Transcend Capital Advisors LLC Acquires Shares of 3,055 Alexandria Real Estate Equities, Inc. $ARE

Transcend Capital Advisors LLC acquired a new stake in Alexandria Real Estate Equities, Inc. (NYSE:ARE) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 3,055 shares of the real estate investment trust’s stock, valued at approximately $222,000.

Several other large investors also recently bought and sold shares of the company. Brookwood Investment Group LLC grew its position in Alexandria Real Estate Equities by 75.9% in the second quarter. Brookwood Investment Group LLC now owns 7,130 shares of the real estate investment trust’s stock valued at $518,000 after acquiring an additional 3,076 shares in the last quarter. CCLA Investment Management grew its position in Alexandria Real Estate Equities by 4.7% in the second quarter. CCLA Investment Management now owns 833,308 shares of the real estate investment trust’s stock valued at $60,506,000 after acquiring an additional 37,182 shares in the last quarter. Pasadena Private Wealth LLC grew its position in Alexandria Real Estate Equities by 46.3% in the second quarter. Pasadena Private Wealth LLC now owns 8,554 shares of the real estate investment trust’s stock valued at $621,000 after acquiring an additional 2,709 shares in the last quarter. Chilton Capital Management LLC grew its position in Alexandria Real Estate Equities by 8.7% in the second quarter. Chilton Capital Management LLC now owns 80,307 shares of the real estate investment trust’s stock valued at $5,924,000 after acquiring an additional 6,398 shares in the last quarter. Finally, Wealthfront Advisers LLC grew its position in Alexandria Real Estate Equities by 25.1% in the second quarter. Wealthfront Advisers LLC now owns 52,079 shares of the real estate investment trust’s stock valued at $3,782,000 after acquiring an additional 10,442 shares in the last quarter. Institutional investors and hedge funds own 96.54% of the company’s stock.

Alexandria Real Estate Equities Stock Performance

Shares of ARE opened at $56.37 on Friday. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.24 and a quick ratio of 0.23. The stock has a market capitalization of $9.74 billion, a PE ratio of -22.82, a price-to-earnings-growth ratio of 5.06 and a beta of 1.31. Alexandria Real Estate Equities, Inc. has a 12-month low of $55.02 and a 12-month high of $116.52. The business’s fifty day moving average price is $79.99 and its 200 day moving average price is $76.55.

Alexandria Real Estate Equities (NYSE:ARE) last posted its earnings results on Monday, October 27th. The real estate investment trust reported $2.22 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.31 by ($0.09). The company had revenue of $751.94 million during the quarter, compared to the consensus estimate of $752.90 million. Alexandria Real Estate Equities had a negative net margin of 13.43% and a negative return on equity of 1.89%. The business’s quarterly revenue was down 5.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.37 earnings per share. Alexandria Real Estate Equities has set its FY 2025 guidance at 8.980-9.040 EPS. Equities research analysts forecast that Alexandria Real Estate Equities, Inc. will post 9.32 EPS for the current year.

Alexandria Real Estate Equities Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th were paid a $1.32 dividend. This represents a $5.28 dividend on an annualized basis and a yield of 9.4%. The ex-dividend date was Tuesday, September 30th. Alexandria Real Estate Equities’s dividend payout ratio (DPR) is presently -213.77%.

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. Cantor Fitzgerald lowered their price objective on shares of Alexandria Real Estate Equities from $79.00 to $52.00 and set a “neutral” rating for the company in a research report on Tuesday. BNP Paribas Exane decreased their price target on shares of Alexandria Real Estate Equities from $82.00 to $72.00 and set an “underperform” rating for the company in a research report on Tuesday. Royal Bank Of Canada decreased their price target on shares of Alexandria Real Estate Equities from $100.00 to $98.00 and set a “sector perform” rating for the company in a research report on Tuesday, July 29th. Evercore ISI raised shares of Alexandria Real Estate Equities from an “in-line” rating to an “outperform” rating and raised their price target for the stock from $91.00 to $104.00 in a research report on Monday, September 15th. Finally, BNP Paribas downgraded shares of Alexandria Real Estate Equities from a “hold” rating to a “strong sell” rating and set a $82.00 price target for the company. in a research report on Wednesday, October 1st. Four analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $93.20.

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.