Focus Partners Advisor Solutions LLC Acquires Shares of 22,672 Alexandria Real Estate Equities, Inc. $ARE

Focus Partners Advisor Solutions LLC acquired a new position in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 22,672 shares of the real estate investment trust’s stock, valued at approximately $1,198,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Norges Bank purchased a new position in shares of Alexandria Real Estate Equities during the fourth quarter worth approximately $805,429,000. Monaco Asset Management SAM purchased a new stake in Alexandria Real Estate Equities in the 4th quarter valued at $6,582,000. Diamond Hill Capital Management Inc. purchased a new stake in Alexandria Real Estate Equities in the 4th quarter valued at $8,445,000. Northwestern Mutual Wealth Management Co. boosted its stake in Alexandria Real Estate Equities by 789.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 51,884 shares of the real estate investment trust’s stock worth $2,539,000 after purchasing an additional 46,052 shares during the period. Finally, Lasalle Investment Management Securities LLC boosted its stake in Alexandria Real Estate Equities by 43.4% during the 4th quarter. Lasalle Investment Management Securities LLC now owns 1,703,228 shares of the real estate investment trust’s stock worth $83,356,000 after purchasing an additional 515,649 shares during the period. Institutional investors and hedge funds own 96.54% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have commented on ARE shares. Cantor Fitzgerald lifted their price objective on shares of Alexandria Real Estate Equities from $43.00 to $52.00 and gave the company a “neutral” rating in a research note on Wednesday, August 5th. Royal Bank Of Canada lowered their price target on Alexandria Real Estate Equities from $60.00 to $50.00 and set a “sector perform” rating on the stock in a report on Tuesday, May 5th. BNP Paribas Exane raised their price target on Alexandria Real Estate Equities from $45.00 to $48.00 and gave the stock an “underperform” rating in a report on Wednesday, August 5th. Robert W. Baird restated a “neutral” rating and issued a $46.00 price target (down from $67.00) on shares of Alexandria Real Estate Equities in a research report on Monday, May 4th. Finally, Wall Street Zen downgraded Alexandria Real Estate Equities from a “hold” rating to a “sell” rating in a research note on Saturday, August 8th. Two equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Reduce” and an average price target of $52.62.

Insider Buying and Selling

In other Alexandria Real Estate Equities news, CFO Marc E. Binda sold 2,000 shares of Alexandria Real Estate Equities stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of $54.00, for a total value of $108,000.00. Following the sale, the chief financial officer owned 188,264 shares of the company’s stock, valued at approximately $10,166,256. The trade was a 1.05% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.35% of the stock is currently owned by insiders.

Alexandria Real Estate Equities Stock Down 0.0%

Shares of Alexandria Real Estate Equities stock opened at $48.12 on Monday. The company has a market cap of $8.39 billion, a P/E ratio of -7.94 and a beta of 1.15. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.19 and a current ratio of 0.19. Alexandria Real Estate Equities, Inc. has a one year low of $39.41 and a one year high of $88.24. The firm has a fifty day moving average of $50.82 and a two-hundred day moving average of $49.78.

Alexandria Real Estate Equities (NYSE:ARE) last released its earnings results on Monday, August 3rd. The real estate investment trust reported ($0.43) EPS for the quarter, missing the consensus estimate of $0.09 by ($0.52). The firm had revenue of $662.78 million during the quarter, compared to analyst estimates 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 firm’s revenue was down 13.0% on a year-over-year basis. During the same quarter last year, the business posted $2.33 EPS. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.350-6.450 EPS. On average, analysts forecast that Alexandria Real Estate Equities, Inc. will post 6.37 earnings per share for the current year.

Alexandria Real Estate Equities Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors 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 yield of 6.0%. Alexandria Real Estate Equities’s dividend payout ratio (DPR) is presently -47.52%.

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.