Kemper Corp Master Retirement Trust reduced its holdings in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 28.3% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,180 shares of the real estate investment trust’s stock after selling 1,650 shares during the quarter. Kemper Corp Master Retirement Trust’s holdings in Alexandria Real Estate Equities were worth $504,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in the company. Cubist Systematic Strategies LLC boosted its position in shares of Alexandria Real Estate Equities by 20.8% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 2,900 shares of the real estate investment trust’s stock worth $349,000 after acquiring an additional 500 shares in the last quarter. State Street Corp boosted its position in shares of Alexandria Real Estate Equities by 0.6% during the 2nd quarter. State Street Corp now owns 4,999,505 shares of the real estate investment trust’s stock worth $602,286,000 after acquiring an additional 30,229 shares in the last quarter. Gotham Asset Management LLC boosted its position in shares of Alexandria Real Estate Equities by 159.1% during the 2nd quarter. Gotham Asset Management LLC now owns 10,654 shares of the real estate investment trust’s stock worth $1,283,000 after acquiring an additional 6,542 shares in the last quarter. Cornerstone Capital Management Holdings LLC. boosted its position in shares of Alexandria Real Estate Equities by 7.9% during the 2nd quarter. Cornerstone Capital Management Holdings LLC. now owns 58,418 shares of the real estate investment trust’s stock worth $7,037,000 after acquiring an additional 4,272 shares in the last quarter. Finally, Janus Henderson Group PLC boosted its position in shares of Alexandria Real Estate Equities by 724.8% during the 2nd quarter. Janus Henderson Group PLC now owns 954,257 shares of the real estate investment trust’s stock worth $114,975,000 after acquiring an additional 838,568 shares in the last quarter.

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Several research firms have recently issued reports on ARE. Zacks Investment Research cut Alexandria Real Estate Equities from a “hold” rating to a “sell” rating in a research report on Tuesday, October 3rd. BidaskClub raised Alexandria Real Estate Equities from a “sell” rating to a “hold” rating in a research report on Wednesday, August 16th. Finally, Barclays PLC upped their price objective on Alexandria Real Estate Equities from $129.00 to $130.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 18th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $128.25.

Alexandria Real Estate Equities, Inc. (NYSE ARE) traded up 0.06% on Friday, hitting $120.45. The stock had a trading volume of 377,430 shares. The stock has a market cap of $11.28 billion, a P/E ratio of 271.90 and a beta of 0.87. The company’s 50-day moving average is $119.80 and its 200-day moving average is $117.82. Alexandria Real Estate Equities, Inc. has a one year low of $101.51 and a one year high of $123.89.

Alexandria Real Estate Equities (NYSE:ARE) last announced its earnings results on Monday, July 31st. The real estate investment trust reported $1.50 earnings per share for the quarter, meeting the consensus estimate of $1.50. The company had revenue of $273.10 million during the quarter, compared to the consensus estimate of $277.40 million. Alexandria Real Estate Equities had a return on equity of 3.11% and a net margin of 9.45%. The company’s revenue was up 20.8% on a year-over-year basis. During the same period last year, the firm earned $1.36 earnings per share. On average, analysts anticipate that Alexandria Real Estate Equities, Inc. will post $1.47 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, October 16th. Stockholders of record on Friday, September 29th will be paid a dividend of $0.86 per share. The ex-dividend date of this dividend is Thursday, September 28th. This represents a $3.44 annualized dividend and a dividend yield of 2.86%. Alexandria Real Estate Equities’s dividend payout ratio is presently 860.02%.

In related news, CEO Joel S. Marcus sold 13,893 shares of Alexandria Real Estate Equities stock in a transaction dated Friday, August 4th. The stock was sold at an average price of $121.22, for a total value of $1,684,109.46. Following the completion of the transaction, the chief executive officer now directly owns 705,829 shares in the company, valued at $85,560,591.38. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Thomas J. Andrews sold 5,000 shares of Alexandria Real Estate Equities stock in a transaction dated Tuesday, September 5th. The stock was sold at an average price of $120.58, for a total value of $602,900.00. Following the completion of the transaction, the executive vice president now owns 158,000 shares of the company’s stock, valued at $19,051,640. The disclosure for this sale can be found here. Insiders have sold 71,893 shares of company stock valued at $8,645,989 over the last 90 days. 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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