Clal Insurance Enterprises Holdings Ltd Acquires Shares of 918,000 Alexandria Real Estate Equities, Inc. $ARE

Clal Insurance Enterprises Holdings Ltd bought a new position in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm bought 918,000 shares of the real estate investment trust’s stock, valued at approximately $49,153,000. Clal Insurance Enterprises Holdings Ltd owned about 0.53% of Alexandria Real Estate Equities as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in ARE. Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of Alexandria Real Estate Equities in the 2nd quarter valued at approximately $12,011,000. LM Advisors LLC acquired a new stake in shares of Alexandria Real Estate Equities during the 2nd quarter valued at approximately $478,000. Compass Financial Management LLC bought a new position in Alexandria Real Estate Equities during the second quarter worth $57,000. Commerce Bank bought a new position in Alexandria Real Estate Equities during the second quarter worth $278,000. Finally, Northwestern Mutual Wealth Management Co. acquired a new position in Alexandria Real Estate Equities in the second quarter worth $103,000. Institutional investors and hedge funds own 96.54% of the company’s stock.

Insider Activity

In other Alexandria Real Estate Equities news, CFO Marc E. Binda sold 2,000 shares of the company’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 completion of the transaction, the chief financial officer owned 188,264 shares in the company, valued at approximately $10,166,256. This represents a 1.05% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Chairman Joel S. Marcus purchased 5,000 shares of the company’s stock in a transaction on Monday, August 17th. The stock was purchased at an average price of $46.28 per share, for a total transaction of $231,400.00. Following the purchase, the chairman directly owned 592,724 shares of the company’s stock, valued at $27,431,266.72. This trade represents a 0.85% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 1.35% of the company’s stock.

Analyst Ratings Changes

ARE has been the subject of several recent research reports. Royal Bank Of Canada lowered 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 note on Tuesday, May 5th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Alexandria Real Estate Equities in a report on Friday, July 17th. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $52.00 price target on shares of Alexandria Real Estate Equities in a report on Tuesday, May 19th. Cantor Fitzgerald boosted their price objective on shares of Alexandria Real Estate Equities from $43.00 to $52.00 and gave the company a “neutral” rating in a research report on Wednesday, August 5th. Finally, BNP Paribas Exane increased their price objective 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. Two equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus price target of $52.38.

Alexandria Real Estate Equities Price Performance

Shares of ARE opened at $53.42 on Monday. The company has a market cap of $9.31 billion, a P/E ratio of -8.82 and a beta of 1.15. The stock has a fifty day moving average price of $50.58 and a 200 day moving average price of $49.60. 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 posted its earnings results on Monday, August 3rd. The real estate investment trust reported ($0.43) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.52). Alexandria Real Estate Equities had a negative net margin of 36.08% and a negative return on equity of 5.21%. The company had revenue of $662.78 million during the quarter, compared to the consensus estimate of $464.86 million. During the same quarter in the previous year, the business posted $2.33 earnings per share. The business’s quarterly revenue was down 13.0% compared to the same quarter last year. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.350-6.450 EPS. On average, research analysts forecast that Alexandria Real Estate Equities, Inc. will post 6.38 earnings per share for the current year.

Alexandria Real Estate Equities Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were issued a $0.72 dividend. This represents a $2.88 dividend on an annualized basis and a dividend yield of 5.4%. The ex-dividend date of this dividend was Tuesday, June 30th. Alexandria Real Estate Equities’s dividend payout ratio (DPR) is -47.52%.

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.