250,126 Shares in Alexandria Real Estate Equities, Inc. $ARE Acquired by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio bought a new stake in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) during the 2nd quarter, HoldingsChannel reports. The firm bought 250,126 shares of the real estate investment trust’s stock, valued at approximately $13,219,000.

A number of other institutional investors and hedge funds have also modified their holdings of the business. BOKF NA increased its holdings in Alexandria Real Estate Equities by 6,033.3% in the 3rd quarter. BOKF NA now owns 368 shares of the real estate investment trust’s stock worth $31,000 after buying an additional 362 shares in the last quarter. CYBER HORNET ETFs LLC bought a new position in Alexandria Real Estate Equities during the 2nd quarter valued at about $30,000. CIBC Private Wealth Group LLC boosted its holdings 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 purchased a new stake in shares of Alexandria Real Estate Equities during the 2nd quarter valued at about $33,000. Finally, FNY Investment Advisers LLC bought a new stake in shares of Alexandria Real Estate Equities in the second quarter worth approximately $26,000. Institutional investors own 96.54% of the company’s stock.

Alexandria Real Estate Equities Trading Up 0.2%

Shares of ARE stock opened at $51.65 on Monday. Alexandria Real Estate Equities, Inc. has a 1 year low of $39.41 and a 1 year high of $88.24. The firm has a fifty day moving average price of $50.74 and a 200-day moving average price of $49.51. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.19 and a quick ratio of 0.19. The company has a market cap of $9.00 billion, a price-to-earnings ratio of -8.52 and a beta of 1.15.

Alexandria Real Estate Equities (NYSE:ARE) last posted its quarterly earnings data on Monday, August 3rd. The real estate investment trust reported ($0.43) EPS for the quarter, missing the consensus estimate 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%.The company’s revenue for the quarter was down 13.0% on a year-over-year basis. During the same quarter last year, the company earned $2.33 earnings per share. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.350-6.450 EPS. As a group, equities analysts predict that Alexandria Real Estate Equities, Inc. will post 6.39 earnings per share for the current year.

Insider Activity

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

Analysts Set New Price Targets

ARE has been the subject of several research reports. Robert W. Baird boosted their price objective on shares of Alexandria Real Estate Equities from $46.00 to $52.00 and gave the company a “neutral” rating in a report on Monday, August 24th. Evercore reaffirmed an “outperform” rating and issued a $57.00 target price on shares of Alexandria Real Estate Equities in a research report on Monday, August 17th. BMO Capital Markets boosted 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. Mizuho lowered their price target on Alexandria Real Estate Equities from $70.00 to $60.00 and set an “outperform” rating on the stock in a report on Monday, July 6th. Finally, The Goldman Sachs Group restated a “neutral” rating and issued a $52.00 price target on shares of Alexandria Real Estate Equities in a research note on Tuesday, May 19th. Two research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Reduce” and an average target price of $52.85.

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.