Triodos Investment Management BV Has $16.69 Million Stake in Alexandria Real Estate Equities, Inc. $ARE

Key Points

• Triodos Investment Management BV increased its stake in Alexandria Real Estate Equities by 29.8%, holding 229,800 shares valued at approximately $16.69 million after acquiring an additional 52,700 shares in the second quarter.
• Alexandria Real Estate Equities reported earnings of $2.33 per share for the last quarter, exceeding analyst expectations, although revenue declined by 0.6% year-over-year.
• The company announced a quarterly dividend of $1.32 per share with a yield of 7.1%, set to be paid on October 15th to shareholders of record as of September 30th.

Triodos Investment Management BV boosted its position in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE - Free Report) by 29.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 229,800 shares of the real estate investment trust's stock after acquiring an additional 52,700 shares during the period. Triodos Investment Management BV owned 0.13% of Alexandria Real Estate Equities worth $16,690,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Sound Income Strategies LLC acquired a new position in shares of Alexandria Real Estate Equities during the second quarter valued at about $25,000. American National Bank & Trust bought a new stake in Alexandria Real Estate Equities in the second quarter valued at about $29,000. Tsfg LLC bought a new stake in Alexandria Real Estate Equities in the first quarter valued at about $30,000. Avalon Trust Co bought a new stake in Alexandria Real Estate Equities in the first quarter valued at about $32,000. Finally, TruNorth Capital Management LLC bought a new stake in Alexandria Real Estate Equities during the first quarter worth about $34,000. Institutional investors and hedge funds own 96.54% of the company's stock.

Alexandria Real Estate Equities Trading Down 1.1%

ARE opened at $74.39 on Friday. The firm's fifty day moving average is $80.87 and its two-hundred day moving average is $77.95. 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 firm has a market cap of $12.87 billion, a PE ratio of -572.23, a price-to-earnings-growth ratio of 6.32 and a beta of 1.31. Alexandria Real Estate Equities, Inc. has a twelve month low of $67.37 and a twelve month high of $123.10.

Alexandria Real Estate Equities (NYSE:ARE - Get Free Report) last posted its earnings results on Monday, July 21st. The real estate investment trust reported $2.33 earnings per share for the quarter, topping the consensus estimate of $2.29 by $0.04. The company had revenue of $737.28 million for the quarter, compared to analyst estimates of $748.02 million. Alexandria Real Estate Equities had a negative net margin of 0.33% and a negative return on equity of 0.05%. The business's revenue for the quarter was down .6% compared to the same quarter last year. During the same period last year, the business posted $2.36 earnings per share. Alexandria Real Estate Equities has set its FY 2025 guidance at 9.160-9.360 EPS. Equities research analysts anticipate that Alexandria Real Estate Equities, Inc. will post 9.32 EPS for the current year.

Alexandria Real Estate Equities Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th will be issued a $1.32 dividend. The ex-dividend date is Tuesday, September 30th. This represents a $5.28 annualized dividend and a yield of 7.1%. Alexandria Real Estate Equities's dividend payout ratio (DPR) is -4,061.54%.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the stock. BMO Capital Markets assumed coverage on shares of Alexandria Real Estate Equities in a research note on Tuesday, September 23rd. They set an "outperform" rating and a $100.00 price objective on the stock. Cantor Fitzgerald set a $88.00 price target on shares of Alexandria Real Estate Equities and gave the company a "neutral" rating in a research note on Wednesday, October 1st. Jefferies Financial Group assumed coverage on shares of Alexandria Real Estate Equities in a research note on Monday. They set a "hold" rating and a $80.00 price target on the stock. BNP Paribas Exane reissued an "underperform" rating on shares of Alexandria Real Estate Equities in a research note on Wednesday, October 1st. Finally, Baird R W decreased their price target on shares of Alexandria Real Estate Equities from $129.00 to $102.00 in a research note on Thursday, June 12th. Four investment 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. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $96.47.

About Alexandria Real Estate Equities

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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