Alexandria Real Estate Equities, Inc. $ARE Shares Newly Bought by HBW Advisory Services LLC

Key Points

• HBW Advisory Services initiated a position in Alexandria Real Estate Equities, purchasing 24,507 shares valued at approximately $1.16 million. Institutional investors collectively own 96.54% of the REIT.
• Analyst sentiment remains cautious, with two Buy, ten Hold and four Sell ratings producing a consensus “Reduce” rating and an average price target of $50.86.
• ARE shares opened at $42.32, near their 52-week low, while the company reported a quarterly loss, declining year-over-year revenue and a $0.72 quarterly dividend, equivalent to a 6.8% annualized yield.

HBW Advisory Services LLC bought a new position in Alexandria Real Estate Equities, Inc. (NYSE:ARE - Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 24,507 shares of the real estate investment trust's stock, valued at approximately $1,163,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ARE. FNY Investment Advisers LLC purchased a new position in Alexandria Real Estate Equities during the second quarter valued at approximately $26,000. First Bancorp Inc ME bought a new position in shares of Alexandria Real Estate Equities during the second quarter worth $26,000. Basecamp Wealth Advisors LLC lifted 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 purchasing an additional 633 shares in the last quarter. Danske Bank A S purchased a new stake in Alexandria Real Estate Equities in the 2nd quarter worth $42,000. Finally, SJS Investment Consulting Inc. boosted its holdings in shares of Alexandria Real Estate Equities by 38.7% during the 1st quarter. SJS Investment Consulting Inc. now owns 1,150 shares of the real estate investment trust's stock valued at $53,000 after purchasing an additional 321 shares during the last quarter. Institutional investors own 96.54% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on ARE. Wall Street Zen lowered Alexandria Real Estate Equities from a "hold" rating to a "sell" rating in a research report on Saturday, August 8th. Citigroup boosted their target price on Alexandria Real Estate Equities from $42.00 to $50.00 and gave the stock a "neutral" rating in a research report on Monday, August 10th. BNP Paribas Exane decreased their target price on Alexandria Real Estate Equities from $48.00 to $40.00 and set an "underperform" rating on the stock in a research report on Tuesday, September 29th. The Goldman Sachs Group increased their price target on Alexandria Real Estate Equities from $54.00 to $59.00 and gave the company a "neutral" rating in a research note on Friday, September 18th. Finally, Mizuho cut their price target on Alexandria Real Estate Equities from $70.00 to $60.00 and set an "outperform" rating for the company in a report on Monday, July 6th. Two equities 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 stock. According to MarketBeat, Alexandria Real Estate Equities currently has a consensus rating of "Reduce" and an average price target of $50.86.

Alexandria Real Estate Equities Stock Performance

Shares of NYSE:ARE opened at $42.32 on Friday. Alexandria Real Estate Equities, Inc. has a 52 week low of $39.41 and a 52 week high of $78.51. The stock has a market capitalization of $7.37 billion, a P/E ratio of -6.98 and a beta of 1.16. The firm has a fifty day simple moving average of $49.73 and a two-hundred day simple moving average of $49.07. The company has a quick ratio of 0.19, a current ratio of 0.19 and a debt-to-equity ratio of 0.67.

Alexandria Real Estate Equities (NYSE:ARE - Get Free Report) last posted its earnings results on Monday, August 3rd. The real estate investment trust reported ($0.43) earnings per share for the quarter, missing analysts' consensus estimates of $0.09 by ($0.52). The business had revenue of $662.78 million during 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 business's quarterly revenue was down 13.0% on a year-over-year basis. During the same quarter last year, the firm earned $2.33 earnings per share. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.350-6.450 EPS. On average, analysts expect that Alexandria Real Estate Equities, Inc. will post 6.39 earnings per share for the current fiscal year.

Alexandria Real Estate Equities Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th were given a dividend of $0.72 per share. The ex-dividend date was Wednesday, September 30th. This represents a $2.88 dividend on an annualized basis and a yield of 6.8%. Alexandria Real Estate Equities's dividend payout ratio is -47.52%.

Insider Buying and Selling at Alexandria Real Estate Equities

In related news, Chairman Joel Marcus bought 5,000 shares of the company's stock in a transaction dated Friday, September 11th. The stock was purchased at an average price of $49.68 per share, for a total transaction of $248,400.00. Following the acquisition, the chairman owned 597,724 shares in the company, valued at $29,694,928.32. This trade represents a 0.84% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Kristina Fukuzaki-Carlson sold 16,810 shares of Alexandria Real Estate Equities stock in a transaction on Friday, September 11th. The stock was sold at an average price of $50.51, for a total transaction of $849,073.10. Following the transaction, the executive vice president directly owned 39,152 shares of the company's stock, valued at $1,977,567.52. The trade was a 30.04% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 1.35% of the company's stock.

About Alexandria Real Estate Equities

Alexandria Real Estate Equities, Inc NYSE: ARE is a real estate investment trust focused on owning, operating and developing collaborative life science, agtech and advanced technology campuses. The company provides specialized laboratory, research and office space for organizations involved in biotechnology, pharmaceuticals, medical devices, diagnostics, healthcare and related fields.

Alexandria's properties are designed to support innovation through purpose-built facilities, shared amenities and environments that encourage collaboration among companies, academic institutions, medical centers and research organizations.

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