Alexandria Real Estate Equities (NYSE:ARE) Given New $46.00 Price Target at Jefferies Financial Group

Alexandria Real Estate Equities (NYSE:ARE) had its target price lowered by Jefferies Financial Group from $47.00 to $46.00 in a research report issued on Thursday. The brokerage presently has a “hold” rating on the real estate investment trust’s stock. Jefferies Financial Group’s price target would indicate a potential downside of 11.20% from the company’s current price.

Several other research analysts also recently commented on the company. BMO Capital Markets raised their price objective on Alexandria Real Estate Equities from $52.00 to $54.00 and gave the stock a “market perform” rating in a report on Friday, June 12th. Wall Street Zen downgraded Alexandria Real Estate Equities from a “hold” rating to a “sell” rating in a research report on Saturday, August 8th. Evercore reiterated an “outperform” rating and set a $59.00 target price on shares of Alexandria Real Estate Equities in a report on Monday. Morgan Stanley reissued an “underweight” rating and set a $53.00 target price on shares of Alexandria Real Estate Equities in a research report on Thursday, June 11th. Finally, Robert W. Baird upped their price target on shares of Alexandria Real Estate Equities from $46.00 to $52.00 and gave the stock a “neutral” rating in a research report on Monday, August 24th. Two equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat.com, Alexandria Real Estate Equities currently has a consensus rating of “Reduce” and a consensus price target of $53.38.

Alexandria Real Estate Equities Trading Down 3.8%

Shares of ARE opened at $51.80 on Thursday. Alexandria Real Estate Equities has a 1-year low of $39.41 and a 1-year high of $86.74. The company has a 50-day moving average of $51.26 and a 200 day moving average of $49.36. The firm has a market capitalization of $9.03 billion, a price-to-earnings ratio of -8.55 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) last issued its earnings results 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 during the quarter, compared to the consensus estimate 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%.Alexandria Real Estate Equities’s revenue was down 13.0% on a year-over-year basis. During the same quarter in the prior 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. On average, research analysts expect that Alexandria Real Estate Equities will post 6.39 EPS for the current year.

Insider Activity

In other news, EVP Kristina Fukuzaki-Carlson sold 16,810 shares of the stock in a transaction on Friday, September 11th. The stock was sold at an average price of $50.51, for a total transaction of $849,073.10. Following the completion of the sale, the executive vice president owned 39,152 shares in the company, valued at approximately $1,977,567.52. This represents a 30.04% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Andres Gavinet sold 10,000 shares of the firm’s stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $50.93, for a total value of $509,300.00. Following the completion of the sale, the chief accounting officer directly owned 102,516 shares of the company’s stock, valued at approximately $5,221,139.88. This represents a 8.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 1.35% of the company’s stock.

Institutional Investors Weigh In On Alexandria Real Estate Equities

Institutional investors and hedge funds have recently modified their holdings of the company. Monaco Asset Management SAM acquired a new stake in shares of Alexandria Real Estate Equities in the fourth quarter worth $6,582,000. Norges Bank purchased a new stake in Alexandria Real Estate Equities in the 4th quarter worth approximately $805,429,000. Handelsbanken Fonder AB boosted its holdings in 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. Perigon Wealth Management LLC acquired a new stake in shares of Alexandria Real Estate Equities during the 2nd quarter valued at about $1,155,000. Finally, Lasalle Investment Management Securities LLC grew its holdings in Alexandria Real Estate Equities by 43.4% in the fourth quarter. Lasalle Investment Management Securities LLC now owns 1,703,228 shares of the real estate investment trust’s stock valued at $83,356,000 after purchasing an additional 515,649 shares during the period. Institutional investors and hedge funds own 96.54% of the company’s stock.

Alexandria Real Estate Equities Company Profile

Alexandria Real Estate Equities, Inc (NYSE:ARE) is a real estate investment trust that owns, operates and develops collaborative life science, agtech and advanced technology campuses. The company provides specialized laboratory, research and office space designed to support organizations working in biotechnology, pharmaceuticals, medical devices, diagnostics, agriculture and related technology fields.

Founded in 1994, Alexandria focuses on properties located in established innovation clusters, where its campuses bring together research institutions, universities, hospitals, government agencies, start-ups and established companies.