Hahn Capital Management LLC Sells 14,949 Shares of Alexandria Real Estate Equities, Inc. $ARE

Hahn Capital Management LLC decreased its position in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 19.7% during the first quarter, HoldingsChannel reports. The firm owned 61,093 shares of the real estate investment trust’s stock after selling 14,949 shares during the period. Alexandria Real Estate Equities makes up approximately 1.8% of Hahn Capital Management LLC’s holdings, making the stock its 24th biggest holding. Hahn Capital Management LLC’s holdings in Alexandria Real Estate Equities were worth $2,836,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in ARE. Kera Capital Partners Inc. increased its position in shares of Alexandria Real Estate Equities by 9.4% during the 1st quarter. Kera Capital Partners Inc. now owns 8,478 shares of the real estate investment trust’s stock valued at $394,000 after purchasing an additional 725 shares during the last quarter. Bessemer Group Inc. lifted its position in Alexandria Real Estate Equities by 199.3% in the 1st quarter. Bessemer Group Inc. now owns 2,553 shares of the real estate investment trust’s stock worth $118,000 after buying an additional 1,700 shares during the last quarter. D.A. Davidson & CO. purchased a new stake in Alexandria Real Estate Equities in the first quarter worth approximately $277,000. Bank of New York Mellon Corp grew its position in Alexandria Real Estate Equities by 3.5% during the first quarter. Bank of New York Mellon Corp now owns 1,120,991 shares of the real estate investment trust’s stock valued at $52,036,000 after acquiring an additional 38,392 shares during the last quarter. Finally, Blackhawk Capital Partners LLC grew its position in Alexandria Real Estate Equities by 91.6% during the first quarter. Blackhawk Capital Partners LLC now owns 11,885 shares of the real estate investment trust’s stock valued at $552,000 after acquiring an additional 5,683 shares during the last quarter. Institutional investors own 96.54% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. Citigroup reissued an “outperform” rating on shares of Alexandria Real Estate Equities in a research note on Monday, May 4th. Morgan Stanley reaffirmed an “underweight” rating and set a $53.00 target price on shares of Alexandria Real Estate Equities in a report on Thursday, June 11th. Royal Bank Of Canada decreased their target price on shares of Alexandria Real Estate Equities from $60.00 to $50.00 and set a “sector perform” rating on the stock in a research report on Tuesday, May 5th. BMO Capital Markets boosted their price target on shares of Alexandria Real Estate Equities from $52.00 to $54.00 and gave the stock a “market perform” rating in a research note on Friday, June 12th. Finally, BNP Paribas Exane raised their price objective on Alexandria Real Estate Equities from $44.00 to $45.00 and gave the company an “underperform” rating in a research note on Wednesday, July 1st. Three investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $51.08.

Insider Activity

In other Alexandria Real Estate Equities news, EVP Gregory Calvin Thomas bought 3,500 shares of the business’s stock in a transaction that occurred on Thursday, April 30th. The shares were bought at an average cost of $41.00 per share, with a total value 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. This trade represents a 11.85% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CFO Marc E. Binda sold 2,000 shares of the business’s stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $54.00, for a total value of $108,000.00. Following the transaction, the chief financial officer owned 188,264 shares in the company, valued at approximately $10,166,256. This represents a 1.05% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 1.35% of the company’s stock.

Alexandria Real Estate Equities Stock Down 0.1%

Shares of Alexandria Real Estate Equities stock opened at $50.19 on Monday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.20 and a current ratio of 0.20. Alexandria Real Estate Equities, Inc. has a 52-week low of $39.41 and a 52-week high of $88.24. The company’s 50 day moving average price is $50.10 and its 200-day moving average price is $50.35. The stock has a market capitalization of $8.75 billion, a price-to-earnings ratio of -8.00, a P/E/G ratio of 6.11 and a beta of 1.17.

Alexandria Real Estate Equities (NYSE:ARE) last posted its quarterly earnings results on Monday, April 27th. The real estate investment trust reported $1.73 EPS for the quarter, meeting analysts’ consensus estimates of $1.73. The company had revenue of $671.02 million during the quarter, compared to analyst estimates of $684.78 million. Alexandria Real Estate Equities had a negative net margin of 36.03% and a negative return on equity of 5.21%. The firm’s revenue was down 11.5% compared to the same quarter last year. During the same period in the prior year, the business posted $2.30 EPS. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.300-6.500 EPS. Equities research analysts forecast that Alexandria Real Estate Equities, Inc. will post 6.37 EPS 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. 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 5.7%. Alexandria Real Estate Equities’s payout ratio is presently -45.93%.

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.