Taylor Frigon Capital Management LLC Raises Stock Holdings in Alexandria Real Estate Equities, Inc. $ARE

Key Points

• Taylor Frigon Capital Management LLC increased its stake in Alexandria Real Estate Equities by 74.4% in Q2, owning 32,308 shares valued at approximately $2.35 million after acquiring additional shares.
• Several large investors have significantly adjusted their positions in Alexandria Real Estate Equities, with increases ranging from 25.7% to 9,051.1% in recent quarters.
• Alexandria Real Estate Equities announced a quarterly dividend of $1.32 per share, representing a 6.3% yield, to be paid on October 15th.

Taylor Frigon Capital Management LLC lifted its holdings in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE - Free Report) by 74.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 32,308 shares of the real estate investment trust's stock after acquiring an additional 13,783 shares during the period. Taylor Frigon Capital Management LLC's holdings in Alexandria Real Estate Equities were worth $2,347,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC raised its holdings in shares of Alexandria Real Estate Equities by 146.9% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 11,236 shares of the real estate investment trust's stock valued at $1,096,000 after buying an additional 6,686 shares during the last quarter. Wellington Management Group LLP raised its stake in Alexandria Real Estate Equities by 33.9% during the 4th quarter. Wellington Management Group LLP now owns 36,713 shares of the real estate investment trust's stock valued at $3,581,000 after acquiring an additional 9,295 shares during the last quarter. Versant Capital Management Inc lifted its position in Alexandria Real Estate Equities by 174.8% during the 1st quarter. Versant Capital Management Inc now owns 2,047 shares of the real estate investment trust's stock worth $189,000 after acquiring an additional 1,302 shares during the period. GAMMA Investing LLC grew its stake in shares of Alexandria Real Estate Equities by 9,051.1% in the 1st quarter. GAMMA Investing LLC now owns 169,478 shares of the real estate investment trust's stock valued at $15,678,000 after purchasing an additional 167,626 shares during the last quarter. Finally, Parallel Advisors LLC grew its stake in shares of Alexandria Real Estate Equities by 25.7% in the 1st quarter. Parallel Advisors LLC now owns 1,716 shares of the real estate investment trust's stock valued at $159,000 after purchasing an additional 351 shares during the last quarter. Institutional investors and hedge funds own 96.54% of the company's stock.

Wall Street Analysts Forecast Growth

ARE has been the subject of several recent research reports. Mizuho decreased their price target on Alexandria Real Estate Equities from $121.00 to $91.00 in a report on Thursday, June 12th. Royal Bank Of Canada reduced their target price on shares of Alexandria Real Estate Equities from $100.00 to $98.00 and set a "sector perform" rating for the company in a research note on Tuesday, July 29th. BMO Capital Markets began coverage on shares of Alexandria Real Estate Equities in a report on Tuesday, September 23rd. They issued an "outperform" rating and a $100.00 target price on the stock. Evercore ISI raised shares of Alexandria Real Estate Equities from an "in-line" rating to an "outperform" rating and increased their price target for the stock from $91.00 to $104.00 in a report on Monday, September 15th. Finally, Citigroup reduced their price objective on shares of Alexandria Real Estate Equities from $110.00 to $74.00 in a research report on Monday, June 2nd. Four analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $98.38.

Alexandria Real Estate Equities Trading Down 0.5%

Shares of ARE opened at $83.78 on Monday. 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, Inc. has a 1-year low of $67.37 and a 1-year high of $123.76. The stock has a market cap of $14.49 billion, a price-to-earnings ratio of -644.46, a price-to-earnings-growth ratio of 7.04 and a beta of 1.30. The firm has a 50 day simple moving average of $80.74 and a 200-day simple moving average of $78.76.

Alexandria Real Estate Equities (NYSE:ARE - Get Free Report) last announced its earnings results on Monday, July 21st. The real estate investment trust reported $2.33 EPS for the quarter, beating analysts' consensus estimates of $2.29 by $0.04. The firm had revenue of $737.28 million for the quarter, compared to analysts' expectations 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 prior year, the firm earned $2.36 EPS. Alexandria Real Estate Equities has set its FY 2025 guidance at 9.160-9.360 EPS. Equities analysts forecast that Alexandria Real Estate Equities, Inc. will post 9.32 EPS for the current fiscal year.

Alexandria Real Estate Equities Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Investors 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 yield of 6.3%. The ex-dividend date is Tuesday, September 30th. Alexandria Real Estate Equities's dividend payout ratio (DPR) is currently -4,061.54%.

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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