Alexandria Real Estate Equities, Inc. $ARE Stock Holdings Raised by UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC

Key Points

• UBS Asset Management raised its stake in Alexandria Real Estate Equities by 2.3%, owning 0.95% of the company's shares, valued at approximately $152.3 million.
• Alexandria Real Estate Equities reported an earnings per share (EPS) of $2.33, slightly above the consensus estimate, while its quarterly revenue decreased by 0.6% year-over-year.
• The company declared a quarterly dividend of $1.32 per share, reflecting an annualized yield of 6.2%, with a significant dividend payout ratio of -4,061.54%.

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Alexandria Real Estate Equities, Inc. (NYSE:ARE - Free Report) by 2.3% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 1,646,542 shares of the real estate investment trust's stock after purchasing an additional 36,468 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned 0.95% of Alexandria Real Estate Equities worth $152,322,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of ARE. Cetera Investment Advisers increased its position in shares of Alexandria Real Estate Equities by 35.0% in the 4th quarter. Cetera Investment Advisers now owns 25,980 shares of the real estate investment trust's stock worth $2,534,000 after purchasing an additional 6,741 shares during the last quarter. Focus Partners Wealth bought a new stake in shares of Alexandria Real Estate Equities during the 4th quarter valued at about $237,000. Jefferies Financial Group Inc. grew its position in shares of Alexandria Real Estate Equities by 4.5% during the 4th quarter. Jefferies Financial Group Inc. now owns 5,380 shares of the real estate investment trust's stock valued at $525,000 after buying an additional 234 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Alexandria Real Estate Equities by 4.1% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,483 shares of the real estate investment trust's stock valued at $1,120,000 after buying an additional 454 shares during the last quarter. Finally, OMERS ADMINISTRATION Corp grew its position in shares of Alexandria Real Estate Equities by 19.5% during the 4th quarter. OMERS ADMINISTRATION Corp now owns 6,875 shares of the real estate investment trust's stock valued at $671,000 after buying an additional 1,120 shares during the last quarter. Institutional investors own 96.54% of the company's stock.

Alexandria Real Estate Equities Price Performance

NYSE ARE opened at $84.98 on Friday. Alexandria Real Estate Equities, Inc. has a 52 week low of $67.37 and a 52 week high of $125.63. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.61. The stock has a market cap of $14.70 billion, a price-to-earnings ratio of -653.71, a price-to-earnings-growth ratio of 7.12 and a beta of 1.30. The company has a 50-day moving average price of $79.18 and a two-hundred day moving average price of $80.07.

Alexandria Real Estate Equities (NYSE:ARE - Get Free Report) last posted its earnings results on Monday, July 21st. The real estate investment trust reported $2.33 EPS for the quarter, topping the consensus estimate of $2.29 by $0.04. The firm had revenue of $737.28 million during the quarter, compared to analysts' expectations of $748.02 million. Alexandria Real Estate Equities had a negative net margin of 0.33% and a negative return on equity of 0.05%. Alexandria Real Estate Equities's quarterly revenue was down .6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.36 EPS. Alexandria Real Estate Equities has set its FY 2025 guidance at 9.160-9.360 EPS. 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 disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th will be issued a $1.32 dividend. The ex-dividend date is Tuesday, September 30th. This represents a $5.28 annualized dividend and a dividend yield of 6.2%. Alexandria Real Estate Equities's dividend payout ratio (DPR) is -4,061.54%.

Analyst Ratings Changes

A number of brokerages recently weighed in on ARE. Baird R W lowered their price objective on shares of Alexandria Real Estate Equities from $129.00 to $102.00 in a research report on Thursday, June 12th. Citigroup lowered their price objective on shares of Alexandria Real Estate Equities from $110.00 to $74.00 in a research report on Monday, June 2nd. Mizuho lowered their price objective on shares of Alexandria Real Estate Equities from $121.00 to $91.00 in a research report on Thursday, June 12th. Royal Bank Of Canada lowered their price objective 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. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Alexandria Real Estate Equities from $117.00 to $95.00 and set a "neutral" rating for the company in a research report on Tuesday, May 20th. Two analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $97.17.

Alexandria Real Estate Equities 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.

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