MassMutual Private Wealth & Trust FSB Purchases 647 Shares of Alexandria Real Estate Equities, Inc. $ARE

MassMutual Private Wealth & Trust FSB grew its position in Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 124.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,168 shares of the real estate investment trust’s stock after acquiring an additional 647 shares during the period. MassMutual Private Wealth & Trust FSB’s holdings in Alexandria Real Estate Equities were worth $85,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Focus Partners Wealth bought a new position in Alexandria Real Estate Equities in the 4th quarter worth approximately $237,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Alexandria Real Estate Equities by 4.1% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,483 shares of the real estate investment trust’s stock worth $1,120,000 after purchasing an additional 454 shares during the last quarter. Tidal Investments LLC raised its position in Alexandria Real Estate Equities by 11.4% in the 4th quarter. Tidal Investments LLC now owns 18,729 shares of the real estate investment trust’s stock worth $1,827,000 after purchasing an additional 1,921 shares during the last quarter. Woodline Partners LP bought a new position in Alexandria Real Estate Equities in the 4th quarter worth approximately $907,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Alexandria Real Estate Equities by 1,038.4% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,610,074 shares of the real estate investment trust’s stock worth $157,063,000 after purchasing an additional 1,468,644 shares during the last quarter. Institutional investors own 96.54% of the company’s stock.

Alexandria Real Estate Equities Trading Down 1.0%

Shares of NYSE:ARE opened at $86.61 on Friday. The company’s 50-day moving average price is $80.03 and its two-hundred day moving average price is $79.56. 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, Inc. has a one year low of $67.37 and a one year high of $125.60. The stock has a market capitalization of $14.98 billion, a PE ratio of -666.19, a price-to-earnings-growth ratio of 7.35 and a beta of 1.30.

Alexandria Real Estate Equities (NYSE:ARE) last issued its quarterly earnings results on Monday, July 21st. The real estate investment trust reported $2.33 EPS for the quarter, topping the consensus estimate of $2.29 by $0.04. Alexandria Real Estate Equities had a negative net margin of 0.33% and a negative return on equity of 0.05%. The firm had revenue of $737.28 million for the quarter, compared to analysts’ expectations of $748.02 million. During the same period in the previous year, the firm posted $2.36 EPS. The company’s revenue for the quarter was down .6% on a year-over-year basis. Alexandria Real Estate Equities has set its FY 2025 guidance at 9.160-9.360 EPS. On average, 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 company also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th will be issued a $1.32 dividend. This represents a $5.28 dividend on an annualized basis and a dividend yield of 6.1%. The ex-dividend date of this dividend is Tuesday, September 30th. Alexandria Real Estate Equities’s dividend payout ratio is presently -4,061.54%.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. Evercore ISI upgraded shares of Alexandria Real Estate Equities from an “in-line” rating to an “outperform” rating and boosted their price objective for the stock from $91.00 to $104.00 in a research report on Monday, September 15th. Citigroup lowered their target price on shares of Alexandria Real Estate Equities from $110.00 to $74.00 in a report on Monday, June 2nd. Baird R W lowered their target price on shares of Alexandria Real Estate Equities from $129.00 to $102.00 in a report on Thursday, June 12th. Mizuho lowered their target price on shares of Alexandria Real Estate Equities from $121.00 to $91.00 in a report on Thursday, June 12th. Finally, Royal Bank Of Canada lowered their target price on shares of Alexandria Real Estate Equities from $100.00 to $98.00 and set a “sector perform” rating for the company in a report on Tuesday, July 29th. Three analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $98.25.

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.