Investor s Fiduciary Advisor Network LLC Invests $464,000 in Alexandria Real Estate Equities, Inc. (NYSE:ARE)

Investor s Fiduciary Advisor Network LLC acquired a new position in Alexandria Real Estate Equities, Inc. (NYSE:ARE - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 4,761 shares of the real estate investment trust's stock, valued at approximately $464,000.

Other hedge funds also recently added to or reduced their stakes in the company. Jefferies Financial Group Inc. lifted its position in shares of Alexandria Real Estate Equities by 4.5% during the fourth quarter. Jefferies Financial Group Inc. now owns 5,380 shares of the real estate investment trust's stock valued at $525,000 after buying an additional 234 shares during the last quarter. Hudson Bay Capital Management LP purchased a new stake in shares of Alexandria Real Estate Equities during the fourth quarter valued at about $8,646,000. Focus Partners Wealth purchased a new stake in shares of Alexandria Real Estate Equities during the fourth quarter valued at about $237,000. Ensign Peak Advisors Inc lifted its position in shares of Alexandria Real Estate Equities by 11.0% during the fourth quarter. Ensign Peak Advisors Inc now owns 71,561 shares of the real estate investment trust's stock valued at $6,981,000 after buying an additional 7,078 shares during the last quarter. Finally, Colonial Trust Co SC lifted its position in shares of Alexandria Real Estate Equities by 514.3% during the fourth quarter. Colonial Trust Co SC now owns 301 shares of the real estate investment trust's stock valued at $29,000 after buying an additional 252 shares during the last quarter. 96.54% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have commented on ARE shares. JMP Securities reissued a "market outperform" rating and set a $130.00 price target on shares of Alexandria Real Estate Equities in a research report on Wednesday, April 30th. Jefferies Financial Group initiated coverage on shares of Alexandria Real Estate Equities in a report on Monday, March 17th. They set a "hold" rating and a $100.00 price objective on the stock. StockNews.com upgraded shares of Alexandria Real Estate Equities from a "sell" rating to a "hold" rating in a report on Thursday, April 3rd. Finally, Wedbush restated a "neutral" rating and set a $104.00 price objective on shares of Alexandria Real Estate Equities in a report on Wednesday, January 29th. Ten investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, Alexandria Real Estate Equities presently has a consensus rating of "Hold" and a consensus target price of $118.60.

Alexandria Real Estate Equities Stock Performance

NYSE:ARE traded up $1.26 during midday trading on Friday, hitting $72.82. The company's stock had a trading volume of 1,598,775 shares, compared to its average volume of 1,261,449. Alexandria Real Estate Equities, Inc. has a fifty-two week low of $70.15 and a fifty-two week high of $130.14. The firm's 50 day moving average is $82.45 and its 200-day moving average is $95.08. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.21 and a quick ratio of 0.21. The firm has a market cap of $12.60 billion, a P/E ratio of 40.46, a P/E/G ratio of 3.93 and a beta of 1.27.

Alexandria Real Estate Equities (NYSE:ARE - Get Free Report) last issued its quarterly earnings results on Monday, April 28th. The real estate investment trust reported $2.30 earnings per share for the quarter, topping the consensus estimate of $2.28 by $0.02. Alexandria Real Estate Equities had a net margin of 10.36% and a return on equity of 1.43%. The company had revenue of $758.16 million for the quarter, compared to the consensus estimate of $755.64 million. During the same quarter in the prior year, the company earned $2.35 EPS. Alexandria Real Estate Equities's quarterly revenue was down 1.4% on a year-over-year basis. Equities 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 firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were issued a $1.32 dividend. The ex-dividend date was Monday, March 31st. This represents a $5.28 annualized dividend and a yield of 7.25%. Alexandria Real Estate Equities's dividend payout ratio (DPR) is presently 694.74%.

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.