New York Life Investment Management LLC Purchases 13,996 Shares of Alexandria Real Estate Equities, Inc. $ARE

New York Life Investment Management LLC increased its position in Alexandria Real Estate Equities, Inc. (NYSE:AREFree Report) by 66.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 35,145 shares of the real estate investment trust’s stock after buying an additional 13,996 shares during the period. New York Life Investment Management LLC’s holdings in Alexandria Real Estate Equities were worth $1,720,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in ARE. Avalon Trust Co purchased a new position in Alexandria Real Estate Equities during the 3rd quarter valued at approximately $29,000. Cornerstone Planning Group LLC raised its holdings in shares of Alexandria Real Estate Equities by 5,916.7% during the 3rd quarter. Cornerstone Planning Group LLC now owns 361 shares of the real estate investment trust’s stock worth $30,000 after acquiring an additional 355 shares in the last quarter. CYBER HORNET ETFs LLC bought a new position in shares of Alexandria Real Estate Equities during the 2nd quarter valued at approximately $30,000. BOKF NA boosted its position in shares of Alexandria Real Estate Equities by 6,033.3% during the 3rd quarter. BOKF NA now owns 368 shares of the real estate investment trust’s stock valued at $31,000 after acquiring an additional 362 shares during the last quarter. Finally, MUFG Securities EMEA plc purchased a new position in shares of Alexandria Real Estate Equities in the second quarter valued at $33,000. 96.54% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, Chairman Joel S. Marcus purchased 7,500 shares of the business’s stock in a transaction that occurred on Tuesday, May 5th. The shares were bought at an average cost of $42.72 per share, for a total transaction of $320,400.00. Following the acquisition, the chairman owned 587,724 shares of the company’s stock, valued at approximately $25,107,569.28. This trade represents a 1.29% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Gregory Calvin Thomas acquired 3,500 shares of Alexandria Real Estate Equities stock in a transaction that occurred on Thursday, April 30th. The stock was purchased at an average cost of $41.00 per share, for a total transaction of $143,500.00. Following the completion of the transaction, the executive vice president directly owned 33,024 shares in the company, valued at $1,353,984. This trade represents a 11.85% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 1.35% of the stock is owned by corporate insiders.

Alexandria Real Estate Equities Stock Performance

NYSE:ARE opened at $46.67 on Tuesday. The stock’s fifty day moving average is $46.38 and its 200 day moving average is $50.41. Alexandria Real Estate Equities, Inc. has a fifty-two week low of $39.41 and a fifty-two week high of $88.24. The firm has a market capitalization of $8.13 billion, a PE ratio of -7.44, a PEG ratio of 5.45 and a beta of 1.12. 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 (NYSE:AREGet Free Report) last posted its quarterly earnings data on Monday, April 27th. The real estate investment trust reported $1.73 EPS for the quarter, hitting the consensus estimate of $1.73. Alexandria Real Estate Equities had a negative net margin of 36.03% and a negative return on equity of 5.21%. The company had revenue of $671.02 million during the quarter, compared to analyst estimates of $684.78 million. During the same period in the previous year, the firm earned $2.30 earnings per share. Alexandria Real Estate Equities’s quarterly revenue was down 11.5% compared to the same quarter last year. 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 earnings per share for the current year.

Alexandria Real Estate Equities Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were paid a dividend of $0.72 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $2.88 dividend on an annualized basis and a dividend yield of 6.2%. Alexandria Real Estate Equities’s payout ratio is currently -45.93%.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on ARE shares. Jefferies Financial Group reduced their price target on shares of Alexandria Real Estate Equities from $57.00 to $47.00 and set a “hold” rating on the stock in a research report on Tuesday, April 14th. The Goldman Sachs Group initiated coverage on shares of Alexandria Real Estate Equities in a research report on Tuesday, February 3rd. They set a “neutral” rating and a $60.00 price objective for the company. 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. BNP Paribas Exane decreased their target price on shares of Alexandria Real Estate Equities from $50.00 to $44.00 and set an “underperform” rating on the stock in a research report on Tuesday, April 28th. Finally, Royal Bank Of Canada lowered their price target on shares of Alexandria Real Estate Equities from $60.00 to $50.00 and set a “sector perform” rating for the company in a report on Tuesday, May 5th. Three research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $51.92.

Read Our Latest Research Report on Alexandria Real Estate Equities

Alexandria Real Estate Equities Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Alexandria Real Estate Equities (NYSE:ARE)

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