GSA Capital Partners LLP lifted its holdings in Alexandria Real Estate Equities Inc (NYSE:ARE) by 260.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,120 shares of the real estate investment trust’s stock after buying an additional 10,203 shares during the quarter. GSA Capital Partners LLP’s holdings in Alexandria Real Estate Equities were worth $1,782,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in ARE. Fort Washington Investment Advisors Inc. OH acquired a new position in shares of Alexandria Real Estate Equities during the first quarter worth about $550,000. Daiwa Securities Group Inc. lifted its stake in shares of Alexandria Real Estate Equities by 24.0% during the first quarter. Daiwa Securities Group Inc. now owns 20,278 shares of the real estate investment trust’s stock worth $2,533,000 after purchasing an additional 3,926 shares in the last quarter. Rhumbline Advisers lifted its stake in shares of Alexandria Real Estate Equities by 1.5% during the first quarter. Rhumbline Advisers now owns 196,569 shares of the real estate investment trust’s stock worth $24,550,000 after purchasing an additional 2,887 shares in the last quarter. American Assets Capital Advisers LLC lifted its stake in shares of Alexandria Real Estate Equities by 13.3% during the first quarter. American Assets Capital Advisers LLC now owns 153,500 shares of the real estate investment trust’s stock worth $19,170,000 after purchasing an additional 18,000 shares in the last quarter. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. lifted its stake in shares of Alexandria Real Estate Equities by 4.8% during the first quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 29,484 shares of the real estate investment trust’s stock worth $3,682,000 after purchasing an additional 1,342 shares in the last quarter. 98.98% of the stock is currently owned by hedge funds and other institutional investors.

In other Alexandria Real Estate Equities news, insider Joel S. Marcus sold 29,500 shares of the company’s stock in a transaction that occurred on Thursday, August 2nd. The stock was sold at an average price of $126.87, for a total transaction of $3,742,665.00. Following the sale, the insider now owns 582,255 shares in the company, valued at $73,870,691.85. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, insider Dean A. Shigenaga sold 9,000 shares of the company’s stock in a transaction that occurred on Monday, August 20th. The shares were sold at an average price of $129.59, for a total value of $1,166,310.00. Following the sale, the insider now owns 148,645 shares in the company, valued at approximately $19,262,905.55. The disclosure for this sale can be found here. In the last quarter, insiders sold 59,250 shares of company stock worth $7,560,483. Insiders own 1.41% of the company’s stock.

Several research analysts recently commented on the company. ValuEngine cut Alexandria Real Estate Equities from a “buy” rating to a “hold” rating in a research note on Wednesday, May 16th. Citigroup boosted their price target on Alexandria Real Estate Equities from $127.00 to $133.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 8th. Barclays boosted their price target on Alexandria Real Estate Equities from $132.00 to $133.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 17th. Finally, JPMorgan Chase & Co. boosted their price target on Alexandria Real Estate Equities from $130.00 to $131.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 22nd. Three research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Alexandria Real Estate Equities presently has an average rating of “Buy” and a consensus target price of $108.93.

NYSE:ARE opened at $128.35 on Wednesday. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.39 and a current ratio of 0.39. Alexandria Real Estate Equities Inc has a one year low of $114.00 and a one year high of $134.37. The stock has a market capitalization of $13.39 billion, a P/E ratio of 20.10, a price-to-earnings-growth ratio of 3.02 and a beta of 0.79.

Alexandria Real Estate Equities (NYSE:ARE) last released its quarterly earnings results on Monday, July 30th. The real estate investment trust reported $1.64 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.64. Alexandria Real Estate Equities had a return on equity of 4.36% and a net margin of 22.86%. The business had revenue of $325.00 million for the quarter, compared to analysts’ expectations of $331.27 million. During the same quarter in the previous year, the firm posted $1.50 earnings per share. The company’s revenue was up 19.0% compared to the same quarter last year. equities research analysts predict that Alexandria Real Estate Equities Inc will post 6.6 earnings per share for the current year.

Alexandria Real Estate Equities Profile

Alexandria Real Estate Equities, Inc (NYSE:ARE), an S&P 500 company, is an urban office real estate investment trust ("REIT") uniquely focused on collaborative life science and technology campuses in AAA innovation cluster locations, with a total market capitalization of $18.8 billion and an asset base in North America of 32.0 million SF as of June 30, 2018.

Read More: Leveraged Buyout (LBO) Explained

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

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