Alexandria Real Estate Equities, Inc. $ARE Shares Sold by Pictet Asset Management Holding SA

Pictet Asset Management Holding SA decreased its holdings in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 52.4% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 32,223 shares of the real estate investment trust’s stock after selling 35,508 shares during the quarter. Pictet Asset Management Holding SA’s holdings in Alexandria Real Estate Equities were worth $1,496,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. CYBER HORNET ETFs LLC acquired a new position in Alexandria Real Estate Equities during the second quarter worth about $30,000. BOKF NA lifted its stake in Alexandria Real Estate Equities by 6,033.3% in the 3rd quarter. BOKF NA now owns 368 shares of the real estate investment trust’s stock worth $31,000 after purchasing an additional 362 shares in the last quarter. MUFG Securities EMEA plc purchased a new position in Alexandria Real Estate Equities in the 2nd quarter worth approximately $33,000. CIBC Private Wealth Group LLC boosted its holdings in shares of Alexandria Real Estate Equities by 109.6% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 436 shares of the real estate investment trust’s stock worth $36,000 after purchasing an additional 228 shares during the last quarter. Finally, Harbor Capital Advisors Inc. purchased a new stake in shares of Alexandria Real Estate Equities in the fourth quarter valued at approximately $38,000. 96.54% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Alexandria Real Estate Equities

In related news, EVP Gregory Calvin Thomas purchased 3,500 shares of the company’s stock in a transaction that occurred on Thursday, April 30th. The shares were purchased at an average price of $41.00 per share, for a total transaction of $143,500.00. Following the transaction, the executive vice president directly owned 33,024 shares of the company’s stock, valued at approximately $1,353,984. The trade was a 11.85% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Chairman Joel S. Marcus acquired 7,500 shares of Alexandria Real Estate Equities stock in a transaction on Tuesday, May 5th. The shares were bought at an average cost of $42.72 per share, with a total value of $320,400.00. Following the completion of the purchase, the chairman owned 587,724 shares in the company, valued at $25,107,569.28. The trade was a 1.29% 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 company insiders.

Alexandria Real Estate Equities Stock Performance

NYSE ARE traded up $0.76 during trading hours on Tuesday, hitting $50.63. The company had a trading volume of 73,965 shares, compared to its average volume of 2,352,298. The business has a 50 day moving average of $49.20 and a 200-day moving average of $50.31. The company has a market cap of $8.82 billion, a PE ratio of -8.08, a price-to-earnings-growth ratio of 6.37 and a beta of 1.17. 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 0.65, a quick ratio of 0.20 and a current ratio of 0.20.

Alexandria Real Estate Equities (NYSE:ARE) last posted its earnings results on Monday, April 27th. The real estate investment trust reported $1.73 earnings per share for the quarter, meeting the consensus estimate of $1.73. The business had revenue of $671.02 million during the quarter, compared to the consensus estimate 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%.The business’s quarterly revenue was down 11.5% on a year-over-year basis. During the same period in the previous year, the business earned $2.30 EPS. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.300-6.500 EPS. As a group, equities research analysts expect that Alexandria Real Estate Equities, Inc. will post 6.4 EPS for the current year.

Alexandria Real Estate Equities Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be given a dividend of $0.72 per share. This represents a $2.88 annualized dividend and a yield of 5.7%. The ex-dividend date of this dividend is Tuesday, June 30th. Alexandria Real Estate Equities’s dividend payout ratio (DPR) is presently -45.93%.

Analysts Set New Price Targets

A number of brokerages recently issued reports on ARE. Wall Street Zen raised Alexandria Real Estate Equities from a “sell” rating to a “hold” rating in a research report on Saturday, May 2nd. Jefferies Financial Group cut their price target on Alexandria Real Estate Equities from $57.00 to $47.00 and set a “hold” rating on the stock in a report on Tuesday, April 14th. Citigroup reiterated an “outperform” rating on shares of Alexandria Real Estate Equities in a research note on Monday, May 4th. Mizuho cut their target price on shares of Alexandria Real Estate Equities from $70.00 to $60.00 and set an “outperform” rating on the stock in a research note on Monday. Finally, Robert W. Baird reiterated 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. Three equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $51.08.

Alexandria Real Estate Equities 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.