Advocate Group LLC Sells 14,212 Shares of Alexandria Real Estate Equities, Inc. $ARE

Advocate Group LLC decreased its position in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 25.1% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 42,433 shares of the real estate investment trust’s stock after selling 14,212 shares during the period. Advocate Group LLC’s holdings in Alexandria Real Estate Equities were worth $2,077,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Alexandria Real Estate Equities by 1,022.1% in the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,813,955 shares of the real estate investment trust’s stock worth $151,175,000 after buying an additional 1,652,298 shares during the last quarter. Menora Mivtachim Holdings LTD. purchased a new stake in Alexandria Real Estate Equities during the 3rd quarter valued at about $61,255,000. AQR Capital Management LLC boosted its holdings in Alexandria Real Estate Equities by 26.1% during the 3rd quarter. AQR Capital Management LLC now owns 2,564,915 shares of the real estate investment trust’s stock valued at $211,682,000 after acquiring an additional 531,668 shares during the period. Invesco Ltd. grew its position in Alexandria Real Estate Equities by 16.8% during the 2nd quarter. Invesco Ltd. now owns 3,676,318 shares of the real estate investment trust’s stock worth $267,011,000 after acquiring an additional 528,575 shares during the last quarter. Finally, Duff & Phelps Investment Management Co. grew its position in Alexandria Real Estate Equities by 1,725.7% during the 3rd quarter. Duff & Phelps Investment Management Co. now owns 450,062 shares of the real estate investment trust’s stock worth $37,508,000 after acquiring an additional 425,411 shares during the last quarter. Institutional investors own 96.54% of the company’s stock.

Alexandria Real Estate Equities Stock Performance

Shares of ARE stock opened at $43.16 on Friday. The stock has a fifty day moving average of $51.52 and a 200 day moving average of $57.56. Alexandria Real Estate Equities, Inc. has a 52 week low of $41.44 and a 52 week high of $91.47. The firm has a market capitalization of $7.48 billion, a price-to-earnings ratio of -5.11, a PEG ratio of 5.23 and a beta of 1.33. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.65.

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 (EPS) for the quarter, beating analysts’ consensus estimates of $2.15 by $0.01. Alexandria Real Estate Equities had a negative net margin of 47.23% and a negative return on equity of 6.82%. The business had revenue of $754.41 million for the quarter, compared to the consensus estimate of $742.64 million. During the same period in the previous year, the firm earned $2.39 EPS. The company’s quarterly revenue was down 4.4% compared to the same quarter last year. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.250-6.550 EPS. As a group, research analysts expect that Alexandria Real Estate Equities, Inc. will post 9.32 earnings per share for the current year.

Alexandria Real Estate Equities declared that its board has approved a share 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 buy up to 6.4% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s leadership believes its stock is undervalued.

Alexandria Real Estate Equities Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be issued a $0.72 dividend. The ex-dividend date is Tuesday, March 31st. This represents a $2.88 annualized dividend and a yield of 6.7%. Alexandria Real Estate Equities’s dividend payout ratio (DPR) is -34.12%.

Insiders Place Their Bets

In other news, Chairman Joel S. Marcus acquired 25,000 shares of the business’s stock in a transaction on Thursday, February 12th. The shares were acquired at an average cost of $53.92 per share, with a total value of $1,348,000.00. Following the transaction, the chairman owned 562,724 shares in the company, valued at $30,342,078.08. The trade was a 4.65% increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 1.08% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. Mizuho cut their target price on shares of Alexandria Real Estate Equities from $91.00 to $70.00 and set an “outperform” rating on the stock in a report on Friday, January 9th. Jefferies Financial Group upped their price target on shares of Alexandria Real Estate Equities from $47.00 to $57.00 and gave the company a “hold” rating in a report on Friday, January 30th. JPMorgan Chase & Co. dropped their price target on shares of Alexandria Real Estate Equities from $63.00 to $57.00 and set a “neutral” rating for the company in a research report on Tuesday, March 10th. Weiss Ratings reissued a “sell (d)” rating on shares of Alexandria Real Estate Equities in a report on Wednesday, January 21st. Finally, The Goldman Sachs Group began coverage on shares of Alexandria Real Estate Equities in a research report on Tuesday, February 3rd. They issued a “neutral” rating and a $60.00 price objective on the stock. Three equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $64.47.

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.