Paralel Advisors LLC purchased a new stake in Alexandria Real Estate Equities, Inc. (NYSE:ARE – Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 35,000 shares of the real estate investment trust’s stock, valued at approximately $1,850,000.
Other institutional investors also recently modified their holdings of the company. Farther Finance Advisors LLC boosted its stake in Alexandria Real Estate Equities by 18.1% in the fourth quarter. Farther Finance Advisors LLC now owns 1,228 shares of the real estate investment trust’s stock valued at $60,000 after buying an additional 188 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in 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. New Mexico Educational Retirement Board raised its stake in Alexandria Real Estate Equities by 2.9% during the fourth quarter. New Mexico Educational Retirement Board now owns 7,200 shares of the real estate investment trust’s stock worth $352,000 after acquiring an additional 200 shares in the last quarter. CIBC Private Wealth Group LLC lifted its holdings in shares of Alexandria Real Estate Equities by 109.6% in the third quarter. CIBC Private Wealth Group LLC now owns 436 shares of the real estate investment trust’s stock worth $36,000 after acquiring an additional 228 shares during the last quarter. Finally, Quarry LP lifted its holdings in shares of Alexandria Real Estate Equities by 33.9% in the fourth quarter. Quarry LP now owns 991 shares of the real estate investment trust’s stock worth $48,000 after acquiring an additional 251 shares during the last quarter. Institutional investors and hedge funds own 96.54% of the company’s stock.
Insider Buying and Selling at Alexandria Real Estate Equities
In related news, CFO Marc E. Binda sold 2,000 shares of the firm’s stock in a transaction on Tuesday, June 9th. The stock was sold at an average price of $54.00, for a total transaction of $108,000.00. Following the completion of the transaction, the chief financial officer directly owned 188,264 shares of the company’s stock, valued at $10,166,256. This trade represents a 1.05% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Chairman Joel S. Marcus bought 5,000 shares of the business’s stock in a transaction on Monday, August 17th. The shares were bought at an average cost of $46.28 per share, for a total transaction of $231,400.00. Following the completion of the acquisition, the chairman directly owned 592,724 shares in the company, valued at approximately $27,431,266.72. This trade represents a 0.85% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 1.35% of the stock is owned by company insiders.
Wall Street Analysts Forecast Growth
View Our Latest Stock Report on Alexandria Real Estate Equities
Alexandria Real Estate Equities Trading Up 4.9%
ARE opened at $53.03 on Friday. Alexandria Real Estate Equities, Inc. has a fifty-two week low of $39.41 and a fifty-two week high of $88.24. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.19 and a quick ratio of 0.19. The firm has a market capitalization of $9.24 billion, a price-to-earnings ratio of -8.75 and a beta of 1.15. The company’s 50 day moving average price is $50.57 and its two-hundred day moving average price is $49.60.
Alexandria Real Estate Equities (NYSE:ARE – Get Free Report) last announced its quarterly earnings results on Monday, August 3rd. The real estate investment trust reported ($0.43) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.09 by ($0.52). The business 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 company’s revenue was down 13.0% compared to the same quarter last year. During the same quarter last year, the company posted $2.33 earnings per share. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.350-6.450 EPS. As a group, research analysts predict that Alexandria Real Estate Equities, Inc. will post 6.38 earnings per share for the current year.
Alexandria Real Estate Equities Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were issued a $0.72 dividend. This represents a $2.88 dividend on an annualized basis and a yield of 5.4%. The ex-dividend date was Tuesday, June 30th. Alexandria Real Estate Equities’s dividend payout ratio is presently -47.52%.
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.
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