8,833 Shares in Alexandria Real Estate Equities, Inc. $ARE Purchased by Caxton Associates LLP

Key Points

• Caxton Associates LLP has invested approximately $817,000 in Alexandria Real Estate Equities, purchasing 8,833 shares of the real estate investment trust's stock.
• Alexandria Real Estate Equities reported $2.33 EPS for the last quarter, slightly exceeding analysts' estimates, but also noted a 0.6% decline in quarterly revenue compared to the previous year.
• The company declared a quarterly dividend of $1.32, with a dividend yield of 6.3%, to be paid on October 15th.

Caxton Associates LLP bought a new position in Alexandria Real Estate Equities, Inc. (NYSE:ARE - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 8,833 shares of the real estate investment trust's stock, valued at approximately $817,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of ARE. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Alexandria Real Estate Equities by 1,038.4% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,610,074 shares of the real estate investment trust's stock worth $157,063,000 after buying an additional 1,468,644 shares in the last quarter. AQR Capital Management LLC increased its holdings in Alexandria Real Estate Equities by 511.9% during the 1st quarter. AQR Capital Management LLC now owns 1,517,842 shares of the real estate investment trust's stock worth $140,416,000 after acquiring an additional 1,269,795 shares during the period. Invesco Ltd. increased its holdings in Alexandria Real Estate Equities by 39.0% during the 1st quarter. Invesco Ltd. now owns 3,147,743 shares of the real estate investment trust's stock worth $291,198,000 after acquiring an additional 882,963 shares during the period. Price T Rowe Associates Inc. MD lifted its stake in Alexandria Real Estate Equities by 79.0% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,233,606 shares of the real estate investment trust's stock worth $114,122,000 after purchasing an additional 544,358 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its holdings in Alexandria Real Estate Equities by 21.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,849,582 shares of the real estate investment trust's stock valued at $171,105,000 after purchasing an additional 330,673 shares during the period. 96.54% of the stock is currently owned by institutional investors.

Alexandria Real Estate Equities Price Performance

NYSE ARE traded up $0.24 on Friday, reaching $84.98. 1,559,968 shares of the company's stock traded hands, compared to its average volume of 1,114,906. The stock has a market cap of $14.70 billion, a PE ratio of -653.71, a P/E/G ratio of 7.12 and a beta of 1.30. Alexandria Real Estate Equities, Inc. has a 12 month low of $67.37 and a 12 month high of $125.63. The stock has a 50-day simple moving average of $79.18 and a 200 day simple moving average of $80.07. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.23 and a quick ratio of 0.23.

Alexandria Real Estate Equities (NYSE:ARE - Get Free Report) last released its earnings results on Monday, July 21st. The real estate investment trust reported $2.33 EPS for the quarter, beating the consensus estimate of $2.29 by $0.04. Alexandria Real Estate Equities had a negative net margin of 0.33% and a negative return on equity of 0.05%. The company had revenue of $737.28 million for the quarter, compared to analyst estimates of $748.02 million. During the same quarter last year, the firm earned $2.36 EPS. The firm's quarterly revenue was down .6% compared to the same quarter last year. Alexandria Real Estate Equities has set its FY 2025 guidance at 9.160-9.360 EPS. As a group, research analysts predict that Alexandria Real Estate Equities, Inc. will post 9.32 earnings per share for the current year.

Alexandria Real Estate Equities Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th will be paid a $1.32 dividend. This represents a $5.28 dividend on an annualized basis and a yield of 6.2%. The ex-dividend date of this dividend is Tuesday, September 30th. Alexandria Real Estate Equities's payout ratio is -4,061.54%.

Analyst Ratings Changes

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