Voss Capital LP Invests $3.67 Million in Alexandria Real Estate Equities, Inc. $ARE

Voss Capital LP purchased a new position in Alexandria Real Estate Equities, Inc. (NYSE:ARE) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 75,000 shares of the real estate investment trust’s stock, valued at approximately $3,670,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Alexandria Real Estate Equities by 2.7% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,863,345 shares of the real estate investment trust’s stock worth $91,192,000 after buying an additional 49,390 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd boosted its stake in shares of Alexandria Real Estate Equities by 59.9% in the 4th quarter. Clal Insurance Enterprises Holdings Ltd now owns 918,000 shares of the real estate investment trust’s stock worth $45,149,000 after buying an additional 344,000 shares during the last quarter. CI Investments Inc. boosted its stake in shares of Alexandria Real Estate Equities by 23.2% in the 4th quarter. CI Investments Inc. now owns 291,611 shares of the real estate investment trust’s stock worth $14,271,000 after buying an additional 54,971 shares during the last quarter. Federation des caisses Desjardins du Quebec boosted its stake in shares of Alexandria Real Estate Equities by 78.5% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 26,791 shares of the real estate investment trust’s stock worth $1,311,000 after buying an additional 11,785 shares during the last quarter. Finally, DRW Securities LLC boosted its stake in shares of Alexandria Real Estate Equities by 12.3% in the 4th quarter. DRW Securities LLC now owns 5,138 shares of the real estate investment trust’s stock worth $251,000 after buying an additional 564 shares during the last quarter. 96.54% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, CFO Marc E. Binda sold 2,000 shares of the business’s stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $54.00, for a total value of $108,000.00. Following the transaction, the chief financial officer directly owned 188,264 shares in the company, valued at $10,166,256. The trade was a 1.05% decrease in their ownership of the stock. The sale was disclosed in a legal filing 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, EVP Hallie E. Kuhn sold 536 shares of the business’s stock in a transaction dated Friday, April 17th. The shares were sold at an average price of $48.20, for a total value of $25,835.20. Following the completion of the transaction, the executive vice president owned 48,301 shares in the company, valued at $2,328,108.20. The trade was a 1.10% decrease in their ownership of the stock. 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. Corporate insiders own 1.35% of the company’s stock.

Alexandria Real Estate Equities Price Performance

Shares of Alexandria Real Estate Equities stock opened at $53.15 on Friday. The stock’s 50-day simple moving average is $47.14 and its 200-day simple moving average is $49.99. Alexandria Real Estate Equities, Inc. has a 52 week low of $39.41 and a 52 week high of $88.24. The company has a market capitalization of $9.26 billion, a price-to-earnings ratio of -8.48, a PEG ratio of 6.39 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 quarterly earnings data on Monday, April 27th. The real estate investment trust reported $1.73 EPS for the quarter, meeting the consensus estimate of $1.73. Alexandria Real Estate Equities had a negative return on equity of 5.21% and a negative net margin of 36.03%.The business 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 business earned $2.30 earnings per share. The business’s revenue 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. As a group, analysts expect that Alexandria Real Estate Equities, Inc. will post 6.4 earnings per share for the current fiscal year.

Alexandria Real Estate Equities Announces Dividend

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

Analyst Ratings Changes

Several equities analysts recently weighed in on the company. Royal Bank Of Canada lowered their target price on Alexandria Real Estate Equities from $60.00 to $50.00 and set a “sector perform” rating on the stock in a research report on Tuesday, May 5th. Robert W. Baird reiterated a “neutral” rating and set a $46.00 target price (down from $67.00) on shares of Alexandria Real Estate Equities in a research report on Monday, May 4th. Morgan Stanley reiterated an “underweight” rating and set a $53.00 target price on shares of Alexandria Real Estate Equities in a research report on Thursday. BNP Paribas Exane lowered their target price on 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. Finally, JPMorgan Chase & Co. lowered their target price on 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. Three research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Alexandria Real Estate Equities currently has a consensus rating of “Hold” and a consensus price target of $51.62.

Alexandria Real Estate Equities Company 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.