Hsbc Holdings PLC purchased a new stake in Alexandria Real Estate Equities, Inc. (NYSE:ARE – Free Report) during the 2nd quarter, Holdings Channel reports. The firm purchased 1,208,572 shares of the real estate investment trust’s stock, valued at approximately $64,485,000.
A number of other hedge funds also recently made changes to their positions in the business. Canada Pension Plan Investment Board acquired a new position in shares of Alexandria Real Estate Equities during the second quarter worth approximately $56,969,000. Legal & General Group Plc acquired a new stake in Alexandria Real Estate Equities in the 2nd quarter valued at approximately $76,647,000. The Manufacturers Life Insurance Company acquired a new stake in Alexandria Real Estate Equities in the 2nd quarter valued at approximately $7,213,000. Cetera Trust Company N.A bought a new stake in Alexandria Real Estate Equities during the 2nd quarter valued at $94,000. Finally, Algert Global LLC raised its stake in Alexandria Real Estate Equities by 38.8% during the 2nd quarter. Algert Global LLC now owns 144,310 shares of the real estate investment trust’s stock valued at $7,627,000 after acquiring an additional 40,320 shares in the last quarter. Institutional investors own 96.54% of the company’s stock.
Alexandria Real Estate Equities Stock Performance
Shares of NYSE ARE opened at $52.95 on Thursday. Alexandria Real Estate Equities, Inc. has a 1 year low of $39.41 and a 1 year high of $88.24. The firm has a market cap of $9.23 billion, a P/E ratio of -8.74 and a beta of 1.15. The stock has a fifty day moving average price of $50.71 and a two-hundred day moving average price of $49.57. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.19 and a current ratio of 0.19.
Alexandria Real Estate Equities Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were given a $0.72 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $2.88 annualized dividend and a yield of 5.4%. Alexandria Real Estate Equities’s payout ratio is -47.52%.
Wall Street Analyst Weigh In
ARE has been the subject of several recent analyst reports. Citigroup increased their price target on Alexandria Real Estate Equities from $42.00 to $50.00 and gave the stock a “neutral” rating in a research note on Monday, August 10th. The Goldman Sachs Group restated a “neutral” rating and set a $52.00 price objective on shares of Alexandria Real Estate Equities in a research note on Tuesday, May 19th. Mizuho reduced their price objective on shares of Alexandria Real Estate Equities from $70.00 to $60.00 and set an “outperform” rating for the company in a report on Monday, July 6th. Royal Bank Of Canada decreased their target price on shares of Alexandria Real Estate Equities from $60.00 to $50.00 and set a “sector perform” rating for the company in a research report on Tuesday, May 5th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Alexandria Real Estate Equities in a research note on Friday, July 17th. Two research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, Alexandria Real Estate Equities has an average rating of “Reduce” and a consensus price target of $52.85.
Check Out Our Latest Report on Alexandria Real Estate Equities
Insider Activity
In other Alexandria Real Estate Equities news, Chairman Joel S. Marcus acquired 5,000 shares of the stock in a transaction dated Monday, August 17th. The shares were bought at an average price of $46.28 per share, with a total value of $231,400.00. Following the purchase, the chairman directly owned 592,724 shares of the company’s stock, valued at approximately $27,431,266.72. This trade represents a 0.85% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Marc E. Binda sold 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of $54.00, for a total transaction of $108,000.00. Following the completion of the sale, the chief financial officer owned 188,264 shares in the company, valued at $10,166,256. The trade was a 1.05% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.35% of the stock is currently owned by insiders.
Alexandria Real Estate Equities News Roundup
Here are the key news stories impacting Alexandria Real Estate Equities this week:
- Positive Sentiment: Baird raised its price target to $52. Robert W. Baird increased its target for ARE, signaling somewhat improved expectations for the life-science REIT, although the new target remains close to the stock’s recent trading level and the broader analyst view is still cautious. Robert W. Baird Boosts Alexandria Real Estate Equities Price Target to $52
- Positive Sentiment: One upward earnings revision provides modest support. Zacks Research raised its FY2026 EPS forecast to $6.39 from $6.36, slightly above the current consensus estimate of $6.38. However, Zacks maintained a “Hold” rating.
- Neutral Sentiment: Third-quarter results date announced. Alexandria will release its third-quarter 2026 operating and financial results and host its conference call on October 27, giving investors a scheduled catalyst to assess leasing, property sales, occupancy and guidance. Alexandria Announces Third-Quarter 2026 Earnings Call Date
- Neutral Sentiment: Cambridge asset sale provides liquidity. Alexandria sold lab condominium units in Cambridge, Massachusetts, to Draper for $45 million. The transaction may support liquidity and portfolio repositioning, but its effect on recurring earnings depends on the asset’s prior contribution and sale terms. Alexandria Sells Cambridge Lab Condo Units for $45 Million
- Negative Sentiment: Analysts lowered most medium- and long-term forecasts. Zacks cut estimates for Q3 and Q4 2026, every quarter of 2027, FY2027 to $5.16 from $5.56, and FY2028 to $5.47 from $5.62. The revisions suggest pressure on Alexandria’s earnings outlook and are likely the main fundamental drag on the stock.
- Negative Sentiment: Cambridge sale reportedly involved a $75 million loss. The reported loss substantially exceeds the $45 million sale proceeds, highlighting potential valuation pressure in Alexandria’s lab-property portfolio and raising concerns about realized asset values. Draper Buys Cambridge Lab Floors as Alexandria Takes a Loss
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.
See Also
- Five stocks we like better than Alexandria Real Estate Equities
- Williams-Sonoma’s Quarter Gave Bulls More Than Just a Beat-and-Raise
- Alcoa’s Gallium Project Opens a New Door Beyond Aluminum
- Oura’s $16 Billion IPO Could Put a New Price on Wearable Tech
- Can Tesla’s Flying Roadster Distract From Its Real Risks?
Want to see what other hedge funds are holding ARE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alexandria Real Estate Equities, Inc. (NYSE:ARE – Free Report).
Receive News & Ratings for Alexandria Real Estate Equities Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alexandria Real Estate Equities and related companies with MarketBeat.com's FREE daily email newsletter.
