Fairtree Asset Management Pty Ltd Purchases New Holdings in Alexandria Real Estate Equities, Inc. $ARE

Fairtree Asset Management Pty Ltd purchased a new stake in Alexandria Real Estate Equities, Inc. (NYSE:ARE) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 15,147 shares of the real estate investment trust’s stock, valued at approximately $801,000.

Other institutional investors have also recently made changes to their positions in the company. BlackRock Inc. acquired a new position in Alexandria Real Estate Equities during the second quarter worth $1,146,423,000. Norges Bank acquired a new stake in Alexandria Real Estate Equities in the fourth quarter valued at $805,429,000. State Street Corp grew its position in shares of Alexandria Real Estate Equities by 0.7% in the 4th quarter. State Street Corp now owns 11,348,192 shares of the real estate investment trust’s stock valued at $563,418,000 after acquiring an additional 75,161 shares during the period. Invesco Ltd. grew its position in shares of Alexandria Real Estate Equities by 57.9% in 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 acquiring an additional 2,211,424 shares during the period. Finally, Geode Capital Management LLC increased its stake in shares of Alexandria Real Estate Equities by 1.1% during the 4th quarter. Geode Capital Management LLC now owns 4,459,453 shares of the real estate investment trust’s stock worth $217,466,000 after purchasing an additional 48,490 shares during the last quarter. Institutional investors and hedge funds own 96.54% of the company’s stock.

Insider Transactions at Alexandria Real Estate Equities

In other Alexandria Real Estate Equities news, Chairman Joel S. Marcus acquired 5,000 shares of the company’s stock in a transaction on Monday, August 17th. The stock was acquired at an average price of $46.28 per share, for a total transaction of $231,400.00. Following the purchase, the chairman directly owned 592,724 shares of the company’s stock, valued at $27,431,266.72. This trade represents a 0.85% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Marc E. Binda sold 2,000 shares of the business’s stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $54.00, for a total transaction of $108,000.00. Following the completion of the sale, the chief financial officer directly owned 188,264 shares of the company’s stock, valued at $10,166,256. This represents a 1.05% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.35% of the stock is currently owned by company insiders.

Alexandria Real Estate Equities Stock Performance

NYSE:ARE opened at $53.03 on Friday. The stock has a market cap of $9.24 billion, a P/E ratio of -8.75 and a beta of 1.15. The stock has a 50 day simple moving average of $50.57 and a 200 day simple moving average of $49.60. The company has a current ratio of 0.19, a quick ratio of 0.19 and a debt-to-equity ratio of 0.67. Alexandria Real Estate Equities, Inc. has a 1-year low of $39.41 and a 1-year high of $88.24.

Alexandria Real Estate Equities (NYSE:ARE) last issued its quarterly earnings data on Monday, August 3rd. The real estate investment trust reported ($0.43) EPS for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.52). The firm had revenue of $662.78 million during the quarter, compared to analyst estimates of $464.86 million. Alexandria Real Estate Equities had a negative net margin of 36.08% and a negative return on equity of 5.21%. The business’s quarterly revenue was down 13.0% compared to the same quarter last year. During the same period in the prior year, the company earned $2.33 earnings per share. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.350-6.450 EPS. Research analysts anticipate that Alexandria Real Estate Equities, Inc. will post 6.38 earnings per share for the current year.

Alexandria Real Estate Equities Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were paid a $0.72 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $2.88 annualized dividend and a dividend yield of 5.4%. Alexandria Real Estate Equities’s dividend payout ratio is -47.52%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on ARE shares. Citizens Jmp reiterated a “market perform” rating on shares of Alexandria Real Estate Equities in a research note on Monday. BMO Capital Markets boosted their price target on 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. Citigroup upped their price objective on Alexandria Real Estate Equities from $42.00 to $50.00 and gave the company a “neutral” rating in a research note on Monday, August 10th. Cantor Fitzgerald raised their price objective on Alexandria Real Estate Equities from $43.00 to $52.00 and gave the company a “neutral” rating in a research report on Wednesday, August 5th. Finally, Mizuho reduced their target price on Alexandria Real Estate Equities from $70.00 to $60.00 and set an “outperform” rating for the company in a research note on Monday, July 6th. Two equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average price target of $52.38.

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.