ARE stock icon

Alexandria Real Estate Equities
ARE

$116.29
0.75%

Market Cap: $20.3B

 

About: Alexandria Real Estate Equities Inc is an urban office real estate investment trust (REIT). It is engaged in the business of providing space for lease to life science, agtech, and technology tenants. The company has established a significant market presence in key locations, including Greater Boston, the San Francisco Bay Area, New York City, San Diego, Seattle, Maryland, and Research Triangle. Alexandria has a longstanding and proven track record of developing Class A properties clustered in urban life science, agtech, and technology campuses that provide tenants with highly dynamic and collaborative environments. Alexandria also provides strategic capital to transformative life science, agtech, and technology companies through venture capital platform.

Employees: 568

0
Funds holding %
of 6,686 funds
0
Analysts bullish %
of 8 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

24% more first-time investments, than exits

New positions opened: 93 | Existing positions closed: 75

6.0% more ownership

Funds ownership: 87.03% [Q1] → 93.03% (+6.0%) [Q2]

3% more funds holding

Funds holding: 633 [Q1] → 651 (+18) [Q2]

2% more repeat investments, than reductions

Existing positions increased: 249 | Existing positions reduced: 244

3% less capital invested

Capital invested by funds: $19.6B [Q1] → $19B (-$575M) [Q2]

29% less call options, than puts

Call options by funds: $64.6M | Put options by funds: $90.5M

55% less funds holding in top 10

Funds holding in top 10: 11 [Q1] → 5 (-6) [Q2]

Research analyst outlook

8 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$126
8%
upside
Avg. target
$130
12%
upside
High target
$140
20%
upside

8 analyst ratings

positive
38%
neutral
63%
negative
0%
Evercore ISI Group
Steve Sakwa
66% 1-year accuracy
31 / 47 met price target
9%upside
$127
In-Line
Maintained
28 Aug 2024
RBC Capital
Michael Carroll
81% 1-year accuracy
17 / 21 met price target
12%upside
$130
Outperform
Maintained
5 Aug 2024
Jefferies
Peter Abramowitz
83% 1-year accuracy
5 / 6 met price target
9%upside
$127
Hold
Downgraded
2 Aug 2024
B of A Securities
Jeffrey Spector
50% 1-year accuracy
1 / 2 met price target
8%upside
$126
Neutral
Downgraded
29 Jul 2024
Evercore ISI Group
Steve Sakwa
66% 1-year accuracy
31 / 47 met price target
8%upside
$126
In-Line
Downgraded
25 Jul 2024

Financial journalist opinion

Based on 15 articles about ARE published over the past 30 days