136,483 Shares in Alexandria Real Estate Equities, Inc. $ARE Purchased by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company acquired a new position in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 136,483 shares of the real estate investment trust’s stock, valued at approximately $7,213,000.

A number of other large investors also recently added to or reduced their stakes in ARE. BOKF NA lifted its holdings in Alexandria Real Estate Equities by 6,033.3% in the third quarter. BOKF NA now owns 368 shares of the real estate investment trust’s stock valued at $31,000 after buying an additional 362 shares during the period. CYBER HORNET ETFs LLC acquired a new stake in Alexandria Real Estate Equities during the 2nd quarter worth $30,000. CIBC Private Wealth Group LLC raised its position in shares of Alexandria Real Estate Equities by 109.6% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 436 shares of the real estate investment trust’s stock valued at $36,000 after acquiring an additional 228 shares during the last quarter. MUFG Securities EMEA plc bought a new stake in shares of Alexandria Real Estate Equities during the 2nd quarter valued at $33,000. Finally, FNY Investment Advisers LLC acquired a new position in shares of Alexandria Real Estate Equities in the 2nd quarter valued at $26,000. 96.54% of the stock is currently owned by institutional investors and hedge funds.

Alexandria Real Estate Equities Stock Up 0.2%

Alexandria Real Estate Equities stock opened at $51.65 on Monday. The stock has a market capitalization of $9.00 billion, a PE ratio of -8.52 and a beta of 1.15. Alexandria Real Estate Equities, Inc. has a twelve month low of $39.41 and a twelve month high of $88.24. The company has a quick ratio of 0.19, a current ratio of 0.19 and a debt-to-equity ratio of 0.67. The company has a 50 day moving average of $50.74 and a 200-day moving average of $49.51.

Alexandria Real Estate Equities (NYSE:ARE) last issued 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 company had revenue of $662.78 million for 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 company’s revenue was down 13.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.33 earnings per share. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.350-6.450 EPS. On average, equities research analysts anticipate that Alexandria Real Estate Equities, Inc. will post 6.39 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

ARE has been the topic of several analyst reports. Evercore reissued an “outperform” rating and issued a $57.00 target price on shares of Alexandria Real Estate Equities in a research note on Monday, August 17th. Royal Bank Of Canada reduced their price objective on shares of Alexandria Real Estate Equities from $60.00 to $50.00 and set a “sector perform” rating on the stock in a research note on Tuesday, May 5th. Citizens Jmp restated a “market perform” rating on shares of Alexandria Real Estate Equities in a report on Monday, August 17th. Robert W. Baird upped their target price on shares of Alexandria Real Estate Equities from $46.00 to $52.00 and gave the company a “neutral” rating in a research note on Monday, August 24th. Finally, Citigroup increased their target price on shares of Alexandria Real Estate Equities from $42.00 to $50.00 and gave the stock a “neutral” rating in a report on Monday, August 10th. Two investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Alexandria Real Estate Equities presently has an average rating of “Reduce” and an average target price of $52.85.

Insider Buying and Selling at Alexandria Real Estate Equities

In other Alexandria Real Estate Equities news, CFO Marc E. Binda sold 2,000 shares of the business’s stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $54.00, for a total transaction of $108,000.00. Following the sale, the chief financial officer directly owned 188,264 shares of the company’s stock, valued at $10,166,256. The trade was a 1.05% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Chairman Joel S. Marcus acquired 5,000 shares of Alexandria Real Estate Equities stock in a transaction dated Monday, August 17th. The shares were acquired at an average price of $46.28 per share, with a total value of $231,400.00. Following the completion of the purchase, the chairman owned 592,724 shares in the company, valued at approximately $27,431,266.72. The trade was a 0.85% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 1.35% of the stock is currently owned by 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.