Alexandria Real Estate Equities Inc (ARE) Stake Lessened by Neuburgh Advisers LLC

Neuburgh Advisers LLC reduced its stake in shares of Alexandria Real Estate Equities Inc (NYSE:ARE) by 7.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,820 shares of the real estate investment trust’s stock after selling 612 shares during the quarter. Neuburgh Advisers LLC’s holdings in Alexandria Real Estate Equities were worth $901,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of ARE. Citigroup Inc. boosted its stake in shares of Alexandria Real Estate Equities by 583.3% during the fourth quarter. Citigroup Inc. now owns 1,082,030 shares of the real estate investment trust’s stock valued at $124,693,000 after purchasing an additional 923,675 shares during the period. Resolution Capital Ltd boosted its stake in shares of Alexandria Real Estate Equities by 61.3% during the fourth quarter. Resolution Capital Ltd now owns 1,499,119 shares of the real estate investment trust’s stock valued at $172,758,000 after purchasing an additional 570,005 shares during the period. Bridgeway Capital Management Inc. purchased a new stake in shares of Alexandria Real Estate Equities during the third quarter valued at $59,184,000. Vanguard Group Inc boosted its stake in shares of Alexandria Real Estate Equities by 2.3% during the third quarter. Vanguard Group Inc now owns 16,605,056 shares of the real estate investment trust’s stock valued at $2,088,750,000 after purchasing an additional 377,569 shares during the period. Finally, Vanguard Group Inc. boosted its stake in shares of Alexandria Real Estate Equities by 2.3% during the third quarter. Vanguard Group Inc. now owns 16,605,056 shares of the real estate investment trust’s stock valued at $2,088,750,000 after purchasing an additional 377,569 shares during the period. 98.38% of the stock is owned by hedge funds and other institutional investors.

A number of analysts recently weighed in on ARE shares. Canaccord Genuity reaffirmed an “average” rating and issued a $24.00 price objective on shares of Alexandria Real Estate Equities in a research note on Tuesday, December 18th. ValuEngine raised shares of Alexandria Real Estate Equities from a “hold” rating to a “buy” rating in a research note on Thursday, December 6th. Zacks Investment Research raised shares of Alexandria Real Estate Equities from a “hold” rating to a “buy” rating and set a $139.00 price objective for the company in a research note on Monday, December 3rd. Citigroup raised shares of Alexandria Real Estate Equities from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $133.00 to $144.00 in a research note on Monday, December 3rd. Finally, CIBC reaffirmed a “buy” rating and issued a $23.00 price objective on shares of Alexandria Real Estate Equities in a research note on Tuesday, January 15th. Two research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $110.00.



NYSE:ARE opened at $141.86 on Friday. Alexandria Real Estate Equities Inc has a 1-year low of $109.04 and a 1-year high of $142.06. The stock has a market capitalization of $15.80 billion, a P/E ratio of 21.49, a price-to-earnings-growth ratio of 4.59 and a beta of 0.92. The company has a quick ratio of 0.29, a current ratio of 0.29 and a debt-to-equity ratio of 0.70.

Alexandria Real Estate Equities (NYSE:ARE) last released its quarterly earnings data on Monday, February 4th. The real estate investment trust reported ($0.30) earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.69 by ($1.99). Alexandria Real Estate Equities had a return on equity of 5.28% and a net margin of 28.57%. The business had revenue of $340.50 million during the quarter, compared to analysts’ expectations of $348.01 million. During the same period last year, the company earned $1.53 earnings per share. The firm’s revenue was up 14.0% compared to the same quarter last year. Analysts predict that Alexandria Real Estate Equities Inc will post 6.96 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Monday, April 15th. Shareholders of record on Friday, March 29th will be issued a $0.97 dividend. The ex-dividend date of this dividend is Thursday, March 28th. This represents a $3.88 dividend on an annualized basis and a yield of 2.74%. Alexandria Real Estate Equities’s dividend payout ratio is presently 58.79%.

In other Alexandria Real Estate Equities news, CIO Daniel J. Ryan sold 7,000 shares of the business’s stock in a transaction dated Friday, February 22nd. The shares were sold at an average price of $136.84, for a total value of $957,880.00. Following the completion of the transaction, the executive now directly owns 115,781 shares in the company, valued at $15,843,472.04. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Joel S. Marcus sold 10,000 shares of the business’s stock in a transaction dated Thursday, February 7th. The stock was sold at an average price of $130.01, for a total transaction of $1,300,100.00. Following the completion of the transaction, the insider now owns 557,312 shares of the company’s stock, valued at $72,456,133.12. The disclosure for this sale can be found here. Insiders sold 87,000 shares of company stock valued at $11,648,230 over the last quarter. 1.41% of the stock is currently owned by corporate insiders.

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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 $18.4 billion and an asset base in North America of 33.1 million square feet ("SF") as of December 31, 2018.

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

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