Hsbc Holdings PLC Buys 141,483 Shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE)

Hsbc Holdings PLC boosted its stake in Alexandria Real Estate Equities, Inc. (NYSE:ARE - Free Report) by 14.9% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 1,090,049 shares of the real estate investment trust's stock after buying an additional 141,483 shares during the period. Hsbc Holdings PLC owned approximately 0.63% of Alexandria Real Estate Equities worth $106,288,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Fulton Bank N.A. boosted its stake in Alexandria Real Estate Equities by 77.7% in the 4th quarter. Fulton Bank N.A. now owns 16,165 shares of the real estate investment trust's stock valued at $1,577,000 after purchasing an additional 7,070 shares during the period. Magnetar Financial LLC bought a new stake in shares of Alexandria Real Estate Equities in the fourth quarter valued at about $968,000. Hahn Capital Management LLC grew its stake in shares of Alexandria Real Estate Equities by 50.4% in the fourth quarter. Hahn Capital Management LLC now owns 68,370 shares of the real estate investment trust's stock valued at $6,669,000 after acquiring an additional 22,926 shares in the last quarter. CCLA Investment Management increased its position in Alexandria Real Estate Equities by 4.0% during the fourth quarter. CCLA Investment Management now owns 841,435 shares of the real estate investment trust's stock worth $82,023,000 after acquiring an additional 32,367 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. raised its stake in Alexandria Real Estate Equities by 5.0% in the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 903,541 shares of the real estate investment trust's stock worth $88,140,000 after purchasing an additional 42,825 shares in the last quarter. 96.54% of the stock is owned by institutional investors.

Alexandria Real Estate Equities Price Performance

NYSE:ARE traded down $5.00 during trading hours on Tuesday, hitting $71.98. The company's stock had a trading volume of 1,274,692 shares, compared to its average volume of 1,184,367. 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 company has a market capitalization of $12.45 billion, a P/E ratio of 39.90, a PEG ratio of 3.93 and a beta of 1.24. Alexandria Real Estate Equities, Inc. has a twelve month low of $71.57 and a twelve month high of $130.14. The stock has a fifty day simple moving average of $90.06 and a 200-day simple moving average of $99.32.

Alexandria Real Estate Equities (NYSE:ARE - Get Free Report) last announced its quarterly earnings data on Monday, April 28th. The real estate investment trust reported $2.30 EPS for the quarter, topping the consensus estimate of $2.28 by $0.02. The company had revenue of $758.16 million during the quarter, compared to the consensus estimate of $755.64 million. Alexandria Real Estate Equities had a net margin of 10.36% and a return on equity of 1.43%. The company's quarterly revenue was down 1.4% on a year-over-year basis. During the same quarter last year, the firm posted $2.35 EPS. On average, analysts anticipate that Alexandria Real Estate Equities, Inc. will post 9.32 EPS for the current fiscal year.

Alexandria Real Estate Equities Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were issued a dividend of $1.32 per share. This represents a $5.28 dividend on an annualized basis and a dividend yield of 7.34%. The ex-dividend date of this dividend was Monday, March 31st. Alexandria Real Estate Equities's dividend payout ratio is currently 293.33%.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the stock. 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 target price on the stock. JMP Securities restated a "market outperform" rating and set a $130.00 price objective on shares of Alexandria Real Estate Equities in a research note on Wednesday, January 29th. StockNews.com upgraded Alexandria Real Estate Equities from a "sell" rating to a "hold" rating in a research report on Thursday, April 3rd. Finally, Wedbush restated a "neutral" rating and issued a $104.00 price target on shares of Alexandria Real Estate Equities in a research report on Wednesday, January 29th. Ten research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, Alexandria Real Estate Equities has an average rating of "Hold" and an average target price of $118.60.

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.