B. Metzler seel. Sohn & Co. AG Has $857,000 Stock Holdings in Alexandria Real Estate Equities, Inc. $ARE

Key Points

• B. Metzler seel. Sohn & Co. AG trimmed its holdings by 69.2%, selling 39,028 shares and leaving 17,377 shares worth about $857,000, while institutional investors still own roughly 96.54% of the stock.
• Alexandria reported Q-results with $2.16 EPS (beat by $0.01) but revenue was down 4.4% year-over-year and the company showed a negative net margin (-47.23%) and negative ROE, with analysts’ consensus at a “Hold” and an average price target of $63.67.
• The REIT pays a quarterly dividend of $0.72 (annualized $2.88, ~6.1% yield), and Chairman Joel Marcus bought 25,000 shares for about $1.35 million, increasing his stake despite mixed fundamentals.

B. Metzler seel. Sohn & Co. AG trimmed its holdings in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE - Free Report) by 69.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 17,377 shares of the real estate investment trust's stock after selling 39,028 shares during the period. B. Metzler seel. Sohn & Co. AG's holdings in Alexandria Real Estate Equities were worth $857,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Avalon Trust Co acquired a new position in shares of Alexandria Real Estate Equities during the 3rd quarter worth about $29,000. Cornerstone Planning Group LLC boosted its stake in shares of Alexandria Real Estate Equities by 5,916.7% during the 3rd quarter. Cornerstone Planning Group LLC now owns 361 shares of the real estate investment trust's stock worth $30,000 after buying an additional 355 shares during the last quarter. CYBER HORNET ETFs LLC acquired a new position in shares of Alexandria Real Estate Equities during the 2nd quarter worth about $30,000. BOKF NA boosted its stake in shares of Alexandria Real Estate Equities by 6,033.3% during the 3rd quarter. BOKF NA now owns 368 shares of the real estate investment trust's stock worth $31,000 after buying an additional 362 shares during the last quarter. Finally, MUFG Securities EMEA plc acquired a new position in shares of Alexandria Real Estate Equities during the 2nd quarter worth about $33,000. 96.54% of the stock is currently owned by institutional investors and hedge funds.

Alexandria Real Estate Equities Trading Up 0.0%

Shares of NYSE:ARE opened at $47.40 on Monday. Alexandria Real Estate Equities, Inc. has a 52-week low of $41.44 and a 52-week high of $88.24. The company has a market capitalization of $8.21 billion, a P/E ratio of -5.62, a price-to-earnings-growth ratio of 5.73 and a beta of 1.33. The company has a 50-day simple moving average of $48.84 and a 200 day simple moving average of $53.39. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.23 and a current ratio of 0.23.

Alexandria Real Estate Equities (NYSE:ARE - Get Free Report) last issued its earnings results on Monday, January 26th. The real estate investment trust reported $2.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.15 by $0.01. Alexandria Real Estate Equities had a negative net margin of 47.23% and a negative return on equity of 6.82%. The business had revenue of $754.41 million during the quarter, compared to the consensus estimate of $742.64 million. During the same period last year, the business posted $2.39 EPS. Alexandria Real Estate Equities's revenue was down 4.4% on a year-over-year basis. Sell-side analysts forecast that Alexandria Real Estate Equities, Inc. will post 6.41 earnings per share for the current year.

Alexandria Real Estate Equities Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were given a dividend of $0.72 per share. The ex-dividend date was Tuesday, March 31st. This represents a $2.88 annualized dividend and a yield of 6.1%. Alexandria Real Estate Equities's dividend payout ratio (DPR) is -34.12%.

Analysts Set New Price Targets

A number of research firms have recently commented on ARE. Evercore reduced their price objective on shares of Alexandria Real Estate Equities from $67.00 to $65.00 and set an "outperform" rating for the company in a research note on Monday, April 6th. BMO Capital Markets restated a "market perform" rating and set a $52.00 price objective (down from $65.00) on shares of Alexandria Real Estate Equities in a research note on Wednesday, March 25th. Royal Bank Of Canada reiterated a "sector perform" rating and issued a $60.00 target price on shares of Alexandria Real Estate Equities in a research note on Tuesday, February 10th. Jefferies Financial Group cut their target price on shares of Alexandria Real Estate Equities from $57.00 to $47.00 and set a "hold" rating for the company in a research note on Tuesday, April 14th. Finally, JPMorgan Chase & Co. cut their target price on shares of Alexandria Real Estate Equities from $63.00 to $57.00 and set a "neutral" rating for the company in a research note on Tuesday, March 10th. Three investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $63.67.

Insider Activity at Alexandria Real Estate Equities

In related news, Chairman Joel S. Marcus acquired 25,000 shares of the business's stock in a transaction on Thursday, February 12th. The stock was purchased at an average cost of $53.92 per share, for a total transaction of $1,348,000.00. Following the completion of the transaction, the chairman directly owned 562,724 shares of the company's stock, valued at approximately $30,342,078.08. The trade was a 4.65% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Hallie E. Kuhn sold 536 shares of the firm's stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of $48.20, for a total transaction of $25,835.20. Following the sale, the executive vice president owned 48,301 shares of the company's stock, valued at $2,328,108.20. This trade represents a 1.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 1.35% of the company's stock.

Alexandria Real Estate Equities Company Profile

Alexandria Real Estate Equities, Inc NYSE: ARE is a real estate investment trust specializing in the ownership, development and management of collaborative life science and technology campuses. The company's properties are designed to support research and innovation by providing specialized laboratory, office and manufacturing space tailored to biotechnology, pharmaceutical, academic and related industries.

Since its founding in 1994, Alexandria has cultivated a diversified portfolio of campuses across leading innovation clusters in North America and Europe.

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