Menora Mivtachim Holdings LTD. Makes New Investment in Alexandria Real Estate Equities, Inc. $ARE

Key Points

• Menora Mivtachim bought a new position in Alexandria Real Estate Equities (NYSE: ARE) of 735,000 shares valued at approximately $61,255,000 in the third quarter, representing about 0.43% ownership per its latest 13F filing.
• Alexandria has authorized a $500 million stock buyback (up to ~6.4% of shares) and declared a quarterly dividend of $0.72 ($2.88 annualized, ~5.7% yield; ex-dividend March 31, pay April 15).
• Insider activity and analyst context: Chairman Joel S. Marcus purchased 25,000 shares (a 4.65% increase in his stake), institutional investors own ~96.54% of the stock, and analysts' consensus rating is a Hold with a $65.33 target.

Menora Mivtachim Holdings LTD. bought a new position in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE - Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 735,000 shares of the real estate investment trust's stock, valued at approximately $61,255,000. Menora Mivtachim Holdings LTD. owned approximately 0.43% of Alexandria Real Estate Equities as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Alexandria Real Estate Equities by 102.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,245 shares of the real estate investment trust's stock valued at $2,184,000 after acquiring an additional 11,762 shares in the last quarter. NewEdge Advisors LLC raised its stake in Alexandria Real Estate Equities by 4,261.1% in the 1st quarter. NewEdge Advisors LLC now owns 3,140 shares of the real estate investment trust's stock worth $290,000 after purchasing an additional 3,068 shares in the last quarter. Empowered Funds LLC boosted its holdings in Alexandria Real Estate Equities by 4.8% in the 1st quarter. Empowered Funds LLC now owns 6,455 shares of the real estate investment trust's stock valued at $597,000 after purchasing an additional 296 shares during the period. Woodline Partners LP boosted its holdings in Alexandria Real Estate Equities by 39.9% in the 1st quarter. Woodline Partners LP now owns 13,015 shares of the real estate investment trust's stock valued at $1,204,000 after purchasing an additional 3,714 shares during the period. Finally, Focus Partners Wealth grew its position in shares of Alexandria Real Estate Equities by 171.5% during the 1st quarter. Focus Partners Wealth now owns 6,591 shares of the real estate investment trust's stock worth $610,000 after purchasing an additional 4,163 shares in the last quarter. Institutional investors own 96.54% of the company's stock.

Insider Buying and Selling at Alexandria Real Estate Equities

In other news, Chairman Joel S. Marcus acquired 25,000 shares of the business's stock in a transaction that occurred on Thursday, February 12th. The shares were bought at an average price of $53.92 per share, with a total value of $1,348,000.00. Following the acquisition, the chairman directly owned 562,724 shares in the company, valued at $30,342,078.08. The trade was a 4.65% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. 1.08% of the stock is currently owned by company insiders.

Alexandria Real Estate Equities Stock Performance

Alexandria Real Estate Equities stock opened at $50.23 on Friday. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.65. The stock has a market cap of $8.70 billion, a PE ratio of -5.95, a P/E/G ratio of 6.08 and a beta of 1.31. Alexandria Real Estate Equities, Inc. has a 12-month low of $44.10 and a 12-month high of $101.21. The business's 50-day moving average price is $54.16 and its two-hundred day moving average price is $61.78.

Alexandria Real Estate Equities (NYSE:ARE - Get Free Report) last posted its quarterly earnings results on Monday, January 26th. The real estate investment trust reported $2.16 earnings per share for the quarter, beating analysts' consensus estimates of $2.15 by $0.01. The company had revenue of $754.41 million for the quarter, compared to the consensus estimate of $742.64 million. Alexandria Real Estate Equities had a negative net margin of 47.23% and a negative return on equity of 6.82%. The firm's quarterly revenue was down 4.4% compared to the same quarter last year. During the same period last year, the company posted $2.39 EPS. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.250-6.550 EPS. As a group, analysts expect that Alexandria Real Estate Equities, Inc. will post 9.32 earnings per share for the current fiscal year.

Alexandria Real Estate Equities announced that its board has authorized a stock buyback program on Monday, December 8th that permits the company to buyback $500.00 million in outstanding shares. This buyback authorization permits the real estate investment trust to repurchase up to 6.4% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's management believes its stock is undervalued.

Alexandria Real Estate Equities Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be paid a $0.72 dividend. This represents a $2.88 dividend on an annualized basis and a dividend yield of 5.7%. The ex-dividend date is Tuesday, March 31st. Alexandria Real Estate Equities's dividend payout ratio is presently -34.12%.

Analyst Ratings Changes

ARE has been the topic of several recent research reports. Zacks Research raised shares of Alexandria Real Estate Equities from a "strong sell" rating to a "hold" rating in a report on Thursday, January 29th. Cantor Fitzgerald boosted their price target on Alexandria Real Estate Equities from $46.00 to $60.00 and gave the company a "neutral" rating in a research note on Wednesday, January 28th. Jefferies Financial Group increased their price target on Alexandria Real Estate Equities from $47.00 to $57.00 and gave the stock a "hold" rating in a research report on Friday, January 30th. Morgan Stanley lowered their price objective on Alexandria Real Estate Equities from $55.00 to $54.00 and set an "equal weight" rating on the stock in a research note on Monday, February 9th. Finally, BNP Paribas Exane dropped their price objective on Alexandria Real Estate Equities from $72.00 to $50.00 and set an "underperform" rating for the company in a report on Thursday, December 4th. Four investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $65.33.

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.

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