Clal Insurance Enterprises Holdings Ltd Raises Stock Position in Alexandria Real Estate Equities, Inc. $ARE

Clal Insurance Enterprises Holdings Ltd boosted its holdings in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 48.7% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 574,000 shares of the real estate investment trust’s stock after purchasing an additional 188,000 shares during the period. Clal Insurance Enterprises Holdings Ltd owned about 0.33% of Alexandria Real Estate Equities worth $48,595,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Norges Bank purchased a new stake in shares of Alexandria Real Estate Equities in the second quarter worth about $1,195,306,000. State Street Corp grew its stake in shares of Alexandria Real Estate Equities by 1.7% during the 2nd quarter. State Street Corp now owns 10,873,745 shares of the real estate investment trust’s stock worth $803,863,000 after purchasing an additional 181,674 shares during the period. Geode Capital Management LLC increased its holdings in shares of Alexandria Real Estate Equities by 1.9% during the 2nd quarter. Geode Capital Management LLC now owns 4,318,035 shares of the real estate investment trust’s stock valued at $312,407,000 after purchasing an additional 82,591 shares in the last quarter. Invesco Ltd. increased its holdings in shares of Alexandria Real Estate Equities by 16.8% during the 2nd quarter. Invesco Ltd. now owns 3,676,318 shares of the real estate investment trust’s stock valued at $267,011,000 after purchasing an additional 528,575 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of Alexandria Real Estate Equities by 4.9% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 2,655,204 shares of the real estate investment trust’s stock valued at $192,848,000 after purchasing an additional 125,020 shares during the period. 96.54% of the stock is owned by institutional investors and hedge funds.

Alexandria Real Estate Equities Stock Performance

NYSE ARE opened at $54.07 on Friday. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.23 and a quick ratio of 0.23. The stock’s 50 day simple moving average is $53.68 and its 200-day simple moving average is $63.35. The company has a market cap of $9.37 billion, a PE ratio of -6.41, a price-to-earnings-growth ratio of 6.68 and a beta of 1.31. Alexandria Real Estate Equities, Inc. has a 1-year low of $44.10 and a 1-year high of $105.14.

Alexandria Real Estate Equities (NYSE:ARE) last issued its quarterly earnings results on Monday, January 26th. The real estate investment trust reported $2.16 EPS for the quarter, topping the consensus estimate of $2.15 by $0.01. The firm had revenue of $754.41 million during the quarter, compared to analysts’ expectations of $742.64 million. Alexandria Real Estate Equities had a negative return on equity of 6.82% and a negative net margin of 47.23%.The firm’s revenue for the quarter was down 4.4% on a year-over-year basis. During the same period in the previous year, the business earned $2.39 earnings per share. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.250-6.550 EPS. As a group, equities research analysts anticipate that Alexandria Real Estate Equities, Inc. will post 9.32 EPS for the current fiscal year.

Alexandria Real Estate Equities Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Wednesday, December 31st were given a dividend of $0.72 per share. The ex-dividend date was Wednesday, December 31st. This represents a $2.88 dividend on an annualized basis and a yield of 5.3%. Alexandria Real Estate Equities’s payout ratio is presently -34.12%.

Alexandria Real Estate Equities declared that its board has approved a stock repurchase program on Monday, December 8th that authorizes the company to buyback $500.00 million in outstanding shares. This buyback authorization authorizes the real estate investment trust to buy up to 6.4% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s leadership believes its shares are undervalued.

Analyst Upgrades and Downgrades

ARE has been the topic of several analyst reports. Evercore raised their price target on shares of Alexandria Real Estate Equities from $64.00 to $67.00 and gave the company an “outperform” rating in a research report on Wednesday, January 28th. BNP Paribas Exane cut their price target on Alexandria Real Estate Equities from $72.00 to $50.00 and set an “underperform” rating for the company in a research note on Thursday, December 4th. Zacks Research upgraded Alexandria Real Estate Equities from a “strong sell” rating to a “hold” rating in a research report on Thursday, January 29th. The Goldman Sachs Group began coverage on Alexandria Real Estate Equities in a report on Tuesday, February 3rd. They issued a “neutral” rating and a $60.00 price objective on the stock. Finally, Citigroup reduced their target price on Alexandria Real Estate Equities from $61.00 to $52.00 and set a “neutral” rating for the company in a research note on Thursday, December 4th. Four investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, Alexandria Real Estate Equities has an average rating of “Hold” and an average target price of $65.73.

Insider Activity

In other Alexandria Real Estate Equities news, Chairman Joel S. Marcus acquired 25,000 shares of the business’s stock in a transaction on Thursday, February 12th. The stock was bought at an average price of $53.92 per share, for a total transaction of $1,348,000.00. Following the acquisition, the chairman owned 562,724 shares in the company, valued at approximately $30,342,078.08. The trade was a 4.65% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Sheila K. Mcgrath bought 3,100 shares of the stock in a transaction dated Wednesday, December 10th. The shares were bought at an average price of $45.60 per share, for a total transaction of $141,360.00. Following the completion of the acquisition, the director owned 8,392 shares in the company, valued at approximately $382,675.20. The trade was a 58.58% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 1.08% of the stock is currently owned by corporate insiders.

Alexandria Real Estate Equities 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.