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Stocks•9 May 2026•

1 min read

Washington Trust Advisors Slashes Stake in Alexandria Real Estate by 48.9%

Key Facts

1Washington Trust Advisors Inc. reduced its stake in Alexandria Real Estate Equities, Inc. by 48.9% during the fourth quarter.

2The firm sold 49,802 shares and retained 52,092 shares valued at approximately $2.55 million.

3The company reported Q1 earnings of $1.73 per share, matching analyst expectations.

Washington Trust Advisors Inc. significantly reduced its exposure to Alexandria Real Estate Equities, Inc. (ARE) during the fourth quarter, according to recent filings. The firm offloaded 49,802 shares, marking a 48.9% decrease in its total position, leaving it with 52,092 shares valued at approximately $2.55 million. This institutional divestment occurred alongside the company's Q1 earnings report, which posted $1.73 per share, matching consensus analyst estimates. Despite the substantial stake reduction, market analysts maintain a consensus 'Hold' rating on the stock. Investors are currently weighing this institutional selling against steady dividend payouts and recent insider buying activity. The move highlights a cautious approach toward specialized REITs amid shifting market dynamics.