Fairtree Asset Management Pty Ltd Buys Shares of 15,147 Alexandria Real Estate Equities, Inc. $ARE

Fairtree Asset Management Pty Ltd bought a new stake in Alexandria Real Estate Equities, Inc. (NYSE:ARE) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 15,147 shares of the real estate investment trust’s stock, valued at approximately $801,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. FNY Investment Advisers LLC bought a new position in Alexandria Real Estate Equities in the second quarter valued at approximately $26,000. Basecamp Wealth Advisors LLC boosted its holdings in shares of Alexandria Real Estate Equities by 3,723.5% in the 1st quarter. Basecamp Wealth Advisors LLC now owns 650 shares of the real estate investment trust’s stock valued at $30,000 after purchasing an additional 633 shares in the last quarter. CYBER HORNET ETFs LLC bought a new position in shares of Alexandria Real Estate Equities in the 2nd quarter valued at $30,000. BOKF NA raised its holdings in shares of Alexandria Real Estate Equities by 6,033.3% during the 3rd quarter. BOKF NA now owns 368 shares of the real estate investment trust’s stock worth $31,000 after buying an additional 362 shares in the last quarter. Finally, MUFG Securities EMEA plc bought a new stake in shares of Alexandria Real Estate Equities during the 2nd quarter worth $33,000. Institutional investors own 96.54% of the company’s stock.

Analyst Upgrades and Downgrades

ARE has been the topic of a number of recent analyst reports. Zacks Research cut Alexandria Real Estate Equities from a “hold” rating to a “strong sell” rating in a research report on Friday, July 17th. Robert W. Baird restated a “neutral” rating and issued a $46.00 price target (down from $67.00) on shares of Alexandria Real Estate Equities in a research note on Monday, May 4th. BMO Capital Markets lifted their price target on shares of Alexandria Real Estate Equities from $52.00 to $54.00 and gave the company a “market perform” rating in a report on Friday, June 12th. Weiss Ratings reiterated a “sell (d)” rating on shares of Alexandria Real Estate Equities in a research report on Friday, July 17th. Finally, Morgan Stanley restated an “underweight” rating and issued a $53.00 target price on shares of Alexandria Real Estate Equities in a research report on Thursday, June 11th. Two equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average price target of $52.38.

Alexandria Real Estate Equities Stock Performance

Shares of Alexandria Real Estate Equities stock opened at $53.03 on Friday. The company has a quick ratio of 0.19, a current ratio of 0.19 and a debt-to-equity ratio of 0.67. Alexandria Real Estate Equities, Inc. has a twelve month low of $39.41 and a twelve month high of $88.24. The stock has a market cap of $9.24 billion, a price-to-earnings ratio of -8.75 and a beta of 1.15. The company’s fifty day moving average is $50.57 and its 200 day moving average is $49.60.

Alexandria Real Estate Equities (NYSE:ARE) last announced its earnings results on Monday, August 3rd. The real estate investment trust reported ($0.43) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.09 by ($0.52). The company had revenue of $662.78 million for the quarter, compared to the consensus estimate 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%.The firm’s revenue for the quarter was down 13.0% on a year-over-year basis. During the same period in the prior year, the business earned $2.33 earnings per share. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.350-6.450 EPS. Sell-side analysts forecast that Alexandria Real Estate Equities, Inc. will post 6.38 EPS for the current year.

Alexandria Real Estate Equities Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were given a dividend of $0.72 per share. This represents a $2.88 dividend on an annualized basis and a dividend yield of 5.4%. The ex-dividend date was Tuesday, June 30th. Alexandria Real Estate Equities’s dividend payout ratio (DPR) is -47.52%.

Insider Transactions at Alexandria Real Estate Equities

In related news, Chairman Joel S. Marcus acquired 5,000 shares of the business’s stock in a transaction that occurred on Monday, August 17th. The shares were bought at an average cost of $46.28 per share, with a total value of $231,400.00. Following the completion of the purchase, the chairman directly owned 592,724 shares in the company, valued at $27,431,266.72. The trade was a 0.85% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link. Also, CFO Marc E. Binda sold 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of $54.00, for a total value of $108,000.00. Following the completion of the sale, the chief financial officer owned 188,264 shares in the company, valued at $10,166,256. The trade was a 1.05% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.35% of the stock is owned by company insiders.

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.