TD Private Client Wealth LLC Sells 23,168 Shares of Alexandria Real Estate Equities, Inc. $ARE

TD Private Client Wealth LLC cut its stake in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 96.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 970 shares of the real estate investment trust’s stock after selling 23,168 shares during the quarter. TD Private Client Wealth LLC’s holdings in Alexandria Real Estate Equities were worth $47,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in ARE. Avalon Trust Co purchased a new position in shares of Alexandria Real Estate Equities during the third quarter worth approximately $29,000. Cornerstone Planning Group LLC raised its stake in shares of Alexandria Real Estate Equities by 5,916.7% during the third quarter. Cornerstone Planning Group LLC now owns 361 shares of the real estate investment trust’s stock worth $30,000 after acquiring an additional 355 shares in the last quarter. CYBER HORNET ETFs LLC purchased a new position in shares of Alexandria Real Estate Equities during the second quarter worth approximately $30,000. BOKF NA raised its stake in shares of Alexandria Real Estate Equities by 6,033.3% during the third quarter. BOKF NA now owns 368 shares of the real estate investment trust’s stock worth $31,000 after acquiring an additional 362 shares in the last quarter. Finally, MUFG Securities EMEA plc purchased a new position in shares of Alexandria Real Estate Equities during the second quarter worth approximately $33,000. 96.54% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts have commented on ARE shares. Cantor Fitzgerald decreased their price target on shares of Alexandria Real Estate Equities from $60.00 to $43.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 29th. Morgan Stanley decreased their price target on shares of Alexandria Real Estate Equities from $55.00 to $54.00 and set an “equal weight” rating on the stock in a research note on Monday, February 9th. Jefferies Financial Group decreased their price target on shares of Alexandria Real Estate Equities from $57.00 to $47.00 and set a “hold” rating on the stock in a research note on Tuesday, April 14th. BNP Paribas Exane decreased their price target on shares of Alexandria Real Estate Equities from $50.00 to $44.00 and set an “underperform” rating on the stock in a research note on Tuesday, April 28th. Finally, Citigroup reissued an “outperform” rating on shares of Alexandria Real Estate Equities in a research note on Monday, May 4th. Three analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Alexandria Real Estate Equities has an average rating of “Hold” and a consensus target price of $51.31.

Insider Buying and Selling

In other news, EVP Gregory Calvin Thomas bought 3,500 shares of the firm’s stock in a transaction that occurred on Thursday, April 30th. The shares were bought at an average cost of $41.00 per share, with a total value of $143,500.00. Following the completion of the purchase, the executive vice president directly owned 33,024 shares in the company, valued at $1,353,984. This represents a 11.85% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at this link. Also, Chairman Joel S. Marcus bought 7,500 shares of the firm’s stock in a transaction that occurred on Tuesday, May 5th. The stock was purchased at an average cost of $42.72 per share, for a total transaction of $320,400.00. Following the completion of the purchase, the chairman owned 587,724 shares of the company’s stock, valued at $25,107,569.28. This trade represents a 1.29% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 1.35% of the stock is owned by insiders.

Alexandria Real Estate Equities Stock Up 1.1%

Shares of NYSE ARE opened at $48.36 on Friday. The company has a quick ratio of 0.20, a current ratio of 0.20 and a debt-to-equity ratio of 0.65. Alexandria Real Estate Equities, Inc. has a 52 week low of $39.41 and a 52 week high of $88.24. The firm’s fifty day moving average is $46.12 and its 200 day moving average is $50.17. The company has a market cap of $8.43 billion, a price-to-earnings ratio of -7.71, a PEG ratio of 5.86 and a beta of 1.12.

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

Alexandria Real Estate Equities Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were paid a $0.72 dividend. This represents a $2.88 annualized dividend and a dividend yield of 6.0%. The ex-dividend date of this dividend was Tuesday, March 31st. Alexandria Real Estate Equities’s payout ratio is presently -45.93%.

About Alexandria Real Estate Equities

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.