Rep. Robert Bresnahan, Jr. Sells Off Shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE)

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE). In a filing disclosed on June 09th, the Representative disclosed that they had sold between $1,001 and $15,000 in Alexandria Real Estate Equities stock on May 15th. The trade occurred in the Representative’s “JP MORGAN BROKERAGE ACCOUNT” account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Zoom Communications (NASDAQ:ZM) on 6/25/2025.
• Purchased $1,001 – $15,000 in shares of Coinbase Global (NASDAQ:COIN) on 6/24/2025.
• Purchased $1,001 – $15,000 in shares of Circle Internet Group (NYSE:CRCL) on 6/24/2025.
• Sold $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 6/23/2025.
• Sold $1,001 – $15,000 in shares of Chubb (NYSE:CB) on 6/13/2025.
• Sold $1,001 – $15,000 in shares of Atlassian (NASDAQ:TEAM) on 6/11/2025.
• Purchased $1,001 – $15,000 in shares of ServiceTitan (NASDAQ:TTAN) on 6/11/2025.
• Sold $1,001 – $15,000 in shares of Datadog (NASDAQ:DDOG) on 6/11/2025.
• Sold $1,001 – $15,000 in shares of GitLab (NASDAQ:GTLB) on 6/11/2025.
• Purchased $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 6/11/2025.

Alexandria Real Estate Equities Trading Down 2.1%

NYSE ARE opened at $76.41 on Friday. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.61. Alexandria Real Estate Equities, Inc. has a 12 month low of $67.37 and a 12 month high of $125.63. The stock has a market cap of $13.22 billion, a P/E ratio of -587.76, a P/E/G ratio of 6.57 and a beta of 1.25. The stock’s fifty day moving average price is $74.68 and its 200-day moving average price is $83.97.

Alexandria Real Estate Equities (NYSE:ARE) last announced its earnings results on Monday, July 21st. The real estate investment trust reported $2.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.29 by $0.04. Alexandria Real Estate Equities had a negative return on equity of 0.05% and a negative net margin of 0.33%. The business had revenue of $737.28 million for the quarter, compared to analysts’ expectations of $748.02 million. During the same period last year, the firm posted $2.36 earnings per share. The business’s revenue for the quarter was down .6% on a year-over-year basis. As a group, equities analysts forecast that Alexandria Real Estate Equities, Inc. will post 9.32 EPS for the current fiscal year.

Alexandria Real Estate Equities Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th were paid a $1.32 dividend. This represents a $5.28 dividend on an annualized basis and a dividend yield of 6.9%. The ex-dividend date of this dividend was Monday, June 30th. Alexandria Real Estate Equities’s dividend payout ratio is currently -4,061.54%.

Wall Street Analyst Weigh In

ARE has been the topic of several recent analyst reports. BNP Paribas Exane decreased their target price on Alexandria Real Estate Equities from $111.00 to $85.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 29th. Jefferies Financial Group dropped their price target on shares of Alexandria Real Estate Equities from $100.00 to $82.00 in a research note on Friday, April 11th. Wedbush dropped their price objective on Alexandria Real Estate Equities from $104.00 to $76.00 and set a “neutral” rating for the company in a report on Wednesday, April 30th. Baird R W decreased their target price on Alexandria Real Estate Equities from $129.00 to $102.00 in a research report on Thursday, June 12th. Finally, Wall Street Zen raised Alexandria Real Estate Equities from a “sell” rating to a “hold” rating in a research report on Thursday, April 3rd. Ten analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $97.17.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC increased its position in shares of Alexandria Real Estate Equities by 57.7% during the fourth quarter. EverSource Wealth Advisors LLC now owns 298 shares of the real estate investment trust’s stock worth $29,000 after purchasing an additional 109 shares in the last quarter. Colonial Trust Co SC increased its position in Alexandria Real Estate Equities by 514.3% during the 4th quarter. Colonial Trust Co SC now owns 301 shares of the real estate investment trust’s stock worth $29,000 after purchasing an additional 252 shares during the period. Tsfg LLC acquired a new position in Alexandria Real Estate Equities during the 1st quarter worth approximately $30,000. Sound Income Strategies LLC acquired a new position in Alexandria Real Estate Equities during the 2nd quarter worth approximately $25,000. Finally, Avalon Trust Co acquired a new position in Alexandria Real Estate Equities during the 1st quarter worth approximately $32,000. 96.54% of the stock is currently owned by hedge funds and other institutional investors.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania’s 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania’s 8th Congressional District. He declared candidacy for the 2026 election.

Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

Alexandria Real Estate Equities Company Profile

Alexandria Real Estate Equities, Inc (NYSE: ARE), an S&P 500 company, is a best-in-class, mission-driven life science REIT making a positive and lasting impact on the world. As the pioneer of the life science real estate niche since our founding in 1994, Alexandria is the preeminent and longest-tenured owner, operator, and developer of collaborative life science, agtech, and advanced technology mega campuses in AAA innovation cluster locations, including Greater Boston, the San Francisco Bay Area, New York City, San Diego, Seattle, Maryland, and Research Triangle.