Fideuram Intesa Sanpaolo Private Banking S.P.A. Buys New Position in Alexandria Real Estate Equities, Inc. $ARE

Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new position in Alexandria Real Estate Equities, Inc. (NYSE:ARE) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 32,102 shares of the real estate investment trust’s stock, valued at approximately $1,490,000.

Several other large investors have also added to or reduced their stakes in the stock. SJS Investment Consulting Inc. increased its position in Alexandria Real Estate Equities by 38.7% during the 1st quarter. SJS Investment Consulting Inc. now owns 1,150 shares of the real estate investment trust’s stock valued at $53,000 after purchasing an additional 321 shares during the period. Inspire Investing LLC lifted its position in shares of Alexandria Real Estate Equities by 6.5% in the 1st quarter. Inspire Investing LLC now owns 24,075 shares of the real estate investment trust’s stock worth $1,118,000 after purchasing an additional 1,473 shares during the period. Fort Washington Investment Advisors Inc. OH lifted its position in shares of Alexandria Real Estate Equities by 3.8% in the 1st quarter. Fort Washington Investment Advisors Inc. OH now owns 542,555 shares of the real estate investment trust’s stock worth $25,185,000 after purchasing an additional 19,687 shares during the period. Louisiana State Employees Retirement System bought a new stake in shares of Alexandria Real Estate Equities during the 1st quarter valued at about $367,000. Finally, SG Americas Securities LLC boosted its stake in shares of Alexandria Real Estate Equities by 157.2% during the 1st quarter. SG Americas Securities LLC now owns 399,722 shares of the real estate investment trust’s stock valued at $18,555,000 after purchasing an additional 244,302 shares in the last quarter. Institutional investors own 96.54% of the company’s stock.

Alexandria Real Estate Equities Stock Down 0.1%

Shares of Alexandria Real Estate Equities stock opened at $52.54 on Friday. Alexandria Real Estate Equities, Inc. has a 1 year low of $39.41 and a 1 year high of $88.24. The firm has a market cap of $9.16 billion, a price-to-earnings ratio of -8.38, a PEG ratio of 6.37 and a beta of 1.17. The company has a 50-day moving average of $49.20 and a 200 day moving average of $50.29. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.20 and a quick ratio of 0.20.

Alexandria Real Estate Equities (NYSE:ARE) last posted its quarterly earnings data on Monday, April 27th. The real estate investment trust reported $1.73 EPS for the quarter, hitting the consensus estimate of $1.73. The business had revenue of $671.02 million for the quarter, compared to analyst estimates of $684.78 million. Alexandria Real Estate Equities had a negative net margin of 36.03% and a negative return on equity of 5.21%. Alexandria Real Estate Equities’s quarterly revenue was down 11.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.30 earnings per share. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.300-6.500 EPS. As a group, sell-side analysts anticipate 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 announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be issued a dividend of $0.72 per share. This represents a $2.88 annualized dividend and a dividend yield of 5.5%. The ex-dividend date is Tuesday, June 30th. Alexandria Real Estate Equities’s dividend payout ratio (DPR) is presently -45.93%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the stock. The Goldman Sachs Group reissued a “neutral” rating and issued a $52.00 price target on shares of Alexandria Real Estate Equities in a research note on Tuesday, May 19th. Citigroup reaffirmed an “outperform” rating on shares of Alexandria Real Estate Equities in a research report on Monday, May 4th. Evercore upped their target price on Alexandria Real Estate Equities from $58.00 to $60.00 and gave the stock an “outperform” rating in a report on Wednesday. Weiss Ratings restated a “sell (d)” rating on shares of Alexandria Real Estate Equities in a research note on Monday, April 20th. Finally, Jefferies Financial Group dropped their price target on Alexandria Real Estate Equities from $57.00 to $47.00 and set a “hold” rating on the stock in a research report on Tuesday, April 14th. Three investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $51.85.

Insider Buying and Selling

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

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.