RWC Asset Management LLP Makes New Investment in Alexandria Real Estate Equities, Inc. $ARE

RWC Asset Management LLP bought a new position in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 121,492 shares of the real estate investment trust’s stock, valued at approximately $5,766,000. RWC Asset Management LLP owned approximately 0.07% of Alexandria Real Estate Equities at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of ARE. BlackRock Inc. acquired a new position in shares of Alexandria Real Estate Equities during the second quarter worth about $1,146,423,000. Dimensional Fund Advisors LP raised its position in Alexandria Real Estate Equities by 2.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,297,222 shares of the real estate investment trust’s stock valued at $106,638,000 after buying an additional 52,733 shares during the last quarter. Bank of New York Mellon Corp acquired a new stake in Alexandria Real Estate Equities in the 2nd quarter valued at approximately $79,253,000. Legal & General Group Plc bought a new stake in Alexandria Real Estate Equities in the 2nd quarter valued at approximately $76,647,000. Finally, Hsbc Holdings PLC bought a new stake in Alexandria Real Estate Equities in the 2nd quarter valued at approximately $64,485,000. Institutional investors and hedge funds own 96.54% of the company’s stock.

Insider Buying and Selling at Alexandria Real Estate Equities

In other news, Chairman Joel S. Marcus acquired 5,000 shares of the firm’s stock in a transaction dated Friday, September 11th. The stock was bought at an average price of $49.68 per share, with a total value of $248,400.00. Following the transaction, the chairman directly owned 597,724 shares in the company, valued at approximately $29,694,928.32. The trade was a 0.84% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CAO Andres Gavinet sold 10,000 shares of the business’s stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $50.93, for a total transaction of $509,300.00. Following the transaction, the chief accounting officer owned 102,516 shares in the company, valued at $5,221,139.88. This represents a 8.89% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 1.35% of the company’s stock.

Wall Street Analyst Weigh In

ARE has been the subject of several research reports. Evercore reaffirmed an “outperform” rating and set a $59.00 price target on shares of Alexandria Real Estate Equities in a research note on Monday, September 21st. Royal Bank Of Canada set a $41.00 price objective on shares of Alexandria Real Estate Equities in a research report on Monday, October 12th. Zacks Research upgraded shares of Alexandria Real Estate Equities from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 19th. Citizens Jmp reaffirmed a “market perform” rating on shares of Alexandria Real Estate Equities in a research report on Monday, August 17th. Finally, Raymond James Financial set a $41.00 price target on shares of Alexandria Real Estate Equities in a research note on Monday, October 12th. Two research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Reduce” and an average price target of $50.86.

Alexandria Real Estate Equities Stock Down 0.9%

Shares of NYSE:ARE traded down $0.41 during trading on Friday, hitting $42.92. 2,512,398 shares of the company were exchanged, compared to its average volume of 2,241,710. The stock has a market cap of $7.48 billion, a price-to-earnings ratio of -7.08 and a beta of 1.16. Alexandria Real Estate Equities, Inc. has a fifty-two week low of $39.41 and a fifty-two week high of $78.51. The firm has a fifty day moving average price of $48.99 and a two-hundred day moving average price of $48.95. 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 (NYSE:ARE) last announced its quarterly earnings data on Monday, August 3rd. The real estate investment trust reported ($0.43) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.52). Alexandria Real Estate Equities had a negative return on equity of 5.21% and a negative net margin of 36.08%. The company had revenue of $662.78 million for the quarter, compared to the consensus estimate of $464.86 million. During the same quarter in the prior year, the company earned $2.33 EPS. The company’s revenue for the quarter was down 13.0% on a year-over-year basis. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.350-6.450 EPS. As a group, research analysts anticipate that Alexandria Real Estate Equities, Inc. will post 6.39 earnings per share for the current fiscal year.

Alexandria Real Estate Equities Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th were paid a $0.72 dividend. The ex-dividend date was Wednesday, September 30th. This represents a $2.88 dividend on an annualized basis and a yield of 6.7%. Alexandria Real Estate Equities’s dividend payout ratio (DPR) is currently -47.52%.

Alexandria Real Estate Equities Profile

Alexandria Real Estate Equities, Inc (NYSE:ARE) is a real estate investment trust that owns, operates and develops collaborative life science, agtech and advanced technology campuses. Its properties are designed for companies, research institutions and government agencies engaged in biotechnology, pharmaceuticals, medical devices, agriculture technology and related fields.

The company provides laboratory, office and research space, along with supporting amenities and infrastructure intended to foster collaboration among its tenants.