Analyst IMS Investment Management Services Ltd. Buys 235,093 Shares of Alexandria Real Estate Equities, Inc. $ARE

Analyst IMS Investment Management Services Ltd. lifted its stake in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 48.3% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 721,671 shares of the real estate investment trust’s stock after purchasing an additional 235,093 shares during the quarter. Alexandria Real Estate Equities comprises about 1.8% of Analyst IMS Investment Management Services Ltd.’s investment portfolio, making the stock its 7th largest position. Analyst IMS Investment Management Services Ltd. owned approximately 0.42% of Alexandria Real Estate Equities worth $52,415,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Sound Income Strategies LLC purchased a new stake in shares of Alexandria Real Estate Equities in the 2nd quarter worth about $25,000. Avalon Trust Co purchased a new stake in shares of Alexandria Real Estate Equities in the 1st quarter worth about $32,000. TruNorth Capital Management LLC purchased a new stake in shares of Alexandria Real Estate Equities in the 1st quarter worth about $34,000. Cromwell Holdings LLC purchased a new stake in shares of Alexandria Real Estate Equities in the 1st quarter worth about $36,000. Finally, American National Bank & Trust purchased a new stake in shares of Alexandria Real Estate Equities in the 2nd quarter worth about $29,000. 96.54% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on ARE shares. Royal Bank Of Canada decreased 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. Cantor Fitzgerald reiterated a “neutral” rating on shares of Alexandria Real Estate Equities in a research report on Tuesday. Jefferies Financial Group started coverage on shares of Alexandria Real Estate Equities in a research report on Monday, October 6th. They issued a “hold” rating and a $80.00 price objective on the stock. Evercore ISI upgraded shares of Alexandria Real Estate Equities from an “in-line” rating to an “outperform” rating and boosted their price objective for the stock from $91.00 to $104.00 in a research report on Monday, September 15th. Finally, BNP Paribas Exane decreased their price objective on shares of Alexandria Real Estate Equities from $82.00 to $72.00 and set an “underperform” rating on the stock in a research report on Tuesday. Four investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, Alexandria Real Estate Equities currently has a consensus rating of “Hold” and an average price target of $95.00.

Alexandria Real Estate Equities Price Performance

NYSE:ARE opened at $63.01 on Wednesday. The firm has a market cap of $10.90 billion, a price-to-earnings ratio of -25.51, a price-to-earnings-growth ratio of 6.54 and a beta of 1.31. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.61. The company’s 50-day moving average is $80.78 and its two-hundred day moving average is $76.81. Alexandria Real Estate Equities, Inc. has a 12-month low of $62.56 and a 12-month high of $116.52.

Alexandria Real Estate Equities (NYSE:ARE) last released its 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). The firm had revenue of $751.94 million during the quarter, compared to analysts’ expectations of $752.90 million. Alexandria Real Estate Equities had a negative net margin of 13.43% and a negative return on equity of 1.87%. Alexandria Real Estate Equities’s revenue for the quarter was down 5.0% on a year-over-year basis. During the same quarter last year, the company posted $2.37 earnings per share. Alexandria Real Estate Equities has set its FY 2025 guidance at 8.980-9.040 EPS. Research analysts expect that Alexandria Real Estate Equities, Inc. will post 9.32 EPS for the current year.

Alexandria Real Estate Equities Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th were issued a dividend of $1.32 per share. This represents a $5.28 annualized dividend and a dividend yield of 8.4%. The ex-dividend date was Tuesday, September 30th. Alexandria Real Estate Equities’s dividend payout ratio is presently -4,061.54%.

Alexandria Real Estate Equities Profile

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.