Gateway Investment Advisers LLC raised its stake in Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 0.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,647 shares of the real estate investment trust’s stock after buying an additional 23 shares during the period. Gateway Investment Advisers LLC’s holdings in Alexandria Real Estate Equities were worth $680,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the company. Perigon Wealth Management LLC increased its stake in shares of Alexandria Real Estate Equities by 395.0% in the first quarter. Perigon Wealth Management LLC now owns 990 shares of the real estate investment trust’s stock valued at $110,000 after buying an additional 790 shares during the period. First Personal Financial Services boosted its position in Alexandria Real Estate Equities by 28.6% in the first quarter. First Personal Financial Services now owns 1,031 shares of the real estate investment trust’s stock valued at $114,000 after buying an additional 229 shares in the last quarter. Ladenburg Thalmann Financial Services Inc. boosted its position in Alexandria Real Estate Equities by 4.1% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 1,040 shares of the real estate investment trust’s stock valued at $115,000 after buying an additional 41 shares in the last quarter. Invictus RG purchased a new position in Alexandria Real Estate Equities during the first quarter valued at $133,000. Finally, Victory Capital Management Inc. purchased a new position in Alexandria Real Estate Equities during the first quarter valued at $179,000.

Shares of Alexandria Real Estate Equities, Inc. (ARE) traded down 1.36% during trading on Friday, hitting $120.01. The stock had a trading volume of 565,851 shares. Alexandria Real Estate Equities, Inc. has a 52 week low of $101.51 and a 52 week high of $123.89. The company’s 50 day moving average price is $120.39 and its 200 day moving average price is $116.47. The company has a market capitalization of $11.24 billion, a price-to-earnings ratio of 270.90 and a beta of 0.86.

Alexandria Real Estate Equities (NYSE:ARE) last announced its quarterly earnings results on Monday, July 31st. The real estate investment trust reported $1.50 earnings per share for the quarter, hitting the consensus estimate of $1.50. Alexandria Real Estate Equities had a net margin of 9.45% and a return on equity of 3.11%. The firm had revenue of $273.10 million during the quarter, compared to analysts’ expectations of $277.40 million. During the same quarter in the prior year, the company earned $1.36 EPS. The company’s revenue was up 20.8% compared to the same quarter last year. Analysts predict that Alexandria Real Estate Equities, Inc. will post $1.46 earnings per share for the current year.

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Several research firms have recently weighed in on ARE. BidaskClub raised Alexandria Real Estate Equities from a “sell” rating to a “hold” rating in a research report on Wednesday. Zacks Investment Research cut Alexandria Real Estate Equities from a “buy” rating to a “hold” rating in a research report on Thursday, August 10th. Barclays PLC increased their price target on Alexandria Real Estate Equities from $129.00 to $130.00 and gave the company an “overweight” rating in a research report on Tuesday, July 18th. Finally, TheStreet raised Alexandria Real Estate Equities from a “c” rating to a “b-” rating in a research report on Monday, May 1st. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $124.50.

In related news, insider Peter M. Moglia sold 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, June 21st. The shares were sold at an average price of $119.27, for a total transaction of $238,540.00. Following the completion of the transaction, the insider now owns 85,867 shares in the company, valued at approximately $10,241,357.09. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director James H. Richardson sold 4,000 shares of the business’s stock in a transaction that occurred on Thursday, May 25th. The stock was sold at an average price of $117.89, for a total transaction of $471,560.00. Following the transaction, the director now owns 61,000 shares of the company’s stock, valued at approximately $7,191,290. The disclosure for this sale can be found here. Insiders sold a total of 48,893 shares of company stock valued at $5,888,629 in the last ninety days. 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 space for lease to the life science and technology industries. It focuses on collaborative life science and technology campuses. It develops urban cluster campuses and ecosystems.

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

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