Aviva PLC Has $8.42 Million Holdings in Alexandria Real Estate Equities, Inc. $ARE

Aviva PLC grew its holdings in Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 6.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 115,896 shares of the real estate investment trust’s stock after buying an additional 6,787 shares during the period. Aviva PLC owned 0.07% of Alexandria Real Estate Equities worth $8,418,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. American Assets Capital Advisers LLC lifted its holdings in Alexandria Real Estate Equities by 181.3% during the 2nd quarter. American Assets Capital Advisers LLC now owns 17,316 shares of the real estate investment trust’s stock valued at $1,258,000 after purchasing an additional 11,160 shares during the last quarter. True Wealth Design LLC raised its position in shares of Alexandria Real Estate Equities by 36.6% in the second quarter. True Wealth Design LLC now owns 1,326 shares of the real estate investment trust’s stock valued at $96,000 after purchasing an additional 355 shares during the period. Metis Global Partners LLC lifted its stake in shares of Alexandria Real Estate Equities by 61.4% during the 2nd quarter. Metis Global Partners LLC now owns 41,506 shares of the real estate investment trust’s stock worth $3,015,000 after buying an additional 15,785 shares during the last quarter. Penserra Capital Management LLC boosted its holdings in shares of Alexandria Real Estate Equities by 46.3% during the 2nd quarter. Penserra Capital Management LLC now owns 18,927 shares of the real estate investment trust’s stock worth $1,374,000 after buying an additional 5,994 shares during the period. Finally, Aew Capital Management L P grew its stake in Alexandria Real Estate Equities by 8.1% in the 2nd quarter. Aew Capital Management L P now owns 27,910 shares of the real estate investment trust’s stock valued at $2,027,000 after buying an additional 2,100 shares during the last quarter. 96.54% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

ARE has been the subject of several research reports. JPMorgan Chase & Co. cut their price objective on shares of Alexandria Real Estate Equities from $95.00 to $65.00 in a research report on Monday, November 3rd. Weiss Ratings reissued a “sell (d)” rating on shares of Alexandria Real Estate Equities in a report on Wednesday, October 8th. Citigroup reaffirmed a “neutral” rating on shares of Alexandria Real Estate Equities in a report on Monday, November 3rd. Zacks Research cut Alexandria Real Estate Equities from a “hold” rating to a “strong sell” rating in a research report on Thursday, November 6th. Finally, BMO Capital Markets started coverage on shares of Alexandria Real Estate Equities in a research report on Tuesday, September 23rd. They issued an “outperform” rating and a $100.00 target price for the company. Three equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and four have issued a Sell rating to the company. According to MarketBeat.com, Alexandria Real Estate Equities currently has a consensus rating of “Reduce” and an average target price of $81.71.

Alexandria Real Estate Equities Price Performance

ARE stock opened at $53.73 on Thursday. The company’s 50-day moving average price is $75.21 and its two-hundred day moving average price is $75.13. The firm has a market cap of $9.29 billion, a P/E ratio of -21.75, a P/E/G ratio of 5.06 and a beta of 1.29. The company has a quick ratio of 0.23, a current ratio of 0.24 and a debt-to-equity ratio of 0.65. Alexandria Real Estate Equities, Inc. has a 12 month low of $52.94 and a 12 month high of $112.42.

Alexandria Real Estate Equities (NYSE:ARE) last issued its quarterly earnings results on Monday, October 27th. The real estate investment trust reported $2.22 earnings per share for the quarter, missing analysts’ consensus estimates of $2.31 by ($0.09). The firm had revenue of $751.94 million for the quarter, compared to the consensus estimate of $752.90 million. Alexandria Real Estate Equities had a negative return on equity of 1.89% and a negative net margin of 13.43%.The business’s revenue was down 5.0% on a year-over-year basis. During the same period last year, the company posted $2.37 EPS. Alexandria Real Estate Equities has set its FY 2025 guidance at 8.980-9.040 EPS. On average, analysts anticipate that Alexandria Real Estate Equities, Inc. will post 9.32 earnings per share for the current fiscal year.

Alexandria Real Estate Equities Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th were issued a dividend of $1.32 per share. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $5.28 dividend on an annualized basis and a dividend yield of 9.8%. Alexandria Real Estate Equities’s payout ratio is -213.77%.

About Alexandria Real Estate Equities

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.