Teamwork Financial Advisors LLC Has $1.28 Million Stock Holdings in Alexandria Real Estate Equities, Inc. $ARE

Key Points

• Teamwork Financial Advisors LLC increased its stake in Alexandria Real Estate Equities by 34.2%, now holding a total of 17,614 shares valued at approximately $1.28 million.
• Analyst ratings for Alexandria Real Estate Equities show a consensus of "Hold" with price targets reducing significantly, with the lowest target set at $74.00.
• The company recently announced a quarterly dividend of $1.32, equating to an annualized yield of 6.2%, although it has a notably high payout ratio of -4,061.54%.

Teamwork Financial Advisors LLC boosted its stake in Alexandria Real Estate Equities, Inc. (NYSE:ARE - Free Report) by 34.2% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 17,614 shares of the real estate investment trust's stock after buying an additional 4,484 shares during the period. Teamwork Financial Advisors LLC's holdings in Alexandria Real Estate Equities were worth $1,279,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the stock. Tsfg LLC bought a new stake in shares of Alexandria Real Estate Equities during the first quarter worth approximately $30,000. Avalon Trust Co bought a new stake in Alexandria Real Estate Equities in the 1st quarter valued at $32,000. TruNorth Capital Management LLC acquired a new position in Alexandria Real Estate Equities in the 1st quarter valued at $34,000. Cromwell Holdings LLC bought a new position in Alexandria Real Estate Equities during the 1st quarter worth $36,000. Finally, AlphaQuest LLC lifted its holdings in shares of Alexandria Real Estate Equities by 370.5% during the first quarter. AlphaQuest LLC now owns 414 shares of the real estate investment trust's stock worth $38,000 after buying an additional 326 shares in the last quarter. 96.54% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

ARE has been the subject of several analyst reports. Mizuho dropped their price objective on shares of Alexandria Real Estate Equities from $121.00 to $91.00 in a research note on Thursday, June 12th. Citigroup dropped their price target on shares of Alexandria Real Estate Equities from $110.00 to $74.00 in a research report on Monday, June 2nd. Royal Bank Of Canada cut 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 note on Tuesday, July 29th. JPMorgan Chase & Co. reduced their price target on Alexandria Real Estate Equities from $117.00 to $95.00 and set a "neutral" rating on the stock in a research report on Tuesday, May 20th. Finally, Baird R W dropped their price objective on Alexandria Real Estate Equities from $129.00 to $102.00 in a report on Thursday, June 12th. Two equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $97.17.

Alexandria Real Estate Equities Stock Performance

Shares of NYSE:ARE opened at $84.98 on Friday. Alexandria Real Estate Equities, Inc. has a 1 year low of $67.37 and a 1 year high of $125.63. The stock has a market capitalization of $14.70 billion, a price-to-earnings ratio of -653.71, a price-to-earnings-growth ratio of 7.12 and a beta of 1.30. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.23 and a quick ratio of 0.23. The company's 50 day simple moving average is $79.18 and its 200 day simple moving average is $79.94.

Alexandria Real Estate Equities (NYSE:ARE - Get Free Report) last issued its earnings results on Monday, July 21st. The real estate investment trust reported $2.33 earnings per share for the quarter, beating analysts' consensus estimates of $2.29 by $0.04. Alexandria Real Estate Equities had a negative return on equity of 0.05% and a negative net margin of 0.33%.The firm had revenue of $737.28 million for the quarter, compared to the consensus estimate of $748.02 million. During the same quarter last year, the business posted $2.36 EPS. The company's 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 EPS for the current fiscal year.

Alexandria Real Estate Equities Dividend Announcement

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