Alexandria Real Estate Equities, Inc. (NYSE:ARE) Shares Purchased by Signaturefd LLC

Signaturefd LLC boosted its holdings in Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 149.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 3,014 shares of the real estate investment trust’s stock after acquiring an additional 1,806 shares during the period. Signaturefd LLC’s holdings in Alexandria Real Estate Equities were worth $382,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in ARE. AE Wealth Management LLC acquired a new stake in Alexandria Real Estate Equities in the 3rd quarter valued at about $407,000. Exchange Traded Concepts LLC grew its stake in Alexandria Real Estate Equities by 5.0% in the 3rd quarter. Exchange Traded Concepts LLC now owns 2,138 shares of the real estate investment trust’s stock valued at $214,000 after acquiring an additional 102 shares during the last quarter. Czech National Bank grew its stake in Alexandria Real Estate Equities by 46.0% in the 3rd quarter. Czech National Bank now owns 27,217 shares of the real estate investment trust’s stock valued at $2,724,000 after acquiring an additional 8,579 shares during the last quarter. Handelsbanken Fonder AB grew its stake in Alexandria Real Estate Equities by 31.7% in the 3rd quarter. Handelsbanken Fonder AB now owns 46,964 shares of the real estate investment trust’s stock valued at $4,701,000 after acquiring an additional 11,297 shares during the last quarter. Finally, Kingswood Wealth Advisors LLC acquired a new stake in Alexandria Real Estate Equities in the 3rd quarter valued at about $297,000. 96.54% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Alexandria Real Estate Equities

In related news, CEO Peter M. Moglia sold 3,200 shares of the firm’s stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $122.90, for a total value of $393,280.00. Following the transaction, the chief executive officer now owns 249,683 shares in the company, valued at $30,686,040.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In related news, CEO Peter M. Moglia sold 3,200 shares of the firm’s stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $122.90, for a total value of $393,280.00. Following the transaction, the chief executive officer now owns 249,683 shares in the company, valued at $30,686,040.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Chairman Joel S. Marcus sold 7,500 shares of the firm’s stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $118.92, for a total transaction of $891,900.00. Following the completion of the transaction, the chairman now owns 429,538 shares in the company, valued at approximately $51,080,658.96. The disclosure for this sale can be found here. 1.15% of the stock is currently owned by insiders.

Alexandria Real Estate Equities Trading Down 2.0 %

Shares of ARE stock opened at $117.28 on Friday. The firm has a market cap of $20.51 billion, a P/E ratio of 109.61, a PEG ratio of 2.73 and a beta of 1.05. Alexandria Real Estate Equities, Inc. has a 1-year low of $90.73 and a 1-year high of $135.45. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.30 and a quick ratio of 0.26. The firm’s 50-day simple moving average is $123.04 and its 200-day simple moving average is $117.00.

Alexandria Real Estate Equities (NYSE:ARE) last announced its quarterly earnings data on Tuesday, January 30th. The real estate investment trust reported ($0.54) earnings per share for the quarter, missing the consensus estimate of $2.29 by ($2.83). The company had revenue of $757.22 million for the quarter, compared to analysts’ expectations of $740.16 million. Alexandria Real Estate Equities had a return on equity of 0.87% and a net margin of 6.65%. The company’s revenue was up 13.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.14 earnings per share. As a group, equities analysts forecast that Alexandria Real Estate Equities, Inc. will post 9.46 EPS for the current year.

Alexandria Real Estate Equities Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Thursday, March 28th were issued a dividend of $1.27 per share. The ex-dividend date was Wednesday, March 27th. This represents a $5.08 annualized dividend and a dividend yield of 4.33%. Alexandria Real Estate Equities’s payout ratio is currently 474.77%.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. JMP Securities reissued a “market outperform” rating and issued a $140.00 price objective on shares of Alexandria Real Estate Equities in a research note on Wednesday, January 31st. Evercore ISI reduced their target price on shares of Alexandria Real Estate Equities from $137.00 to $132.00 and set an “outperform” rating on the stock in a report on Thursday. Wedbush restated an “outperform” rating and issued a $140.00 target price on shares of Alexandria Real Estate Equities in a report on Wednesday. StockNews.com upgraded shares of Alexandria Real Estate Equities from a “sell” rating to a “hold” rating in a report on Thursday, March 21st. Finally, Deutsche Bank Aktiengesellschaft began coverage on shares of Alexandria Real Estate Equities in a report on Tuesday, January 30th. They issued a “buy” rating and a $140.00 target price on the stock. Two equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat, Alexandria Real Estate Equities currently has a consensus rating of “Moderate Buy” and a consensus target price of $136.75.

Alexandria Real Estate Equities Company Profile

Alexandria Real Estate Equities, Inc (NYSE: ARE), an S&P 500 company, is a best-in-class, mission-driven life science REIT making a positive and lasting impact on the world. As the pioneer of the life science real estate niche since our founding in 1994, Alexandria is the preeminent and longest-tenured owner, operator, and developer of collaborative life science, agtech, and advanced technology mega campuses in AAA innovation cluster locations, including Greater Boston, the San Francisco Bay Area, New York City, San Diego, Seattle, Maryland, and Research Triangle.