Allstate Corp Has $1.87 Million Holdings in Alexandria Real Estate Equities, Inc. $ARE

Allstate Corp lifted its holdings in Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 212.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,291 shares of the real estate investment trust’s stock after acquiring an additional 26,052 shares during the quarter. Allstate Corp’s holdings in Alexandria Real Estate Equities were worth $1,874,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Farther Finance Advisors LLC boosted its holdings in shares of Alexandria Real Estate Equities by 18.1% in the 4th quarter. Farther Finance Advisors LLC now owns 1,228 shares of the real estate investment trust’s stock worth $60,000 after acquiring an additional 188 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Alexandria Real Estate Equities by 0.9% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,443 shares of the real estate investment trust’s stock worth $1,711,000 after buying an additional 198 shares in the last quarter. UMB Bank n.a. lifted its holdings in Alexandria Real Estate Equities by 17.4% during the 3rd quarter. UMB Bank n.a. now owns 1,385 shares of the real estate investment trust’s stock worth $115,000 after buying an additional 205 shares in the last quarter. Opinicus Capital Inc. lifted its holdings in Alexandria Real Estate Equities by 3.5% during the 3rd quarter. Opinicus Capital Inc. now owns 6,502 shares of the real estate investment trust’s stock worth $542,000 after buying an additional 222 shares in the last quarter. Finally, CIBC Private Wealth Group LLC lifted its holdings in 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 worth $36,000 after buying an additional 228 shares in the last quarter. 96.54% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Alexandria Real Estate Equities

In related news, Chairman Joel S. Marcus purchased 7,500 shares of the stock in a transaction on Tuesday, May 5th. The shares were purchased at an average cost of $42.72 per share, with a total value of $320,400.00. Following the acquisition, the chairman directly owned 587,724 shares in the company, valued at $25,107,569.28. The trade was a 1.29% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Gregory Calvin Thomas purchased 3,500 shares of the stock in a transaction on Thursday, April 30th. The stock was bought at an average cost of $41.00 per share, for a total transaction of $143,500.00. Following the completion of the acquisition, the executive vice president owned 33,024 shares in the company, valued at approximately $1,353,984. This trade represents a 11.85% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 1.35% of the company’s stock.

Analysts Set New Price Targets

Several research firms have issued reports on ARE. BNP Paribas Exane reduced their price objective on Alexandria Real Estate Equities from $50.00 to $44.00 and set an “underperform” rating on the stock in a report on Tuesday, April 28th. Cantor Fitzgerald reduced their price objective on Alexandria Real Estate Equities from $60.00 to $43.00 and set a “neutral” rating on the stock in a report on Wednesday, April 29th. Jefferies Financial Group dropped their target price on shares of Alexandria Real Estate Equities from $57.00 to $47.00 and set a “hold” rating for the company in a research report on Tuesday, April 14th. Morgan Stanley lowered their price objective on shares of Alexandria Real Estate Equities from $54.00 to $53.00 and set an “equal weight” rating for the company in a research report on Tuesday. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on shares of Alexandria Real Estate Equities from $53.00 to $55.00 and gave the company a “hold” rating in a research report on Monday, February 2nd. Three investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $51.23.

Alexandria Real Estate Equities Trading Up 0.2%

Shares of NYSE:ARE opened at $50.03 on Friday. Alexandria Real Estate Equities, Inc. has a 52-week low of $39.41 and a 52-week high of $88.24. The company has a market capitalization of $8.72 billion, a P/E ratio of -7.98, a price-to-earnings-growth ratio of 6.05 and a beta of 1.12. The company has a 50-day simple moving average of $46.13 and a 200 day simple moving average of $49.99. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.20 and a current ratio of 0.20.

Alexandria Real Estate Equities (NYSE:ARE) last issued its earnings results on Monday, April 27th. The real estate investment trust reported $1.73 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.73. The business had revenue of $671.02 million during the quarter, compared to the consensus estimate of $684.78 million. Alexandria Real Estate Equities had a negative net margin of 36.03% and a negative return on equity of 5.21%. Alexandria Real Estate Equities’s revenue was down 11.5% on a year-over-year basis. During the same period last year, the business posted $2.30 EPS. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.300-6.500 EPS. Sell-side analysts forecast that Alexandria Real Estate Equities, Inc. will post 6.4 earnings per share for the current year.

About Alexandria Real Estate Equities

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.