Morgan Dempsey Capital Management LLC Cuts Position in Alexandria Real Estate Equities, Inc. $ARE

Morgan Dempsey Capital Management LLC lessened its holdings in Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 1.2% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 32,472 shares of the real estate investment trust’s stock after selling 410 shares during the quarter. Morgan Dempsey Capital Management LLC’s holdings in Alexandria Real Estate Equities were worth $2,401,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in ARE. Farther Finance Advisors LLC lifted its stake in shares of Alexandria Real Estate Equities by 16.4% in the first quarter. Farther Finance Advisors LLC now owns 1,084 shares of the real estate investment trust’s stock worth $99,000 after buying an additional 153 shares in the last quarter. SG Americas Securities LLC lifted its stake in shares of Alexandria Real Estate Equities by 44.4% in the first quarter. SG Americas Securities LLC now owns 4,928 shares of the real estate investment trust’s stock worth $456,000 after buying an additional 1,516 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Alexandria Real Estate Equities by 163.9% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 29,652 shares of the real estate investment trust’s stock worth $2,743,000 after buying an additional 18,416 shares in the last quarter. Exchange Traded Concepts LLC lifted its stake in shares of Alexandria Real Estate Equities by 9.1% in the first quarter. Exchange Traded Concepts LLC now owns 5,717 shares of the real estate investment trust’s stock worth $529,000 after buying an additional 476 shares in the last quarter. Finally, Janney Montgomery Scott LLC lifted its stake in shares of Alexandria Real Estate Equities by 6.8% in the first quarter. Janney Montgomery Scott LLC now owns 24,862 shares of the real estate investment trust’s stock worth $2,300,000 after buying an additional 1,588 shares in the last quarter. Institutional investors own 96.54% of the company’s stock.

Alexandria Real Estate Equities Stock Down 0.2%

ARE opened at $75.07 on Friday. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.61. Alexandria Real Estate Equities, Inc. has a 1-year low of $67.37 and a 1-year high of $122.25. The company has a market capitalization of $12.98 billion, a PE ratio of -577.45, a PEG ratio of 6.30 and a beta of 1.31. The firm’s 50 day simple moving average is $80.79 and its two-hundred day simple moving average is $77.04.

Alexandria Real Estate Equities (NYSE:ARE) last released its quarterly earnings results on Monday, July 21st. The real estate investment trust reported $2.33 earnings per share for the quarter, topping the consensus estimate of $2.29 by $0.04. Alexandria Real Estate Equities had a negative net margin of 0.33% and a negative return on equity of 0.05%. The business had revenue of $737.28 million for the quarter, compared to the consensus estimate of $748.02 million. During the same period last year, the firm earned $2.36 earnings per share. The company’s quarterly revenue was down .6% on a year-over-year basis. Alexandria Real Estate Equities has set its FY 2025 guidance at 9.160-9.360 EPS. As a group, equities analysts forecast that Alexandria Real Estate Equities, Inc. will post 9.32 EPS for the current year.

Alexandria Real Estate Equities Dividend Announcement

The firm also recently declared 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 was Tuesday, September 30th. This represents a $5.28 annualized dividend and a yield of 7.0%. Alexandria Real Estate Equities’s dividend payout ratio (DPR) is presently -4,061.54%.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on ARE shares. Cantor Fitzgerald dropped their target price on shares of Alexandria Real Estate Equities from $88.00 to $79.00 and set a “neutral” rating on the stock in a research note on Monday, October 13th. Evercore ISI upgraded shares of Alexandria Real Estate Equities from an “in-line” rating to an “outperform” rating and increased their price objective for the company from $91.00 to $104.00 in a research report on Monday, September 15th. Weiss Ratings restated a “sell (d)” rating on shares of Alexandria Real Estate Equities in a research report on Wednesday, October 8th. Royal Bank Of Canada lowered their price objective on shares of Alexandria Real Estate Equities from $100.00 to $98.00 and set a “sector perform” rating on the stock in a research report on Tuesday, July 29th. Finally, BNP Paribas downgraded shares of Alexandria Real Estate Equities from a “hold” rating to a “strong sell” rating and set a $82.00 price objective on the stock. in a research report on Wednesday, October 1st. Four equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Alexandria Real Estate Equities presently has an average rating of “Hold” and a consensus price target of $95.87.

About Alexandria Real Estate Equities

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.