Alexandria Real Estate Equities, Inc. $ARE Stake Lifted by Analyst IMS Investment Management Services Ltd.

Analyst IMS Investment Management Services Ltd. lifted its stake in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 48.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 721,671 shares of the real estate investment trust’s stock after acquiring an additional 235,093 shares during the period. Alexandria Real Estate Equities accounts for about 1.8% of Analyst IMS Investment Management Services Ltd.’s investment portfolio, making the stock its 7th largest position. Analyst IMS Investment Management Services Ltd.’s holdings in Alexandria Real Estate Equities were worth $52,415,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. Sound Income Strategies LLC purchased a new position in shares of Alexandria Real Estate Equities during the 2nd quarter worth about $25,000. American National Bank & Trust purchased a new position in shares of Alexandria Real Estate Equities during the 2nd quarter worth about $29,000. Avalon Trust Co acquired a new stake in Alexandria Real Estate Equities during the 1st quarter worth approximately $32,000. TruNorth Capital Management LLC acquired a new stake in Alexandria Real Estate Equities during the 1st quarter worth approximately $34,000. Finally, Cromwell Holdings LLC acquired a new stake in Alexandria Real Estate Equities during the 1st quarter worth approximately $36,000. 96.54% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts recently issued reports on ARE shares. BMO Capital Markets started coverage on shares of Alexandria Real Estate Equities in a research report on Tuesday, September 23rd. They set an “outperform” rating and a $100.00 target price for the company. BNP Paribas Exane dropped their target price on shares of Alexandria Real Estate Equities from $82.00 to $72.00 and set an “underperform” rating for the company in a research report on Tuesday. Royal Bank Of Canada dropped their target price on shares of Alexandria Real Estate Equities from $100.00 to $98.00 and set a “sector perform” rating for the company in a research report on Tuesday, July 29th. BNP Paribas downgraded shares of Alexandria Real Estate Equities from a “hold” rating to a “strong sell” rating and set a $82.00 target price for the company. in a research report on Wednesday, October 1st. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Alexandria Real Estate Equities in a research report on Wednesday, October 8th. Four research analysts have rated the stock with a Buy rating, six have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $95.00.

Alexandria Real Estate Equities Stock Down 19.1%

Shares of NYSE:ARE opened at $63.01 on Wednesday. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.61. Alexandria Real Estate Equities, Inc. has a 52-week low of $62.56 and a 52-week high of $116.52. The company has a 50 day moving average of $80.78 and a two-hundred day moving average of $76.81. The company has a market capitalization of $10.90 billion, a price-to-earnings ratio of -25.51, a price-to-earnings-growth ratio of 6.54 and a beta of 1.31.

Alexandria Real Estate Equities (NYSE:ARE) last issued its quarterly earnings data on Monday, October 27th. The real estate investment trust reported $2.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.31 by ($0.09). Alexandria Real Estate Equities had a negative net margin of 13.43% and a negative return on equity of 1.87%. The firm had revenue of $751.94 million during the quarter, compared to analyst estimates of $752.90 million. During the same period last year, the business earned $2.37 EPS. The firm’s revenue was down 5.0% compared to the same quarter last year. Alexandria Real Estate Equities has set its FY 2025 guidance at 8.980-9.040 EPS. As a group, analysts forecast that Alexandria Real Estate Equities, Inc. will post 9.32 earnings per share for the current fiscal year.

Alexandria Real Estate Equities Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th were given a $1.32 dividend. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $5.28 annualized dividend and a yield of 8.4%. Alexandria Real Estate Equities’s dividend payout ratio (DPR) is -4,061.54%.

Alexandria Real Estate Equities Profile

Alexandria Real Estate Equities, Inc (NYSE: ARE), an S&P 500 company, is a best-in-class, mission-driven life science REIT making a positive and lasting impact on the world. As the pioneer of the life science real estate niche since our founding in 1994, Alexandria is the preeminent and longest-tenured owner, operator, and developer of collaborative life science, agtech, and advanced technology mega campuses in AAA innovation cluster locations, including Greater Boston, the San Francisco Bay Area, New York City, San Diego, Seattle, Maryland, and Research Triangle.