Commonwealth of Pennsylvania Public School Empls Retrmt SYS Has $5.33 Million Stake in Alexandria Real Estate Equities, Inc. $ARE

Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its holdings in Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 16.3% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 108,949 shares of the real estate investment trust’s stock after acquiring an additional 15,300 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Alexandria Real Estate Equities were worth $5,332,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. DNB Asset Management AS lifted its position in shares of Alexandria Real Estate Equities by 121.4% in the third quarter. DNB Asset Management AS now owns 92,657 shares of the real estate investment trust’s stock valued at $7,722,000 after buying an additional 50,810 shares during the last quarter. Cbre Investment Management Listed Real Assets LLC lifted its position in shares of Alexandria Real Estate Equities by 159.3% in the third quarter. Cbre Investment Management Listed Real Assets LLC now owns 491,416 shares of the real estate investment trust’s stock valued at $40,955,000 after buying an additional 301,906 shares during the last quarter. Savant Capital LLC lifted its position in shares of Alexandria Real Estate Equities by 64.2% in the third quarter. Savant Capital LLC now owns 54,617 shares of the real estate investment trust’s stock valued at $4,552,000 after buying an additional 21,347 shares during the last quarter. Gradient Investments LLC lifted its position in shares of Alexandria Real Estate Equities by 1,453.9% in the fourth quarter. Gradient Investments LLC now owns 257,838 shares of the real estate investment trust’s stock valued at $12,619,000 after buying an additional 241,245 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. lifted its position in shares of Alexandria Real Estate Equities by 186.8% in the third quarter. Oppenheimer Asset Management Inc. now owns 58,449 shares of the real estate investment trust’s stock valued at $4,871,000 after buying an additional 38,071 shares during the last quarter. 96.54% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. JPMorgan Chase & Co. cut their price objective on Alexandria Real Estate Equities from $63.00 to $57.00 and set a “neutral” rating for the company in a research report on Tuesday, March 10th. Weiss Ratings reiterated a “sell (d)” rating on shares of Alexandria Real Estate Equities in a research note on Monday, April 20th. Robert W. Baird reiterated a “neutral” rating and set a $46.00 target price (down from $67.00) on shares of Alexandria Real Estate Equities in a research note on Monday, May 4th. BMO Capital Markets reiterated a “market perform” rating and set a $52.00 target price (down from $65.00) on shares of Alexandria Real Estate Equities in a research note on Wednesday, March 25th. Finally, Morgan Stanley lowered their target price on Alexandria Real Estate Equities from $54.00 to $53.00 and set an “equal weight” rating on the stock in a research note on Tuesday, May 26th. Three 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. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $51.23.

Alexandria Real Estate Equities Stock Performance

NYSE ARE opened at $52.82 on Wednesday. The company has a quick ratio of 0.20, a current ratio of 0.20 and a debt-to-equity ratio of 0.65. The company has a market capitalization of $9.20 billion, a P/E ratio of -8.42, a P/E/G ratio of 5.89 and a beta of 1.19. Alexandria Real Estate Equities, Inc. has a 12-month low of $39.41 and a 12-month high of $88.24. The firm has a 50-day moving average price of $46.14 and a two-hundred day moving average price of $49.91.

Alexandria Real Estate Equities (NYSE:ARE) last posted its quarterly earnings data on Monday, April 27th. The real estate investment trust reported $1.73 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.73. The firm had revenue of $671.02 million during the quarter, compared to the consensus estimate of $684.78 million. Alexandria Real Estate Equities had a negative net margin of 36.03% and a negative return on equity of 5.21%. The business’s revenue for the quarter was down 11.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.30 EPS. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.300-6.500 EPS. Analysts anticipate that Alexandria Real Estate Equities, Inc. will post 6.4 earnings per share for the current year.

Alexandria Real Estate Equities Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be issued a $0.72 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $2.88 annualized dividend and a yield of 5.5%. Alexandria Real Estate Equities’s payout ratio is currently -45.93%.

Insider Buying and Selling at Alexandria Real Estate Equities

In other Alexandria Real Estate Equities news, EVP Hallie E. Kuhn sold 536 shares of Alexandria Real Estate Equities stock in a transaction on Friday, April 17th. The stock was sold at an average price of $48.20, for a total value of $25,835.20. Following the completion of the transaction, the executive vice president directly owned 48,301 shares of the company’s stock, valued at $2,328,108.20. The trade was a 1.10% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Gregory Calvin Thomas acquired 3,500 shares of the company’s stock in a transaction on Thursday, April 30th. The stock was bought at an average cost of $41.00 per share, with a total value of $143,500.00. Following the completion of the acquisition, the executive vice president directly owned 33,024 shares in the company, valued at approximately $1,353,984. This represents a 11.85% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 1.35% of the company’s stock.

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.