BNP Paribas Arbitrage SA boosted its holdings in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 30.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 87,716 shares of the real estate investment trust’s stock after purchasing an additional 20,595 shares during the quarter. BNP Paribas Arbitrage SA owned approximately 0.09% of Alexandria Real Estate Equities worth $10,436,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of ARE. Vanguard Group Inc. boosted its position in Alexandria Real Estate Equities by 6.6% during the second quarter. Vanguard Group Inc. now owns 15,723,151 shares of the real estate investment trust’s stock worth $1,894,168,000 after purchasing an additional 970,646 shares in the last quarter. Cbre Clarion Securities LLC boosted its position in Alexandria Real Estate Equities by 67.5% during the second quarter. Cbre Clarion Securities LLC now owns 2,244,374 shares of the real estate investment trust’s stock worth $270,380,000 after purchasing an additional 904,575 shares in the last quarter. Janus Henderson Group PLC boosted its position in Alexandria Real Estate Equities by 724.8% during the second quarter. Janus Henderson Group PLC now owns 954,257 shares of the real estate investment trust’s stock worth $114,975,000 after purchasing an additional 838,568 shares in the last quarter. Bank of New York Mellon Corp boosted its position in Alexandria Real Estate Equities by 60.6% during the second quarter. Bank of New York Mellon Corp now owns 2,147,368 shares of the real estate investment trust’s stock worth $258,693,000 after purchasing an additional 810,466 shares in the last quarter. Finally, Westfield Capital Management Co. LP purchased a new position in Alexandria Real Estate Equities during the second quarter worth approximately $83,357,000.

A number of equities analysts have issued reports on the company. BidaskClub upgraded Alexandria Real Estate Equities from a “sell” rating to a “hold” rating in a research report on Wednesday, August 16th. Zacks Investment Research upgraded Alexandria Real Estate Equities from a “hold” rating to a “buy” rating and set a $135.00 price target on the stock in a research report on Wednesday, August 9th. Barclays PLC increased their price target 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. Royal Bank Of Canada reiterated a “hold” rating on shares of Alexandria Real Estate Equities in a research report on Monday, October 23rd. Finally, National Bank Financial downgraded Alexandria Real Estate Equities from an “outperform” rating to a “sector perform” rating and lowered their price target for the stock from $20.00 to $18.00 in a research report on Monday, October 23rd. Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Alexandria Real Estate Equities has an average rating of “Hold” and an average price target of $113.17.

In other Alexandria Real Estate Equities news, CEO Joel S. Marcus sold 25,000 shares of the stock in a transaction that occurred on Monday, September 25th. The stock was sold at an average price of $118.99, for a total transaction of $2,974,750.00. Following the completion of the transaction, the chief executive officer now owns 664,436 shares of the company’s stock, valued at $79,061,239.64. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Thomas J. Andrews sold 5,000 shares of the stock in a transaction that occurred on Thursday, November 2nd. The shares were sold at an average price of $125.26, for a total value of $626,300.00. Following the completion of the sale, the executive vice president now directly owns 146,916 shares of the company’s stock, valued at approximately $18,402,698.16. The disclosure for this sale can be found here. Insiders have sold 40,000 shares of company stock valued at $4,806,000 in the last three months. Insiders own 1.51% of the company’s stock.

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Shares of Alexandria Real Estate Equities, Inc. (ARE) traded down $0.33 during trading on Wednesday, hitting $126.28. The company’s stock had a trading volume of 499,100 shares, compared to its average volume of 728,558. Alexandria Real Estate Equities, Inc. has a fifty-two week low of $104.87 and a fifty-two week high of $127.15. The firm has a market capitalization of $12,118.83, a PE ratio of 21.42, a P/E/G ratio of 3.49 and a beta of 0.85. The company has a quick ratio of 0.21, a current ratio of 0.21 and a debt-to-equity ratio of 0.83.

Alexandria Real Estate Equities (NYSE:ARE) last announced its earnings results on Monday, October 30th. The real estate investment trust reported $0.55 EPS for the quarter, missing analysts’ consensus estimates of $1.51 by ($0.96). Alexandria Real Estate Equities had a net margin of 13.21% and a return on equity of 3.69%. The firm had revenue of $285.60 million for the quarter, compared to analyst estimates of $286.11 million. During the same period in the previous year, the company earned $1.39 EPS. Alexandria Real Estate Equities’s revenue was up 24.0% compared to the same quarter last year. equities analysts forecast that Alexandria Real Estate Equities, Inc. will post 6.02 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Monday, October 16th. Shareholders of record on Friday, September 29th were issued a dividend of $0.86 per share. The ex-dividend date was Thursday, September 28th. This represents a $3.44 dividend on an annualized basis and a dividend yield of 2.72%. Alexandria Real Estate Equities’s payout ratio is currently 390.91%.

Alexandria Real Estate Equities 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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