Alexandria Real Estate Equities, Inc. $ARE Shares Bought by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. grew its position in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 4.8% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 576,095 shares of the real estate investment trust’s stock after purchasing an additional 26,211 shares during the period. Envestnet Asset Management Inc. owned approximately 0.33% of Alexandria Real Estate Equities worth $48,012,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Cornerstone Planning Group LLC lifted its stake in Alexandria Real Estate Equities by 5,916.7% in the third quarter. Cornerstone Planning Group LLC now owns 361 shares of the real estate investment trust’s stock worth $30,000 after acquiring an additional 355 shares during the last quarter. Loomis Sayles & Co. L P purchased a new position in shares of Alexandria Real Estate Equities during the second quarter worth about $27,000. CYBER HORNET ETFs LLC purchased a new position in Alexandria Real Estate Equities in the 2nd quarter valued at $30,000. MUFG Securities EMEA plc purchased a new stake in Alexandria Real Estate Equities in the 2nd quarter valued at approximately $33,000. Finally, CVA Family Office LLC boosted its position in shares of Alexandria Real Estate Equities by 126.8% during the 3rd quarter. CVA Family Office LLC now owns 601 shares of the real estate investment trust’s stock worth $50,000 after purchasing an additional 336 shares in the last quarter. 96.54% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Sheila K. Mcgrath acquired 3,100 shares of the firm’s stock in a transaction on Wednesday, December 10th. The stock was bought at an average cost of $45.60 per share, with a total value of $141,360.00. Following the acquisition, the director directly owned 8,392 shares in the company, valued at approximately $382,675.20. The trade was a 58.58% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 1.15% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

ARE has been the subject of several research reports. Deutsche Bank Aktiengesellschaft lifted their price target on Alexandria Real Estate Equities from $53.00 to $55.00 and gave the stock a “hold” rating in a research note on Monday, February 2nd. Cantor Fitzgerald upped their target price on Alexandria Real Estate Equities from $46.00 to $60.00 and gave the company a “neutral” rating in a research note on Wednesday, January 28th. Evercore upped their price target on shares of Alexandria Real Estate Equities from $64.00 to $67.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 28th. Weiss Ratings restated a “sell (d)” rating on shares of Alexandria Real Estate Equities in a research note on Wednesday, January 21st. Finally, The Goldman Sachs Group assumed coverage on shares of Alexandria Real Estate Equities in a research note on Tuesday, February 3rd. They issued a “neutral” rating and a $60.00 target price on the stock. Five research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Alexandria Real Estate Equities has an average rating of “Hold” and an average target price of $66.13.

Alexandria Real Estate Equities Stock Up 0.5%

Shares of Alexandria Real Estate Equities stock opened at $56.17 on Tuesday. Alexandria Real Estate Equities, Inc. has a 1-year low of $44.10 and a 1-year high of $105.14. The company has a market capitalization of $9.73 billion, a PE ratio of -6.66, a P/E/G ratio of 6.76 and a beta of 1.31. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.23 and a quick ratio of 0.23. The business has a 50-day moving average of $51.86 and a 200-day moving average of $65.43.

Alexandria Real Estate Equities (NYSE:ARE) last issued its quarterly earnings data on Monday, January 26th. The real estate investment trust reported $2.16 earnings per share for the quarter, beating analysts’ consensus estimates of $2.15 by $0.01. Alexandria Real Estate Equities had a negative return on equity of 6.82% and a negative net margin of 47.23%.The firm had revenue of $754.41 million during the quarter, compared to analyst estimates of $742.64 million. During the same quarter last year, the firm earned $2.39 EPS. Alexandria Real Estate Equities’s quarterly revenue was down 4.4% on a year-over-year basis. 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 EPS for the current fiscal year.

Alexandria Real Estate Equities announced that its Board of Directors has authorized a stock buyback plan on Monday, December 8th that permits the company to repurchase $500.00 million in shares. This repurchase authorization permits the real estate investment trust to repurchase up to 6.4% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s leadership believes its shares are undervalued.

Alexandria Real Estate Equities Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Wednesday, December 31st were issued a $0.72 dividend. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $2.88 annualized dividend and a yield of 5.1%. Alexandria Real Estate Equities’s dividend payout ratio is currently -34.12%.

Alexandria Real Estate Equities Company 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.