Centersquare Investment Management LLC Grows Position in Alexandria Real Estate Equities, Inc. $ARE

Centersquare Investment Management LLC boosted its position in Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 5.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 578,318 shares of the real estate investment trust’s stock after acquiring an additional 29,900 shares during the quarter. Centersquare Investment Management LLC owned 0.33% of Alexandria Real Estate Equities worth $48,197,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Loomis Sayles & Co. L P acquired a new stake in Alexandria Real Estate Equities during the 2nd quarter worth $27,000. Avalon Trust Co purchased a new position in shares of Alexandria Real Estate Equities during the third quarter worth about $29,000. Cornerstone Planning Group LLC increased its position in shares of Alexandria Real Estate Equities by 5,916.7% during the third quarter. Cornerstone Planning Group LLC now owns 361 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 355 shares in the last quarter. CYBER HORNET ETFs LLC purchased a new stake in shares of Alexandria Real Estate Equities in the 2nd quarter valued at about $30,000. Finally, MUFG Securities EMEA plc acquired a new stake in shares of Alexandria Real Estate Equities in the 2nd quarter valued at about $33,000. Institutional investors and hedge funds own 96.54% of the company’s stock.

Alexandria Real Estate Equities Price Performance

Shares of NYSE:ARE opened at $54.11 on Thursday. 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 firm has a market capitalization of $9.38 billion, a price-to-earnings ratio of -6.41, a price-to-earnings-growth ratio of 6.52 and a beta of 1.31. Alexandria Real Estate Equities, Inc. has a 12 month low of $44.10 and a 12 month high of $105.14. The business’s 50 day simple moving average is $53.43 and its 200-day simple moving average is $63.53.

Alexandria Real Estate Equities (NYSE:ARE) last announced its quarterly earnings results 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 business had revenue of $754.41 million during the quarter, compared to analysts’ expectations of $742.64 million. During the same quarter last year, the business posted $2.39 earnings per share. The business’s revenue for the quarter 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 earnings per share for the current fiscal year.

Alexandria Real Estate Equities Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Wednesday, December 31st were paid a $0.72 dividend. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $2.88 dividend on an annualized basis and a yield of 5.3%. Alexandria Real Estate Equities’s dividend payout ratio is presently -34.12%.

Alexandria Real Estate Equities declared that its board has authorized a share repurchase 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 reacquire up to 6.4% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s board of directors believes its stock is undervalued.

Analyst Ratings Changes

A number of equities analysts recently issued reports on ARE shares. Citizens Jmp lowered Alexandria Real Estate Equities from an “outperform” rating to a “market perform” rating in a report on Thursday, November 13th. The Goldman Sachs Group initiated coverage on Alexandria Real Estate Equities in a research report on Tuesday, February 3rd. They set a “neutral” rating and a $60.00 price objective for the company. Cantor Fitzgerald boosted their target price on Alexandria Real Estate Equities from $46.00 to $60.00 and gave the company a “neutral” rating in a report on Wednesday, January 28th. BNP Paribas Exane decreased their price target on Alexandria Real Estate Equities from $72.00 to $50.00 and set an “underperform” rating for the company in a report on Thursday, December 4th. Finally, Jefferies Financial Group lifted their price objective on shares of Alexandria Real Estate Equities from $47.00 to $57.00 and gave the company a “hold” rating in a research report on Friday, January 30th. Four equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, Alexandria Real Estate Equities presently has an average rating of “Hold” and an average target price of $65.73.

Insiders Place Their Bets

In related news, Director Sheila K. Mcgrath purchased 3,100 shares of the company’s stock in a transaction on Wednesday, December 10th. The stock was bought at an average price of $45.60 per share, with a total value of $141,360.00. Following the completion of the transaction, the director owned 8,392 shares of the company’s stock, valued at approximately $382,675.20. This represents a 58.58% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Chairman Joel S. Marcus acquired 25,000 shares of Alexandria Real Estate Equities stock in a transaction dated Thursday, February 12th. The stock was bought at an average price of $53.92 per share, for a total transaction of $1,348,000.00. Following the completion of the transaction, the chairman directly owned 562,724 shares of the company’s stock, valued at approximately $30,342,078.08. This represents a 4.65% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 1.08% of the stock is currently owned by corporate insiders.

About Alexandria Real Estate Equities

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.