Caxton Associates LLP Invests $817,000 in Alexandria Real Estate Equities, Inc. $ARE

Caxton Associates LLP purchased a new position in Alexandria Real Estate Equities, Inc. (NYSE:ARE) in the 1st quarter, HoldingsChannel reports. The fund purchased 8,833 shares of the real estate investment trust’s stock, valued at approximately $817,000.

A number of other hedge funds have also bought and sold shares of the business. Goldman Sachs Group Inc. raised its position in Alexandria Real Estate Equities by 21.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,849,582 shares of the real estate investment trust’s stock worth $171,105,000 after buying an additional 330,673 shares during the last quarter. Presima Securities ULC raised its position in Alexandria Real Estate Equities by 1.4% in the 1st quarter. Presima Securities ULC now owns 11,895 shares of the real estate investment trust’s stock worth $1,100,000 after buying an additional 170 shares during the last quarter. Nissay Asset Management Corp Japan ADV raised its position in Alexandria Real Estate Equities by 1.2% in the 1st quarter. Nissay Asset Management Corp Japan ADV now owns 41,831 shares of the real estate investment trust’s stock worth $3,870,000 after buying an additional 511 shares during the last quarter. NewEdge Advisors LLC raised its position in Alexandria Real Estate Equities by 4,261.1% in the 1st quarter. NewEdge Advisors LLC now owns 3,140 shares of the real estate investment trust’s stock worth $290,000 after buying an additional 3,068 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in 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 buying an additional 11,762 shares during the last quarter. Hedge funds and other institutional investors own 96.54% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on ARE. Mizuho decreased their target price on Alexandria Real Estate Equities from $121.00 to $91.00 in a research report on Thursday, June 12th. JPMorgan Chase & Co. decreased their target price on Alexandria Real Estate Equities from $117.00 to $95.00 and set a “neutral” rating for the company in a research report on Tuesday, May 20th. Baird R W cut their price target on Alexandria Real Estate Equities from $129.00 to $102.00 in a research note on Thursday, June 12th. Citigroup cut their price target on Alexandria Real Estate Equities from $110.00 to $74.00 in a research note on Monday, June 2nd. Finally, Royal Bank Of Canada cut their price target on Alexandria Real Estate Equities from $100.00 to $98.00 and set a “sector perform” rating for the company in a research note on Tuesday, July 29th. Two equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat.com, Alexandria Real Estate Equities currently has an average rating of “Hold” and a consensus target price of $97.17.

Alexandria Real Estate Equities Trading Up 0.5%

Shares of NYSE:ARE opened at $84.17 on Thursday. The stock has a 50 day moving average of $78.86 and a 200 day moving average of $80.27. The company has a market cap of $14.56 billion, a PE ratio of -647.48, a price-to-earnings-growth ratio of 7.03 and a beta of 1.30. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.61. Alexandria Real Estate Equities, Inc. has a 12-month low of $67.37 and a 12-month high of $125.63.

Alexandria Real Estate Equities (NYSE:ARE) last announced its quarterly earnings data on Monday, July 21st. The real estate investment trust reported $2.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.29 by $0.04. The company had revenue of $737.28 million during the quarter, compared to the consensus estimate of $748.02 million. Alexandria Real Estate Equities had a negative return on equity of 0.05% and a negative net margin of 0.33%.The firm’s revenue was down .6% on a year-over-year basis. During the same period in the previous year, the company posted $2.36 EPS. Alexandria Real Estate Equities has set its FY 2025 guidance at 9.160-9.360 EPS. As a group, equities research analysts expect that Alexandria Real Estate Equities, Inc. will post 9.32 EPS for the current year.

Alexandria Real Estate Equities Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th will be paid a dividend of $1.32 per share. The ex-dividend date is Tuesday, September 30th. This represents a $5.28 dividend on an annualized basis and a dividend yield of 6.3%. Alexandria Real Estate Equities’s payout ratio is -4,061.54%.

Alexandria Real Estate Equities Company Profile

Alexandria Real Estate Equities, Inc (NYSE: ARE), an S&P 500 company, is a best-in-class, mission-driven life science REIT making a positive and lasting impact on the world. As the pioneer of the life science real estate niche since our founding in 1994, Alexandria is the preeminent and longest-tenured owner, operator, and developer of collaborative life science, agtech, and advanced technology mega campuses in AAA innovation cluster locations, including Greater Boston, the San Francisco Bay Area, New York City, San Diego, Seattle, Maryland, and Research Triangle.