Commerzbank Aktiengesellschaft FI Has $3.06 Million Stock Holdings in Alexandria Real Estate Equities, Inc. $ARE

Key Points

• Commerzbank Aktiengesellschaft FI has increased its stake in Alexandria Real Estate Equities, boosting ownership by 21% to a total of 42,060 shares valued at approximately $3.06 million.
• Alexandria Real Estate Equities is experiencing significant investment from large investors, with 96.54% of its stock currently owned by institutional investors and hedge funds.
• The company recently announced a quarterly dividend of $1.32 per share, reflecting a 7.1% dividend yield, although its payout ratio stands at an extraordinarily high -4,061.54%.

Commerzbank Aktiengesellschaft FI boosted its stake in Alexandria Real Estate Equities, Inc. (NYSE:ARE - Free Report) by 21.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 42,060 shares of the real estate investment trust's stock after purchasing an additional 7,306 shares during the quarter. Commerzbank Aktiengesellschaft FI's holdings in Alexandria Real Estate Equities were worth $3,055,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the stock. Triodos Investment Management BV grew its holdings in Alexandria Real Estate Equities by 29.8% in the second quarter. Triodos Investment Management BV now owns 229,800 shares of the real estate investment trust's stock worth $16,690,000 after purchasing an additional 52,700 shares during the period. IFP Advisors Inc grew its holdings in Alexandria Real Estate Equities by 745.8% in the second quarter. IFP Advisors Inc now owns 1,624 shares of the real estate investment trust's stock worth $118,000 after purchasing an additional 1,432 shares during the period. Abel Hall LLC grew its holdings in Alexandria Real Estate Equities by 23.7% in the second quarter. Abel Hall LLC now owns 9,169 shares of the real estate investment trust's stock worth $666,000 after purchasing an additional 1,758 shares during the period. DAVENPORT & Co LLC grew its holdings in Alexandria Real Estate Equities by 1,796.2% in the second quarter. DAVENPORT & Co LLC now owns 835,789 shares of the real estate investment trust's stock worth $60,814,000 after purchasing an additional 791,712 shares during the period. Finally, Abundance Wealth Counselors grew its holdings in Alexandria Real Estate Equities by 28.6% in the second quarter. Abundance Wealth Counselors now owns 19,806 shares of the real estate investment trust's stock worth $1,500,000 after purchasing an additional 4,399 shares during the period. 96.54% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

ARE has been the subject of several recent research reports. Weiss Ratings reissued a "sell (d)" rating on shares of Alexandria Real Estate Equities in a research report on Wednesday. Royal Bank Of Canada decreased their price objective on Alexandria Real Estate Equities from $100.00 to $98.00 and set a "sector perform" rating for the company in a report on Tuesday, July 29th. Jefferies Financial Group initiated coverage on Alexandria Real Estate Equities in a report on Monday. They issued a "hold" rating and a $80.00 target price on the stock. BMO Capital Markets began coverage on Alexandria Real Estate Equities in a report on Tuesday, September 23rd. They set an "outperform" rating and a $100.00 price target for the company. Finally, Mizuho cut their price objective on shares of Alexandria Real Estate Equities from $121.00 to $91.00 in a report on Thursday, June 12th. Four analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have given a Sell rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and an average price target of $96.47.

Alexandria Real Estate Equities Trading Down 1.1%

Shares of ARE stock opened at $74.39 on Friday. Alexandria Real Estate Equities, Inc. has a 52-week low of $67.37 and a 52-week high of $123.10. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.23 and a current ratio of 0.23. The company has a 50-day simple moving average of $80.87 and a two-hundred day simple moving average of $77.95. The company has a market capitalization of $12.87 billion, a price-to-earnings ratio of -572.23, a PEG ratio of 6.32 and a beta of 1.31.

Alexandria Real Estate Equities (NYSE:ARE - Get Free Report) last issued its quarterly earnings data on Monday, July 21st. The real estate investment trust reported $2.33 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 business had revenue of $737.28 million during the quarter, compared to the consensus estimate of $748.02 million. During the same period in the prior year, the firm posted $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. Research analysts anticipate that Alexandria Real Estate Equities, Inc. will post 9.32 EPS for the current fiscal year.

Alexandria Real Estate Equities Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th will be given a dividend of $1.32 per share. This represents a $5.28 dividend on an annualized basis and a dividend yield of 7.1%. The ex-dividend date of this dividend is Tuesday, September 30th. Alexandria Real Estate Equities's dividend payout ratio is currently -4,061.54%.

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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