LVM Capital Management Ltd. MI Invests $617,000 in Alexandria Real Estate Equities, Inc. $ARE

LVM Capital Management Ltd. MI acquired a new stake in Alexandria Real Estate Equities, Inc. (NYSE:AREFree Report) in the 2nd quarter, HoldingsChannel reports. The fund acquired 11,675 shares of the real estate investment trust’s stock, valued at approximately $617,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. FNY Investment Advisers LLC bought a new stake in shares of Alexandria Real Estate Equities in the 2nd quarter valued at about $26,000. CYBER HORNET ETFs LLC bought a new position in Alexandria Real Estate Equities during the second quarter worth about $30,000. Basecamp Wealth Advisors LLC grew its holdings in Alexandria Real Estate Equities by 3,723.5% during the first quarter. Basecamp Wealth Advisors LLC now owns 650 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 633 shares during the period. BOKF NA increased its position in Alexandria Real Estate Equities by 6,033.3% during the third quarter. BOKF NA now owns 368 shares of the real estate investment trust’s stock worth $31,000 after buying an additional 362 shares during the last quarter. Finally, MUFG Securities EMEA plc acquired a new position in Alexandria Real Estate Equities during the second quarter worth approximately $33,000. 96.54% of the stock is owned by institutional investors.

Alexandria Real Estate Equities Stock Performance

ARE opened at $48.41 on Tuesday. The business has a fifty day simple moving average of $51.13 and a 200 day simple moving average of $50.07. The company has a market capitalization of $8.44 billion, a PE ratio of -7.99, a price-to-earnings-growth ratio of 6.05 and a beta of 1.15. Alexandria Real Estate Equities, Inc. has a 1 year low of $39.41 and a 1 year high of $88.24. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.19 and a quick ratio of 0.19.

Alexandria Real Estate Equities (NYSE:AREGet Free Report) last posted its quarterly earnings data on Monday, August 3rd. The real estate investment trust reported ($0.43) earnings per share for the quarter, missing the consensus estimate of $0.09 by ($0.52). Alexandria Real Estate Equities had a negative return on equity of 5.21% and a negative net margin of 36.08%.The firm had revenue of $662.78 million for the quarter, compared to the consensus estimate of $464.86 million. During the same quarter in the previous year, the business earned $2.33 EPS. The firm’s quarterly revenue was down 13.0% on a year-over-year basis. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.350-6.450 EPS. Research analysts expect that Alexandria Real Estate Equities, Inc. will post 6.37 EPS for the current year.

Alexandria Real Estate Equities Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were given a dividend of $0.72 per share. This represents a $2.88 dividend on an annualized basis and a yield of 5.9%. The ex-dividend date of this dividend was Tuesday, June 30th. Alexandria Real Estate Equities’s dividend payout ratio (DPR) is currently -47.52%.

Insider Buying and Selling

In other Alexandria Real Estate Equities news, CFO Marc E. Binda sold 2,000 shares of Alexandria Real Estate Equities stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $54.00, for a total value of $108,000.00. Following the completion of the sale, the chief financial officer owned 188,264 shares in the company, valued at $10,166,256. The trade was a 1.05% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 1.35% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently issued reports on ARE shares. Citigroup raised their price objective on Alexandria Real Estate Equities from $42.00 to $50.00 and gave the company a “neutral” rating in a research report on Monday. Morgan Stanley reissued an “underweight” rating and set a $53.00 target price on shares of Alexandria Real Estate Equities in a report on Thursday, June 11th. Robert W. Baird restated a “neutral” rating and issued a $46.00 price target (down from $67.00) on shares of Alexandria Real Estate Equities in a research note on Monday, May 4th. Jefferies Financial Group cut their price target on Alexandria Real Estate Equities from $57.00 to $47.00 and set a “hold” rating for the company in a report on Tuesday, April 14th. Finally, Zacks Research cut shares of Alexandria Real Estate Equities from a “hold” rating to a “strong sell” rating in a research report on Friday, July 17th. Two research analysts have rated the stock with a Buy rating, ten have given a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus target price of $52.62.

Read Our Latest Stock Report on Alexandria Real Estate Equities

About Alexandria Real Estate Equities

(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.

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

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