Connor Clark & Lunn Investment Management Ltd. acquired a new stake in Alexandria Real Estate Equities, Inc. (NYSE:ARE - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 227,272 shares of the real estate investment trust's stock, valued at approximately $12,011,000. Connor Clark & Lunn Investment Management Ltd. owned about 0.13% of Alexandria Real Estate Equities at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also modified their holdings of the company. Norges Bank acquired a new position in shares of Alexandria Real Estate Equities in the 4th quarter valued at approximately $805,429,000. Monaco Asset Management SAM acquired a new stake in shares of Alexandria Real Estate Equities during the fourth quarter worth approximately $6,582,000. Handelsbanken Fonder AB grew its position in shares of Alexandria Real Estate Equities by 58.6% during the second quarter. Handelsbanken Fonder AB now owns 68,500 shares of the real estate investment trust's stock worth $3,620,000 after buying an additional 25,300 shares in the last quarter. Diamond Hill Capital Management Inc. bought a new stake in shares of Alexandria Real Estate Equities in the fourth quarter worth $8,445,000. Finally, Northwestern Mutual Wealth Management Co. increased its stake in shares of Alexandria Real Estate Equities by 789.6% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 51,884 shares of the real estate investment trust's stock worth $2,539,000 after buying an additional 46,052 shares during the last quarter. 96.54% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of research analysts have commented on ARE shares. Mizuho reduced their price objective on shares of Alexandria Real Estate Equities from $70.00 to $60.00 and set an "outperform" rating on the stock in a research note on Monday, July 6th. BNP Paribas Exane boosted their target price on shares of Alexandria Real Estate Equities from $45.00 to $48.00 and gave the stock an "underperform" rating in a research report on Wednesday, August 5th. BMO Capital Markets upped their target price on shares of 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. Morgan Stanley reaffirmed an "underweight" rating and set a $53.00 price target on shares of Alexandria Real Estate Equities in a research report on Thursday, June 11th. Finally, Zacks Research upgraded Alexandria Real Estate Equities from a "strong sell" rating to a "hold" rating in a research note on Wednesday, August 19th. Two analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Reduce" and a consensus target price of $52.85.
Check Out Our Latest Analysis on Alexandria Real Estate Equities
Key Alexandria Real Estate Equities News
Here are the key news stories impacting Alexandria Real Estate Equities this week:
- Positive Sentiment: Alexandria is selling Cambridge lab condominium units to Draper for approximately $45 million, providing cash and potentially helping the REIT reduce exposure to a challenging life-sciences real estate market. Alexandria Sells Cambridge Lab Condo Units For $45M
- Neutral Sentiment: Alexandria announced that it will release third-quarter 2026 operating and financial results on October 27, followed by a conference call and webcast. The event gives investors a forthcoming catalyst, but the announcement itself does not change current fundamentals. Alexandria Third Quarter 2026 Results Conference Call
- Neutral Sentiment: Robert W. Baird raised its price target to $52 from $46 but retained a Neutral rating. The new target is slightly below the stock’s referenced trading level, limiting the bullish significance of the increase.
- Negative Sentiment: Reports indicate Alexandria could absorb roughly a $75 million loss on the Cambridge sale, substantially exceeding the $45 million proceeds. That suggests continued pressure on property valuations and may raise concerns about future asset-sale write-downs. Draper Buys Its Own Cambridge Lab Floors as Alexandria Eats $75M Loss
- Negative Sentiment: Zacks Research cut estimates across multiple periods and maintained a Hold rating. Forecast FY2027 EPS fell to $5.16 from $5.56, while FY2028 EPS declined to $5.47 from $5.62; estimates for several 2026–2028 quarters were also reduced. The revisions point to weakening expectations for earnings growth and likely contributed to the stock’s decline.
Alexandria Real Estate Equities Stock Performance
Shares of ARE opened at $52.86 on Wednesday. The business's fifty day moving average price is $50.63 and its 200 day moving average price is $49.58. Alexandria Real Estate Equities, Inc. has a 12-month low of $39.41 and a 12-month high of $88.24. The stock has a market capitalization of $9.21 billion, a PE ratio of -8.72 and a beta of 1.15. 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 - Get Free Report) last released its quarterly earnings data 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 business had revenue of $662.78 million during the quarter, compared to analyst estimates 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 business's revenue for the quarter was down 13.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.33 EPS. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.350-6.450 EPS. Equities research analysts forecast that Alexandria Real Estate Equities, Inc. will post 6.38 EPS for the current year.
Alexandria Real Estate Equities Dividend Announcement
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 dividend of $0.72 per share. 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 is currently -47.52%.
Insider Transactions at Alexandria Real Estate Equities
In related news, Chairman Joel S. Marcus bought 5,000 shares of the stock in a transaction dated Monday, August 17th. The stock was bought at an average cost of $46.28 per share, with a total value of $231,400.00. Following the completion of the acquisition, the chairman owned 592,724 shares of the company's stock, valued at $27,431,266.72. This trade represents a 0.85% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible 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 stock was sold at an average price of $54.00, for a total value of $108,000.00. Following the sale, the chief financial officer owned 188,264 shares in the company, valued at $10,166,256. The trade was a 1.05% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.35% of the stock is owned by corporate insiders.
Alexandria Real Estate Equities Profile
(
Free Report)
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.
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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
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