Alexandria Real Estate Equities, Inc. (NYSE:ARE) insider Peter M. Moglia sold 1,750 shares of the business’s stock in a transaction that occurred on Monday, December 4th. The shares were sold at an average price of $130.00, for a total value of $227,500.00. Following the completion of the sale, the insider now directly owns 115,117 shares in the company, valued at approximately $14,965,210. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Alexandria Real Estate Equities, Inc. (NYSE:ARE) traded down $3.01 during trading on Wednesday, hitting $126.02. The stock had a trading volume of 1,278,500 shares, compared to its average volume of 726,986. Alexandria Real Estate Equities, Inc. has a 1-year low of $105.74 and a 1-year high of $130.46. The company has a quick ratio of 0.21, a current ratio of 0.21 and a debt-to-equity ratio of 0.83. The stock has a market capitalization of $12,060.00, a price-to-earnings ratio of 21.83, a P/E/G ratio of 3.68 and a beta of 0.84.

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

The business also recently disclosed a quarterly dividend, which will be paid on Monday, January 15th. Stockholders of record on Friday, December 29th will be given a dividend of $0.90 per share. The ex-dividend date is Thursday, December 28th. This represents a $3.60 dividend on an annualized basis and a dividend yield of 2.86%. This is a positive change from Alexandria Real Estate Equities’s previous quarterly dividend of $0.86. Alexandria Real Estate Equities’s dividend payout ratio is currently 390.91%.

Several institutional investors have recently bought and sold shares of ARE. Muzinich & Co. Inc. increased its position in shares of Alexandria Real Estate Equities by 30.4% during the second quarter. Muzinich & Co. Inc. now owns 943 shares of the real estate investment trust’s stock worth $114,000 after acquiring an additional 220 shares during the period. Capital Analysts LLC purchased a new stake in shares of Alexandria Real Estate Equities during the second quarter worth $125,000. First Personal Financial Services increased its position in shares of Alexandria Real Estate Equities by 7.9% during the second quarter. First Personal Financial Services now owns 1,112 shares of the real estate investment trust’s stock worth $134,000 after acquiring an additional 81 shares during the period. Spirit of America Management Corp NY purchased a new stake in shares of Alexandria Real Estate Equities during the third quarter worth $154,000. Finally, Fox Run Management L.L.C. purchased a new stake in shares of Alexandria Real Estate Equities during the third quarter worth $226,000.

A number of brokerages have issued reports on ARE. Bank of America raised Alexandria Real Estate Equities from a “neutral” rating to a “buy” rating and set a $133.00 target price on the stock in a research report on Monday. Zacks Investment Research raised Alexandria Real Estate Equities from a “sell” rating to a “hold” rating in a research report on Friday, November 3rd. Mizuho reissued a “buy” rating and issued a $140.00 target price on shares of Alexandria Real Estate Equities in a research report on Wednesday, November 1st. National Bank Financial lowered Alexandria Real Estate Equities from an “outperform” rating to a “sector perform” rating and cut their target price for the company from $20.00 to $18.00 in a research report on Monday, October 23rd. Finally, Royal Bank Of Canada reissued a “hold” rating on shares of Alexandria Real Estate Equities in a research report on Monday, October 23rd. Four equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $113.17.

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About Alexandria Real Estate Equities

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.

Insider Buying and Selling by Quarter for Alexandria Real Estate Equities (NYSE:ARE)

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