Alexandria Real Estate Equities shares fell -4.1% this afternoon to a price of $128.98. The stock is still trading within range of its average target price of $131.92, and over the last 52 weeks, it has recorded a -7.2% performance. Analysts have given the large-cap Specialty Real Estate Investment Trust stock target prices ranging from $108.0 to $186.0 dollars per share, with an average rating of buy.
The stock has an average amount of shares sold short at 3.9%, and a short ratio of 4.88. The company's insiders own 0.83% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that a significant number of institutional investors are invested in the stock, with 98.0% of Alexandria Real Estate Equities's shares being owned by this investor type.
Institutions Invested in Alexandria Real Estate Equities
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-09-30 | Vanguard Group Inc | 15% | 26,767,277 | $3,452,387,317 |
| 2023-09-30 | Blackrock Inc. | 10% | 17,153,912 | $2,212,475,637 |
| 2022-12-31 | Norges Bank Investment Management | 9% | 15,632,151 | $2,016,202,090 |
| 2023-09-30 | State Street Corporation | 6% | 11,129,083 | $1,435,405,812 |
| 2023-09-30 | Apg Asset Management US Inc. | 4% | 7,177,446 | $925,731,950 |
| 2023-09-30 | Principal Financial Group, Inc. | 4% | 6,368,647 | $821,414,749 |
| 2023-09-30 | JP Morgan Chase & Company | 3% | 5,315,732 | $685,611,978 |
| 2023-09-30 | Canada Pension Plan Investment Board | 2% | 4,038,496 | $520,876,754 |
| 2023-09-30 | Geode Capital Management, LLC | 2% | 3,734,726 | $481,697,136 |
| 2023-09-30 | Victory Capital Management Inc. | 2% | 3,715,744 | $479,248,877 |
Besides an analyst consensus of some upside potential, other market factors point to there being mixed market sentiment on Alexandria Real Estate Equities.
