Nuance Investments LLC Sells 14,225 Shares of Alexandria Real Estate Equities, Inc. $ARE

Nuance Investments LLC lessened its stake in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 28.1% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 36,348 shares of the real estate investment trust’s stock after selling 14,225 shares during the quarter. Nuance Investments LLC’s holdings in Alexandria Real Estate Equities were worth $3,029,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. IFM Investors Pty Ltd grew its position in Alexandria Real Estate Equities by 0.3% in the 3rd quarter. IFM Investors Pty Ltd now owns 58,544 shares of the real estate investment trust’s stock worth $4,909,000 after purchasing an additional 150 shares during the period. Kaufman Rossin Wealth LLC boosted its stake in shares of Alexandria Real Estate Equities by 6.3% in the 3rd quarter. Kaufman Rossin Wealth LLC now owns 2,954 shares of the real estate investment trust’s stock worth $246,000 after buying an additional 174 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Alexandria Real Estate Equities by 0.9% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,443 shares of the real estate investment trust’s stock worth $1,711,000 after acquiring an additional 198 shares during the period. Zions Bancorporation National Association UT increased its position in Alexandria Real Estate Equities by 0.4% during the second quarter. Zions Bancorporation National Association UT now owns 55,580 shares of the real estate investment trust’s stock valued at $4,037,000 after acquiring an additional 202 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB lifted its holdings in Alexandria Real Estate Equities by 17.4% in the third quarter. MassMutual Private Wealth & Trust FSB now owns 1,371 shares of the real estate investment trust’s stock valued at $114,000 after acquiring an additional 203 shares during the period. 96.54% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on ARE. Royal Bank Of Canada cut their price target on Alexandria Real Estate Equities from $98.00 to $65.00 and set a “sector perform” rating for the company in a research note on Monday, November 3rd. Mizuho cut their target price on shares of Alexandria Real Estate Equities from $91.00 to $70.00 and set an “outperform” rating for the company in a research report on Friday, January 9th. Citigroup reduced their target price on shares of Alexandria Real Estate Equities from $61.00 to $52.00 and set a “neutral” rating for the company in a report on Thursday, December 4th. The Goldman Sachs Group initiated coverage on shares of Alexandria Real Estate Equities in a research note on Tuesday, February 3rd. They set a “neutral” rating and a $60.00 price target on the stock. Finally, Jefferies Financial Group upped their price objective on Alexandria Real Estate Equities from $47.00 to $57.00 and gave the stock a “hold” rating in a research note on Friday, January 30th. Five analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Alexandria Real Estate Equities presently has a consensus rating of “Hold” and a consensus target price of $66.13.

Insider Buying and Selling

In other Alexandria Real Estate Equities news, Director Sheila K. Mcgrath acquired 3,100 shares of the company’s stock in a transaction on Wednesday, December 10th. The stock was acquired at an average cost of $45.60 per share, with a total value of $141,360.00. Following the purchase, the director directly 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 purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.15% of the stock is owned by company insiders.

Alexandria Real Estate Equities Trading Up 1.4%

Shares of ARE stock opened at $55.93 on Monday. 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 stock has a market capitalization of $9.69 billion, a price-to-earnings ratio of -6.63, a price-to-earnings-growth ratio of 6.76 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 stock’s 50-day moving average price is $51.80 and its 200-day moving average price is $65.61.

Alexandria Real Estate Equities (NYSE:ARE) last released its quarterly earnings results on Monday, January 26th. The real estate investment trust reported $2.16 earnings per share 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 analysts’ expectations of $742.64 million. Alexandria Real Estate Equities had a negative return on equity of 6.82% and a negative net margin of 47.23%.The firm’s revenue for the quarter was down 4.4% compared to the same quarter last year. During the same quarter last year, the business posted $2.39 EPS. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.250-6.550 EPS. Equities research analysts predict that Alexandria Real Estate Equities, Inc. will post 9.32 EPS for the current fiscal year.

Alexandria Real Estate Equities Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Wednesday, December 31st were paid a dividend of $0.72 per share. 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 5.1%. Alexandria Real Estate Equities’s dividend payout ratio is presently -34.12%.

Alexandria Real Estate Equities declared that its Board of Directors has approved a share buyback plan 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 buy up to 6.4% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s management believes its shares are undervalued.

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.