Alexandria Real Estate Equities, Inc. (NYSE:ARE) Shares Sold by Squarepoint Ops LLC

Squarepoint Ops LLC decreased its position in Alexandria Real Estate Equities, Inc. (NYSE:ARE - Free Report) by 84.0% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 16,359 shares of the real estate investment trust's stock after selling 85,663 shares during the period. Squarepoint Ops LLC's holdings in Alexandria Real Estate Equities were worth $1,596,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. EverSource Wealth Advisors LLC lifted its stake in Alexandria Real Estate Equities by 57.7% in the fourth quarter. EverSource Wealth Advisors LLC now owns 298 shares of the real estate investment trust's stock worth $29,000 after acquiring an additional 109 shares during the period. Callan Capital LLC increased its holdings in Alexandria Real Estate Equities by 1.3% in the 4th quarter. Callan Capital LLC now owns 8,946 shares of the real estate investment trust's stock worth $873,000 after buying an additional 111 shares in the last quarter. Coldstream Capital Management Inc. increased its holdings 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 worth $207,000 after buying an additional 120 shares in the last quarter. Wedbush Securities Inc. grew its stake in shares of Alexandria Real Estate Equities by 5.8% during the 4th quarter. Wedbush Securities Inc. now owns 2,300 shares of the real estate investment trust's stock valued at $224,000 after purchasing an additional 126 shares during the period. Finally, M&T Bank Corp grew its stake in shares of Alexandria Real Estate Equities by 0.7% during the 4th quarter. M&T Bank Corp now owns 19,478 shares of the real estate investment trust's stock valued at $1,901,000 after purchasing an additional 127 shares during the period. Institutional investors own 96.54% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the company. Jefferies Financial Group initiated coverage on Alexandria Real Estate Equities in a research report on Monday, March 17th. They set a "hold" rating and a $100.00 price objective on the stock. JMP Securities reaffirmed a "market outperform" rating and set a $130.00 price objective on shares of Alexandria Real Estate Equities in a report on Wednesday, April 30th. JPMorgan Chase & Co. cut their target price on 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. Finally, Wall Street Zen raised Alexandria Real Estate Equities from a "sell" rating to a "hold" rating in a research report on Thursday, April 3rd. Ten research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $116.00.

Alexandria Real Estate Equities Stock Up 0.9%

ARE stock traded up $0.66 during trading on Tuesday, reaching $70.26. 1,625,813 shares of the company traded hands, compared to its average volume of 1,297,926. Alexandria Real Estate Equities, Inc. has a 12 month low of $67.37 and a 12 month high of $130.14. The business has a 50 day simple moving average of $75.89 and a 200 day simple moving average of $91.66. The company has a market capitalization of $12.15 billion, a price-to-earnings ratio of 39.03, a price-to-earnings-growth ratio of 3.93 and a beta of 1.27. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.21 and a current ratio of 0.21.

Alexandria Real Estate Equities (NYSE:ARE - Get Free Report) last released its quarterly earnings results on Monday, April 28th. The real estate investment trust reported $2.30 EPS for the quarter, beating analysts' consensus estimates of $2.28 by $0.02. Alexandria Real Estate Equities had a return on equity of 1.43% and a net margin of 10.36%. The company had revenue of $758.16 million during the quarter, compared to analysts' expectations of $755.64 million. During the same period last year, the business posted $2.35 earnings per share. The firm's revenue was down 1.4% compared to the same quarter last year. On average, equities research analysts anticipate 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 disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th will be paid a $1.32 dividend. This represents a $5.28 annualized dividend and a dividend yield of 7.52%. The ex-dividend date of this dividend is Monday, June 30th. Alexandria Real Estate Equities's payout ratio is 694.74%.

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.