Barclays PLC Raises Stake in Alexandria Real Estate Equities, Inc. $ARE

Barclays PLC raised its holdings in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 6.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 386,717 shares of the real estate investment trust’s stock after acquiring an additional 23,086 shares during the period. Barclays PLC owned approximately 0.22% of Alexandria Real Estate Equities worth $32,229,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in ARE. Norges Bank purchased a new stake in shares of Alexandria Real Estate Equities in the second quarter worth about $1,195,306,000. State Street Corp grew its position in shares of Alexandria Real Estate Equities by 1.7% during the 2nd quarter. State Street Corp now owns 10,873,745 shares of the real estate investment trust’s stock valued at $803,863,000 after acquiring an additional 181,674 shares during the period. Geode Capital Management LLC increased its position in shares of Alexandria Real Estate Equities by 1.9% in the second quarter. Geode Capital Management LLC now owns 4,318,035 shares of the real estate investment trust’s stock valued at $312,407,000 after buying an additional 82,591 shares in the last quarter. Invesco Ltd. increased its stake in shares of Alexandria Real Estate Equities by 16.8% during the second quarter. Invesco Ltd. now owns 3,676,318 shares of the real estate investment trust’s stock worth $267,011,000 after purchasing an additional 528,575 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its position in shares of Alexandria Real Estate Equities by 4.9% in the second quarter. Charles Schwab Investment Management Inc. now owns 2,655,204 shares of the real estate investment trust’s stock valued at $192,848,000 after acquiring an additional 125,020 shares in the last quarter. Institutional investors and hedge funds own 96.54% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. Citizens Jmp cut shares of Alexandria Real Estate Equities from an “outperform” rating to a “market perform” rating in a research report on Thursday, November 13th. 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 note on Tuesday. Morgan Stanley dropped their price objective 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 report on Monday, February 9th. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Alexandria Real Estate Equities from $53.00 to $55.00 and gave the stock a “hold” rating in a report on Monday, February 2nd. Finally, Zacks Research upgraded Alexandria Real Estate Equities from a “strong sell” rating to a “hold” rating in a research note on Thursday, January 29th. Four research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Alexandria Real Estate Equities currently has a consensus rating of “Hold” and a consensus target price of $65.33.

Insider Buying and Selling at Alexandria Real Estate Equities

In other Alexandria Real Estate Equities news, Chairman Joel S. Marcus bought 25,000 shares of the stock in a transaction dated Thursday, February 12th. The stock was bought at an average cost of $53.92 per share, for a total transaction of $1,348,000.00. Following the completion of the purchase, the chairman directly owned 562,724 shares of the company’s stock, valued at approximately $30,342,078.08. The trade was a 4.65% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Company insiders own 1.15% of the company’s stock.

Alexandria Real Estate Equities Stock Performance

Alexandria Real Estate Equities stock opened at $51.01 on Wednesday. The stock has a fifty day moving average of $54.11 and a two-hundred day moving average of $61.94. Alexandria Real Estate Equities, Inc. has a fifty-two week low of $44.10 and a fifty-two week high of $102.73. The company has a market capitalization of $8.84 billion, a price-to-earnings ratio of -6.04, a PEG ratio of 6.20 and a beta of 1.31. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.23 and a current ratio of 0.23.

Alexandria Real Estate Equities (NYSE:ARE) last announced its quarterly earnings data on Monday, January 26th. The real estate investment trust reported $2.16 earnings per share (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 business had revenue of $754.41 million for the quarter, compared to the consensus estimate of $742.64 million. During the same quarter in the prior year, the firm posted $2.39 earnings per share. 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. On average, analysts anticipate that Alexandria Real Estate Equities, Inc. will post 9.32 EPS for the current fiscal year.

Alexandria Real Estate Equities Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be given a $0.72 dividend. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $2.88 annualized dividend and a dividend yield of 5.6%. Alexandria Real Estate Equities’s dividend payout ratio is presently -34.12%.

Alexandria Real Estate Equities declared that its Board of Directors has initiated a share buyback program on Monday, December 8th that allows the company to repurchase $500.00 million in outstanding 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 programs are usually a sign that the company’s leadership believes its stock is undervalued.

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.