Fox Run Management L.L.C. Purchases Shares of 10,328 Alexandria Real Estate Equities, Inc. $ARE

Fox Run Management L.L.C. purchased a new position in Alexandria Real Estate Equities, Inc. (NYSE:ARE) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 10,328 shares of the real estate investment trust’s stock, valued at approximately $861,000.

A number of other institutional investors have also recently made changes to their positions in the company. MAI Capital Management lifted its position in shares of Alexandria Real Estate Equities by 16.1% in the third quarter. MAI Capital Management now owns 47,511 shares of the real estate investment trust’s stock worth $3,960,000 after buying an additional 6,581 shares in the last quarter. Greenland Capital Management LP bought a new stake in Alexandria Real Estate Equities in the 3rd quarter worth approximately $4,010,000. Mufg Securities Americas Inc. raised its holdings in shares of Alexandria Real Estate Equities by 23.0% during the 3rd quarter. Mufg Securities Americas Inc. now owns 4,198 shares of the real estate investment trust’s stock worth $350,000 after acquiring an additional 786 shares in the last quarter. First Financial Bankshares Inc raised its holdings in shares of Alexandria Real Estate Equities by 5.1% during the 3rd quarter. First Financial Bankshares Inc now owns 693,603 shares of the real estate investment trust’s stock worth $57,805,000 after acquiring an additional 33,421 shares in the last quarter. Finally, Clearstead Advisors LLC boosted its position in shares of Alexandria Real Estate Equities by 25.3% during the 3rd quarter. Clearstead Advisors LLC now owns 1,314 shares of the real estate investment trust’s stock valued at $110,000 after acquiring an additional 265 shares during the last quarter. Hedge funds and other institutional investors own 96.54% of the company’s stock.

Analyst Ratings Changes

ARE has been the topic of several research reports. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Alexandria Real Estate Equities from $53.00 to $55.00 and gave the stock a “hold” rating in a research report on Monday, February 2nd. Morgan Stanley decreased 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 report on Monday, February 9th. Mizuho lowered their price target on shares of Alexandria Real Estate Equities from $91.00 to $70.00 and set an “outperform” rating for the company in a report on Friday, January 9th. Robert W. Baird reduced their price objective on Alexandria Real Estate Equities from $73.00 to $67.00 and set an “outperform” rating on the stock in a research note on Thursday, December 4th. Finally, JPMorgan Chase & Co. decreased their price objective on Alexandria Real Estate Equities from $65.00 to $63.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 14th. Four research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Alexandria Real Estate Equities currently has an average rating of “Hold” and a consensus price target of $65.73.

Insiders Place Their Bets

In related news, Director Sheila K. Mcgrath bought 3,100 shares of the stock in a transaction dated Wednesday, December 10th. The stock was purchased at an average cost of $45.60 per share, with a total value of $141,360.00. Following the completion of the purchase, the director owned 8,392 shares of the company’s stock, valued at $382,675.20. This trade represents a 58.58% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Chairman Joel S. Marcus purchased 25,000 shares of the business’s 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 acquisition, the chairman 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 position. Additional details regarding this purchase are available in the official SEC disclosure. 1.08% of the stock is owned by insiders.

Alexandria Real Estate Equities Stock Performance

Shares of NYSE:ARE opened at $55.20 on Friday. The company has a market capitalization of $9.57 billion, a price-to-earnings ratio of -6.54, a PEG ratio of 6.55 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 firm’s 50-day moving average is $53.55 and its 200 day moving average is $63.48. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.65.

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, topping 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 during the quarter, compared to the consensus estimate of $742.64 million. During the same quarter last year, the firm earned $2.39 earnings per share. The firm’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. Research analysts predict that Alexandria Real Estate Equities, Inc. will post 9.32 EPS for the current 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. This represents a $2.88 dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date of this dividend was Wednesday, December 31st. Alexandria Real Estate Equities’s dividend payout ratio (DPR) is currently -34.12%.

Alexandria Real Estate Equities declared that its Board of Directors has approved a share buyback program on Monday, December 8th that authorizes the company to repurchase $500.00 million in outstanding shares. This repurchase authorization authorizes the real estate investment trust to repurchase up to 6.4% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s board of directors believes its shares are undervalued.

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.