Alexandria Real Estate Equities, Inc. (ARE), a leading
Real Estate Investment Trust (REIT), continues to attract significant investment and interest.
Capital World Investors made a hefty $326.96 Million new investment while other major financial institutions like
Canada Life Assurance Co and
TD Waterhouse Canada Inc. have increased their holdings in the company. Described as one of
America’s Most Trustworthy Companies by Newsweek for the third straight year, ARE shows considerable promise. However, there are some controversies brewing with warning signals from Guggenheim Capital LLC and other entities suggesting to stay out of the stock. The company’s
dividend yield of 7% garnering investors’ attention. There’s been
15% decrease in weekly price yet ARE posted the expected
Q1 earnings and a strong year-end report with a net annual income of $1.80/sh. The stock also reported a
$550,000,000 public offering of senior notes due 2035. There was a decrease of about 3.34% in ARE stock, but followed by a surge of 5.0% which makes the overall picture quite volatile. The company initiated a
$500 Million Common Stock Repurchase program and had a steady lease agreement with Vaxcyte, Inc. recently. The stock closed at 52-week low of $76.49, leaving investors to question whether this is a prudent long-term investment or a dividend trap.
Alexandria Real Estate Equities ARE News Analytics from Tue, 25 Jun 2024 07:00:00 GMT to Sat, 26 Apr 2025 19:08:12 GMT -
Rating 3
- Innovation 1
- Information 7
- Rumor -2
