Alexandria Real Estate Equities, Inc. $ARE Shares Bought by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 34.4% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 146,411 shares of the real estate investment trust’s stock after acquiring an additional 37,462 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Alexandria Real Estate Equities were worth $6,796,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of ARE. Farther Finance Advisors LLC grew its holdings in Alexandria Real Estate Equities by 18.1% during the fourth quarter. Farther Finance Advisors LLC now owns 1,228 shares of the real estate investment trust’s stock worth $60,000 after acquiring an additional 188 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Alexandria Real Estate Equities by 0.9% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,443 shares of the real estate investment trust’s stock valued at $1,711,000 after acquiring an additional 198 shares during the period. New Mexico Educational Retirement Board lifted its holdings in Alexandria Real Estate Equities by 2.9% in the fourth quarter. New Mexico Educational Retirement Board now owns 7,200 shares of the real estate investment trust’s stock valued at $352,000 after acquiring an additional 200 shares during the period. CIBC Private Wealth Group LLC boosted its position in Alexandria Real Estate Equities by 109.6% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 436 shares of the real estate investment trust’s stock worth $36,000 after purchasing an additional 228 shares in the last quarter. Finally, Quarry LP boosted its position in Alexandria Real Estate Equities by 33.9% in the 4th quarter. Quarry LP now owns 991 shares of the real estate investment trust’s stock worth $48,000 after purchasing an additional 251 shares in the last quarter. Institutional investors and hedge funds own 96.54% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on ARE. Royal Bank Of Canada dropped their price objective on shares of Alexandria Real Estate Equities from $60.00 to $50.00 and set a “sector perform” rating on the stock in a research note on Tuesday, May 5th. Evercore boosted their target price on shares of Alexandria Real Estate Equities from $58.00 to $60.00 and gave the company an “outperform” rating in a research note on Wednesday, July 1st. Cantor Fitzgerald lowered their price target on shares of Alexandria Real Estate Equities from $60.00 to $43.00 and set a “neutral” rating on the stock in a report on Wednesday, April 29th. Citigroup restated an “outperform” rating on shares of Alexandria Real Estate Equities in a research report on Monday, May 4th. Finally, Robert W. Baird reaffirmed a “neutral” rating and issued a $46.00 price objective (down from $67.00) on shares of Alexandria Real Estate Equities in a report on Monday, May 4th. Three analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $51.08.

Insider Activity at Alexandria Real Estate Equities

In related news, EVP Gregory Calvin Thomas acquired 3,500 shares of Alexandria Real Estate Equities stock in a transaction on Thursday, April 30th. The stock was bought at an average cost of $41.00 per share, for a total transaction of $143,500.00. Following the completion of the transaction, the executive vice president owned 33,024 shares of the company’s stock, valued at approximately $1,353,984. The trade was a 11.85% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Also, Chairman Joel S. Marcus acquired 7,500 shares of the firm’s stock in a transaction on Tuesday, May 5th. The shares were bought at an average cost of $42.72 per share, for a total transaction of $320,400.00. Following the completion of the acquisition, the chairman owned 587,724 shares of the company’s stock, valued at approximately $25,107,569.28. This represents a 1.29% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 1.35% of the stock is owned by corporate insiders.

Alexandria Real Estate Equities Stock Down 1.0%

Shares of ARE opened at $47.59 on Wednesday. The company has a current ratio of 0.20, a quick ratio of 0.20 and a debt-to-equity ratio of 0.65. Alexandria Real Estate Equities, Inc. has a 12 month low of $39.41 and a 12 month high of $88.24. The stock’s 50 day moving average is $49.88 and its two-hundred day moving average is $50.33. The firm has a market cap of $8.29 billion, a P/E ratio of -7.59, a PEG ratio of 5.85 and a beta of 1.17.

Alexandria Real Estate Equities (NYSE:ARE) last posted its quarterly earnings data on Monday, April 27th. The real estate investment trust reported $1.73 EPS for the quarter, meeting analysts’ consensus estimates of $1.73. The business had revenue of $671.02 million during the quarter, compared to analysts’ expectations 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 business’s revenue was down 11.5% compared to the same quarter last year. During the same period in the previous year, the business earned $2.30 earnings per share. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.300-6.500 EPS. Analysts predict that Alexandria Real Estate Equities, Inc. will post 6.37 earnings per share for the current fiscal year.

Alexandria Real Estate Equities Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be issued a $0.72 dividend. This represents a $2.88 annualized dividend and a yield of 6.1%. The ex-dividend date of this dividend is Tuesday, June 30th. Alexandria Real Estate Equities’s payout ratio is presently -45.93%.

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.