Alexandria Real Estate Equities, Inc. $ARE Position Lifted by Bank of America Corp DE

Key Points

• Bank of America increased its Alexandria Real Estate Equities stake by 55% in the first quarter, adding 300,201 shares to own 846,385 shares valued at approximately $39.3 million. Institutional investors collectively hold 96.54% of ARE’s stock.
• Alexandria reported quarterly revenue of $662.78 million, but its adjusted EPS of negative $0.43 missed the $0.09 consensus estimate; revenue declined 13% year over year. The company reaffirmed fiscal 2026 EPS guidance of $6.35–$6.45.
• The REIT pays a quarterly dividend of $0.72 per share, equivalent to an annualized $2.88 and a 5.9% yield. Analysts maintain a generally cautious outlook, with a consensus “Reduce” rating and a $52.62 price target versus the reported share price of $48.47.

Bank of America Corp DE grew its stake in Alexandria Real Estate Equities, Inc. (NYSE:ARE - Free Report) by 55.0% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 846,385 shares of the real estate investment trust's stock after purchasing an additional 300,201 shares during the quarter. Bank of America Corp DE owned approximately 0.49% of Alexandria Real Estate Equities worth $39,289,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. BOKF NA raised its stake in Alexandria Real Estate Equities by 6,033.3% during the third quarter. BOKF NA now owns 368 shares of the real estate investment trust's stock valued at $31,000 after buying an additional 362 shares in the last quarter. CYBER HORNET ETFs LLC bought a new stake in shares of Alexandria Real Estate Equities in the 2nd quarter valued at approximately $30,000. CIBC Private Wealth Group LLC raised its position in shares of Alexandria Real Estate Equities by 109.6% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 436 shares of the real estate investment trust's stock valued at $36,000 after acquiring an additional 228 shares in the last quarter. MUFG Securities EMEA plc acquired a new stake in shares of Alexandria Real Estate Equities during the 2nd quarter valued at approximately $33,000. Finally, Quarry LP bought a new position in Alexandria Real Estate Equities during the third quarter worth $62,000. Institutional investors own 96.54% of the company's stock.

Alexandria Real Estate Equities Stock Performance

ARE stock opened at $48.47 on Friday. 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 $8.45 billion, a price-to-earnings ratio of -8.00, a PEG ratio of 5.85 and a beta of 1.15. Alexandria Real Estate Equities, Inc. has a 1 year low of $39.41 and a 1 year high of $88.24. The stock's fifty day moving average is $50.88 and its two-hundred day moving average is $49.84.

Alexandria Real Estate Equities (NYSE:ARE - Get Free Report) last released its quarterly earnings results on Monday, August 3rd. The real estate investment trust reported ($0.43) EPS for the quarter, missing the consensus estimate of $0.09 by ($0.52). The firm 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 was down 13.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.33 EPS. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.350-6.450 EPS. On average, research analysts predict that Alexandria Real Estate Equities, Inc. will post 6.37 EPS for the current year.

Alexandria Real Estate Equities Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were issued a dividend of $0.72 per share. This represents a $2.88 dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date of this dividend was Tuesday, June 30th. Alexandria Real Estate Equities's payout ratio is -47.52%.

Insider Buying and Selling at Alexandria Real Estate Equities

In related news, CFO Marc E. Binda sold 2,000 shares of the stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of $54.00, for a total value of $108,000.00. Following the completion of the transaction, the chief financial officer directly owned 188,264 shares of the company's stock, valued at $10,166,256. This represents a 1.05% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 1.35% of the company's stock.

Analysts Set New Price Targets

A number of analysts have weighed in on ARE shares. Robert W. Baird reissued a "neutral" rating and set a $46.00 target price (down from $67.00) on shares of Alexandria Real Estate Equities in a report on Monday, May 4th. Cantor Fitzgerald lifted their price target on shares of Alexandria Real Estate Equities from $43.00 to $52.00 and gave the company a "neutral" rating in a report on Wednesday, August 5th. Wall Street Zen downgraded shares of Alexandria Real Estate Equities from a "hold" rating to a "sell" rating in a research report on Saturday, August 8th. Mizuho dropped their price objective on shares of Alexandria Real Estate Equities from $70.00 to $60.00 and set an "outperform" rating on the stock in a research note on Monday, July 6th. Finally, Evercore raised their target price on shares of Alexandria Real Estate Equities from $58.00 to $60.00 and gave the stock an "outperform" rating in a report on Wednesday, July 1st. Two research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of "Reduce" and a consensus price target of $52.62.

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.

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