Caisse de depot et placement du Quebec Acquires New Stake in Alexandria Real Estate Equities, Inc. $ARE

Caisse de depot et placement du Quebec acquired a new stake in Alexandria Real Estate Equities, Inc. (NYSE:ARE) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 413,689 shares of the real estate investment trust’s stock, valued at approximately $21,863,000. Caisse de depot et placement du Quebec owned 0.24% of Alexandria Real Estate Equities as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently bought and sold shares of the company. FNY Investment Advisers LLC acquired a new stake in shares of Alexandria Real Estate Equities in the 2nd quarter worth $26,000. First Bancorp Inc ME acquired a new position in shares of Alexandria Real Estate Equities during the second quarter worth about $26,000. Basecamp Wealth Advisors LLC increased its stake in shares of Alexandria Real Estate Equities by 3,723.5% during the first quarter. Basecamp Wealth Advisors LLC now owns 650 shares of the real estate investment trust’s stock worth $30,000 after acquiring an additional 633 shares during the period. CYBER HORNET ETFs LLC purchased a new position in Alexandria Real Estate Equities during the second quarter worth about $30,000. Finally, BOKF NA raised its holdings in Alexandria Real Estate Equities by 6,033.3% during the third quarter. BOKF NA now owns 368 shares of the real estate investment trust’s stock worth $31,000 after purchasing an additional 362 shares in the last quarter. Hedge funds and other institutional investors own 96.54% of the company’s stock.

Alexandria Real Estate Equities Stock Performance

ARE opened at $51.65 on Friday. 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 cap of $9.00 billion, a P/E ratio of -8.52 and a beta of 1.15. The stock’s 50 day simple moving average is $50.74 and its 200 day simple moving average is $49.56. 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 (NYSE:ARE) last posted its earnings results on Monday, August 3rd. The real estate investment trust reported ($0.43) EPS for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.52). The firm had revenue of $662.78 million for the quarter, compared to analysts’ expectations of $464.86 million. Alexandria Real Estate Equities had a negative return on equity of 5.21% and a negative net margin of 36.08%.The firm’s revenue for the quarter was down 13.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.33 earnings per share. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.350-6.450 EPS. As a group, equities analysts anticipate that Alexandria Real Estate Equities, Inc. will post 6.39 EPS for the current fiscal year.

Alexandria Real Estate Equities Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors 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 dividend yield of 5.6%. Alexandria Real Estate Equities’s payout ratio is currently -47.52%.

Insider Activity

In other Alexandria Real Estate Equities news, CFO Marc E. Binda sold 2,000 shares of Alexandria Real Estate Equities stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $54.00, for a total transaction 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. The trade was a 1.05% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through 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 Alexandria Real Estate Equities stock in a transaction on Monday, August 17th. The stock was acquired at an average cost of $46.28 per share, for a total transaction of $231,400.00. Following the acquisition, the chairman directly owned 592,724 shares of the company’s stock, valued at approximately $27,431,266.72. This represents a 0.85% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 1.35% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on ARE shares. Zacks Research raised Alexandria Real Estate Equities from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 19th. Evercore reissued an “outperform” rating and set a $57.00 target price on shares of Alexandria Real Estate Equities in a research note on Monday, August 17th. Mizuho reduced their price target on 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. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $52.00 price objective on shares of Alexandria Real Estate Equities in a report on Tuesday, May 19th. Finally, BMO Capital Markets increased their price objective on Alexandria Real Estate Equities from $52.00 to $54.00 and gave the stock a “market perform” rating in a research report on Friday, June 12th. Two 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’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Reduce” and an average target price of $52.85.

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.