IFP Advisors Inc Boosts Holdings in Alexandria Real Estate Equities, Inc. $ARE

IFP Advisors Inc raised its holdings in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 745.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,624 shares of the real estate investment trust’s stock after acquiring an additional 1,432 shares during the quarter. IFP Advisors Inc’s holdings in Alexandria Real Estate Equities were worth $118,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the business. Invesco Ltd. increased its holdings in Alexandria Real Estate Equities by 39.0% during the 1st quarter. Invesco Ltd. now owns 3,147,743 shares of the real estate investment trust’s stock valued at $291,198,000 after acquiring an additional 882,963 shares in the last quarter. Northern Trust Corp increased its holdings in Alexandria Real Estate Equities by 6.2% during the 1st quarter. Northern Trust Corp now owns 2,723,583 shares of the real estate investment trust’s stock valued at $251,959,000 after acquiring an additional 158,177 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in Alexandria Real Estate Equities by 2.6% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 2,530,184 shares of the real estate investment trust’s stock valued at $234,067,000 after acquiring an additional 63,997 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in Alexandria Real Estate Equities by 21.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,849,582 shares of the real estate investment trust’s stock valued at $171,105,000 after acquiring an additional 330,673 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Alexandria Real Estate Equities by 2.3% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,646,542 shares of the real estate investment trust’s stock worth $152,322,000 after buying an additional 36,468 shares in the last quarter. 96.54% of the stock is currently owned by hedge funds and other institutional investors.

Alexandria Real Estate Equities Price Performance

Alexandria Real Estate Equities stock opened at $75.07 on Friday. Alexandria Real Estate Equities, Inc. has a 1 year low of $67.37 and a 1 year high of $122.25. The firm has a 50 day moving average price of $80.79 and a 200 day moving average price of $77.04. The company has a market cap of $12.98 billion, a price-to-earnings ratio of -577.45, a PEG ratio of 6.30 and a beta of 1.31. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.23 and a current 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 earnings per share 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 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 company posted $2.36 earnings per share. 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 predict that Alexandria Real Estate Equities, Inc. will post 9.32 earnings per share for the current year.

Alexandria Real Estate Equities Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th were paid a dividend of $1.32 per share. This represents a $5.28 annualized dividend and a yield of 7.0%. The ex-dividend date was Tuesday, September 30th. Alexandria Real Estate Equities’s payout ratio is currently -4,061.54%.

Analysts Set New Price Targets

A number of equities research analysts have recently 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 price target for the company. Evercore ISI upgraded shares of Alexandria Real Estate Equities from an “in-line” rating to an “outperform” rating and lifted their price target for the stock from $91.00 to $104.00 in a report on Monday, September 15th. Royal Bank Of Canada lowered their price target 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. BNP Paribas downgraded shares of Alexandria Real Estate Equities from a “hold” rating to a “strong sell” rating and set a $82.00 price target for the company. in a report on Wednesday, October 1st. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Alexandria Real Estate Equities in a report on Wednesday, October 8th. Four equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Alexandria Real Estate Equities presently has an average rating of “Hold” and a consensus price target of $95.87.

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.