Alexandria Real Estate Equities, Inc. (NYSE:ARE) Stock Position Increased by GSA Capital Partners LLP

GSA Capital Partners LLP grew its position in Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 172.3% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 11,761 shares of the real estate investment trust’s stock after purchasing an additional 7,442 shares during the period. GSA Capital Partners LLP’s holdings in Alexandria Real Estate Equities were worth $1,088,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of ARE. Coldstream Capital Management Inc. increased its position in Alexandria Real Estate Equities by 6.0% in the 4th quarter. Coldstream Capital Management Inc. now owns 2,119 shares of the real estate investment trust’s stock valued at $207,000 after acquiring an additional 120 shares during the period. Wedbush Securities Inc. grew its stake in shares of Alexandria Real Estate Equities by 5.8% in the fourth quarter. Wedbush Securities Inc. now owns 2,300 shares of the real estate investment trust’s stock worth $224,000 after purchasing an additional 126 shares in the last quarter. Private Trust Co. NA increased its holdings in shares of Alexandria Real Estate Equities by 19.2% during the first quarter. Private Trust Co. NA now owns 925 shares of the real estate investment trust’s stock valued at $86,000 after purchasing an additional 149 shares during the period. Farther Finance Advisors LLC increased its holdings in shares of Alexandria Real Estate Equities by 16.4% during the first quarter. Farther Finance Advisors LLC now owns 1,084 shares of the real estate investment trust’s stock valued at $99,000 after purchasing an additional 153 shares during the period. Finally, Investor s Fiduciary Advisor Network LLC raised its stake in shares of Alexandria Real Estate Equities by 3.8% during the first quarter. Investor s Fiduciary Advisor Network LLC now owns 4,941 shares of the real estate investment trust’s stock valued at $457,000 after purchasing an additional 180 shares in the last quarter. Institutional investors own 96.54% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on ARE shares. BNP Paribas Exane lowered their target price on shares of Alexandria Real Estate Equities from $111.00 to $85.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 29th. Jefferies Financial Group dropped their price target on shares of Alexandria Real Estate Equities from $100.00 to $82.00 in a research report on Friday, April 11th. JPMorgan Chase & Co. lowered their price objective on shares of Alexandria Real Estate Equities from $117.00 to $95.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 20th. Royal Bank Of Canada dropped their target price on shares of Alexandria Real Estate Equities from $100.00 to $98.00 and set a “sector perform” rating on the stock in a report on Tuesday. Finally, Baird R W reduced their target price on shares of Alexandria Real Estate Equities from $129.00 to $102.00 in a report on Thursday, June 12th. Ten equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, Alexandria Real Estate Equities currently has a consensus rating of “Hold” and an average target price of $97.17.

Alexandria Real Estate Equities Price Performance

Shares of NYSE:ARE opened at $78.06 on Thursday. The company’s fifty day moving average is $74.53 and its two-hundred day moving average is $84.11. The company has a market cap of $13.50 billion, a P/E ratio of -600.46, a price-to-earnings-growth ratio of 6.69 and a beta of 1.25. Alexandria Real Estate Equities, Inc. has a 12-month low of $67.37 and a 12-month high of $125.63. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.61.

Alexandria Real Estate Equities (NYSE:ARE) last posted its quarterly earnings results on Monday, July 21st. The real estate investment trust reported $2.33 earnings per share for the quarter, beating the consensus estimate of $2.29 by $0.04. The firm had revenue of $737.28 million for the quarter, compared to analyst estimates of $748.02 million. Alexandria Real Estate Equities had a negative return on equity of 0.05% and a negative net margin of 0.33%. Alexandria Real Estate Equities’s quarterly revenue was down .6% on a year-over-year basis. During the same period in the previous year, the firm earned $2.36 earnings per share. Equities analysts expect 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, July 15th. Stockholders of record on Monday, June 30th were given a $1.32 dividend. This represents a $5.28 dividend on an annualized basis and a dividend yield of 6.76%. The ex-dividend date was Monday, June 30th. Alexandria Real Estate Equities’s dividend payout ratio (DPR) is -4,061.54%.

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.