Jupiter Topco LLC Makes New Investment in Alexandria Real Estate Equities, Inc. $ARE

Jupiter Topco LLC acquired a new stake in Alexandria Real Estate Equities, Inc. (NYSE:ARE) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 72,556 shares of the real estate investment trust’s stock, valued at approximately $3,838,000.

A number of other hedge funds and other institutional investors have also modified their holdings of ARE. BlackRock Inc. acquired a new position in shares of Alexandria Real Estate Equities in the second quarter worth about $1,146,423,000. Norges Bank acquired a new stake in Alexandria Real Estate Equities during the 4th quarter valued at approximately $805,429,000. State Street Corp increased its holdings in Alexandria Real Estate Equities by 0.7% during the 4th quarter. State Street Corp now owns 11,348,192 shares of the real estate investment trust’s stock worth $563,418,000 after purchasing an additional 75,161 shares during the last quarter. Invesco Ltd. increased its holdings in Alexandria Real Estate Equities by 57.9% during the 4th quarter. Invesco Ltd. now owns 6,033,304 shares of the real estate investment trust’s stock worth $295,270,000 after purchasing an additional 2,211,424 shares during the last quarter. Finally, Geode Capital Management LLC raised its position in shares of Alexandria Real Estate Equities by 1.1% in the 4th quarter. Geode Capital Management LLC now owns 4,459,453 shares of the real estate investment trust’s stock valued at $217,466,000 after purchasing an additional 48,490 shares in the last quarter. 96.54% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. Citizens Jmp reiterated a “market perform” rating on shares of Alexandria Real Estate Equities in a research note on Monday, August 17th. BNP Paribas Exane lifted their price target on shares of Alexandria Real Estate Equities from $45.00 to $48.00 and gave the stock an “underperform” rating in a research note on Wednesday, August 5th. Mizuho cut their price target on shares of Alexandria Real Estate Equities from $70.00 to $60.00 and set an “outperform” rating on the stock in a report on Monday, July 6th. Citigroup increased their price objective on shares of Alexandria Real Estate Equities from $42.00 to $50.00 and gave the company a “neutral” rating in a research note on Monday, August 10th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Alexandria Real Estate Equities in a report on Friday, July 17th. Two research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus target price of $52.85.

Alexandria Real Estate Equities Stock Performance

Shares of ARE opened at $51.49 on Wednesday. The stock has a market capitalization of $8.97 billion, a PE ratio of -8.50 and a beta of 1.15. The business’s fifty day moving average price is $50.75 and its 200 day moving average price is $49.45. 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, Inc. has a 12-month low of $39.41 and a 12-month high of $88.24.

Alexandria Real Estate Equities (NYSE:ARE) last released its earnings results 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). The business had revenue of $662.78 million for the quarter, compared to the consensus estimate of $464.86 million. Alexandria Real Estate Equities had a negative net margin of 36.08% and a negative return on equity of 5.21%. The firm’s revenue for the quarter was down 13.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.33 EPS. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.350-6.450 EPS. Equities research analysts forecast that Alexandria Real Estate Equities, Inc. will post 6.39 EPS for the current year.

Alexandria Real Estate Equities Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be given a dividend of $0.72 per share. This represents a $2.88 dividend on an annualized basis and a dividend yield of 5.6%. The ex-dividend date of this dividend is Wednesday, September 30th. Alexandria Real Estate Equities’s dividend payout ratio is currently -47.52%.

Insider Transactions 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, Chairman Joel S. Marcus bought 5,000 shares of the firm’s stock in a transaction on Monday, August 17th. The stock was bought at an average price of $46.28 per share, with a total value of $231,400.00. Following the completion of the purchase, the chairman owned 592,724 shares of the company’s stock, valued at $27,431,266.72. This trade represents a 0.85% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 1.35% of the stock is owned by corporate insiders.

About Alexandria Real Estate Equities

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.