SYM FINANCIAL Corp Makes New $359,000 Investment in Alexandria Real Estate Equities, Inc. $ARE

SYM FINANCIAL Corp bought a new position in Alexandria Real Estate Equities, Inc. (NYSE:ARE) during the 2nd quarter, Holdings Channel reports. The institutional investor bought 4,947 shares of the real estate investment trust’s stock, valued at approximately $359,000.

Several other institutional investors and hedge funds have also bought and sold shares of ARE. Sound Income Strategies LLC purchased a new stake in shares of Alexandria Real Estate Equities during the 2nd quarter valued at $25,000. American National Bank & Trust bought a new position in shares of Alexandria Real Estate Equities during the 2nd quarter valued at $29,000. Avalon Trust Co bought a new position in shares of Alexandria Real Estate Equities during the 1st quarter valued at $32,000. TruNorth Capital Management LLC bought a new position in shares of Alexandria Real Estate Equities during the 1st quarter valued at $34,000. Finally, Cromwell Holdings LLC bought a new position in shares of Alexandria Real Estate Equities during the 1st quarter valued at $36,000. 96.54% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. Evercore ISI raised shares of Alexandria Real Estate Equities from an “in-line” rating to an “outperform” rating and increased their target price for the company from $91.00 to $104.00 in a report on Monday, September 15th. Cantor Fitzgerald cut their price target on shares of Alexandria Real Estate Equities from $88.00 to $79.00 and set a “neutral” rating on the stock in a report on Monday, October 13th. Weiss Ratings reissued a “sell (d)” rating on shares of Alexandria Real Estate Equities in a report on Wednesday, October 8th. BNP Paribas lowered shares of Alexandria Real Estate Equities from a “hold” rating to a “strong sell” rating and set a $82.00 price target on the stock. in a report on Wednesday, October 1st. Finally, Royal Bank Of Canada cut their target price 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 note on Tuesday, July 29th. Four investment 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 data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $95.87.

Alexandria Real Estate Equities Trading Up 0.5%

Shares of ARE opened at $77.82 on Tuesday. Alexandria Real Estate Equities, Inc. has a 1-year low of $67.37 and a 1-year high of $116.52. The firm has a market capitalization of $13.46 billion, a price-to-earnings ratio of -598.60, a PEG ratio of 6.50 and a beta of 1.31. The firm’s 50-day moving average price is $81.09 and its 200-day moving average price is $76.89. 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 (NYSE:ARE) last issued its quarterly earnings results on Monday, October 27th. The real estate investment trust reported $2.22 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.31 by ($0.09). 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 $751.94 million for the quarter, compared to analysts’ expectations of $752.90 million. During the same period last year, the business earned $2.37 earnings per share. The company’s revenue was down 5.0% on a year-over-year basis. Alexandria Real Estate Equities has set its FY 2025 guidance at 8.980-9.040 EPS. Sell-side analysts anticipate 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. Investors of record on Tuesday, September 30th were given a dividend of $1.32 per share. This represents a $5.28 dividend on an annualized basis and a yield of 6.8%. The ex-dividend date of this dividend was Tuesday, September 30th. Alexandria Real Estate Equities’s dividend payout ratio (DPR) is -4,061.54%.

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.