Alexandria Real Estate Equities, Inc. $ARE Shares Bought by BNP Paribas Financial Markets

BNP Paribas Financial Markets grew its position in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 158.5% during the 4th quarter, Holdings Channel reports. The firm owned 830,048 shares of the real estate investment trust’s stock after purchasing an additional 508,930 shares during the period. BNP Paribas Financial Markets’ holdings in Alexandria Real Estate Equities were worth $40,623,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the stock. Farther Finance Advisors LLC grew its holdings in shares of Alexandria Real Estate Equities by 18.1% in the 4th quarter. Farther Finance Advisors LLC now owns 1,228 shares of the real estate investment trust’s stock worth $60,000 after acquiring an additional 188 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Alexandria Real Estate Equities by 0.9% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,443 shares of the real estate investment trust’s stock worth $1,711,000 after acquiring an additional 198 shares during the last quarter. UMB Bank n.a. grew its holdings in shares of Alexandria Real Estate Equities by 17.4% in the 3rd quarter. UMB Bank n.a. now owns 1,385 shares of the real estate investment trust’s stock worth $115,000 after acquiring an additional 205 shares during the last quarter. Opinicus Capital Inc. grew its holdings in shares of Alexandria Real Estate Equities by 3.5% in the 3rd quarter. Opinicus Capital Inc. now owns 6,502 shares of the real estate investment trust’s stock worth $542,000 after acquiring an additional 222 shares during the last quarter. Finally, CIBC Private Wealth Group LLC grew its holdings in shares of Alexandria Real Estate Equities by 109.6% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 436 shares of the real estate investment trust’s stock worth $36,000 after acquiring an additional 228 shares during the last quarter. 96.54% of the stock is currently owned by institutional investors and hedge funds.

Alexandria Real Estate Equities Stock Performance

Shares of Alexandria Real Estate Equities stock opened at $51.44 on Thursday. The stock has a market cap of $8.96 billion, a PE ratio of -8.20, a price-to-earnings-growth ratio of 6.39 and a beta of 1.19. The business has a fifty day simple moving average of $46.31 and a 200-day simple moving average of $49.90. The company has a quick ratio of 0.20, a current ratio of 0.20 and a debt-to-equity ratio of 0.65. Alexandria Real Estate Equities, Inc. has a 12 month low of $39.41 and a 12 month high of $88.24.

Alexandria Real Estate Equities (NYSE:ARE) last issued its earnings results on Monday, April 27th. The real estate investment trust reported $1.73 EPS for the quarter, hitting the consensus estimate of $1.73. The business had revenue of $671.02 million during the quarter, compared to analysts’ expectations 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 revenue was down 11.5% compared to the same quarter last year. During the same quarter last year, the firm posted $2.30 earnings per share. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.300-6.500 EPS. On average, sell-side analysts anticipate that Alexandria Real Estate Equities, Inc. will post 6.4 EPS for the current fiscal year.

Alexandria Real Estate Equities Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be given a dividend of $0.72 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $2.88 dividend on an annualized basis and a yield of 5.6%. Alexandria Real Estate Equities’s dividend payout ratio (DPR) is presently -45.93%.

Wall Street Analysts Forecast Growth

ARE has been the topic of a number of recent research reports. Robert W. Baird restated a “neutral” rating and issued a $46.00 target price (down from $67.00) on shares of Alexandria Real Estate Equities in a report on Monday, May 4th. Citigroup restated an “outperform” rating on shares of Alexandria Real Estate Equities in a report on Monday, May 4th. Evercore set a $55.00 target price on Alexandria Real Estate Equities in a report on Monday, May 4th. Cantor Fitzgerald decreased their target price on Alexandria Real Estate Equities from $60.00 to $43.00 and set a “neutral” rating on the stock in a report on Wednesday, April 29th. Finally, Wall Street Zen upgraded Alexandria Real Estate Equities from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Three equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $51.23.

Insider Activity at Alexandria Real Estate Equities

In other news, EVP Gregory Calvin Thomas purchased 3,500 shares of the stock in a transaction that occurred on Thursday, April 30th. The stock was acquired at an average price of $41.00 per share, with a total value of $143,500.00. Following the purchase, the executive vice president owned 33,024 shares in the company, valued at $1,353,984. This represents a 11.85% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Chairman Joel S. Marcus purchased 7,500 shares of the stock in a transaction that occurred on Tuesday, May 5th. The stock was purchased at an average cost of $42.72 per share, with a total value of $320,400.00. Following the purchase, the chairman owned 587,724 shares in the company, valued at $25,107,569.28. This represents a 1.29% increase in their position. The SEC filing for this purchase provides additional information. Insiders own 1.35% of the company’s stock.

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.