TD Waterhouse Canada Inc. Sells 41,502 Shares of Alexandria Real Estate Equities, Inc. $ARE

Key Points

• TD Waterhouse Canada cut its stake in Alexandria Real Estate Equities by 73.1% in Q4, selling 41,502 shares and leaving 15,286 shares worth about $748,000.
• Chairman Joel S. Marcus bought 25,000 shares at an average price of $53.92 on Feb. 12, increasing his holding to 562,724 shares (≈$30.34M), signaling insider confidence.
• Alexandria declared a quarterly dividend of $0.72 (annualized $2.88, a 6.1% yield), and carries a MarketBeat consensus rating of "Hold" with a $63.67 target price.

TD Waterhouse Canada Inc. cut its stake in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE - Free Report) by 73.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 15,286 shares of the real estate investment trust's stock after selling 41,502 shares during the quarter. TD Waterhouse Canada Inc.'s holdings in Alexandria Real Estate Equities were worth $748,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of the stock. IFM Investors Pty Ltd lifted its position in Alexandria Real Estate Equities by 0.3% during the third quarter. IFM Investors Pty Ltd now owns 58,544 shares of the real estate investment trust's stock valued at $4,909,000 after purchasing an additional 150 shares during the last quarter. Farther Finance Advisors LLC raised its stake in shares of Alexandria Real Estate Equities by 18.1% during the fourth quarter. Farther Finance Advisors LLC now owns 1,228 shares of the real estate investment trust's stock worth $60,000 after acquiring an additional 188 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Alexandria Real Estate Equities by 0.9% during the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,443 shares of the real estate investment trust's stock worth $1,711,000 after acquiring an additional 198 shares in the last quarter. MassMutual Private Wealth & Trust FSB raised its stake in shares of Alexandria Real Estate Equities by 17.4% during the third quarter. MassMutual Private Wealth & Trust FSB now owns 1,371 shares of the real estate investment trust's stock worth $114,000 after acquiring an additional 203 shares in the last quarter. Finally, UMB Bank n.a. raised its stake in shares of Alexandria Real Estate Equities by 17.4% during the third quarter. UMB Bank n.a. now owns 1,385 shares of the real estate investment trust's stock worth $115,000 after acquiring an additional 205 shares in the last quarter. 96.54% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts have commented on the stock. Zacks Research raised shares of Alexandria Real Estate Equities from a "strong sell" rating to a "hold" rating in a research note on Thursday, January 29th. Royal Bank Of Canada reissued a "sector perform" rating and set a $60.00 price target on shares of Alexandria Real Estate Equities in a research note on Tuesday, February 10th. BMO Capital Markets reissued a "market perform" rating and set a $52.00 price target (down from $65.00) on shares of Alexandria Real Estate Equities in a research note on Wednesday, March 25th. Mizuho decreased their price target on shares of Alexandria Real Estate Equities from $91.00 to $70.00 and set an "outperform" rating on the stock in a research note on Friday, January 9th. Finally, Weiss Ratings reissued a "sell (d)" rating on shares of Alexandria Real Estate Equities in a research note on Monday. Three research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, Alexandria Real Estate Equities presently has a consensus rating of "Hold" and a consensus target price of $63.67.

Insider Buying and Selling at Alexandria Real Estate Equities

In related news, Chairman Joel S. Marcus purchased 25,000 shares of the business's stock in a transaction that occurred on Thursday, February 12th. The shares were acquired at an average price of $53.92 per share, for a total transaction of $1,348,000.00. Following the completion of the acquisition, the chairman directly owned 562,724 shares in the company, valued at approximately $30,342,078.08. The trade was a 4.65% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Hallie E. Kuhn sold 536 shares of Alexandria Real Estate Equities stock in a transaction on Friday, April 17th. The shares were sold at an average price of $48.20, for a total transaction of $25,835.20. Following the completion of the sale, the executive vice president owned 48,301 shares in the company, valued at approximately $2,328,108.20. This trade represents a 1.10% 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. Insiders own 1.35% of the company's stock.

Alexandria Real Estate Equities Stock Up 2.2%

Shares of NYSE ARE opened at $47.40 on Friday. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.65. Alexandria Real Estate Equities, Inc. has a 52 week low of $41.44 and a 52 week high of $88.24. The firm's fifty day moving average is $48.84 and its 200 day moving average is $53.72. The company has a market cap of $8.21 billion, a price-to-earnings ratio of -5.62, a PEG ratio of 5.61 and a beta of 1.33.

Alexandria Real Estate Equities (NYSE:ARE - Get Free Report) last issued its earnings results on Monday, January 26th. The real estate investment trust reported $2.16 EPS for the quarter, topping the consensus estimate of $2.15 by $0.01. The company had revenue of $754.41 million for the quarter, compared to the consensus estimate of $742.64 million. Alexandria Real Estate Equities had a negative net margin of 47.23% and a negative return on equity of 6.82%. The firm's revenue for the quarter was down 4.4% on a year-over-year basis. During the same period in the previous year, the firm earned $2.39 earnings per share. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.250-6.550 EPS. On average, equities research analysts expect that Alexandria Real Estate Equities, Inc. will post 6.41 earnings per share for the current year.

Alexandria Real Estate Equities Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were issued a $0.72 dividend. The ex-dividend date was Tuesday, March 31st. This represents a $2.88 annualized dividend and a yield of 6.1%. Alexandria Real Estate Equities's payout ratio is -34.12%.

About Alexandria Real Estate Equities

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.

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