Alexandria Real Estate Equities, Inc. $ARE Shares Sold by Assetmark Inc.

Assetmark Inc. lessened its holdings in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 40.6% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 29,073 shares of the real estate investment trust’s stock after selling 19,849 shares during the quarter. Assetmark Inc.’s holdings in Alexandria Real Estate Equities were worth $1,423,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in ARE. State Street Corp increased its stake in shares of Alexandria Real Estate Equities by 3.7% during the third quarter. State Street Corp now owns 11,273,031 shares of the real estate investment trust’s stock worth $954,117,000 after buying an additional 399,286 shares during the period. Invesco Ltd. increased its stake in shares of Alexandria Real Estate Equities by 4.0% during the third quarter. Invesco Ltd. now owns 3,821,880 shares of the real estate investment trust’s stock worth $318,516,000 after buying an additional 145,562 shares during the period. Northern Trust Corp increased its stake in shares of Alexandria Real Estate Equities by 4.3% during the third quarter. Northern Trust Corp now owns 2,581,884 shares of the real estate investment trust’s stock worth $215,174,000 after buying an additional 106,783 shares during the period. AQR Capital Management LLC increased its stake in shares of Alexandria Real Estate Equities by 26.1% during the third quarter. AQR Capital Management LLC now owns 2,564,915 shares of the real estate investment trust’s stock worth $211,682,000 after buying an additional 531,668 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Alexandria Real Estate Equities by 1,022.1% during the third 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 period. Institutional investors and hedge funds own 96.54% of the company’s stock.

Insiders Place Their Bets

In other Alexandria Real Estate Equities news, EVP Hallie E. Kuhn sold 536 shares of Alexandria Real Estate Equities stock in a transaction on Friday, April 17th. The shares were sold at an average price of $48.20, for a total value of $25,835.20. Following the transaction, the executive vice president directly owned 48,301 shares in the company, valued at approximately $2,328,108.20. The trade was a 1.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Chairman Joel S. Marcus acquired 25,000 shares of the company’s stock in a transaction on Thursday, February 12th. The stock was acquired at an average price of $53.92 per share, for a total transaction of $1,348,000.00. Following the completion of the purchase, the chairman owned 562,724 shares of the company’s stock, valued at $30,342,078.08. This trade represents a 4.65% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 1.35% of the company’s stock.

Alexandria Real Estate Equities Stock Performance

Shares of Alexandria Real Estate Equities stock opened at $47.85 on Wednesday. The firm has a market capitalization of $8.28 billion, a P/E ratio of -5.67, a P/E/G ratio of 5.93 and a beta of 1.33. Alexandria Real Estate Equities, Inc. has a 52 week low of $41.44 and a 52 week high of $88.24. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.65. The firm’s 50 day moving average is $49.16 and its two-hundred day moving average is $54.05.

Alexandria Real Estate Equities (NYSE:ARE) last announced its quarterly earnings results on Monday, January 26th. The real estate investment trust reported $2.16 EPS for the quarter, beating the consensus estimate 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 company had revenue of $754.41 million for the quarter, compared to analyst estimates of $742.64 million. During the same period in the prior year, the firm posted $2.39 earnings per share. The firm’s 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. Research analysts forecast that Alexandria Real Estate Equities, Inc. will post 6.41 EPS for the current fiscal year.

Alexandria Real Estate Equities Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were paid a $0.72 dividend. The ex-dividend date was Tuesday, March 31st. This represents a $2.88 dividend on an annualized basis and a yield of 6.0%. Alexandria Real Estate Equities’s payout ratio is currently -34.12%.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on ARE shares. Morgan Stanley cut their target price on shares of Alexandria Real Estate Equities from $55.00 to $54.00 and set an “equal weight” rating on the stock in a research note on Monday, February 9th. Jefferies Financial Group cut their target price on shares of Alexandria Real Estate Equities from $57.00 to $47.00 and set a “hold” rating on the stock in a research note on Tuesday, April 14th. Evercore cut their target price on shares of Alexandria Real Estate Equities from $67.00 to $65.00 and set an “outperform” rating on the stock in a research note on Monday, April 6th. BMO Capital Markets reiterated a “market perform” rating and issued a $52.00 price target (down from $65.00) on shares of Alexandria Real Estate Equities in a research note on Wednesday, March 25th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Alexandria Real Estate Equities in a research note on Wednesday, January 21st. Three equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $63.67.

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.