Alexandria Real Estate Equities, Inc. $ARE Shares Purchased by Engineers Gate Manager LP

Engineers Gate Manager LP raised its holdings in Alexandria Real Estate Equities, Inc. (NYSE:ARE - Free Report) by 385.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 134,871 shares of the real estate investment trust's stock after buying an additional 107,109 shares during the quarter. Engineers Gate Manager LP owned approximately 0.08% of Alexandria Real Estate Equities worth $7,128,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in ARE. Integrated Wealth Concepts LLC increased its stake in Alexandria Real Estate Equities by 164.7% during the second quarter. Integrated Wealth Concepts LLC now owns 20,519 shares of the real estate investment trust's stock worth $1,084,000 after acquiring an additional 12,767 shares during the last quarter. NewEdge Advisors LLC raised its stake in shares of Alexandria Real Estate Equities by 123.7% in the 2nd quarter. NewEdge Advisors LLC now owns 11,957 shares of the real estate investment trust's stock valued at $632,000 after acquiring an additional 6,611 shares during the period. IFP Advisors Inc lifted its holdings in shares of Alexandria Real Estate Equities by 580.0% during the 2nd quarter. IFP Advisors Inc now owns 2,992 shares of the real estate investment trust's stock valued at $158,000 after acquiring an additional 2,552 shares in the last quarter. Baird Financial Group Inc. purchased a new stake in Alexandria Real Estate Equities during the 2nd quarter worth $456,000. Finally, Allworth Financial LP boosted its position in Alexandria Real Estate Equities by 111.5% during the 2nd quarter. Allworth Financial LP now owns 9,479 shares of the real estate investment trust's stock worth $501,000 after purchasing an additional 4,998 shares during the period. 96.54% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have commented on the company. Citizens Jmp reissued a "market perform" rating on shares of Alexandria Real Estate Equities in a research report on Monday, August 17th. Zacks Research raised Alexandria Real Estate Equities from a "strong sell" rating to a "hold" rating in a research report on Wednesday, August 19th. BNP Paribas Exane raised their price target on shares of Alexandria Real Estate Equities from $45.00 to $48.00 and gave the company an "underperform" rating in a report on Wednesday, August 5th. Morgan Stanley restated an "underweight" rating and set a $53.00 price objective on shares of Alexandria Real Estate Equities in a report on Thursday, June 11th. Finally, Citigroup boosted their target price on shares of 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. Two investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of "Reduce" and an average price target of $52.85.

Insider Activity

In other news, Chairman Joel S. Marcus acquired 5,000 shares of the company's stock in a transaction that occurred on Monday, August 17th. The shares were purchased at an average price of $46.28 per share, for a total transaction of $231,400.00. Following the completion of the acquisition, the chairman owned 592,724 shares of the company's stock, valued at approximately $27,431,266.72. This represents a 0.85% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Andres Gavinet sold 10,000 shares of Alexandria Real Estate Equities stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $50.93, for a total value of $509,300.00. Following the completion of the transaction, the chief accounting officer owned 102,516 shares in the company, valued at $5,221,139.88. The trade was a 8.89% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 1.35% of the company's stock.

Alexandria Real Estate Equities Stock Up 3.2%

ARE stock opened at $51.13 on Friday. Alexandria Real Estate Equities, Inc. has a fifty-two week low of $39.41 and a fifty-two week high of $88.24. The company has a quick ratio of 0.19, a current ratio of 0.19 and a debt-to-equity ratio of 0.67. The stock has a market cap of $8.91 billion, a PE ratio of -8.44 and a beta of 1.15. The firm's 50-day simple moving average is $50.48 and its 200 day simple moving average is $49.40.

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) earnings per share 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 the consensus estimate 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 business's quarterly revenue was down 13.0% on a year-over-year basis. During the same period last year, the firm posted $2.33 EPS. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.350-6.450 EPS. As a group, sell-side analysts predict that Alexandria Real Estate Equities, Inc. will post 6.39 EPS for the current year.

Alexandria Real Estate Equities Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be issued a $0.72 dividend. This represents a $2.88 annualized dividend and a dividend yield of 5.6%. The ex-dividend date is Wednesday, September 30th. Alexandria Real Estate Equities's dividend payout ratio (DPR) is presently -47.52%.

Alexandria Real Estate Equities Company Profile

Alexandria Real Estate Equities, Inc NYSE: ARE is a real estate investment trust that owns, operates and develops collaborative life science, agtech and advanced technology campuses. The company provides specialized laboratory, research and office space designed to support organizations working in biotechnology, pharmaceuticals, medical devices, diagnostics, agriculture and related technology fields.

Founded in 1994, Alexandria focuses on properties located in established innovation clusters, where its campuses bring together research institutions, universities, hospitals, government agencies, start-ups and established companies.

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