Alexandria Real Estate EquitiesARE
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
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
17% more call options, than puts
Call options by funds: $88.9M | Put options by funds: $76.1M
4% more repeat investments, than reductions
Existing positions increased: 257 | Existing positions reduced: 246
3% less funds holding
Funds holding: 659 [Q2] → 637 (-22) [Q3]
12% less capital invested
Capital invested by funds: $19.5B [Q2] → $17.3B (-$2.25B) [Q3]
12.11% less ownership
Funds ownership: 95.62% [Q2] → 83.51% (-12.11%) [Q3]
20% less funds holding in top 10
Funds holding in top 10: 5 [Q2] → 4 (-1) [Q3]
24% less first-time investments, than exits
New positions opened: 70 | Existing positions closed: 92
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
RBC Capital Michael Carroll 39% 1-year accuracy 9 / 23 met price target | 17%upside $114 | Sector Perform Maintained | 17 Dec 2024 |
Wedbush Richard Anderson 59% 1-year accuracy 16 / 27 met price target | 13%upside $110 | Neutral Maintained | 6 Dec 2024 |
JP Morgan Anthony Paolone 39% 1-year accuracy 7 / 18 met price target | 24%upside $121 | Neutral Downgraded | 27 Nov 2024 |
JMP Securities Aaron Hecht 53% 1-year accuracy 20 / 38 met price target | 34%upside $130 | Market Outperform Maintained | 15 Nov 2024 |
Baird David Rodgers 43% 1-year accuracy 10 / 23 met price target | 34%upside $130 | Outperform Maintained | 8 Nov 2024 |
Financial journalist opinion
Based on 24 articles about ARE published over the past 30 days