Universal Beteiligungs und Servicegesellschaft mbH Has $8.79 Million Position in Alexandria Real Estate Equities, Inc. (NYSE:ARE)

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH increased its stake in Alexandria Real Estate Equities by 7.7%, acquiring an additional 6,757 shares during the first quarter, bringing its total ownership to 94,997 shares valued at approximately $8.79 million.
• Alexandria Real Estate Equities reported $2.33 earnings per share in its recent quarterly earnings, exceeding analysts' expectations, although its quarterly revenue fell 0.6% compared to the previous year.
• The company declared a quarterly dividend of $1.32 per share, resulting in an annual yield of 6.41%, with its dividend payout ratio significantly high at -4,061.54%.

Universal Beteiligungs und Servicegesellschaft mbH lifted its position in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE - Free Report) by 7.7% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 94,997 shares of the real estate investment trust's stock after acquiring an additional 6,757 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.05% of Alexandria Real Estate Equities worth $8,788,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Y Intercept Hong Kong Ltd raised its position in shares of Alexandria Real Estate Equities by 25.3% during the first quarter. Y Intercept Hong Kong Ltd now owns 14,436 shares of the real estate investment trust's stock worth $1,335,000 after acquiring an additional 2,913 shares during the last quarter. Edgemoor Investment Advisors Inc. grew its stake in shares of Alexandria Real Estate Equities by 1.3% during the first quarter. Edgemoor Investment Advisors Inc. now owns 58,688 shares of the real estate investment trust's stock worth $5,429,000 after purchasing an additional 760 shares during the period. Allianz Asset Management GmbH grew its stake in shares of Alexandria Real Estate Equities by 91.8% during the first quarter. Allianz Asset Management GmbH now owns 189,366 shares of the real estate investment trust's stock worth $17,518,000 after purchasing an additional 90,624 shares during the period. Wealth Alliance LLC grew its stake in shares of Alexandria Real Estate Equities by 195.1% during the first quarter. Wealth Alliance LLC now owns 7,767 shares of the real estate investment trust's stock worth $719,000 after purchasing an additional 5,135 shares during the period. Finally, Teachers Retirement System of The State of Kentucky grew its stake in shares of Alexandria Real Estate Equities by 4.6% during the first quarter. Teachers Retirement System of The State of Kentucky now owns 12,003 shares of the real estate investment trust's stock worth $1,110,000 after purchasing an additional 525 shares during the period. Institutional investors own 96.54% of the company's stock.

Alexandria Real Estate Equities Stock Performance

Shares of Alexandria Real Estate Equities stock traded down $0.12 on Tuesday, hitting $79.00. The stock had a trading volume of 238,440 shares, compared to its average volume of 1,597,041. Alexandria Real Estate Equities, Inc. has a twelve month low of $67.37 and a twelve month high of $125.63. The business's 50 day moving average is $74.19 and its two-hundred day moving average is $84.19. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.61. The stock has a market cap of $13.66 billion, a price-to-earnings ratio of -607.94, a price-to-earnings-growth ratio of 6.93 and a beta of 1.25.

Alexandria Real Estate Equities (NYSE:ARE - Get Free Report) last posted its earnings results on Monday, July 21st. The real estate investment trust reported $2.33 EPS for the quarter, beating the consensus estimate of $2.29 by $0.04. Alexandria Real Estate Equities had a negative return on equity of 0.05% and a negative net margin of 0.33%. The company had revenue of $737.28 million for the quarter, compared to the consensus estimate of $748.02 million. During the same quarter in the prior year, the business earned $2.36 earnings per share. The firm's revenue for the quarter was down .6% on a year-over-year basis. Analysts forecast that Alexandria Real Estate Equities, Inc. will post 9.32 EPS for the current year.

Alexandria Real Estate Equities Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th were given a $1.32 dividend. This represents a $5.28 annualized dividend and a dividend yield of 6.68%. The ex-dividend date was Monday, June 30th. Alexandria Real Estate Equities's payout ratio is -4,061.54%.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on ARE shares. Citigroup decreased their price objective on Alexandria Real Estate Equities from $110.00 to $74.00 in a research note on Monday, June 2nd. BNP Paribas Exane decreased their price objective on Alexandria Real Estate Equities from $111.00 to $85.00 and set a "neutral" rating for the company in a research note on Tuesday, April 29th. Mizuho decreased their price objective on Alexandria Real Estate Equities from $121.00 to $91.00 in a research note on Thursday, June 12th. Baird R W decreased their target price on Alexandria Real Estate Equities from $129.00 to $102.00 in a research note on Thursday, June 12th. Finally, Jefferies Financial Group decreased their target price on Alexandria Real Estate Equities from $100.00 to $82.00 in a research note on Friday, April 11th. Eleven analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $99.54.

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.