Alexandria Real Estate Equities, Inc. $ARE Shares Acquired by Cbre Investment Management Listed Real Assets LLC

Cbre Investment Management Listed Real Assets LLC lifted its stake in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 159.3% in the 3rd quarter, Holdings Channel.com reports. The firm owned 491,416 shares of the real estate investment trust’s stock after buying an additional 301,906 shares during the quarter. Cbre Investment Management Listed Real Assets LLC’s holdings in Alexandria Real Estate Equities were worth $40,955,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Alexandria Real Estate Equities by 102.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,245 shares of the real estate investment trust’s stock worth $2,184,000 after acquiring an additional 11,762 shares during the period. NewEdge Advisors LLC increased its stake in shares of Alexandria Real Estate Equities by 4,261.1% during the first quarter. NewEdge Advisors LLC now owns 3,140 shares of the real estate investment trust’s stock worth $290,000 after acquiring an additional 3,068 shares during the period. Empowered Funds LLC increased its stake in shares of Alexandria Real Estate Equities by 4.8% during the first quarter. Empowered Funds LLC now owns 6,455 shares of the real estate investment trust’s stock worth $597,000 after acquiring an additional 296 shares during the period. Woodline Partners LP raised its holdings in Alexandria Real Estate Equities by 39.9% during the first quarter. Woodline Partners LP now owns 13,015 shares of the real estate investment trust’s stock worth $1,204,000 after purchasing an additional 3,714 shares in the last quarter. Finally, Focus Partners Wealth raised its holdings in Alexandria Real Estate Equities by 171.5% during the first quarter. Focus Partners Wealth now owns 6,591 shares of the real estate investment trust’s stock worth $610,000 after purchasing an additional 4,163 shares in the last quarter. 96.54% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, Chairman Joel S. Marcus bought 25,000 shares of the stock in a transaction on Thursday, February 12th. The shares were bought at an average price of $53.92 per share, with a total value of $1,348,000.00. Following the completion of the acquisition, the chairman owned 562,724 shares of the company’s stock, valued at approximately $30,342,078.08. This trade represents a 4.65% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 1.08% of the company’s stock.

Alexandria Real Estate Equities Trading Down 1.6%

Shares of ARE opened at $50.25 on Thursday. Alexandria Real Estate Equities, Inc. has a twelve month low of $44.10 and a twelve month high of $101.21. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.65. The firm has a market capitalization of $8.71 billion, a P/E ratio of -5.95, a PEG ratio of 6.18 and a beta of 1.31. The firm’s 50-day moving average is $54.14 and its two-hundred day moving average is $61.86.

Alexandria Real Estate Equities (NYSE:ARE) last posted its quarterly earnings results on Monday, January 26th. The real estate investment trust reported $2.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.15 by $0.01. The company had revenue of $754.41 million during the quarter, compared to the consensus estimate of $742.64 million. Alexandria Real Estate Equities had a negative net margin of 47.23% and a negative return on equity of 6.82%. The company’s revenue for the quarter was down 4.4% on a year-over-year basis. During the same period last year, the firm earned $2.39 EPS. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.250-6.550 EPS. On average, research analysts predict that Alexandria Real Estate Equities, Inc. will post 9.32 earnings per share for the current fiscal year.

Alexandria Real Estate Equities announced that its board has approved a stock repurchase program on Monday, December 8th that allows the company to repurchase $500.00 million in outstanding shares. This repurchase authorization allows the real estate investment trust to repurchase up to 6.4% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s leadership believes its shares are undervalued.

Alexandria Real Estate Equities Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be given a dividend of $0.72 per share. This represents a $2.88 dividend on an annualized basis and a yield of 5.7%. The ex-dividend date is Tuesday, March 31st. Alexandria Real Estate Equities’s payout ratio is presently -34.12%.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. Morgan Stanley lowered their price objective on Alexandria Real Estate Equities from $55.00 to $54.00 and set an “equal weight” rating on the stock in a report on Monday, February 9th. Robert W. Baird cut their target price on Alexandria Real Estate Equities from $73.00 to $67.00 and set an “outperform” rating for the company in a research note on Thursday, December 4th. Deutsche Bank Aktiengesellschaft raised their price target on Alexandria Real Estate Equities from $53.00 to $55.00 and gave the company a “hold” rating in a report on Monday, February 2nd. The Goldman Sachs Group initiated coverage on Alexandria Real Estate Equities in a report on Tuesday, February 3rd. They set a “neutral” rating and a $60.00 price objective on the stock. Finally, BNP Paribas Exane cut their price objective on Alexandria Real Estate Equities from $72.00 to $50.00 and set an “underperform” rating for the company in a research report on Thursday, December 4th. Four research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Alexandria Real Estate Equities has an average rating of “Hold” and a consensus price target of $65.33.

About Alexandria Real Estate Equities

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.