Susquehanna Fundamental Investments LLC Buys Shares of 109,894 Alexandria Real Estate Equities, Inc. (NYSE:ARE)

Susquehanna Fundamental Investments LLC bought a new position in Alexandria Real Estate Equities, Inc. (NYSE:ARE) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 109,894 shares of the real estate investment trust’s stock, valued at approximately $10,720,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ARE. Proficio Capital Partners LLC acquired a new stake in Alexandria Real Estate Equities during the 4th quarter worth $29,000. EverSource Wealth Advisors LLC increased its holdings in shares of Alexandria Real Estate Equities by 57.7% in the fourth quarter. EverSource Wealth Advisors LLC now owns 298 shares of the real estate investment trust’s stock worth $29,000 after acquiring an additional 109 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new stake in shares of Alexandria Real Estate Equities in the third quarter worth about $43,000. Spire Wealth Management raised its position in shares of Alexandria Real Estate Equities by 72.5% during the fourth quarter. Spire Wealth Management now owns 595 shares of the real estate investment trust’s stock worth $58,000 after purchasing an additional 250 shares during the period. Finally, Versant Capital Management Inc lifted its holdings in shares of Alexandria Real Estate Equities by 129.9% during the 4th quarter. Versant Capital Management Inc now owns 745 shares of the real estate investment trust’s stock valued at $73,000 after purchasing an additional 421 shares in the last quarter. 96.54% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on ARE. StockNews.com raised Alexandria Real Estate Equities from a “sell” rating to a “hold” rating in a research note on Thursday, April 3rd. Wedbush reissued a “neutral” rating and set a $104.00 price objective on shares of Alexandria Real Estate Equities in a research report on Wednesday, January 29th. Jefferies Financial Group initiated coverage on shares of Alexandria Real Estate Equities in a research report on Monday, March 17th. They issued a “hold” rating and a $100.00 price objective on the stock. Finally, JMP Securities reaffirmed a “market outperform” rating and issued a $130.00 target price on shares of Alexandria Real Estate Equities in a research note on Wednesday, January 29th. Ten analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $118.60.

Alexandria Real Estate Equities Stock Down 1.8 %

Alexandria Real Estate Equities stock opened at $75.86 on Friday. The company has a current ratio of 0.21, a quick ratio of 0.21 and a debt-to-equity ratio of 0.55. Alexandria Real Estate Equities, Inc. has a 1-year low of $71.57 and a 1-year high of $130.14. The company has a fifty day simple moving average of $90.42 and a 200 day simple moving average of $99.71. The company has a market cap of $13.12 billion, a P/E ratio of 42.14, a price-to-earnings-growth ratio of 3.93 and a beta of 1.24.

Alexandria Real Estate Equities (NYSE:ARE) last posted its quarterly earnings data on Monday, January 27th. The real estate investment trust reported $2.39 EPS for the quarter, topping analysts’ consensus estimates of $0.91 by $1.48. Alexandria Real Estate Equities had a net margin of 10.36% and a return on equity of 1.43%. Research analysts anticipate that Alexandria Real Estate Equities, Inc. will post 9.32 earnings per share for the current fiscal year.

Alexandria Real Estate Equities Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were given a dividend of $1.32 per share. This represents a $5.28 annualized dividend and a dividend yield of 6.96%. The ex-dividend date of this dividend was Monday, March 31st. Alexandria Real Estate Equities’s dividend payout ratio (DPR) is 293.33%.

Alexandria Real Estate Equities 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.