Jefferies Financial Group Lowers Alexandria Real Estate Equities (NYSE:ARE) Price Target to $47.00

Alexandria Real Estate Equities (NYSE:ARE) had its price objective reduced by stock analysts at Jefferies Financial Group from $57.00 to $47.00 in a note issued to investors on Tuesday,MarketScreener reports. The brokerage presently has a “hold” rating on the real estate investment trust’s stock. Jefferies Financial Group’s price target points to a potential downside of 1.09% from the company’s current price.

A number of other research analysts have also recently commented on ARE. Royal Bank Of Canada reissued a “sector perform” rating and set a $60.00 target price on shares of Alexandria Real Estate Equities in a research report on Tuesday, February 10th. Zacks Research raised shares of Alexandria Real Estate Equities from a “strong sell” rating to a “hold” rating in a report on Thursday, January 29th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Alexandria Real Estate Equities in a research note on Wednesday, January 21st. The Goldman Sachs Group started coverage on shares of 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, BMO Capital Markets restated a “market perform” rating and set a $52.00 target price (down from $65.00) on shares of Alexandria Real Estate Equities in a research note on Wednesday, March 25th. Three equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $63.67.

Alexandria Real Estate Equities Price Performance

Shares of NYSE ARE opened at $47.52 on Tuesday. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.23 and a quick ratio of 0.23. Alexandria Real Estate Equities has a 1-year low of $41.44 and a 1-year high of $88.24. The company has a market capitalization of $8.23 billion, a price-to-earnings ratio of -5.63, a PEG ratio of 5.49 and a beta of 1.33. The business has a 50-day moving average of $49.78 and a 200-day moving average of $55.25.

Alexandria Real Estate Equities (NYSE:ARE) last announced its earnings results on Monday, January 26th. The real estate investment trust reported $2.16 EPS for the quarter, beating the consensus estimate of $2.15 by $0.01. The business had revenue of $754.41 million for the quarter, compared to the consensus estimate 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 company’s revenue was down 4.4% on a year-over-year basis. During the same period last year, the business posted $2.39 EPS. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.250-6.550 EPS. On average, equities analysts anticipate that Alexandria Real Estate Equities will post 9.32 EPS for the current fiscal year.

Insider Buying and Selling at Alexandria Real Estate Equities

In related news, Chairman Joel S. Marcus bought 25,000 shares of the company’s stock in a transaction dated Thursday, February 12th. The stock was bought at an average price of $53.92 per share, with a total value of $1,348,000.00. Following the transaction, the chairman owned 562,724 shares of the company’s stock, valued at approximately $30,342,078.08. This trade represents a 4.65% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 1.35% of the company’s stock.

Institutional Trading of Alexandria Real Estate Equities

Several hedge funds and other institutional investors have recently bought and sold shares of ARE. Hsbc Holdings PLC lifted its holdings in Alexandria Real Estate Equities by 92.9% during the 4th quarter. Hsbc Holdings PLC now owns 1,056,161 shares of the real estate investment trust’s stock worth $51,666,000 after buying an additional 508,578 shares during the last quarter. Rockefeller Capital Management L.P. increased its holdings in shares of Alexandria Real Estate Equities by 44.3% in the 4th quarter. Rockefeller Capital Management L.P. now owns 4,660 shares of the real estate investment trust’s stock valued at $228,000 after acquiring an additional 1,431 shares during the last quarter. Corient Private Wealth LLC increased its holdings in shares of Alexandria Real Estate Equities by 52.9% in the 4th quarter. Corient Private Wealth LLC now owns 36,557 shares of the real estate investment trust’s stock valued at $1,790,000 after acquiring an additional 12,649 shares during the last quarter. Flax Pond Capital LLC acquired a new stake in shares of Alexandria Real Estate Equities during the 4th quarter valued at approximately $2,809,000. Finally, Alpine Global Management LLC acquired a new stake in shares of Alexandria Real Estate Equities during the 4th quarter valued at approximately $201,000. 96.54% of the stock is owned by institutional investors.

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.