30,000 Shares in Alexandria Real Estate Equities, Inc. $ARE Purchased by CM Management LLC

Key Points

• CM Management LLC bought 30,000 shares of Alexandria Real Estate Equities (NYSE:ARE) in the fourth quarter — about $1.47 million, representing roughly 1.2% of its portfolio and its 27th-largest holding.
• Chairman Joel S. Marcus purchased 25,000 shares at $53.92 (~$1.35 million), boosting his stake to 562,724 shares (a 4.65% increase).
• ARE reported Q1 EPS of $1.73 (meeting estimates) but revenue fell 11.5% year-over-year with a -36.03% net margin; the REIT pays a $0.72 quarterly dividend (annualized $2.88, 7.0% yield), and analysts have trimmed targets with a consensus "Hold" and average price target of $55.08.

CM Management LLC bought a new position in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 30,000 shares of the real estate investment trust's stock, valued at approximately $1,468,000. Alexandria Real Estate Equities accounts for approximately 1.2% of CM Management LLC's portfolio, making the stock its 27th largest holding.

Several other hedge funds and other institutional investors have also recently bought and sold shares of ARE. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Alexandria Real Estate Equities by 102.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,245 shares of the real estate investment trust's stock worth $2,184,000 after acquiring an additional 11,762 shares during the period. NewEdge Advisors LLC raised its holdings in Alexandria Real Estate Equities by 4,261.1% in the 1st quarter. NewEdge Advisors LLC now owns 3,140 shares of the real estate investment trust's stock worth $290,000 after purchasing an additional 3,068 shares during the period. Empowered Funds LLC raised its holdings in Alexandria Real Estate Equities by 4.8% in the 1st quarter. Empowered Funds LLC now owns 6,455 shares of the real estate investment trust's stock worth $597,000 after purchasing an additional 296 shares during the period. Woodline Partners LP raised its holdings in Alexandria Real Estate Equities by 39.9% in the 1st quarter. Woodline Partners LP now owns 13,015 shares of the real estate investment trust's stock worth $1,204,000 after purchasing an additional 3,714 shares during the period. Finally, Focus Partners Wealth raised its holdings in Alexandria Real Estate Equities by 171.5% in the 1st quarter. Focus Partners Wealth now owns 6,591 shares of the real estate investment trust's stock worth $610,000 after purchasing an additional 4,163 shares during the period. 96.54% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Alexandria Real Estate Equities

In related news, Chairman Joel S. Marcus purchased 25,000 shares of the business's stock in a transaction that occurred on Thursday, February 12th. The stock was purchased at an average price of $53.92 per share, with a total value of $1,348,000.00. Following the completion of the acquisition, the chairman owned 562,724 shares in the company, valued at $30,342,078.08. This trade represents a 4.65% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Hallie E. Kuhn sold 536 shares of the stock in a transaction that occurred on Friday, April 17th. The shares were sold at an average price of $48.20, for a total value of $25,835.20. Following the completion of the sale, the executive vice president directly owned 48,301 shares of the company's stock, valued at approximately $2,328,108.20. This represents a 1.10% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 1.35% of the company's stock.

Alexandria Real Estate Equities Stock Performance

NYSE ARE opened at $41.44 on Friday. The company has a market cap of $7.22 billion, a PE ratio of -6.61, a price-to-earnings-growth ratio of 5.01 and a beta of 1.12. The stock's 50 day simple moving average is $47.90 and its 200-day simple moving average is $52.64. Alexandria Real Estate Equities, Inc. has a 1-year low of $39.41 and a 1-year high of $88.24. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.20 and a quick ratio of 0.23.

Alexandria Real Estate Equities (NYSE:ARE - Get Free Report) last released its earnings results on Monday, April 27th. The real estate investment trust reported $1.73 earnings per share for the quarter, meeting the consensus estimate of $1.73. The business had revenue of $671.02 million for the quarter, compared to the consensus estimate of $684.78 million. Alexandria Real Estate Equities had a negative return on equity of 5.21% and a negative net margin of 36.03%.The business's quarterly revenue was down 11.5% compared to the same quarter last year. During the same quarter last year, the business posted $2.30 earnings per share. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.300-6.500 EPS. As a group, equities research analysts anticipate that Alexandria Real Estate Equities, Inc. will post 6.4 EPS for the current fiscal year.

Alexandria Real Estate Equities Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were given a $0.72 dividend. This represents a $2.88 annualized dividend and a dividend yield of 7.0%. The ex-dividend date was Tuesday, March 31st. Alexandria Real Estate Equities's dividend payout ratio (DPR) is -45.93%.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the company. JPMorgan Chase & Co. reduced their price target on Alexandria Real Estate Equities from $63.00 to $57.00 and set a "neutral" rating for the company in a report on Tuesday, March 10th. Cantor Fitzgerald reduced their price target on Alexandria Real Estate Equities from $60.00 to $43.00 and set a "neutral" rating for the company in a report on Wednesday. Morgan Stanley reduced their price target on Alexandria Real Estate Equities from $55.00 to $54.00 and set an "equal weight" rating for the company in a report on Monday, February 9th. Citigroup reduced their price target on Alexandria Real Estate Equities from $52.00 to $42.00 and set a "neutral" rating for the company in a report on Friday. Finally, Jefferies Financial Group reduced their price target on Alexandria Real Estate Equities from $57.00 to $47.00 and set a "hold" rating for the company in a report on Tuesday, April 14th. Three investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Alexandria Real Estate Equities has an average rating of "Hold" and an average target price of $55.08.

Alexandria Real Estate Equities 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.

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