Cwm LLC Has $4.69 Million Stake in Alexandria Real Estate Equities, Inc. $ARE

Key Points

• Cwm LLC increased its stake in Alexandria Real Estate Equities by 87.2%, owning a total of 64,596 shares worth approximately $4.69 million as of the latest SEC filing.
• Alexandria Real Estate Equities reported earnings of $2.33 per share for the last quarter, surpassing expectations, but experienced a 0.6% decline in revenue year-over-year.
• The company's most recent quarterly dividend was set at $1.32, providing an annual yield of 7.0%, despite a significant negative dividend payout ratio.

Cwm LLC boosted its holdings in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE - Free Report) by 87.2% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 64,596 shares of the real estate investment trust's stock after purchasing an additional 30,085 shares during the period. Cwm LLC's holdings in Alexandria Real Estate Equities were worth $4,692,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Tsfg LLC acquired a new stake in Alexandria Real Estate Equities during the 1st quarter valued at $30,000. Sound Income Strategies LLC acquired a new stake in Alexandria Real Estate Equities during the 2nd quarter valued at $25,000. Avalon Trust Co acquired a new stake in Alexandria Real Estate Equities during the 1st quarter valued at $32,000. TruNorth Capital Management LLC acquired a new stake in Alexandria Real Estate Equities during the 1st quarter valued at $34,000. Finally, Cromwell Holdings LLC acquired a new stake in Alexandria Real Estate Equities during the 1st quarter valued at $36,000. 96.54% of the stock is owned by institutional investors and hedge funds.

Alexandria Real Estate Equities Stock Performance

Shares of Alexandria Real Estate Equities stock opened at $75.26 on Friday. The firm has a market cap of $13.02 billion, a price-to-earnings ratio of -578.92, a price-to-earnings-growth ratio of 6.40 and a beta of 1.31. The stock's 50-day moving average is $80.77 and its 200-day moving average is $77.25. Alexandria Real Estate Equities, Inc. has a one year low of $67.37 and a one year high of $122.67. 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 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.29 by $0.04. The business had revenue of $737.28 million for the quarter, compared to the consensus estimate of $748.02 million. Alexandria Real Estate Equities had a negative return on equity of 0.05% and a negative net margin of 0.33%.Alexandria Real Estate Equities's quarterly revenue was down .6% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.36 earnings per share. Alexandria Real Estate Equities has set its FY 2025 guidance at 9.160-9.360 EPS. Equities analysts predict that Alexandria Real Estate Equities, Inc. will post 9.32 earnings per share for the current fiscal year.

Alexandria Real Estate Equities Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th were given a $1.32 dividend. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $5.28 annualized dividend and a dividend yield of 7.0%. Alexandria Real Estate Equities's dividend payout ratio is presently -4,061.54%.

Analysts Set New Price Targets

Several research firms have recently commented on ARE. Cantor Fitzgerald lowered their target price on Alexandria Real Estate Equities from $88.00 to $79.00 and set a "neutral" rating for the company in a research note on Monday. BNP Paribas Exane reissued an "underperform" rating on shares of Alexandria Real Estate Equities in a research note on Wednesday, October 1st. Evercore ISI raised Alexandria Real Estate Equities from an "in-line" rating to an "outperform" rating and lifted their target price for the company from $91.00 to $104.00 in a research note on Monday, September 15th. BMO Capital Markets began coverage on Alexandria Real Estate Equities in a research note on Tuesday, September 23rd. They issued an "outperform" rating and a $100.00 target price for the company. Finally, Weiss Ratings reissued a "sell (d)" rating on shares of Alexandria Real Estate Equities in a research note on Wednesday, October 8th. 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 company has a consensus rating of "Hold" and an average target price of $95.87.

Alexandria Real Estate Equities Company 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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