Fort Washington Investment Advisors Inc. OH raised its holdings in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE – Free Report) by 3.8% in the first quarter, Holdings Channel.com reports. The firm owned 542,555 shares of the real estate investment trust’s stock after buying an additional 19,687 shares during the period. Fort Washington Investment Advisors Inc. OH’s holdings in Alexandria Real Estate Equities were worth $25,185,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently bought and sold shares of ARE. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Alexandria Real Estate Equities by 102.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,245 shares of the real estate investment trust’s stock worth $2,184,000 after buying an additional 11,762 shares in the last quarter. NewEdge Advisors LLC raised its holdings in Alexandria Real Estate Equities by 4,261.1% in the first quarter. NewEdge Advisors LLC now owns 3,140 shares of the real estate investment trust’s stock valued at $290,000 after acquiring an additional 3,068 shares in the last quarter. Empowered Funds LLC raised its holdings in Alexandria Real Estate Equities by 4.8% in the first quarter. Empowered Funds LLC now owns 6,455 shares of the real estate investment trust’s stock valued at $597,000 after acquiring an additional 296 shares in the last quarter. Woodline Partners LP boosted its stake in Alexandria Real Estate Equities by 39.9% during the 1st quarter. Woodline Partners LP now owns 13,015 shares of the real estate investment trust’s stock valued at $1,204,000 after acquiring an additional 3,714 shares during the last quarter. Finally, Focus Partners Wealth boosted its stake in Alexandria Real Estate Equities by 171.5% during the 1st quarter. Focus Partners Wealth now owns 6,591 shares of the real estate investment trust’s stock valued at $610,000 after acquiring an additional 4,163 shares during the last quarter. 96.54% of the stock is currently owned by hedge funds and other institutional investors.
Insider Buying and Selling at Alexandria Real Estate Equities
In other Alexandria Real Estate Equities news, CFO Marc E. Binda sold 2,000 shares of the firm’s 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 transaction, the chief financial officer owned 188,264 shares of the company’s stock, valued at $10,166,256. This trade represents a 1.05% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Gregory Calvin Thomas bought 3,500 shares of the firm’s stock in a transaction on Thursday, April 30th. The stock was bought at an average price of $41.00 per share, with a total value of $143,500.00. Following the completion of the purchase, the executive vice president owned 33,024 shares of the company’s stock, valued at $1,353,984. This trade represents a 11.85% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 1.35% of the stock is owned by company insiders.
Analyst Upgrades and Downgrades
Read Our Latest Stock Report on Alexandria Real Estate Equities
Alexandria Real Estate Equities Stock Down 0.2%
ARE stock opened at $55.13 on Monday. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.20 and a quick ratio of 0.20. Alexandria Real Estate Equities, Inc. has a 1-year low of $39.41 and a 1-year high of $88.24. The firm has a fifty day moving average price of $48.66 and a two-hundred day moving average price of $50.06. The firm has a market cap of $9.61 billion, a price-to-earnings ratio of -8.79, a PEG ratio of 6.69 and a beta of 1.19.
Alexandria Real Estate Equities (NYSE:ARE – Get Free Report) last posted its quarterly earnings results on Monday, April 27th. The real estate investment trust reported $1.73 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $684.78 million. During the same period last year, the firm posted $2.30 EPS. The company’s revenue for the quarter was down 11.5% on a year-over-year basis. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.300-6.500 EPS. Research analysts predict that Alexandria Real Estate Equities, Inc. will post 6.4 EPS for the current year.
Alexandria Real Estate Equities Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be paid a dividend of $0.72 per share. The ex-dividend date is Tuesday, June 30th. This represents a $2.88 annualized dividend and a yield of 5.2%. Alexandria Real Estate Equities’s dividend payout ratio is -45.93%.
Alexandria Real Estate Equities Company Profile
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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