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Alexandria Real Estate Equities
ARE

$118.92
2.51%

Market Cap: 20.8B

 

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 6,702 funds
0
Analysts bullish %
of 9 analysts
0
News positive %
of 20 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

19% more repeat investments, than reductions

Existing positions increased: 257 | Existing positions reduced: 216

0% more call options, than puts

Call options by funds: $90.6M | Put options by funds: $90.2M

1% less funds holding

Funds holding: 631 [Q4 2023] → 622 (-9) [Q1 2024]

9% less capital invested

Capital invested by funds: $21.4B [Q4 2023] → $19.4B (-$2.02B) [Q1 2024]

11.01% less ownership

Funds ownership: 96.99% [Q4 2023] → 85.98% (-11.01%) [Q1 2024]

12% less first-time investments, than exits

New positions opened: 67 | Existing positions closed: 76

15% less funds holding in top 10

Funds holding in top 10: 13 [Q4 2023] → 11 (-2) [Q1 2024]

Research analyst outlook

9 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$126
6%
upside
Avg. target
$136
14%
upside
High target
$140
18%
upside

9 analyst ratings

positive
78%
neutral
22%
negative
0%
Evercore ISI Group
Steve Sakwa
6%upside
$126
In-Line
Downgraded
25 Jul 2024
Wedbush
Richard Anderson
9%upside
$130
Neutral
Downgraded
24 Jul 2024
JMP Securities
Aaron Hecht
18%upside
$140
Market Outperform
Reiterated
23 Jul 2024
Evercore ISI Group
Steve Sakwa
12%upside
$133
Outperform
Maintained
16 Jul 2024
Evercore ISI Group
Steve Sakwa
11%upside
$132
Outperform
Maintained
25 Apr 2024

Financial journalist opinion

Based on 20 articles about ARE published over the past 30 days