Nomura Holdings Inc. Purchases New Holdings in Alexandria Real Estate Equities, Inc. (NYSE:ARE)

Nomura Holdings Inc. acquired a new stake in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 23,188 shares of the real estate investment trust's stock, valued at approximately $2,262,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. EverSource Wealth Advisors LLC grew its position in Alexandria Real Estate Equities by 57.7% during the fourth 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 during the period. Callan Capital LLC increased its position in Alexandria Real Estate Equities by 1.3% in the fourth quarter. Callan Capital LLC now owns 8,946 shares of the real estate investment trust's stock worth $873,000 after purchasing an additional 111 shares during the last quarter. Coldstream Capital Management Inc. raised its stake in Alexandria Real Estate Equities by 6.0% during the fourth quarter. Coldstream Capital Management Inc. now owns 2,119 shares of the real estate investment trust's stock valued at $207,000 after purchasing an additional 120 shares in the last quarter. Wedbush Securities Inc. raised its stake in Alexandria Real Estate Equities by 5.8% during the fourth 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 in the last quarter. Finally, M&T Bank Corp raised its stake in Alexandria Real Estate Equities by 0.7% during the fourth 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 in the last quarter. 96.54% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on ARE. StockNews.com upgraded shares of Alexandria Real Estate Equities from a "sell" rating to a "hold" rating in a report on Thursday, April 3rd. Jefferies Financial Group assumed coverage on shares of Alexandria Real Estate Equities in a research report on Monday, March 17th. They set a "hold" rating and a $100.00 price target for the company. Wedbush reaffirmed a "neutral" rating and issued a $104.00 price objective on shares of Alexandria Real Estate Equities in a research report on Wednesday, January 29th. Finally, JMP Securities reissued a "market outperform" rating and set a $130.00 price target on shares of Alexandria Real Estate Equities in a research report on Wednesday, April 30th. Ten equities 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.com, Alexandria Real Estate Equities currently has a consensus rating of "Hold" and an average price target of $118.60.

Alexandria Real Estate Equities Price Performance

Alexandria Real Estate Equities stock opened at $72.82 on Friday. Alexandria Real Estate Equities, Inc. has a 12 month low of $70.15 and a 12 month high of $130.14. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.21 and a quick ratio of 0.21. The business has a 50 day simple moving average of $82.45 and a 200-day simple moving average of $95.20. The stock has a market capitalization of $12.60 billion, a PE ratio of 40.46, a price-to-earnings-growth ratio of 3.93 and a beta of 1.27.

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

Alexandria Real Estate Equities Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were issued a $1.32 dividend. The ex-dividend date was Monday, March 31st. This represents a $5.28 dividend on an annualized basis and a dividend yield of 7.25%. Alexandria Real Estate Equities's dividend payout ratio (DPR) 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.

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