Dalton Greiner Hartman Maher & Co. decreased its stake in Alexandria Real Estate Equities Inc. (NYSE:ARE) by 20.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 106,316 shares of the real estate investment trust’s stock after selling 27,728 shares during the period. Dalton Greiner Hartman Maher & Co. owned about 0.14% of Alexandria Real Estate Equities worth $11,564,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of ARE. Capstone Asset Management Co. increased its position in shares of Alexandria Real Estate Equities by 0.7% in the third quarter. Capstone Asset Management Co. now owns 7,092 shares of the real estate investment trust’s stock valued at $771,000 after buying an additional 50 shares in the last quarter. Atria Investments LLC acquired a new position in shares of Alexandria Real Estate Equities during the third quarter valued at approximately $205,000. Oregon Public Employees Retirement Fund increased its position in shares of Alexandria Real Estate Equities by 7.5% in the third quarter. Oregon Public Employees Retirement Fund now owns 26,809 shares of the real estate investment trust’s stock valued at $2,916,000 after buying an additional 1,879 shares in the last quarter. Macquarie Group Ltd. increased its position in shares of Alexandria Real Estate Equities by 14.7% in the second quarter. Macquarie Group Ltd. now owns 394,993 shares of the real estate investment trust’s stock valued at $40,890,000 after buying an additional 50,512 shares in the last quarter. Finally, Northwestern Mutual Investment Management Company LLC increased its position in shares of Alexandria Real Estate Equities by 0.7% in the second quarter. Northwestern Mutual Investment Management Company LLC now owns 12,753 shares of the real estate investment trust’s stock valued at $1,320,000 after buying an additional 94 shares in the last quarter. Institutional investors own 98.49% of the company’s stock.

Institutional Ownership by Quarter for Alexandria Real Estate Equities (NYSE:ARE)

Alexandria Real Estate Equities Inc. (NYSE:ARE) traded up 0.19% during trading on Monday, hitting $112.17. The stock had a trading volume of 395,849 shares. Alexandria Real Estate Equities Inc. has a 52 week low of $70.69 and a 52 week high of $114.67. The stock’s market capitalization is $8.91 billion. The company has a 50-day moving average of $106.09 and a 200-day moving average of $105.04.

Alexandria Real Estate Equities (NYSE:ARE) last issued its quarterly earnings results on Tuesday, November 1st. The real estate investment trust reported $1.39 EPS for the quarter, beating the Zacks’ consensus estimate of $1.38 by $0.01. The company earned $230.38 million during the quarter, compared to the consensus estimate of $165.66 million. Alexandria Real Estate Equities had a negative return on equity of 1.37% and a negative net margin of 6.05%. Alexandria Real Estate Equities’s revenue was up 5.4% on a year-over-year basis. During the same period last year, the business posted $1.33 earnings per share. On average, equities analysts expect that Alexandria Real Estate Equities Inc. will post $5.52 earnings per share for the current fiscal year.

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Several analysts recently issued reports on the company. Zacks Investment Research downgraded Alexandria Real Estate Equities from a “buy” rating to a “hold” rating in a research note on Tuesday, November 22nd. BTIG Research assumed coverage on Alexandria Real Estate Equities in a research note on Thursday, August 25th. They issued a “buy” rating and a $124.00 price target for the company. Barclays PLC boosted their price target on Alexandria Real Estate Equities from $113.00 to $121.00 and gave the company an “overweight” rating in a research note on Tuesday, August 23rd. JPMorgan Chase & Co. boosted their price target on Alexandria Real Estate Equities from $104.00 to $111.00 and gave the company an “overweight” rating in a research note on Tuesday, August 16th. Finally, RBC Capital Markets restated an “outperform” rating and issued a $120.00 price target (up from $105.00) on shares of Alexandria Real Estate Equities in a research note on Thursday, August 4th. Five investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Alexandria Real Estate Equities currently has an average rating of “Buy” and an average target price of $117.00.

In other Alexandria Real Estate Equities news, CEO Joel S. Marcus sold 30,000 shares of the stock in a transaction on Thursday, November 3rd. The stock was sold at an average price of $103.58, for a total transaction of $3,107,400.00. Following the completion of the transaction, the chief executive officer now directly owns 673,124 shares of the company’s stock, valued at $69,722,183.92. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Daniel J. Ryan sold 7,500 shares of the stock in a transaction on Thursday, November 3rd. The shares were sold at an average price of $102.53, for a total value of $768,975.00. Following the transaction, the executive vice president now directly owns 84,700 shares of the company’s stock, valued at $8,684,291. The disclosure for this sale can be found here. Corporate insiders own 1.60% of the company’s stock.

Alexandria Real Estate Equities Company Profile

Alexandria Real Estate Equities, Inc is a real estate investment (REIT). The Company is engaged in the business of providing office/laboratory and technology office space for lease to the science and technology industries. It is focused on collaborative science and technology campuses. It develops urban cluster campuses and ecosystems.

5 Day Chart for NYSE:ARE

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