Ellsworth Advisors LLC Purchases New Stake in Alexandria Real Estate Equities, Inc. $ARE

Ellsworth Advisors LLC acquired a new stake in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) in the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 40,364 shares of the real estate investment trust’s stock, valued at approximately $1,916,000.

A number of other large investors have also added to or reduced their stakes in the stock. Assenagon Asset Management S.A. bought a new position in shares of Alexandria Real Estate Equities during the third quarter valued at $5,309,000. Brindle & Bay Financial Advisors LLC purchased a new stake in Alexandria Real Estate Equities during the 3rd quarter valued at about $61,000. State of Alaska Department of Revenue grew its position in Alexandria Real Estate Equities by 26.7% during the 3rd quarter. State of Alaska Department of Revenue now owns 128,247 shares of the real estate investment trust’s stock valued at $6,087,000 after purchasing an additional 27,031 shares during the last quarter. TT Capital Management LLC grew its position in Alexandria Real Estate Equities by 3.2% during the 3rd quarter. TT Capital Management LLC now owns 96,809 shares of the real estate investment trust’s stock valued at $4,595,000 after purchasing an additional 3,016 shares during the last quarter. Finally, Curated Wealth Partners LLC purchased a new position in Alexandria Real Estate Equities in the third quarter worth about $453,000. Hedge funds and other institutional investors own 96.54% of the company’s stock.

Alexandria Real Estate Equities Price Performance

NYSE ARE opened at $42.32 on Friday. Alexandria Real Estate Equities, Inc. has a one year low of $39.41 and a one year high of $78.51. The stock has a 50-day moving average of $49.73 and a 200 day moving average of $49.07. The company has a market capitalization of $7.37 billion, a price-to-earnings ratio of -6.98 and a beta of 1.16. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.19 and a current ratio of 0.19.

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

Alexandria Real Estate Equities Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th were paid 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 6.8%. Alexandria Real Estate Equities’s payout ratio is currently -47.52%.

Insider Transactions at Alexandria Real Estate Equities

In related news, EVP Kristina Fukuzaki-Carlson sold 16,810 shares of the stock in a transaction that occurred on Friday, September 11th. The shares were sold at an average price of $50.51, for a total transaction of $849,073.10. Following the transaction, the executive vice president owned 39,152 shares in the company, valued at $1,977,567.52. This represents a 30.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Andres Gavinet sold 10,000 shares of the stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $50.93, for a total transaction of $509,300.00. Following the transaction, the chief accounting officer owned 102,516 shares in the company, valued at approximately $5,221,139.88. This trade represents a 8.89% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 1.35% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on ARE shares. Citizens Jmp reiterated a “market perform” rating on shares of Alexandria Real Estate Equities in a research note on Monday, August 17th. Raymond James Financial set a $41.00 price objective on shares of Alexandria Real Estate Equities in a report on Monday. Robert W. Baird upped their price objective on Alexandria Real Estate Equities from $46.00 to $52.00 and gave the company a “neutral” rating in a research report on Monday, August 24th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Alexandria Real Estate Equities in a research report on Friday, July 17th. Finally, The Goldman Sachs Group increased their target price on Alexandria Real Estate Equities from $54.00 to $59.00 and gave the company a “neutral” rating in a research note on Friday, September 18th. Two research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and four have issued a Sell rating to the company. According to MarketBeat, Alexandria Real Estate Equities currently has a consensus rating of “Reduce” and a consensus target price of $50.86.

About Alexandria Real Estate Equities

Alexandria Real Estate Equities, Inc (NYSE:ARE) is a real estate investment trust focused on owning, operating and developing collaborative life science, agtech and advanced technology campuses. The company provides specialized laboratory, research and office space for organizations involved in biotechnology, pharmaceuticals, medical devices, diagnostics, healthcare and related fields.

Alexandria’s properties are designed to support innovation through purpose-built facilities, shared amenities and environments that encourage collaboration among companies, academic institutions, medical centers and research organizations.