Alexandria Real Estate Equities, Inc. (NYSE:ARE) Shares Acquired by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. raised its stake in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE - Free Report) by 59.6% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 161,141 shares of the real estate investment trust's stock after buying an additional 60,177 shares during the period. Robeco Institutional Asset Management B.V. owned about 0.09% of Alexandria Real Estate Equities worth $14,907,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of ARE. Steph & Co. raised its stake in shares of Alexandria Real Estate Equities by 304.4% during the 1st quarter. Steph & Co. now owns 2,952 shares of the real estate investment trust's stock worth $273,000 after buying an additional 2,222 shares during the period. Consolidated Portfolio Review Corp increased its holdings in shares of Alexandria Real Estate Equities by 27.4% in the first quarter. Consolidated Portfolio Review Corp now owns 5,465 shares of the real estate investment trust's stock valued at $506,000 after purchasing an additional 1,175 shares during the last quarter. Oppenheimer & Co. Inc. increased its stake in shares of Alexandria Real Estate Equities by 91.4% in the 1st quarter. Oppenheimer & Co. Inc. now owns 10,542 shares of the real estate investment trust's stock worth $975,000 after acquiring an additional 5,034 shares during the last quarter. Oppenheimer Asset Management Inc. raised its stake in Alexandria Real Estate Equities by 10.3% during the first quarter. Oppenheimer Asset Management Inc. now owns 20,605 shares of the real estate investment trust's stock worth $1,906,000 after purchasing an additional 1,919 shares during the period. Finally, Flagship Harbor Advisors LLC raised its position in shares of Alexandria Real Estate Equities by 14.0% during the 1st quarter. Flagship Harbor Advisors LLC now owns 6,778 shares of the real estate investment trust's stock valued at $627,000 after buying an additional 834 shares during the period. 96.54% of the stock is owned by institutional investors and hedge funds.

Alexandria Real Estate Equities Stock Up 2.2%

ARE stock traded up $1.64 during mid-day trading on Wednesday, reaching $76.13. The company had a trading volume of 1,099,743 shares, compared to its average volume of 1,368,243. The firm has a fifty day simple moving average of $72.30 and a 200 day simple moving average of $86.89. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.22 and a current ratio of 0.22. The company has a market capitalization of $13.17 billion, a price-to-earnings ratio of 100.05, a price-to-earnings-growth ratio of 6.12 and a beta of 1.25. Alexandria Real Estate Equities, Inc. has a fifty-two week low of $67.37 and a fifty-two week high of $130.14.

Alexandria Real Estate Equities (NYSE:ARE - Get Free Report) last released its earnings results on Monday, April 28th. The real estate investment trust reported $2.30 earnings per share for the quarter, topping analysts' consensus estimates of $2.28 by $0.02. Alexandria Real Estate Equities had a net margin of 4.62% and a return on equity of 0.64%. The firm had revenue of $758.16 million for the quarter, compared to analyst estimates of $755.64 million. During the same period in the prior year, the firm earned $2.35 earnings per share. The business's quarterly revenue was down 1.4% compared to the same quarter last year. Analysts forecast that Alexandria Real Estate Equities, Inc. will post 9.32 earnings per share for the current fiscal year.

Alexandria Real Estate Equities Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Monday, June 30th will be paid a dividend of $1.32 per share. The ex-dividend date of this dividend is Monday, June 30th. This represents a $5.28 dividend on an annualized basis and a dividend yield of 6.94%. Alexandria Real Estate Equities's payout ratio is currently 694.74%.

Analysts Set New Price Targets

A number of research analysts have commented on the stock. JPMorgan Chase & Co. decreased their target price on shares of Alexandria Real Estate Equities from $117.00 to $95.00 and set a "neutral" rating on the stock in a research report on Tuesday, May 20th. Wall Street Zen upgraded Alexandria Real Estate Equities from a "sell" rating to a "hold" rating in a report on Thursday, April 3rd. JMP Securities restated a "market outperform" rating and set a $130.00 target price on shares of Alexandria Real Estate Equities in a report on Wednesday, April 30th. Finally, Jefferies Financial Group began coverage on Alexandria Real Estate Equities in a research report on Monday, March 17th. They issued a "hold" rating and a $100.00 target price for the company. Ten research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $116.00.

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.