Alexandria Real Estate Equities, Inc. $ARE Shares Sold by Corient Private Wealth LP

Key Points

• Corient Private Wealth LP cut its Alexandria Real Estate Equities stake by 83.6% in the second quarter, selling 143,925 shares and retaining 28,152 shares valued at approximately $1.49 million.
• Alexandria reported a quarterly loss of $0.43 per share, missing estimates, while revenue fell 13% year over year to $662.8 million. The company maintained its $0.72 quarterly dividend, equivalent to a 5.8% annualized yield.
• Analyst sentiment remains cautious, with JPMorgan downgrading the stock to “underweight” and Jefferies lowering its price target to $46; the consensus rating is “Reduce,” despite recent insider buying and strong institutional ownership of 96.54%.

Corient Private Wealth LP reduced its stake in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE - Free Report) by 83.6% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 28,152 shares of the real estate investment trust's stock after selling 143,925 shares during the period. Corient Private Wealth LP's holdings in Alexandria Real Estate Equities were worth $1,489,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. BlackRock Inc. bought a new position in Alexandria Real Estate Equities during the second quarter worth $1,146,423,000. Norges Bank bought a new position in shares of Alexandria Real Estate Equities in the 4th quarter worth about $805,429,000. Bank of New York Mellon Corp bought a new position in shares of Alexandria Real Estate Equities in the 2nd quarter worth about $79,253,000. Legal & General Group Plc acquired a new position in shares of Alexandria Real Estate Equities in the 2nd quarter valued at about $76,647,000. Finally, Goldman Sachs Group Inc. lifted its stake in shares of Alexandria Real Estate Equities by 52.7% in the 4th quarter. Goldman Sachs Group Inc. now owns 3,582,387 shares of the real estate investment trust's stock valued at $175,322,000 after purchasing an additional 1,236,781 shares during the period. Institutional investors own 96.54% of the company's stock.

Trending Headlines about Alexandria Real Estate Equities

Here are the key news stories impacting Alexandria Real Estate Equities this week:

• Positive Sentiment: Alexandria secured Cambridge’s largest office lease of the year, providing evidence of continued demand for high-quality life-science and office space in one of the company’s key markets. Alexandria Lands Cambridge's Largest Office Lease Of The Year
• Positive Sentiment: The company and its operating partnership entered into a fourth amended credit agreement providing a $5 billion unsecured senior revolving credit facility. The expanded or renewed liquidity should improve financial flexibility and help support debt management, though borrowing costs and leverage remain important risks. Fourth Amended Credit Agreement
• Neutral Sentiment: Alexandria proposed converting Moderna’s former Cambridge headquarters into affordable housing. The plan could support asset value and community relations, but it is still a proposal and may not have a near-term effect on earnings. Affordable Housing Proposal
• Negative Sentiment: JPMorgan downgraded Alexandria from “neutral” to “underweight,” citing a less favorable risk-reward outlook, while Jefferies cut its price target to $46 from $47 and maintained a “hold” rating. The analyst actions increased selling pressure despite JPMorgan’s $56 target remaining above the recent share price. JPMorgan Downgrade Jefferies Price Target Reduction
• Negative Sentiment: The broader investment case remains constrained by declining occupancy and same-store NOI, elevated leverage near 7.0x, and concerns about office-sector fundamentals. Alexandria’s high dividend yield and low valuation provide support, but investors continue to wait for clearer operating improvement and deleveraging. Alexandria Real Estate Investment Analysis

Alexandria Real Estate Equities Stock Performance

ARE stock opened at $49.95 on Friday. The business has a 50 day moving average of $51.27 and a 200-day moving average of $49.37. The firm has a market cap of $8.70 billion, a PE ratio of -8.24 and a beta of 1.15. Alexandria Real Estate Equities, Inc. has a 12-month low of $39.41 and a 12-month high of $85.37. The company has a quick ratio of 0.19, a current ratio of 0.19 and a debt-to-equity ratio of 0.67.

Alexandria Real Estate Equities (NYSE:ARE - Get Free Report) last issued its quarterly earnings results on Monday, August 3rd. The real estate investment trust reported ($0.43) earnings per share for the quarter, missing analysts' consensus estimates of $0.09 by ($0.52). The company had revenue of $662.78 million during 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%.Alexandria Real Estate Equities's quarterly revenue was down 13.0% compared to the same quarter last year. During the same period last 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, sell-side analysts expect that Alexandria Real Estate Equities, Inc. will post 6.39 earnings per share for the current year.

Alexandria Real Estate Equities Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be paid a $0.72 dividend. This represents a $2.88 dividend on an annualized basis and a yield of 5.8%. The ex-dividend date is Wednesday, September 30th. Alexandria Real Estate Equities's payout ratio is currently -47.52%.

Insider Buying and Selling at Alexandria Real Estate Equities

In other Alexandria Real Estate Equities news, EVP Kristina Fukuzaki-Carlson sold 16,810 shares of the stock in a transaction dated Friday, September 11th. The shares were sold at an average price of $50.51, for a total transaction of $849,073.10. Following the completion of the transaction, the executive vice president owned 39,152 shares in the company, valued at $1,977,567.52. This trade represents a 30.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Chairman Joel S. Marcus bought 5,000 shares of Alexandria Real Estate Equities stock in a transaction dated Friday, September 11th. The stock was acquired at an average price of $49.68 per share, with a total value of $248,400.00. Following the purchase, the chairman directly owned 597,724 shares of the company's stock, valued at approximately $29,694,928.32. This represents a 0.84% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 1.35% of the company's stock.

Wall Street Analysts Forecast Growth

ARE has been the subject of a number of research reports. Weiss Ratings restated a "sell (d)" rating on shares of Alexandria Real Estate Equities in a report on Friday, July 17th. The Goldman Sachs Group increased their price objective on shares of Alexandria Real Estate Equities from $54.00 to $59.00 and gave the stock a "neutral" rating in a research report on Friday, September 18th. BMO Capital Markets raised their target price on Alexandria Real Estate Equities from $52.00 to $54.00 and gave the company a "market perform" rating in a research note on Friday, June 12th. Jefferies Financial Group decreased their target price on Alexandria Real Estate Equities from $47.00 to $46.00 and set a "hold" rating for the company in a research report on Thursday. Finally, JPMorgan Chase & Co. downgraded Alexandria Real Estate Equities from a "neutral" rating to an "underweight" rating and set a $56.00 price target on the stock. in a research note on Thursday. Two research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat, Alexandria Real Estate Equities presently has a consensus rating of "Reduce" and an average target price of $53.38.

Alexandria Real Estate Equities Company Profile

Alexandria Real Estate Equities, Inc NYSE: ARE is a real estate investment trust that owns, operates and develops collaborative life science, agtech and advanced technology campuses. The company provides specialized laboratory, research and office space designed to support organizations working in biotechnology, pharmaceuticals, medical devices, diagnostics, agriculture and related technology fields.

Founded in 1994, Alexandria focuses on properties located in established innovation clusters, where its campuses bring together research institutions, universities, hospitals, government agencies, start-ups and established companies.

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