Alexandria Real Estate Equities, Inc. $ARE Stock Position Decreased by Crawford Investment Counsel Inc.

Key Points

• Crawford Investment Counsel trimmed its stake in Alexandria Real Estate Equities by 7.2% in Q3 to 463,111 shares (about 0.27% of the company), leaving institutional investors owning roughly 96.54% of the stock.
• Large institutional moves included Norges Bank initiating a new ~\$1.195 billion position and UBS Asset Management increasing holdings by 1,652,298 shares (a 1,022.1% rise) to 1,813,955 shares, signaling significant portfolio reshuffling among big investors.
• Corporate developments: Chairman Joel S. Marcus bought 25,000 shares, the company declared a quarterly dividend of \$0.72 (annualized yield ~6.0%) and authorized a \$500 million share buyback; recent quarter slightly beat EPS expectations and management set FY2026 guidance of 6.25–6.55 EPS amid a consensus analyst rating of "Hold."

Crawford Investment Counsel Inc. decreased its holdings in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE - Free Report) by 7.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 463,111 shares of the real estate investment trust's stock after selling 35,911 shares during the quarter. Crawford Investment Counsel Inc. owned approximately 0.27% of Alexandria Real Estate Equities worth $38,596,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Norges Bank acquired a new stake in shares of Alexandria Real Estate Equities during the 2nd quarter worth approximately $1,195,306,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Alexandria Real Estate Equities by 1,022.1% in the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,813,955 shares of the real estate investment trust's stock worth $151,175,000 after purchasing an additional 1,652,298 shares during the last quarter. Menora Mivtachim Holdings LTD. acquired a new position in Alexandria Real Estate Equities during the 3rd quarter valued at approximately $61,255,000. Lasalle Investment Management Securities LLC boosted its position in Alexandria Real Estate Equities by 89.2% during the 2nd quarter. Lasalle Investment Management Securities LLC now owns 1,175,406 shares of the real estate investment trust's stock valued at $85,370,000 after purchasing an additional 554,236 shares during the period. Finally, AQR Capital Management LLC grew its stake in Alexandria Real Estate Equities by 26.1% during the 3rd quarter. AQR Capital Management LLC now owns 2,564,915 shares of the real estate investment trust's stock worth $211,682,000 after buying an additional 531,668 shares during the last quarter. 96.54% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. Zacks Research raised Alexandria Real Estate Equities from a "strong sell" rating to a "hold" rating in a research report on Thursday, January 29th. Mizuho lowered their price target on shares of Alexandria Real Estate Equities from $91.00 to $70.00 and set an "outperform" rating for the company in a research report on Friday, January 9th. JPMorgan Chase & Co. dropped their price objective on shares of Alexandria Real Estate Equities from $63.00 to $57.00 and set a "neutral" rating on the stock in a report on Tuesday, March 10th. Robert W. Baird cut their price objective on shares of Alexandria Real Estate Equities from $73.00 to $67.00 and set an "outperform" rating on the stock in a research report on Thursday, December 4th. Finally, Cantor Fitzgerald boosted their target price on shares of Alexandria Real Estate Equities from $46.00 to $60.00 and gave the company a "neutral" rating in a research note on Wednesday, January 28th. Four equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $65.33.

Insider Transactions at Alexandria Real Estate Equities

In other news, Chairman Joel S. Marcus purchased 25,000 shares of the stock in a transaction dated Thursday, February 12th. The shares were bought at an average cost of $53.92 per share, for a total transaction of $1,348,000.00. Following the transaction, 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 transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 1.08% of the company's stock.

Alexandria Real Estate Equities Stock Down 3.7%

Alexandria Real Estate Equities stock opened at $48.39 on Friday. The stock has a market cap of $8.39 billion, a price-to-earnings ratio of -5.73, a PEG ratio of 5.86 and a beta of 1.31. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.65. The company's 50-day moving average price is $54.15 and its two-hundred day moving average price is $61.42. Alexandria Real Estate Equities, Inc. has a 52 week low of $44.10 and a 52 week high of $101.21.

Alexandria Real Estate Equities (NYSE:ARE - Get Free Report) last released its quarterly earnings results on Monday, January 26th. The real estate investment trust reported $2.16 EPS for the quarter, topping analysts' consensus estimates of $2.15 by $0.01. The company had revenue of $754.41 million for the quarter, compared to the consensus estimate of $742.64 million. Alexandria Real Estate Equities had a negative net margin of 47.23% and a negative return on equity of 6.82%. Alexandria Real Estate Equities's revenue was down 4.4% on a year-over-year basis. During the same period in the previous year, the firm earned $2.39 EPS. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.250-6.550 EPS. On average, analysts expect that Alexandria Real Estate Equities, Inc. will post 9.32 EPS for the current fiscal year.

Alexandria Real Estate Equities Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be paid a dividend of $0.72 per share. This represents a $2.88 dividend on an annualized basis and a yield of 6.0%. The ex-dividend date of this dividend is Tuesday, March 31st. Alexandria Real Estate Equities's dividend payout ratio (DPR) is presently -34.12%.

Alexandria Real Estate Equities declared that its board has initiated a share repurchase program on Monday, December 8th that permits the company to buyback $500.00 million in outstanding shares. This buyback authorization permits the real estate investment trust to repurchase up to 6.4% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's leadership believes its shares are undervalued.

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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