Border to Coast Pensions Partnership Ltd Has $1.16 Million Holdings in Alexandria Real Estate Equities, Inc. $ARE

Border to Coast Pensions Partnership Ltd trimmed its position in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 66.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 25,000 shares of the real estate investment trust’s stock after selling 50,000 shares during the quarter. Border to Coast Pensions Partnership Ltd’s holdings in Alexandria Real Estate Equities were worth $1,164,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Norges Bank acquired a new position in shares of Alexandria Real Estate Equities in the 4th quarter worth approximately $805,429,000. Invesco Ltd. increased its holdings in Alexandria Real Estate Equities by 57.9% during the 4th quarter. Invesco Ltd. now owns 6,033,304 shares of the real estate investment trust’s stock valued at $295,270,000 after purchasing an additional 2,211,424 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Alexandria Real Estate Equities by 1,022.1% in the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,813,955 shares of the real estate investment trust’s stock valued at $151,175,000 after purchasing an additional 1,652,298 shares during the last quarter. Freestone Grove Partners LP bought a new position in Alexandria Real Estate Equities in the 4th quarter valued at $72,144,000. Finally, Goldman Sachs Group Inc. boosted its stake in Alexandria Real Estate Equities by 52.7% in the fourth quarter. Goldman Sachs Group Inc. now owns 3,582,387 shares of the real estate investment trust’s stock worth $175,322,000 after purchasing an additional 1,236,781 shares in the last quarter. Institutional investors and hedge funds own 96.54% of the company’s stock.

Alexandria Real Estate Equities Price Performance

Shares of ARE stock opened at $55.13 on Friday. The firm has a market cap of $9.61 billion, a price-to-earnings ratio of -8.79, a PEG ratio of 6.69 and a beta of 1.19. Alexandria Real Estate Equities, Inc. has a 12 month low of $39.41 and a 12 month high of $88.24. The company has a quick ratio of 0.20, a current ratio of 0.20 and a debt-to-equity ratio of 0.65. The stock has a 50-day moving average price of $48.66 and a 200 day moving average price of $50.03.

Alexandria Real Estate Equities (NYSE:ARE) last released its earnings results on Monday, April 27th. The real estate investment trust reported $1.73 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.73. The company had revenue of $671.02 million for the quarter, compared to the consensus estimate of $684.78 million. Alexandria Real Estate Equities had a negative net margin of 36.03% and a negative return on equity of 5.21%. The company’s revenue was down 11.5% compared to the same quarter last year. During the same period in the prior year, the company posted $2.30 EPS. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.300-6.500 EPS. Research analysts expect that Alexandria Real Estate Equities, Inc. will post 6.4 EPS for the current year.

Alexandria Real Estate Equities Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be issued a $0.72 dividend. This represents a $2.88 annualized dividend and a yield of 5.2%. The ex-dividend date is Tuesday, June 30th. Alexandria Real Estate Equities’s dividend payout ratio is currently -45.93%.

Insider Buying and Selling at Alexandria Real Estate Equities

In other Alexandria Real Estate Equities news, 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 of the company’s stock, valued at approximately $2,328,108.20. The trade was a 1.10% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Marc E. Binda sold 2,000 shares of the company’s stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $54.00, for a total transaction of $108,000.00. Following the sale, the chief financial officer owned 188,264 shares of the company’s stock, valued at $10,166,256. The trade was a 1.05% 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. Company insiders own 1.35% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on ARE shares. Morgan Stanley restated an “underweight” rating and set a $53.00 target price on shares of Alexandria Real Estate Equities in a report on Thursday, June 11th. Royal Bank Of Canada decreased their price objective on shares of Alexandria Real Estate Equities from $60.00 to $50.00 and set a “sector perform” rating on the stock in a report on Tuesday, May 5th. Evercore boosted their target price on shares of Alexandria Real Estate Equities from $55.00 to $58.00 and gave the stock an “outperform” rating in a research note on Monday, June 8th. BMO Capital Markets upped their target price on shares of Alexandria Real Estate Equities from $52.00 to $54.00 and gave the stock a “market perform” rating in a research report on Friday, June 12th. Finally, Citigroup reissued an “outperform” rating on shares of Alexandria Real Estate Equities in a report on Monday, May 4th. Three research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $51.62.

Alexandria Real Estate Equities Profile

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.