Nuance Investments LLC Invests $6.69 Million in Alexandria Real Estate Equities, Inc. $ARE

Nuance Investments LLC acquired a new position in Alexandria Real Estate Equities, Inc. (NYSE:ARE) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 126,634 shares of the real estate investment trust’s stock, valued at approximately $6,693,000. Alexandria Real Estate Equities comprises about 1.1% of Nuance Investments LLC’s portfolio, making the stock its 24th biggest position. Nuance Investments LLC owned about 0.07% of Alexandria Real Estate Equities as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in ARE. FNY Investment Advisers LLC purchased a new position in Alexandria Real Estate Equities in the 2nd quarter valued at approximately $26,000. Basecamp Wealth Advisors LLC increased its stake in 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 worth $30,000 after acquiring an additional 633 shares during the last quarter. CYBER HORNET ETFs LLC purchased a new stake in Alexandria Real Estate Equities in the second quarter valued at approximately $30,000. BOKF NA lifted 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 acquiring an additional 362 shares during the last quarter. Finally, MUFG Securities EMEA plc bought a new stake in Alexandria Real Estate Equities during the second quarter worth about $33,000. 96.54% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on ARE shares. Cantor Fitzgerald boosted their price objective on shares of Alexandria Real Estate Equities from $43.00 to $52.00 and gave the stock a “neutral” rating in a report on Wednesday, August 5th. Robert W. Baird reiterated 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. Evercore reaffirmed an “outperform” rating and issued a $57.00 target price on shares of Alexandria Real Estate Equities in a research report on Monday. BNP Paribas Exane lifted their price target on Alexandria Real Estate Equities from $45.00 to $48.00 and gave the company an “underperform” rating in a research report on Wednesday, August 5th. Finally, Zacks Research lowered shares of Alexandria Real Estate Equities from a “hold” rating to a “strong sell” rating in a research note on Friday, July 17th. Two equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat.com, Alexandria Real Estate Equities currently has an average rating of “Reduce” and an average target price of $52.38.

Alexandria Real Estate Equities Trading Down 2.6%

Shares of NYSE:ARE opened at $46.89 on Tuesday. The stock’s 50-day simple moving average is $50.75 and its two-hundred day simple moving average is $49.70. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.19 and a current ratio of 0.19. The stock has a market capitalization of $8.17 billion, a price-to-earnings ratio of -7.74 and a beta of 1.15. Alexandria Real Estate Equities, Inc. has a 52-week low of $39.41 and a 52-week high of $88.24.

Alexandria Real Estate Equities (NYSE:ARE) last announced its earnings results on Monday, August 3rd. The real estate investment trust reported ($0.43) EPS for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.52). The business had revenue of $662.78 million for the quarter, compared to analysts’ expectations of $464.86 million. Alexandria Real Estate Equities had a negative net margin of 36.08% and a negative return on equity of 5.21%. The firm’s quarterly revenue was down 13.0% on a year-over-year basis. During the same period in the prior year, the company posted $2.33 earnings per share. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.350-6.450 EPS. Analysts expect that Alexandria Real Estate Equities, Inc. will post 6.37 EPS for the current year.

Alexandria Real Estate Equities Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were 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 was Tuesday, June 30th. Alexandria Real Estate Equities’s dividend payout ratio is currently -47.52%.

Insider Activity

In other news, CFO Marc E. Binda sold 2,000 shares of the firm’s stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $54.00, for a total transaction of $108,000.00. Following the sale, the chief financial officer directly owned 188,264 shares in the company, valued at $10,166,256. This trade represents a 1.05% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.35% of the stock is currently owned by company insiders.

About Alexandria Real Estate Equities

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.