Evolve Private Wealth LLC Buys New Stake in Alexandria Real Estate Equities, Inc. $ARE

Evolve Private Wealth LLC purchased a new position in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 14,872 shares of the real estate investment trust’s stock, valued at approximately $796,000.

Other large investors have also recently added to or reduced their stakes in the company. FNY Investment Advisers LLC purchased a new position in Alexandria Real Estate Equities in the second quarter valued at about $26,000. Basecamp Wealth Advisors LLC boosted its position in shares of Alexandria Real Estate Equities by 3,723.5% in the first quarter. Basecamp Wealth Advisors LLC now owns 650 shares of the real estate investment trust’s stock worth $30,000 after buying an additional 633 shares during the period. CYBER HORNET ETFs LLC acquired a new stake in shares of Alexandria Real Estate Equities in the second quarter valued at about $30,000. BOKF NA grew its stake in shares of 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 valued at $31,000 after buying an additional 362 shares in the last quarter. Finally, MUFG Securities EMEA plc purchased a new stake in shares of Alexandria Real Estate Equities during the 2nd quarter valued at about $33,000. 96.54% of the stock is currently owned by institutional investors and hedge funds.

Alexandria Real Estate Equities Price Performance

Shares of ARE opened at $53.42 on Monday. The firm has a market cap of $9.31 billion, a price-to-earnings ratio of -8.82 and a beta of 1.15. The stock has a 50 day moving average of $50.58 and a 200-day moving average of $49.60. The company has a current ratio of 0.19, a quick ratio of 0.19 and a debt-to-equity ratio of 0.67. Alexandria Real Estate Equities, Inc. has a 52 week low of $39.41 and a 52 week high of $88.24.

Alexandria Real Estate Equities (NYSE:ARE) last posted its quarterly earnings results 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). Alexandria Real Estate Equities had a negative net margin of 36.08% and a negative return on equity of 5.21%. The firm had revenue of $662.78 million for the quarter, compared to analyst estimates of $464.86 million. During the same period in the prior year, the company posted $2.33 earnings per share. The business’s revenue was down 13.0% on a year-over-year basis. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.350-6.450 EPS. As a group, analysts forecast that Alexandria Real Estate Equities, Inc. will post 6.38 EPS for the current year.

Alexandria Real Estate Equities Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were paid a dividend of $0.72 per share. The ex-dividend date was Tuesday, June 30th. This represents a $2.88 annualized dividend and a yield of 5.4%. Alexandria Real Estate Equities’s payout ratio is presently -47.52%.

Wall Street Analyst Weigh In

A number of research firms have weighed in on ARE. Robert W. Baird restated a “neutral” rating and issued a $46.00 price target (down from $67.00) on shares of Alexandria Real Estate Equities in a report on Monday, May 4th. Weiss Ratings reissued a “sell (d)” rating on shares of Alexandria Real Estate Equities in a research report on Friday, July 17th. Cantor Fitzgerald upped their target price on shares of Alexandria Real Estate Equities from $43.00 to $52.00 and gave the company a “neutral” rating in a research note on Wednesday, August 5th. Royal Bank Of Canada lowered their price target on shares of Alexandria Real Estate Equities from $60.00 to $50.00 and set a “sector perform” rating for the company in a report on Tuesday, May 5th. Finally, The Goldman Sachs Group reiterated a “neutral” rating and issued a $52.00 price objective on shares of Alexandria Real Estate Equities in a report on Tuesday, May 19th. Two investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Reduce” and a consensus price target of $52.38.

Insiders Place Their Bets

In related news, CFO Marc E. Binda sold 2,000 shares of the business’s stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $54.00, for a total transaction 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Chairman Joel S. Marcus acquired 5,000 shares of the company’s stock in a transaction that occurred on Monday, August 17th. The shares were acquired at an average price of $46.28 per share, for a total transaction of $231,400.00. Following the purchase, the chairman owned 592,724 shares of the company’s stock, valued at $27,431,266.72. This trade represents a 0.85% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 1.35% of the stock is currently owned by corporate insiders.

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.