GAMMA Investing LLC Has $54,000 Stake in Alexandria Real Estate Equities, Inc. $ARE

GAMMA Investing LLC decreased its position in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 59.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 743 shares of the real estate investment trust’s stock after selling 1,089 shares during the period. GAMMA Investing LLC’s holdings in Alexandria Real Estate Equities were worth $54,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of ARE. Tsfg LLC acquired a new stake in shares of Alexandria Real Estate Equities during the first quarter worth approximately $30,000. Avalon Trust Co acquired a new stake in shares of Alexandria Real Estate Equities in the first quarter valued at approximately $32,000. TruNorth Capital Management LLC acquired a new stake in Alexandria Real Estate Equities during the 1st quarter worth $34,000. Cromwell Holdings LLC acquired a new stake in Alexandria Real Estate Equities during the 1st quarter worth $36,000. Finally, AlphaQuest LLC grew its holdings in Alexandria Real Estate Equities by 370.5% during the 1st quarter. AlphaQuest LLC now owns 414 shares of the real estate investment trust’s stock worth $38,000 after acquiring an additional 326 shares during the period. Institutional investors and hedge funds own 96.54% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have commented on ARE shares. BMO Capital Markets started coverage on shares of Alexandria Real Estate Equities in a report on Tuesday, September 23rd. They set an “outperform” rating and a $100.00 target price for the company. 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. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Alexandria Real Estate Equities in a report on Saturday, September 27th. Mizuho reduced their price target on shares of Alexandria Real Estate Equities from $121.00 to $91.00 in a research report on Thursday, June 12th. Finally, BNP Paribas Exane reissued an “underperform” rating on shares of Alexandria Real Estate Equities in a research report on Wednesday. Four equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $96.60.

Alexandria Real Estate Equities Stock Up 0.2%

Alexandria Real Estate Equities stock opened at $83.83 on Friday. Alexandria Real Estate Equities, Inc. has a fifty-two week low of $67.37 and a fifty-two week high of $123.10. The firm has a market capitalization of $14.50 billion, a PE ratio of -644.85, a P/E/G ratio of 7.03 and a beta of 1.31. The company’s 50-day moving average is $80.98 and its 200-day moving average is $78.51. 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 results on Monday, July 21st. The real estate investment trust reported $2.33 EPS for the quarter, beating analysts’ consensus estimates 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 business had revenue of $737.28 million for the quarter, compared to analyst estimates of $748.02 million. During the same quarter in the prior year, the business earned $2.36 EPS. Alexandria Real Estate Equities’s quarterly revenue 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. Sell-side analysts anticipate that Alexandria Real Estate Equities, Inc. will post 9.32 earnings per share for the current year.

Alexandria Real Estate Equities Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th will be given a dividend of $1.32 per share. This represents a $5.28 dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date is Tuesday, September 30th. Alexandria Real Estate Equities’s dividend 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.