Bamco Inc. NY acquired a new stake in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE - Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 336,176 shares of the real estate investment trust's stock, valued at approximately $17,767,000. Bamco Inc. NY owned about 0.19% of Alexandria Real Estate Equities as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also modified their holdings of ARE. Bank of America Corp DE acquired a new stake in shares of Alexandria Real Estate Equities during the second quarter valued at approximately $61,516,000. Caisse de depot et placement du Quebec purchased a new position in Alexandria Real Estate Equities during the 2nd quarter valued at about $21,863,000. Man Group plc purchased a new position in Alexandria Real Estate Equities during the 2nd quarter valued at about $4,994,000. First Bancorp Inc ME acquired a new position in shares of Alexandria Real Estate Equities in the 2nd quarter valued at about $26,000. Finally, Jupiter Topco LLC purchased a new stake in Alexandria Real Estate Equities in the 2nd quarter worth approximately $3,838,000. 96.54% of the stock is owned by institutional investors.
Insider Buying and Selling
In related news, Chairman Joel S. Marcus purchased 5,000 shares of Alexandria Real Estate Equities stock in a transaction that occurred on Monday, August 17th. The shares were acquired at an average price of $46.28 per share, for a total transaction of $231,400.00. Following the transaction, the chairman directly owned 592,724 shares in the company, valued at approximately $27,431,266.72. This represents a 0.85% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CFO Marc E. Binda sold 2,000 shares of the stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $54.00, for a total transaction of $108,000.00. Following the sale, the chief financial officer directly owned 188,264 shares in the company, valued at approximately $10,166,256. This represents a 1.05% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.35% of the stock is owned by corporate insiders.
Analyst Ratings Changes
A number of research analysts recently weighed in on the company. Morgan Stanley reissued an "underweight" rating and issued a $53.00 price objective on shares of Alexandria Real Estate Equities in a research note on Thursday, June 11th. Weiss Ratings reaffirmed a "sell (d)" rating on shares of Alexandria Real Estate Equities in a research report on Friday, July 17th. Citizens Jmp reiterated a "market perform" rating on shares of Alexandria Real Estate Equities in a report on Monday, August 17th. Citigroup lifted their price target on shares of Alexandria Real Estate Equities from $42.00 to $50.00 and gave the company a "neutral" rating in a research report on Monday, August 10th. Finally, Evercore restated an "outperform" rating and issued a $57.00 price objective on shares of Alexandria Real Estate Equities in a research note on Monday, August 17th. Two 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's stock. According to data from MarketBeat.com, Alexandria Real Estate Equities presently has an average rating of "Reduce" and an average target price of $52.85.
Check Out Our Latest Analysis on Alexandria Real Estate Equities
Alexandria Real Estate Equities Trading Down 1.2%
Alexandria Real Estate Equities stock opened at $52.32 on Friday. The business has a 50 day moving average price of $50.73 and a two-hundred day moving average price of $49.54. 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, Inc. has a 12 month low of $39.41 and a 12 month high of $88.24. The stock has a market cap of $9.12 billion, a price-to-earnings ratio of -8.63 and a beta of 1.15.
Alexandria Real Estate Equities (NYSE:ARE - Get Free Report) last issued its earnings results on Monday, August 3rd. The real estate investment trust reported ($0.43) earnings per share for the quarter, missing the consensus estimate of $0.09 by ($0.52). The business had revenue of $662.78 million for the quarter, compared to analyst estimates 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%. Alexandria Real Estate Equities's revenue was down 13.0% on a year-over-year basis. During the same quarter last year, the firm posted $2.33 earnings per share. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.350-6.450 EPS. As a group, equities analysts forecast that Alexandria Real Estate Equities, Inc. will post 6.39 EPS for the current year.
Alexandria Real Estate Equities Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were issued a $0.72 dividend. This represents a $2.88 annualized dividend and a dividend yield of 5.5%. The ex-dividend date of this dividend was Tuesday, June 30th. Alexandria Real Estate Equities's payout ratio is presently -47.52%.
Alexandria Real Estate Equities Company Profile
(
Free Report)
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.
See Also
Want to see what other hedge funds are holding ARE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alexandria Real Estate Equities, Inc. (NYSE:ARE - Free Report).
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Before you consider Alexandria Real Estate Equities, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Alexandria Real Estate Equities wasn't on the list.
While Alexandria Real Estate Equities currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we’ll send you MarketBeat’s list of ten stocks set to soar in Summer 2026, despite the threat of tariffs and what's happening in Iran. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
