Alexandria Real Estate Equities, Inc. $ARE Shares Sold by Motley Fool Wealth Management LLC

Motley Fool Wealth Management LLC lowered its holdings in Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 24.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 34,276 shares of the real estate investment trust’s stock after selling 11,237 shares during the quarter. Motley Fool Wealth Management LLC’s holdings in Alexandria Real Estate Equities were worth $1,677,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. DNB Asset Management AS increased its stake in shares of Alexandria Real Estate Equities by 121.4% in the third quarter. DNB Asset Management AS now owns 92,657 shares of the real estate investment trust’s stock worth $7,722,000 after acquiring an additional 50,810 shares during the period. Cbre Investment Management Listed Real Assets LLC grew its position in Alexandria Real Estate Equities by 159.3% during the third quarter. Cbre Investment Management Listed Real Assets LLC now owns 491,416 shares of the real estate investment trust’s stock valued at $40,955,000 after buying an additional 301,906 shares during the period. Gradient Investments LLC grew its position in Alexandria Real Estate Equities by 1,453.9% during the fourth quarter. Gradient Investments LLC now owns 257,838 shares of the real estate investment trust’s stock valued at $12,619,000 after buying an additional 241,245 shares during the period. Oppenheimer Asset Management Inc. grew its position in Alexandria Real Estate Equities by 186.8% during the third quarter. Oppenheimer Asset Management Inc. now owns 58,449 shares of the real estate investment trust’s stock valued at $4,871,000 after buying an additional 38,071 shares during the period. Finally, GSI Capital Advisors LLC acquired a new stake in Alexandria Real Estate Equities during the third quarter valued at $3,791,000. Institutional investors and hedge funds own 96.54% of the company’s stock.

Alexandria Real Estate Equities Stock Up 5.3%

Shares of NYSE ARE opened at $52.93 on Wednesday. The company’s 50-day simple moving average is $46.69 and its 200-day simple moving average is $49.93. Alexandria Real Estate Equities, Inc. has a 52-week low of $39.41 and a 52-week high of $88.24. The firm has a market cap of $9.22 billion, a price-to-earnings ratio of -8.44, a price-to-earnings-growth ratio of 6.09 and a beta of 1.19. 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 (NYSE:ARE) last announced its earnings results on Monday, April 27th. The real estate investment trust reported $1.73 earnings per share (EPS) for the quarter, meeting 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 business had revenue of $671.02 million for the quarter, compared to analyst estimates of $684.78 million. During the same quarter last year, the business earned $2.30 earnings per share. The company’s revenue for the quarter was down 11.5% compared to the same quarter last year. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.300-6.500 EPS. Equities analysts predict that Alexandria Real Estate Equities, Inc. will post 6.4 EPS for the current fiscal year.

Alexandria Real Estate Equities Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be paid a $0.72 dividend. This represents a $2.88 annualized dividend and a dividend yield of 5.4%. The ex-dividend date of this dividend is Tuesday, June 30th. Alexandria Real Estate Equities’s dividend payout ratio (DPR) is currently -45.93%.

Insider Transactions at Alexandria Real Estate Equities

In other Alexandria Real Estate Equities news, EVP Gregory Calvin Thomas purchased 3,500 shares of the firm’s stock in a transaction dated Thursday, April 30th. The shares were purchased 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 owned 33,024 shares in the company, valued at approximately $1,353,984. This represents a 11.85% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Also, EVP Hallie E. Kuhn sold 536 shares of the firm’s stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $48.20, for a total transaction of $25,835.20. Following the completion of the transaction, the executive vice president directly owned 48,301 shares in the company, valued at approximately $2,328,108.20. This represents a 1.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 1.35% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. Cantor Fitzgerald dropped 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 report on Wednesday, April 29th. Evercore raised their price target on shares of Alexandria Real Estate Equities from $55.00 to $58.00 and gave the company an “outperform” rating in a research report on Monday. JPMorgan Chase & Co. dropped their price target on shares of Alexandria Real Estate Equities from $63.00 to $57.00 and set a “neutral” rating on the stock in a research report on Tuesday, March 10th. BMO Capital Markets restated a “market perform” rating and set a $52.00 price target (down from $65.00) on shares of Alexandria Real Estate Equities in a research report on Wednesday, March 25th. Finally, BNP Paribas Exane dropped 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 report on Tuesday, April 28th. Three investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, Alexandria Real Estate Equities presently has a consensus rating of “Hold” and a consensus target price of $51.46.

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.