Inceptionr LLC acquired a new position in Alexandria Real Estate Equities, Inc. (NYSE:ARE – Free Report) in the 1st quarter, HoldingsChannel reports. The fund acquired 10,683 shares of the real estate investment trust’s stock, valued at approximately $496,000.
A number of other large investors also recently bought and sold shares of the business. Norges Bank purchased a new stake in shares of Alexandria Real Estate Equities during the fourth quarter valued at $805,429,000. Sumitomo Mitsui Trust Group Inc. lifted its holdings in Alexandria Real Estate Equities by 21.8% during the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,415,876 shares of the real estate investment trust’s stock valued at $69,293,000 after buying an additional 253,402 shares in the last quarter. Monaco Asset Management SAM bought a new stake in Alexandria Real Estate Equities during the 4th quarter valued at about $6,582,000. Thompson Investment Management Inc. boosted its position in Alexandria Real Estate Equities by 53.0% in the 4th quarter. Thompson Investment Management Inc. now owns 172,094 shares of the real estate investment trust’s stock valued at $8,422,000 after buying an additional 59,613 shares during the period. Finally, SG Americas Securities LLC boosted its position in Alexandria Real Estate Equities by 708.2% in the 4th quarter. SG Americas Securities LLC now owns 155,420 shares of the real estate investment trust’s stock valued at $7,606,000 after buying an additional 136,190 shares during the period. Hedge funds and other institutional investors own 96.54% of the company’s stock.
Insider Buying and Selling
In other Alexandria Real Estate Equities news, Chairman Joel S. Marcus bought 7,500 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The shares were purchased at an average price of $42.72 per share, for a total transaction of $320,400.00. Following the transaction, the chairman directly owned 587,724 shares of the company’s stock, valued at approximately $25,107,569.28. This represents a 1.29% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Gregory Calvin Thomas acquired 3,500 shares of the firm’s stock in a transaction on 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 completion of the acquisition, the executive vice president owned 33,024 shares of the company’s stock, valued at approximately $1,353,984. This represents a 11.85% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 1.35% of the stock is currently owned by insiders.
Analyst Upgrades and Downgrades
Read Our Latest Analysis on Alexandria Real Estate Equities
Alexandria Real Estate Equities Stock Up 1.7%
NYSE:ARE opened at $50.98 on Friday. The company has a market cap of $8.88 billion, a PE ratio of -8.13, a P/E/G ratio of 6.21 and a beta of 1.17. Alexandria Real Estate Equities, Inc. has a twelve month low of $39.41 and a twelve month 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’s 50 day moving average is $50.51 and its two-hundred day moving average is $50.38.
Alexandria Real Estate Equities (NYSE:ARE – Get Free Report) last announced its quarterly earnings data 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. The business had revenue of $671.02 million for the quarter, compared to analyst estimates of $684.78 million. Alexandria Real Estate Equities had a negative return on equity of 5.21% and a negative net margin of 36.03%.The company’s revenue was down 11.5% on a year-over-year basis. During the same period in the prior year, the company earned $2.30 earnings per share. 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 6.36 EPS for the current year.
Alexandria Real Estate Equities Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were given a $0.72 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $2.88 dividend on an annualized basis and a dividend yield of 5.6%. Alexandria Real Estate Equities’s dividend payout ratio is -45.93%.
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.
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