monday, August 24th. Two research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Alexandria Real Estate Equities presently has a consensus rating of “Reduce” and a consensus target price of $50.86.

Alexandria Real Estate Equities Company Profile

Alexandria Real Estate Equities, Inc (NYSE:ARE) is a real estate investment trust that owns, operates and develops collaborative life science, agtech and advanced technology campuses. Its properties are designed for companies, research institutions and government agencies engaged in biotechnology, pharmaceuticals, medical devices, agriculture technology and related fields.

The company provides laboratory, office and research space, along with supporting amenities and infrastructure intended to foster collaboration among its tenants.