Czech National Bank Buys 2,250 Shares of Alexandria Real Estate Equities, Inc. $ARE

Czech National Bank raised its holdings in Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 6.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 37,633 shares of the real estate investment trust’s stock after purchasing an additional 2,250 shares during the quarter. Czech National Bank’s holdings in Alexandria Real Estate Equities were worth $2,733,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the company. MassMutual Private Wealth & Trust FSB lifted its holdings in Alexandria Real Estate Equities by 124.2% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 1,168 shares of the real estate investment trust’s stock valued at $85,000 after purchasing an additional 647 shares during the last quarter. Parallel Advisors LLC raised its holdings in shares of Alexandria Real Estate Equities by 130.1% in the 2nd quarter. Parallel Advisors LLC now owns 3,948 shares of the real estate investment trust’s stock valued at $287,000 after acquiring an additional 2,232 shares in the last quarter. Investors Research Corp raised its holdings in shares of Alexandria Real Estate Equities by 17,580.6% in the 2nd quarter. Investors Research Corp now owns 10,962 shares of the real estate investment trust’s stock valued at $796,000 after acquiring an additional 10,900 shares in the last quarter. Teamwork Financial Advisors LLC increased its position in shares of Alexandria Real Estate Equities by 34.2% during the 2nd quarter. Teamwork Financial Advisors LLC now owns 17,614 shares of the real estate investment trust’s stock valued at $1,279,000 after purchasing an additional 4,484 shares during the last quarter. Finally, Kera Capital Partners Inc. increased its position in shares of Alexandria Real Estate Equities by 69.2% during the 2nd quarter. Kera Capital Partners Inc. now owns 4,735 shares of the real estate investment trust’s stock valued at $344,000 after purchasing an additional 1,936 shares during the last quarter. Institutional investors own 96.54% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have commented on ARE. Baird R W decreased their price target on Alexandria Real Estate Equities from $129.00 to $102.00 in a research note on Thursday, June 12th. Royal Bank Of Canada dropped their price target on Alexandria Real Estate Equities from $100.00 to $98.00 and set a “sector perform” rating on the stock in a research report on Tuesday, July 29th. Citigroup dropped their price target on Alexandria Real Estate Equities from $110.00 to $74.00 in a research report on Monday, June 2nd. Mizuho dropped their price target on Alexandria Real Estate Equities from $121.00 to $91.00 in a research report on Thursday, June 12th. Finally, Evercore ISI upgraded Alexandria Real Estate Equities from an “in-line” rating to an “outperform” rating and lifted their price target for the company from $91.00 to $104.00 in a research report on Monday, September 15th. Three investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $98.25.

Alexandria Real Estate Equities Trading Down 1.0%

Shares of NYSE ARE opened at $86.61 on Friday. The business has a fifty day moving average price of $80.03 and a 200 day moving average price of $79.56. Alexandria Real Estate Equities, Inc. has a 1-year low of $67.37 and a 1-year high of $125.60. The stock has a market capitalization of $14.98 billion, a P/E ratio of -666.19, a price-to-earnings-growth ratio of 7.35 and a beta of 1.30. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.23 and a quick ratio of 0.23.

Alexandria Real Estate Equities (NYSE:ARE) last announced its quarterly earnings data on Monday, July 21st. The real estate investment trust reported $2.33 earnings per share for the quarter, beating analysts’ consensus estimates of $2.29 by $0.04. The business had revenue of $737.28 million for the quarter, compared to analyst estimates of $748.02 million. Alexandria Real Estate Equities had a negative return on equity of 0.05% and a negative net margin of 0.33%.The company’s revenue was down .6% on a year-over-year basis. During the same period in the prior year, the company earned $2.36 earnings per share. Alexandria Real Estate Equities has set its FY 2025 guidance at 9.160-9.360 EPS. Equities research analysts expect that Alexandria Real Estate Equities, Inc. will post 9.32 EPS for the current fiscal year.

Alexandria Real Estate Equities Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th will be paid a $1.32 dividend. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $5.28 dividend on an annualized basis and a dividend yield of 6.1%. Alexandria Real Estate Equities’s payout ratio is presently -4,061.54%.

Alexandria Real Estate Equities 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.