Green Street Investors LLC increased its holdings in shares of Alexandria Real Estate Equities Inc (NYSE:ARE) by 173.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 63,000 shares of the real estate investment trust’s stock after purchasing an additional 40,000 shares during the period. Alexandria Real Estate Equities makes up 4.6% of Green Street Investors LLC’s portfolio, making the stock its 8th biggest position. Green Street Investors LLC’s holdings in Alexandria Real Estate Equities were worth $8,227,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Muzinich & Co. Inc. lifted its holdings in shares of Alexandria Real Estate Equities by 30.4% during the 2nd quarter. Muzinich & Co. Inc. now owns 943 shares of the real estate investment trust’s stock valued at $114,000 after purchasing an additional 220 shares in the last quarter. Spirit of America Management Corp NY bought a new position in shares of Alexandria Real Estate Equities during the 3rd quarter valued at about $154,000. V Wealth Management LLC bought a new position in shares of Alexandria Real Estate Equities during the 4th quarter valued at about $212,000. Fox Run Management L.L.C. bought a new position in shares of Alexandria Real Estate Equities during the 3rd quarter valued at about $226,000. Finally, California Capital Advisors Inc. bought a new position in shares of Alexandria Real Estate Equities during the 3rd quarter valued at about $232,000. Institutional investors and hedge funds own 95.99% of the company’s stock.

Several equities analysts have recently weighed in on ARE shares. Canaccord Genuity reiterated a “buy” rating and set a $20.37 price objective on shares of Alexandria Real Estate Equities in a report on Monday, December 11th. Bank of America upgraded Alexandria Real Estate Equities from a “neutral” rating to a “buy” rating and set a $133.00 price objective on the stock in a report on Monday, December 4th. Zacks Investment Research raised Alexandria Real Estate Equities from a “hold” rating to a “buy” rating and set a $140.00 target price on the stock in a research report on Tuesday, January 16th. 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. Finally, Royal Bank of Canada reissued a “hold” rating on shares of Alexandria Real Estate Equities in a research report on Monday, October 23rd. Three equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $101.05.

In other Alexandria Real Estate Equities news, EVP Thomas J. Andrews sold 5,000 shares of the business’s stock in a transaction that occurred on Thursday, November 2nd. The stock was sold at an average price of $125.26, for a total transaction of $626,300.00. Following the transaction, the executive vice president now owns 146,916 shares of the company’s stock, valued at approximately $18,402,698.16. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Joel S. Marcus sold 27,500 shares of the business’s stock in a transaction that occurred on Monday, December 4th. The stock was sold at an average price of $129.60, for a total value of $3,564,000.00. Following the transaction, the chief executive officer now directly owns 623,936 shares in the company, valued at approximately $80,862,105.60. The disclosure for this sale can be found here. In the last three months, insiders sold 62,250 shares of company stock worth $7,986,230. 1.51% of the stock is owned by insiders.

Shares of Alexandria Real Estate Equities Inc (NYSE ARE) traded up $1.37 during trading on Tuesday, reaching $127.32. The company had a trading volume of 738,600 shares, compared to its average volume of 995,143. Alexandria Real Estate Equities Inc has a 1-year low of $106.89 and a 1-year high of $134.37. The firm has a market cap of $13,612.46, a price-to-earnings ratio of 144.68, a PEG ratio of 2.83 and a beta of 0.84. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.21 and a current ratio of 0.21.

Alexandria Real Estate Equities (NYSE:ARE) last announced its earnings results on Monday, October 30th. The real estate investment trust reported $0.55 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate 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 during the quarter, compared to analyst estimates of $286.11 million. During the same period in the prior year, the business posted $1.39 EPS. The firm’s quarterly revenue was up 24.0% compared to the same quarter last year. analysts anticipate 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, January 15th. Investors of record on Friday, December 29th were given a $0.90 dividend. This represents a $3.60 dividend on an annualized basis and a yield of 2.83%. The ex-dividend date of this dividend was Thursday, December 28th. 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 (DPR) is currently 409.10%.

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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.

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

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