Clal Insurance Enterprises Holdings Ltd Purchases 344,000 Shares of Alexandria Real Estate Equities, Inc. $ARE

Clal Insurance Enterprises Holdings Ltd lifted its stake in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 59.9% in the fourth quarter, HoldingsChannel reports. The fund owned 918,000 shares of the real estate investment trust’s stock after acquiring an additional 344,000 shares during the period. Clal Insurance Enterprises Holdings Ltd’s holdings in Alexandria Real Estate Equities were worth $45,149,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. DNB Asset Management AS raised its stake in shares of Alexandria Real Estate Equities by 121.4% in the third quarter. DNB Asset Management AS now owns 92,657 shares of the real estate investment trust’s stock worth $7,722,000 after purchasing an additional 50,810 shares during the last quarter. Cbre Investment Management Listed Real Assets LLC lifted its stake in shares of Alexandria Real Estate Equities by 159.3% in the 3rd quarter. Cbre Investment Management Listed Real Assets LLC now owns 491,416 shares of the real estate investment trust’s stock valued at $40,955,000 after purchasing an additional 301,906 shares during the last quarter. Gradient Investments LLC lifted its stake in Alexandria Real Estate Equities by 1,453.9% during the 4th quarter. Gradient Investments LLC now owns 257,838 shares of the real estate investment trust’s stock worth $12,619,000 after acquiring an additional 241,245 shares in the last quarter. GSI Capital Advisors LLC acquired a new position in Alexandria Real Estate Equities during the 3rd quarter worth about $3,791,000. Finally, Sumitomo Mitsui Trust Group Inc. raised its position in Alexandria Real Estate Equities by 21.8% in the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,415,876 shares of the real estate investment trust’s stock valued at $69,293,000 after purchasing an additional 253,402 shares in the last quarter. Hedge funds and other institutional investors own 96.54% of the company’s stock.

Analyst Upgrades and Downgrades

ARE has been the topic of several analyst reports. Evercore lifted their target price on Alexandria Real Estate Equities from $55.00 to $58.00 and gave the company an “outperform” rating in a research note on Monday, June 8th. Wall Street Zen upgraded Alexandria Real Estate Equities from a “sell” rating to a “hold” rating in a research note on Saturday, May 2nd. JPMorgan Chase & Co. cut their price objective on Alexandria Real Estate Equities from $63.00 to $57.00 and set a “neutral” rating on the stock in a research note on Tuesday, March 10th. The Goldman Sachs Group reiterated a “neutral” rating and set a $52.00 price target on shares of Alexandria Real Estate Equities in a research report on Tuesday, May 19th. Finally, Jefferies Financial Group decreased their price target on Alexandria Real Estate Equities from $57.00 to $47.00 and set a “hold” rating for the company in a research note on Tuesday, April 14th. Three research analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, Alexandria Real Estate Equities presently has an average rating of “Hold” and an average price target of $51.62.

Alexandria Real Estate Equities Trading Up 0.7%

Shares of NYSE:ARE opened at $53.15 on Friday. The company has a 50-day simple moving average of $47.14 and a 200 day simple moving average of $49.99. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.20 and a current ratio of 0.20. The company has a market capitalization of $9.26 billion, a P/E ratio of -8.48, a price-to-earnings-growth ratio of 6.39 and a beta of 1.19. Alexandria Real Estate Equities, Inc. has a 52-week low of $39.41 and a 52-week high of $88.24.

Alexandria Real Estate Equities (NYSE:ARE) last issued its quarterly earnings data on Monday, April 27th. The real estate investment trust reported $1.73 earnings per share for the quarter, hitting the consensus estimate of $1.73. Alexandria Real Estate Equities had a negative net margin of 36.03% and a negative return on equity of 5.21%. The company had revenue of $671.02 million for the quarter, compared to analysts’ expectations of $684.78 million. During the same quarter in the previous year, the firm posted $2.30 earnings per share. Alexandria Real Estate Equities’s revenue for the quarter was down 11.5% on a year-over-year basis. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.300-6.500 EPS. Sell-side analysts forecast that Alexandria Real Estate Equities, Inc. will post 6.4 earnings per share for the current year.

Alexandria Real Estate Equities Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be issued a $0.72 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $2.88 annualized dividend and a yield of 5.4%. Alexandria Real Estate Equities’s dividend payout ratio (DPR) is -45.93%.

Insider Activity

In other Alexandria Real Estate Equities news, EVP Gregory Calvin Thomas acquired 3,500 shares of the business’s stock in a transaction on Thursday, April 30th. The shares were acquired at an average price of $41.00 per share, for a total transaction of $143,500.00. Following the completion of the acquisition, the executive vice president owned 33,024 shares in the company, valued at $1,353,984. This trade represents a 11.85% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Marc E. Binda sold 2,000 shares of the stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of $54.00, for a total transaction of $108,000.00. Following the transaction, the chief financial officer owned 188,264 shares in the company, valued at approximately $10,166,256. This trade represents a 1.05% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 1.35% of the company’s stock.

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.