Ellsworth Advisors LLC Makes New $1.92 Million Investment in Alexandria Real Estate Equities, Inc. $ARE

Ellsworth Advisors LLC acquired a new position in Alexandria Real Estate Equities, Inc. (NYSE:ARE) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 40,364 shares of the real estate investment trust’s stock, valued at approximately $1,916,000.

Several other large investors also recently modified their holdings of ARE. Assenagon Asset Management S.A. bought a new position in Alexandria Real Estate Equities in the third quarter valued at about $5,309,000. Brindle & Bay Financial Advisors LLC bought a new stake in shares of Alexandria Real Estate Equities during the 3rd quarter valued at about $61,000. State of Alaska Department of Revenue grew its stake in shares of Alexandria Real Estate Equities by 26.7% during the 3rd quarter. State of Alaska Department of Revenue now owns 128,247 shares of the real estate investment trust’s stock valued at $6,087,000 after purchasing an additional 27,031 shares during the period. TT Capital Management LLC grew its stake in shares of Alexandria Real Estate Equities by 3.2% during the 3rd quarter. TT Capital Management LLC now owns 96,809 shares of the real estate investment trust’s stock valued at $4,595,000 after purchasing an additional 3,016 shares during the period. Finally, Curated Wealth Partners LLC purchased a new stake in shares of Alexandria Real Estate Equities during the 3rd quarter valued at about $453,000. Institutional investors own 96.54% of the company’s stock.

Alexandria Real Estate Equities Trading Up 2.0%

Alexandria Real Estate Equities stock opened at $42.32 on Friday. Alexandria Real Estate Equities, Inc. has a 12-month low of $39.41 and a 12-month high of $78.51. The firm has a market capitalization of $7.37 billion, a price-to-earnings ratio of -6.98 and a beta of 1.16. The firm has a 50 day moving average of $49.73 and a 200 day moving average of $49.07. 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 (NYSE:ARE) last issued its quarterly earnings results on Monday, August 3rd. The real estate investment trust reported ($0.43) earnings per share 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 analysts’ expectations of $464.86 million. During the same period in the prior year, the firm earned $2.33 EPS. Alexandria Real Estate Equities’s revenue for the quarter was down 13.0% compared to the same quarter last year. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.350-6.450 EPS. As a group, research analysts predict that Alexandria Real Estate Equities, Inc. will post 6.39 earnings per share for the current year.

Alexandria Real Estate Equities Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th were given a dividend of $0.72 per share. This represents a $2.88 annualized dividend and a dividend yield of 6.8%. The ex-dividend date was Wednesday, September 30th. Alexandria Real Estate Equities’s dividend payout ratio (DPR) is presently -47.52%.

Insider Activity at Alexandria Real Estate Equities

In other Alexandria Real Estate Equities news, EVP Kristina Fukuzaki-Carlson sold 16,810 shares of the stock in a transaction on Friday, September 11th. The stock was sold at an average price of $50.51, for a total value of $849,073.10. Following the completion of the sale, the executive vice president owned 39,152 shares in the company, valued at approximately $1,977,567.52. This represents a 30.04% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CAO Andres Gavinet sold 10,000 shares of Alexandria Real Estate Equities stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $50.93, for a total value of $509,300.00. Following the sale, the chief accounting officer directly owned 102,516 shares in the company, valued at $5,221,139.88. This trade represents a 8.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.35% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

ARE has been the topic of several recent research reports. Jefferies Financial Group lowered their price objective on shares of Alexandria Real Estate Equities from $47.00 to $46.00 and set a “hold” rating on the stock in a research note on Thursday, September 24th. Robert W. Baird raised their price objective on shares of Alexandria Real Estate Equities from $46.00 to $52.00 and gave the stock a “neutral” rating in a report on Monday, August 24th. Cantor Fitzgerald boosted 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 report on Wednesday, August 5th. JPMorgan Chase & Co. cut shares of Alexandria Real Estate Equities from a “neutral” rating to an “underweight” rating and set a $56.00 target price for the company. in a report on Thursday, September 24th. Finally, Wall Street Zen cut shares of Alexandria Real Estate Equities from a “hold” rating to a “sell” rating in a report on Saturday, August 8th. Two research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat.com, Alexandria Real Estate Equities presently has a consensus rating of “Reduce” and a consensus target price of $50.86.

Alexandria Real Estate Equities Company Profile

Alexandria Real Estate Equities, Inc (NYSE:ARE) is a real estate investment trust focused on owning, operating and developing collaborative life science, agtech and advanced technology campuses. The company provides specialized laboratory, research and office space for organizations involved in biotechnology, pharmaceuticals, medical devices, diagnostics, healthcare and related fields.

Alexandria’s properties are designed to support innovation through purpose-built facilities, shared amenities and environments that encourage collaboration among companies, academic institutions, medical centers and research organizations.