IFP Advisors Inc Grows Stock Holdings in Alexandria Real Estate Equities, Inc. $ARE

IFP Advisors Inc grew its holdings in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 745.8% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 1,624 shares of the real estate investment trust’s stock after purchasing an additional 1,432 shares during the period. IFP Advisors Inc’s holdings in Alexandria Real Estate Equities were worth $118,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. Private Trust Co. NA boosted its stake in shares of Alexandria Real Estate Equities by 19.2% in the first quarter. Private Trust Co. NA now owns 925 shares of the real estate investment trust’s stock valued at $86,000 after purchasing an additional 149 shares during the period. American Assets Investment Management LLC purchased a new position in shares of Alexandria Real Estate Equities in the first quarter valued at $569,000. Cambridge Investment Research Advisors Inc. boosted its stake in shares of Alexandria Real Estate Equities by 4.1% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 11,795 shares of the real estate investment trust’s stock valued at $1,091,000 after purchasing an additional 463 shares during the period. Cetera Investment Advisers boosted its stake in shares of Alexandria Real Estate Equities by 15.4% in the first quarter. Cetera Investment Advisers now owns 29,977 shares of the real estate investment trust’s stock valued at $2,773,000 after purchasing an additional 3,997 shares during the period. Finally, Sequoia Financial Advisors LLC boosted its stake in shares of Alexandria Real Estate Equities by 22.3% in the first quarter. Sequoia Financial Advisors LLC now owns 2,620 shares of the real estate investment trust’s stock valued at $242,000 after purchasing an additional 477 shares during the period. 96.54% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on ARE shares. BNP Paribas Exane restated an “underperform” rating on shares of Alexandria Real Estate Equities in a research note on Wednesday, October 1st. BNP Paribas downgraded shares of Alexandria Real Estate Equities from a “hold” rating to a “strong sell” rating and set a $82.00 target price for the company. in a research note on Wednesday, October 1st. Cantor Fitzgerald decreased their target price on shares of Alexandria Real Estate Equities from $88.00 to $79.00 and set a “neutral” rating for the company in a research note on Monday, October 13th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Alexandria Real Estate Equities in a report on Wednesday, October 8th. Finally, Evercore ISI raised shares of Alexandria Real Estate Equities from an “in-line” rating to an “outperform” rating and upped their price target for the company from $91.00 to $104.00 in a report on Monday, September 15th. Four analysts have rated the stock with a Buy rating, six have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, Alexandria Real Estate Equities currently has an average rating of “Hold” and an average target price of $95.87.

Alexandria Real Estate Equities Trading Down 0.2%

ARE opened at $75.07 on Friday. The stock has a market capitalization of $12.98 billion, a PE ratio of -577.45, a P/E/G ratio of 6.30 and a beta of 1.31. The firm’s fifty day moving average price is $80.79 and its 200 day moving average price is $77.04. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.23 and a quick ratio of 0.23. Alexandria Real Estate Equities, Inc. has a 12-month low of $67.37 and a 12-month high of $122.25.

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

Alexandria Real Estate Equities Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th were issued a dividend of $1.32 per share. This represents a $5.28 dividend on an annualized basis and a dividend yield of 7.0%. The ex-dividend date of this dividend was Tuesday, September 30th. Alexandria Real Estate Equities’s dividend 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.