Nuance Investments LLC Invests $6.69 Million in Alexandria Real Estate Equities, Inc. $ARE

Nuance Investments LLC acquired a new position in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) during the 2nd quarter, Holdings Channel reports. The fund acquired 126,634 shares of the real estate investment trust’s stock, valued at approximately $6,693,000. Alexandria Real Estate Equities comprises approximately 1.1% of Nuance Investments LLC’s investment portfolio, making the stock its 24th largest position.

Several other hedge funds have also recently made changes to their positions in the business. FNY Investment Advisers LLC bought a new stake in shares of Alexandria Real Estate Equities in the 2nd quarter valued at approximately $26,000. Basecamp Wealth Advisors LLC boosted its stake in shares of Alexandria Real Estate Equities by 3,723.5% during the first quarter. Basecamp Wealth Advisors LLC now owns 650 shares of the real estate investment trust’s stock valued at $30,000 after purchasing an additional 633 shares during the period. CYBER HORNET ETFs LLC purchased a new stake in Alexandria Real Estate Equities in the 2nd quarter valued at about $30,000. BOKF NA grew its stake in Alexandria Real Estate Equities by 6,033.3% in the third quarter. BOKF NA now owns 368 shares of the real estate investment trust’s stock worth $31,000 after purchasing an additional 362 shares in the last quarter. Finally, MUFG Securities EMEA plc bought a new position in shares of Alexandria Real Estate Equities during the 2nd quarter worth $33,000. 96.54% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Alexandria Real Estate Equities

In other news, CFO Marc E. Binda sold 2,000 shares of the stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of $54.00, for a total value of $108,000.00. Following the completion of the sale, the chief financial officer owned 188,264 shares of the company’s stock, valued at $10,166,256. This represents a 1.05% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.35% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the stock. Citizens Jmp reiterated a “market perform” rating on shares of Alexandria Real Estate Equities in a research note on Monday. Mizuho reduced their target price on Alexandria Real Estate Equities from $70.00 to $60.00 and set an “outperform” rating for the company in a research note on Monday, July 6th. Royal Bank Of Canada decreased their price objective on shares of Alexandria Real Estate Equities from $60.00 to $50.00 and set a “sector perform” rating for the company in a research note on Tuesday, May 5th. BMO Capital Markets upped their target price on Alexandria Real Estate Equities from $52.00 to $54.00 and gave the stock a “market perform” rating in a research note on Friday, June 12th. Finally, Zacks Research lowered shares of Alexandria Real Estate Equities from a “hold” rating to a “strong sell” rating in a research report on Friday, July 17th. Two research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat.com, Alexandria Real Estate Equities currently has an average rating of “Reduce” and a consensus target price of $52.38.

Alexandria Real Estate Equities Trading Down 2.6%

Shares of ARE stock opened at $46.89 on Tuesday. The firm has a market capitalization of $8.17 billion, a P/E ratio of -7.74 and a beta of 1.15. Alexandria Real Estate Equities, Inc. has a fifty-two week low of $39.41 and a fifty-two week high of $88.24. The stock’s fifty day moving average is $50.75 and its two-hundred day moving average is $49.70. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.19 and a current ratio of 0.19.

Alexandria Real Estate Equities (NYSE:ARE) last announced its quarterly earnings data on Monday, August 3rd. The real estate investment trust reported ($0.43) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.09 by ($0.52). The business had revenue of $662.78 million for the quarter, compared to analysts’ expectations of $464.86 million. Alexandria Real Estate Equities had a negative net margin of 36.08% and a negative return on equity of 5.21%. The firm’s revenue was down 13.0% on a year-over-year basis. During the same period in the prior year, the company posted $2.33 EPS. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.350-6.450 EPS. Research analysts expect that Alexandria Real Estate Equities, Inc. will post 6.37 earnings per share for the current fiscal year.

Alexandria Real Estate Equities Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were issued a $0.72 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $2.88 dividend on an annualized basis and a dividend yield of 6.1%. Alexandria Real Estate Equities’s dividend payout ratio is currently -47.52%.

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.