Savant Capital LLC Buys 21,347 Shares of Alexandria Real Estate Equities, Inc. $ARE

Savant Capital LLC increased its stake in Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 64.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 54,617 shares of the real estate investment trust’s stock after purchasing an additional 21,347 shares during the quarter. Savant Capital LLC’s holdings in Alexandria Real Estate Equities were worth $4,552,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of ARE. Norges Bank bought a new position in shares of Alexandria Real Estate Equities during the 2nd quarter worth $1,195,306,000. Lasalle Investment Management Securities LLC lifted its holdings in Alexandria Real Estate Equities by 89.2% during the second quarter. Lasalle Investment Management Securities LLC now owns 1,175,406 shares of the real estate investment trust’s stock valued at $85,370,000 after purchasing an additional 554,236 shares during the last quarter. Invesco Ltd. boosted its position in Alexandria Real Estate Equities by 16.8% during the second quarter. Invesco Ltd. now owns 3,676,318 shares of the real estate investment trust’s stock worth $267,011,000 after purchasing an additional 528,575 shares during the period. AQR Capital Management LLC increased its stake in shares of Alexandria Real Estate Equities by 34.0% in the second quarter. AQR Capital Management LLC now owns 2,033,247 shares of the real estate investment trust’s stock worth $145,601,000 after purchasing an additional 515,405 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its position in shares of Alexandria Real Estate Equities by 114.8% in the second quarter. Arrowstreet Capital Limited Partnership now owns 757,533 shares of the real estate investment trust’s stock valued at $55,020,000 after purchasing an additional 404,938 shares during the period. 96.54% of the stock is owned by institutional investors.

Insider Transactions at Alexandria Real Estate Equities

In other news, Director Sheila K. Mcgrath acquired 3,100 shares of the business’s stock in a transaction dated Wednesday, December 10th. The stock was purchased at an average cost of $45.60 per share, for a total transaction of $141,360.00. Following the acquisition, the director owned 8,392 shares of the company’s stock, valued at $382,675.20. This trade represents a 58.58% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 1.08% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research analysts recently commented on ARE shares. Citizens Jmp downgraded shares of Alexandria Real Estate Equities from an “outperform” rating to a “market perform” rating in a report on Thursday, November 13th. Robert W. Baird reduced their price target on Alexandria Real Estate Equities from $73.00 to $67.00 and set an “outperform” rating for the company in a research report on Thursday, December 4th. Cantor Fitzgerald increased their price objective on Alexandria Real Estate Equities from $46.00 to $60.00 and gave the stock a “neutral” rating in a report on Wednesday, January 28th. Evercore lifted their target price on Alexandria Real Estate Equities from $64.00 to $67.00 and gave the company an “outperform” rating in a report on Wednesday, January 28th. Finally, BNP Paribas Exane lowered their price target on shares of Alexandria Real Estate Equities from $72.00 to $50.00 and set an “underperform” rating on the stock in a report on Thursday, December 4th. Five equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $66.13.

Alexandria Real Estate Equities Stock Performance

Shares of ARE opened at $55.93 on Friday. Alexandria Real Estate Equities, Inc. has a 12-month low of $44.10 and a 12-month high of $105.14. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.65. The company has a market cap of $9.69 billion, a PE ratio of -6.63, a price-to-earnings-growth ratio of 6.66 and a beta of 1.31. The stock has a 50-day moving average price of $51.80 and a 200-day moving average price of $65.84.

Alexandria Real Estate Equities (NYSE:ARE) last announced its earnings results on Monday, January 26th. The real estate investment trust reported $2.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.15 by $0.01. The business had revenue of $754.41 million during the quarter, compared to analyst estimates of $742.64 million. Alexandria Real Estate Equities had a negative net margin of 47.23% and a negative return on equity of 6.82%. Alexandria Real Estate Equities’s revenue for the quarter was down 4.4% on a year-over-year basis. During the same period in the previous year, the business posted $2.39 earnings per share. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.250-6.550 EPS. As a group, equities analysts forecast that Alexandria Real Estate Equities, Inc. will post 9.32 earnings per share for the current fiscal year.

Alexandria Real Estate Equities announced that its Board of Directors has authorized a share buyback program on Monday, December 8th that allows the company to repurchase $500.00 million in shares. This repurchase authorization allows the real estate investment trust to purchase up to 6.4% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s board believes its stock is undervalued.

Alexandria Real Estate Equities Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were given a dividend of $0.72 per share. The ex-dividend date was Wednesday, December 31st. This represents a $2.88 dividend on an annualized basis and a yield of 5.1%. Alexandria Real Estate Equities’s dividend payout ratio (DPR) is presently -34.12%.

Alexandria Real Estate Equities Profile

Alexandria Real Estate Equities, Inc (NYSE: ARE) is a real estate investment trust specializing in the ownership, development and management of collaborative life science and technology campuses. The company’s properties are designed to support research and innovation by providing specialized laboratory, office and manufacturing space tailored to biotechnology, pharmaceutical, academic and related industries.

Since its founding in 1994, Alexandria has cultivated a diversified portfolio of campuses across leading innovation clusters in North America and Europe.