Signaturefd LLC Sells 1,670 Shares of Alexandria Real Estate Equities, Inc. $ARE

Signaturefd LLC decreased its holdings in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 71.7% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 660 shares of the real estate investment trust’s stock after selling 1,670 shares during the period. Signaturefd LLC’s holdings in Alexandria Real Estate Equities were worth $48,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. Private Trust Co. NA lifted its stake in Alexandria Real Estate Equities by 19.2% during the first quarter. Private Trust Co. NA now owns 925 shares of the real estate investment trust’s stock worth $86,000 after purchasing an additional 149 shares during the last quarter. Farther Finance Advisors LLC lifted its stake in Alexandria Real Estate Equities by 16.4% during the first quarter. Farther Finance Advisors LLC now owns 1,084 shares of the real estate investment trust’s stock worth $99,000 after purchasing an additional 153 shares during the last quarter. Presima Securities ULC lifted its stake in Alexandria Real Estate Equities by 1.4% during the first quarter. Presima Securities ULC now owns 11,895 shares of the real estate investment trust’s stock worth $1,100,000 after purchasing an additional 170 shares during the last quarter. CX Institutional lifted its stake in Alexandria Real Estate Equities by 13.8% during the second quarter. CX Institutional now owns 1,445 shares of the real estate investment trust’s stock worth $105,000 after purchasing an additional 175 shares during the last quarter. Finally, Investor s Fiduciary Advisor Network LLC lifted its stake in Alexandria Real Estate Equities by 3.8% during the first quarter. Investor s Fiduciary Advisor Network LLC now owns 4,941 shares of the real estate investment trust’s stock worth $457,000 after purchasing an additional 180 shares during the last quarter. Institutional investors own 96.54% of the company’s stock.

Alexandria Real Estate Equities Stock Down 4.6%

Shares of NYSE:ARE opened at $79.98 on Tuesday. Alexandria Real Estate Equities, Inc. has a 1 year low of $67.37 and a 1 year high of $123.10. The company has a market cap of $13.83 billion, a PE ratio of -615.23, a P/E/G ratio of 7.04 and a beta of 1.31. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.23 and a quick ratio of 0.23. The stock’s 50-day moving average is $81.00 and its 200 day moving average is $78.13.

Alexandria Real Estate Equities (NYSE:ARE) last announced its quarterly earnings results on Monday, July 21st. The real estate investment trust reported $2.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 company had revenue of $737.28 million for the quarter, compared to the consensus estimate of $748.02 million. During the same quarter in the previous year, the business earned $2.36 EPS. Alexandria Real Estate Equities’s revenue was down .6% compared to the same quarter last year. 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 EPS for the current year.

Alexandria Real Estate Equities Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th will be issued a dividend of $1.32 per share. The ex-dividend date is Tuesday, September 30th. This represents a $5.28 dividend on an annualized basis and a dividend yield of 6.6%. Alexandria Real Estate Equities’s dividend payout ratio is -4,061.54%.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on ARE shares. Cantor Fitzgerald set a $88.00 price target on Alexandria Real Estate Equities and gave the stock a “neutral” rating in a research note on Wednesday, October 1st. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Alexandria Real Estate Equities in a research note on Saturday, September 27th. Mizuho lowered their target price on Alexandria Real Estate Equities from $121.00 to $91.00 in a research note on Thursday, June 12th. BNP Paribas lowered Alexandria Real Estate Equities from a “hold” rating to a “strong sell” rating and set a $82.00 target price for the company. in a research note on Wednesday, October 1st. Finally, Baird R W lowered their target price on Alexandria Real Estate Equities from $129.00 to $102.00 in a research note on Thursday, June 12th. Four investment 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. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $96.47.

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.