Sigma Planning Corp bought a new position in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE – Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 28,282 shares of the real estate investment trust’s stock, valued at approximately $1,495,000.
A number of other large investors have also recently modified their holdings of the company. Wedbush Securities Inc. grew its stake in Alexandria Real Estate Equities by 20.8% in the second quarter. Wedbush Securities Inc. now owns 8,266 shares of the real estate investment trust’s stock worth $437,000 after purchasing an additional 1,424 shares in the last quarter. Greenleaf Trust bought a new position in shares of Alexandria Real Estate Equities during the 2nd quarter worth $264,000. New Mexico Educational Retirement Board increased its stake in shares of Alexandria Real Estate Equities by 8.3% during the second quarter. New Mexico Educational Retirement Board now owns 7,800 shares of the real estate investment trust’s stock valued at $412,000 after buying an additional 600 shares during the period. Mufg Securities Americas Inc. raised its holdings in shares of Alexandria Real Estate Equities by 9.5% in the second quarter. Mufg Securities Americas Inc. now owns 4,724 shares of the real estate investment trust’s stock valued at $250,000 after acquiring an additional 408 shares in the last quarter. Finally, Hsbc Holdings PLC raised its holdings in shares of Alexandria Real Estate Equities by 15.2% in the second quarter. Hsbc Holdings PLC now owns 1,208,572 shares of the real estate investment trust’s stock valued at $64,485,000 after acquiring an additional 159,552 shares in the last quarter. Hedge funds and other institutional investors own 96.54% of the company’s stock.
Insider Activity
In other Alexandria Real Estate Equities news, CFO Marc E. Binda sold 2,000 shares of Alexandria Real Estate Equities stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $54.00, for a total transaction of $108,000.00. Following the completion of the transaction, the chief financial officer owned 188,264 shares in the company, valued at approximately $10,166,256. This trade represents a 1.05% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Chairman Joel S. Marcus bought 5,000 shares of the stock in a transaction dated Monday, August 17th. The stock was bought at an average price of $46.28 per share, for a total transaction of $231,400.00. Following the purchase, the chairman directly owned 592,724 shares of the company’s stock, valued at approximately $27,431,266.72. The trade was a 0.85% 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 company insiders.
Analyst Upgrades and Downgrades
Get Our Latest Stock Report on ARE
Alexandria Real Estate Equities Trading Down 0.5%
Shares of NYSE:ARE opened at $51.32 on Tuesday. The company has a quick ratio of 0.19, a current 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. The stock has a market cap of $8.94 billion, a price-to-earnings ratio of -8.47 and a beta of 1.15. The business has a 50-day moving average price of $50.76 and a 200-day moving average price of $49.47.
Alexandria Real Estate Equities (NYSE:ARE – Get Free Report) 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 analysts’ consensus estimates of $0.09 by ($0.52). The business had revenue of $662.78 million for the quarter, compared to analysts’ expectations of $464.86 million. Alexandria Real Estate Equities had a negative return on equity of 5.21% and a negative net margin of 36.08%.The business’s quarterly revenue was down 13.0% compared to the same quarter last year. During the same period in the prior year, the business posted $2.33 earnings per share. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.350-6.450 EPS. Equities analysts predict that Alexandria Real Estate Equities, Inc. will post 6.39 EPS for the current year.
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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