Universal Beteiligungs und Servicegesellschaft mbH Invests $8.61 Million in Alexandria Real Estate Equities, Inc. (NYSE:ARE)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 88,240 shares of the real estate investment trust's stock, valued at approximately $8,608,000. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.05% of Alexandria Real Estate Equities as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Bank of America Corp DE lifted its holdings in shares of Alexandria Real Estate Equities by 218.1% during the 4th quarter. Bank of America Corp DE now owns 1,164,554 shares of the real estate investment trust's stock valued at $113,602,000 after buying an additional 798,438 shares during the period. ProShare Advisors LLC lifted its holdings in Alexandria Real Estate Equities by 53.8% in the fourth quarter. ProShare Advisors LLC now owns 42,925 shares of the real estate investment trust's stock valued at $4,187,000 after acquiring an additional 15,012 shares during the period. Magnetar Financial LLC bought a new stake in shares of Alexandria Real Estate Equities during the 4th quarter valued at about $968,000. Hahn Capital Management LLC increased its position in shares of Alexandria Real Estate Equities by 50.4% during the 4th quarter. Hahn Capital Management LLC now owns 68,370 shares of the real estate investment trust's stock valued at $6,669,000 after purchasing an additional 22,926 shares during the last quarter. Finally, Cetera Investment Advisers boosted its holdings in shares of Alexandria Real Estate Equities by 35.0% in the fourth quarter. Cetera Investment Advisers now owns 25,980 shares of the real estate investment trust's stock worth $2,534,000 after buying an additional 6,741 shares during the last quarter. Institutional investors own 96.54% of the company's stock.

Alexandria Real Estate Equities Stock Up 0.6%

Shares of NYSE ARE traded up $0.39 during mid-day trading on Wednesday, reaching $70.69. 1,723,417 shares of the company were exchanged, compared to its average volume of 1,301,268. Alexandria Real Estate Equities, Inc. has a 1 year low of $67.37 and a 1 year high of $130.14. The firm has a 50-day moving average of $75.39 and a 200 day moving average of $91.51. The stock has a market cap of $12.23 billion, a price-to-earnings ratio of 39.27, a P/E/G ratio of 3.93 and a beta of 1.27. The company has a quick ratio of 0.21, a current ratio of 0.21 and a debt-to-equity ratio of 0.55.

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 the consensus estimate of $2.28 by $0.02. The business had revenue of $758.16 million during the quarter, compared to analyst estimates 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 period in the prior year, the firm posted $2.35 earnings per share. On average, research analysts expect that Alexandria Real Estate Equities, Inc. will post 9.32 earnings per share for the current year.

Alexandria Real Estate Equities Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th will be given a dividend of $1.32 per share. This represents a $5.28 dividend on an annualized basis and a dividend yield of 7.47%. The ex-dividend date is Monday, June 30th. Alexandria Real Estate Equities's payout ratio is presently 694.74%.

Wall Street Analysts Forecast Growth

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

Alexandria Real Estate Equities Company 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.