Caisse de depot et placement du Quebec Makes New $21.86 Million Investment in Alexandria Real Estate Equities, Inc. $ARE

Caisse de depot et placement du Quebec purchased a new position in Alexandria Real Estate Equities, Inc. (NYSE:ARE) in the second quarter, HoldingsChannel.com reports. The fund purchased 413,689 shares of the real estate investment trust’s stock, valued at approximately $21,863,000.

Several other institutional investors and hedge funds have also made changes to their positions in ARE. Farther Finance Advisors LLC increased its position in Alexandria Real Estate Equities by 18.1% during the 4th quarter. Farther Finance Advisors LLC now owns 1,228 shares of the real estate investment trust’s stock worth $60,000 after purchasing an additional 188 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Alexandria Real Estate Equities by 0.9% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,443 shares of the real estate investment trust’s stock valued at $1,711,000 after purchasing an additional 198 shares during the last quarter. New Mexico Educational Retirement Board lifted its holdings in Alexandria Real Estate Equities by 2.9% in the 4th quarter. New Mexico Educational Retirement Board now owns 7,200 shares of the real estate investment trust’s stock valued at $352,000 after purchasing an additional 200 shares in the last quarter. CIBC Private Wealth Group LLC lifted its holdings in Alexandria Real Estate Equities by 109.6% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 436 shares of the real estate investment trust’s stock valued at $36,000 after purchasing an additional 228 shares in the last quarter. Finally, Quarry LP boosted its stake in shares of Alexandria Real Estate Equities by 33.9% during the 4th quarter. Quarry LP now owns 991 shares of the real estate investment trust’s stock worth $48,000 after purchasing an additional 251 shares during the last quarter. 96.54% of the stock is currently owned by hedge funds and other institutional investors.

Alexandria Real Estate Equities Stock Down 1.2%

Shares of NYSE:ARE opened at $51.65 on Friday. 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, Inc. has a 1 year low of $39.41 and a 1 year high of $88.24. The stock has a market capitalization of $9.00 billion, a P/E ratio of -8.52 and a beta of 1.15. The stock has a 50-day simple moving average of $50.74 and a 200-day simple moving average of $49.56.

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 return on equity of 5.21% and a negative net margin of 36.08%.The business had revenue of $662.78 million for the quarter, compared to analyst estimates of $464.86 million. During the same period last year, the company posted $2.33 EPS. The firm’s revenue for the quarter 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. Equities analysts forecast that Alexandria Real Estate Equities, Inc. will post 6.39 earnings per share for the current year.

Alexandria Real Estate Equities Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were paid a $0.72 dividend. This represents a $2.88 dividend on an annualized basis and a dividend yield of 5.6%. The ex-dividend date of this dividend was Tuesday, June 30th. Alexandria Real Estate Equities’s dividend payout ratio (DPR) is currently -47.52%.

Insider Buying and Selling at Alexandria Real Estate Equities

In related news, Chairman Joel S. Marcus purchased 5,000 shares of the stock in a transaction that occurred on Monday, August 17th. The stock was purchased at an average cost of $46.28 per share, for a total transaction of $231,400.00. Following the acquisition, the chairman owned 592,724 shares in the company, valued at approximately $27,431,266.72. This trade represents a 0.85% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Marc E. Binda sold 2,000 shares of the firm’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 directly owned 188,264 shares in the company, valued at $10,166,256. This trade represents a 1.05% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 1.35% of the company’s stock.

Analyst Upgrades and Downgrades

ARE has been the subject of a number of recent research reports. Robert W. Baird lifted their price target on shares of Alexandria Real Estate Equities from $46.00 to $52.00 and gave the stock a “neutral” rating in a report on Monday, August 24th. 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 on the stock in a research report on Tuesday, May 5th. Wall Street Zen cut shares of Alexandria Real Estate Equities from a “hold” rating to a “sell” rating in a research note on Saturday, August 8th. Cantor Fitzgerald lifted their target price on shares of Alexandria Real Estate Equities from $43.00 to $52.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 5th. Finally, BMO Capital Markets increased their price target on Alexandria Real Estate Equities from $52.00 to $54.00 and gave the stock a “market perform” rating in a research note on Friday, June 12th. Two equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Alexandria Real Estate Equities presently has a consensus rating of “Reduce” and a consensus target price of $52.85.

Alexandria Real Estate Equities Company Profile

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.