Marshall Wace LLP Purchases Shares of 31,400 Alexandria Real Estate Equities, Inc. (NYSE:ARE)

Marshall Wace LLP bought a new position in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 31,400 shares of the real estate investment trust's stock, valued at approximately $3,063,000.

Other large investors have also recently made changes to their positions in the company. EverSource Wealth Advisors LLC lifted its holdings in Alexandria Real Estate Equities by 57.7% during the 4th quarter. EverSource Wealth Advisors LLC now owns 298 shares of the real estate investment trust's stock valued at $29,000 after buying an additional 109 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new position in shares of Alexandria Real Estate Equities during the third quarter worth approximately $43,000. Spire Wealth Management raised its stake in shares of Alexandria Real Estate Equities by 72.5% during the fourth quarter. Spire Wealth Management now owns 595 shares of the real estate investment trust's stock valued at $58,000 after acquiring an additional 250 shares in the last quarter. Versant Capital Management Inc boosted its holdings in shares of Alexandria Real Estate Equities by 129.9% in the fourth quarter. Versant Capital Management Inc now owns 745 shares of the real estate investment trust's stock valued at $73,000 after purchasing an additional 421 shares during the period. Finally, Sherman Asset Management Inc. bought a new position in Alexandria Real Estate Equities in the fourth quarter worth approximately $75,000. 96.54% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on ARE shares. Jefferies Financial Group assumed coverage on Alexandria Real Estate Equities in a report on Monday, March 17th. They issued a "hold" rating and a $100.00 target price for the company. StockNews.com raised shares of Alexandria Real Estate Equities from a "sell" rating to a "hold" rating in a research note on Thursday, April 3rd. JMP Securities reissued a "market outperform" rating and set a $130.00 target price on shares of Alexandria Real Estate Equities in a research report on Wednesday. Finally, Wedbush reaffirmed a "neutral" rating and issued a $104.00 price target on shares of Alexandria Real Estate Equities in a research report on Wednesday, January 29th. Ten research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $118.60.

Alexandria Real Estate Equities Stock Up 1.6 %

NYSE ARE traded up $1.17 on Thursday, hitting $73.83. The stock had a trading volume of 411,926 shares, compared to its average volume of 1,197,340. The business's fifty day moving average price is $89.14 and its 200 day moving average price is $98.95. The stock has a market cap of $12.77 billion, a price-to-earnings ratio of 41.14, a price-to-earnings-growth ratio of 3.93 and a beta of 1.24. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.21 and a quick ratio of 0.21. Alexandria Real Estate Equities, Inc. has a 52-week low of $70.57 and a 52-week high of $130.14.

Alexandria Real Estate Equities (NYSE:ARE - Get Free Report) last announced its earnings results on Monday, April 28th. The real estate investment trust reported $2.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.28 by $0.02. The company had revenue of $758.16 million for the quarter, compared to analyst estimates of $755.64 million. Alexandria Real Estate Equities had a return on equity of 1.43% and a net margin of 10.36%. The firm's quarterly revenue was down 1.4% compared to the same quarter last year. During the same period in the prior year, the company posted $2.35 EPS. Equities research analysts anticipate that Alexandria Real Estate Equities, Inc. will post 9.32 earnings per share for the current year.

Alexandria Real Estate Equities Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were paid a $1.32 dividend. This represents a $5.28 dividend on an annualized basis and a yield of 7.15%. The ex-dividend date of this dividend was Monday, March 31st. Alexandria Real Estate Equities's dividend payout ratio (DPR) is presently 293.33%.

About Alexandria Real Estate Equities

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.