UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Reduces Holdings in Alexandria Real Estate Equities, Inc. $ARE

UBS Asset Management reduced its stake in Alexandria Real Estate Equities (ARE) by 8.8% in Q2, selling 117,111 shares and retaining 1.22 million shares valued at $64.5 million. Despite institutional ownership of 96.54%, analyst sentiment remains cautious with an average "Reduce" rating and a consensus price target of $52.85, reflecting recent financial performance including a quarterly loss and a 13% revenue decline. The company declared a $0.72 quarterly dividend, yielding 5.5%.