B&I Capital AG Has $3.82 Million Stock Holdings in Alexandria Real Estate Equities, Inc. $ARE

B&I Capital AG lifted its holdings in Alexandria Real Estate Equities, Inc. (NYSE:AREFree Report) by 44.0% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 52,593 shares of the real estate investment trust’s stock after purchasing an additional 16,068 shares during the quarter. Alexandria Real Estate Equities comprises 1.3% of B&I Capital AG’s holdings, making the stock its 27th biggest position. B&I Capital AG’s holdings in Alexandria Real Estate Equities were worth $3,820,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in ARE. Presima Securities ULC increased its stake in Alexandria Real Estate Equities by 1.4% in the 1st quarter. Presima Securities ULC now owns 11,895 shares of the real estate investment trust’s stock valued at $1,100,000 after buying an additional 170 shares during the last quarter. CX Institutional raised its stake in Alexandria Real Estate Equities by 13.8% in the 2nd quarter. CX Institutional now owns 1,445 shares of the real estate investment trust’s stock valued at $105,000 after acquiring an additional 175 shares during the period. Zions Bancorporation National Association UT lifted its stake in shares of Alexandria Real Estate Equities by 0.4% during the 2nd quarter. Zions Bancorporation National Association UT now owns 55,580 shares of the real estate investment trust’s stock worth $4,037,000 after buying an additional 202 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its position in Alexandria Real Estate Equities by 1.2% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 17,602 shares of the real estate investment trust’s stock worth $1,278,000 after acquiring an additional 206 shares during the last quarter. Finally, New York Life Investment Management LLC lifted its holdings in Alexandria Real Estate Equities by 1.1% during the 2nd quarter. New York Life Investment Management LLC now owns 23,096 shares of the real estate investment trust’s stock worth $1,677,000 after purchasing an additional 251 shares during the last quarter. Institutional investors own 96.54% of the company’s stock.

Alexandria Real Estate Equities Stock Up 1.7%

ARE opened at $53.55 on Thursday. Alexandria Real Estate Equities, Inc. has a fifty-two week low of $48.66 and a fifty-two week high of $112.42. The company’s 50-day moving average is $68.51 and its 200 day moving average is $73.58. The firm has a market capitalization of $9.25 billion, a P/E ratio of -21.68, a PEG ratio of 5.06 and a beta of 1.29. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.24 and a quick ratio of 0.23.

Alexandria Real Estate Equities (NYSE:AREGet Free Report) 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). Alexandria Real Estate Equities had a negative return on equity of 1.89% and a negative net margin of 13.43%.The company had revenue of $751.94 million during the quarter, compared to analysts’ expectations of $752.90 million. During the same period last year, the firm posted $2.37 earnings per share. Alexandria Real Estate Equities’s quarterly revenue was down 5.0% compared to the same quarter last year. Alexandria Real Estate Equities has set its FY 2025 guidance at 8.980-9.040 EPS. Research analysts expect that Alexandria Real Estate Equities, Inc. will post 9.32 earnings per share for the current fiscal year.

Alexandria Real Estate Equities Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th were issued a dividend of $1.32 per share. This represents a $5.28 dividend on an annualized basis and a yield of 9.9%. The ex-dividend date of this dividend was Tuesday, September 30th. Alexandria Real Estate Equities’s dividend payout ratio is -213.77%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on ARE shares. Evercore ISI cut their price target on Alexandria Real Estate Equities from $104.00 to $74.00 in a research note on Friday, October 31st. BNP Paribas Exane reduced their price target on shares of Alexandria Real Estate Equities from $82.00 to $72.00 and set an “underperform” rating on the stock in a research note on Tuesday, October 28th. JPMorgan Chase & Co. reduced their price objective on Alexandria Real Estate Equities from $95.00 to $65.00 in a research report on Monday, November 3rd. Citizens Jmp lowered shares of Alexandria Real Estate Equities from an “outperform” rating to a “market perform” rating in a report on Thursday, November 13th. Finally, Cantor Fitzgerald decreased their price target on Alexandria Real Estate Equities from $79.00 to $52.00 and set a “neutral” rating for the company in a research note on Tuesday, October 28th. Four analysts have rated the stock with a Buy rating, seven have given a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $76.57.

Get Our Latest Analysis on ARE

About Alexandria Real Estate Equities

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Alexandria Real Estate Equities (NYSE:ARE)

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