Gregory Calvin Thomas Acquires 3,500 Shares of Alexandria Real Estate Equities (NYSE:ARE) Stock

Alexandria Real Estate Equities, Inc. (NYSE:ARE) EVP Gregory Calvin Thomas acquired 3,500 shares of Alexandria Real Estate Equities 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 purchase, the executive vice president directly owned 33,024 shares of the company’s stock, valued at $1,353,984. The trade was a 11.85% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Alexandria Real Estate Equities Price Performance

NYSE:ARE opened at $43.79 on Wednesday. The firm has a market capitalization of $7.63 billion, a price-to-earnings ratio of -6.98, a PEG ratio of 4.98 and a beta of 1.12. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.20 and a quick ratio of 0.20. The business has a 50 day simple moving average of $47.70 and a 200-day simple moving average of $52.25. Alexandria Real Estate Equities, Inc. has a 1 year low of $39.41 and a 1 year high of $88.24.

Alexandria Real Estate Equities (NYSE:ARE) last released its quarterly earnings results on Monday, April 27th. The real estate investment trust reported $1.73 earnings per share for the quarter, meeting the consensus estimate of $1.73. The company 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%.Alexandria Real Estate Equities’s quarterly revenue was down 11.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.30 EPS. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.300-6.500 EPS. Equities analysts forecast that Alexandria Real Estate Equities, Inc. will post 6.4 EPS for the current year.

Alexandria Real Estate Equities Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were issued a $0.72 dividend. This represents a $2.88 annualized dividend and a dividend yield of 6.6%. The ex-dividend date was Tuesday, March 31st. Alexandria Real Estate Equities’s dividend payout ratio (DPR) is -45.93%.

Analyst Ratings Changes

ARE has been the topic of several analyst reports. Evercore set a $55.00 price target on shares of Alexandria Real Estate Equities in a report on Monday. Jefferies Financial Group decreased their price objective on shares of Alexandria Real Estate Equities from $57.00 to $47.00 and set a “hold” rating for the company in a research note on Tuesday, April 14th. Morgan Stanley dropped their target price on Alexandria Real Estate Equities from $55.00 to $54.00 and set an “equal weight” rating for the company in a research report on Monday, February 9th. Robert W. Baird reaffirmed a “neutral” rating and set a $46.00 target price (down from $67.00) on shares of Alexandria Real Estate Equities in a research note on Monday. Finally, Citigroup reiterated an “outperform” rating on shares of Alexandria Real Estate Equities in a report on Monday. Three analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $51.92.

Key Stories Impacting Alexandria Real Estate Equities

Here are the key news stories impacting Alexandria Real Estate Equities this week:

• Positive Sentiment: EVP Gregory Calvin Thomas bought 3,500 shares at about $41, increasing his stake ~11.9% — a clear insider vote of confidence that likely supported buying interest. Gregory Calvin Thomas Acquires 3,500 Shares of Alexandria Real Estate Equities (NYSE:ARE) Stock
• Negative Sentiment: Royal Bank of Canada cut its price target to $50 (from $60) and set a “sector perform” rating, trimming upside and likely weighing on investor sentiment. The new PT implies only modest upside from current levels. RBC cuts price target on Alexandria Real Estate Equities to $50 from $60; keeps sector perform rating
• Negative Sentiment: Robert W. Baird lowered its price objective sharply to $46 (from $67) and maintained a neutral rating — a sizable cut that increases near-term downside risk and likely pressured short-term flows. Baird downgrades Alexandria Real Estate despite 56% upside forecast

Institutional Investors Weigh In On Alexandria Real Estate Equities

Hedge funds have recently made changes to their positions in the company. DNB Asset Management AS increased its position in Alexandria Real Estate Equities by 121.4% during the 3rd quarter. DNB Asset Management AS now owns 92,657 shares of the real estate investment trust’s stock valued at $7,722,000 after purchasing an additional 50,810 shares during the period. Nan Fung Trinity HK Ltd. purchased a new stake in shares of Alexandria Real Estate Equities in the 3rd quarter worth approximately $14,664,000. Harvey Capital Management Inc. lifted its position in shares of Alexandria Real Estate Equities by 91.8% in the 3rd quarter. Harvey Capital Management Inc. now owns 45,600 shares of the real estate investment trust’s stock worth $3,800,000 after purchasing an additional 21,825 shares during the period. Phoenix Financial Ltd. bought a new position in shares of Alexandria Real Estate Equities during the third quarter valued at approximately $1,957,000. Finally, Cbre Investment Management Listed Real Assets LLC boosted its stake in shares of Alexandria Real Estate Equities by 159.3% during the third quarter. Cbre Investment Management Listed Real Assets LLC now owns 491,416 shares of the real estate investment trust’s stock valued at $40,955,000 after purchasing an additional 301,906 shares in the last quarter. 96.54% of the stock is currently owned by hedge funds and other institutional investors.

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.