38,137 Shares in Alexandria Real Estate Equities, Inc. $ARE Purchased by Castle Hook Partners LP

Castle Hook Partners LP purchased a new position in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 38,137 shares of the real estate investment trust’s stock, valued at approximately $1,866,000.

Other hedge funds have also bought and sold shares of the company. Avalon Trust Co bought a new position in Alexandria Real Estate Equities during the third quarter worth about $29,000. BOKF NA grew its stake in Alexandria Real Estate Equities by 6,033.3% during the third quarter. BOKF NA now owns 368 shares of the real estate investment trust’s stock worth $31,000 after buying an additional 362 shares in the last quarter. CYBER HORNET ETFs LLC acquired a new stake in Alexandria Real Estate Equities during the second quarter worth about $30,000. CIBC Private Wealth Group LLC grew its stake in Alexandria Real Estate Equities by 109.6% during the third quarter. CIBC Private Wealth Group LLC now owns 436 shares of the real estate investment trust’s stock worth $36,000 after buying an additional 228 shares in the last quarter. Finally, MUFG Securities EMEA plc acquired a new stake in Alexandria Real Estate Equities during the second quarter worth about $33,000. 96.54% of the stock is owned by institutional investors.

Alexandria Real Estate Equities Trading Down 4.9%

ARE opened at $49.21 on Thursday. The company’s 50 day moving average is $47.62 and its 200-day moving average is $49.94. Alexandria Real Estate Equities, Inc. has a 1-year low of $39.41 and a 1-year high of $88.24. The company has a current ratio of 0.20, a quick ratio of 0.20 and a debt-to-equity ratio of 0.65. The company has a market cap of $8.58 billion, a P/E ratio of -7.85, a PEG ratio of 6.27 and a beta of 1.19.

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

Alexandria Real Estate Equities Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be paid a $0.72 dividend. This represents a $2.88 dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date is Tuesday, June 30th. Alexandria Real Estate Equities’s dividend payout ratio (DPR) is presently -45.93%.

Insider Activity at Alexandria Real Estate Equities

In related news, EVP Gregory Calvin Thomas purchased 3,500 shares of Alexandria Real Estate Equities stock in a transaction dated Thursday, April 30th. The shares were bought at an average cost of $41.00 per share, for a total transaction of $143,500.00. Following the purchase, the executive vice president owned 33,024 shares in the company, valued at approximately $1,353,984. This trade represents a 11.85% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Marc E. Binda sold 2,000 shares of the firm’s stock in a transaction that occurred on 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 in the company, valued at approximately $10,166,256. The trade was a 1.05% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 1.35% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on ARE shares. BNP Paribas Exane reduced their price objective on shares of Alexandria Real Estate Equities from $50.00 to $44.00 and set an “underperform” rating on the stock in a research note on Tuesday, April 28th. Cantor Fitzgerald reduced their price objective on shares of Alexandria Real Estate Equities from $60.00 to $43.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 29th. Evercore increased their price objective on shares of Alexandria Real Estate Equities from $55.00 to $58.00 and gave the stock an “outperform” rating in a research note on Monday, June 8th. Jefferies Financial Group reduced their price objective on shares of Alexandria Real Estate Equities from $57.00 to $47.00 and set a “hold” rating on the stock in a research note on Tuesday, April 14th. Finally, Wall Street Zen upgraded shares of Alexandria Real Estate Equities from a “sell” rating to a “hold” rating in a research note on Saturday, May 2nd. Three investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $51.62.

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.