Hahn Capital Management LLC Sells 26,511 Shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE)

Hahn Capital Management LLC cut its stake in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE - Free Report) by 25.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 78,592 shares of the real estate investment trust's stock after selling 26,511 shares during the quarter. Alexandria Real Estate Equities accounts for about 4.0% of Hahn Capital Management LLC's holdings, making the stock its 12th biggest holding. Hahn Capital Management LLC's holdings in Alexandria Real Estate Equities were worth $9,963,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Alexandria Real Estate Equities by 2.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,083 shares of the real estate investment trust's stock worth $449,000 after acquiring an additional 70 shares during the last quarter. Seaport Global Advisors LLC lifted its holdings in shares of Alexandria Real Estate Equities by 7.5% in the 4th quarter. Seaport Global Advisors LLC now owns 1,047 shares of the real estate investment trust's stock worth $153,000 after acquiring an additional 73 shares during the last quarter. Cetera Advisor Networks LLC increased its stake in shares of Alexandria Real Estate Equities by 7.3% in the first quarter. Cetera Advisor Networks LLC now owns 1,086 shares of the real estate investment trust's stock worth $219,000 after buying an additional 74 shares during the period. BOKF NA increased its stake in shares of Alexandria Real Estate Equities by 4.6% in the fourth quarter. BOKF NA now owns 1,758 shares of the real estate investment trust's stock worth $256,000 after buying an additional 77 shares during the period. Finally, Cetera Investment Advisers increased its stake in shares of Alexandria Real Estate Equities by 1.7% in the fourth quarter. Cetera Investment Advisers now owns 5,460 shares of the real estate investment trust's stock worth $795,000 after buying an additional 92 shares during the period. 96.54% of the stock is currently owned by institutional investors.

Alexandria Real Estate Equities Trading Down 1.2 %

Alexandria Real Estate Equities stock traded down $1.53 during mid-day trading on Tuesday, reaching $123.97. 722,175 shares of the company traded hands, compared to its average volume of 1,058,887. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.26 and a quick ratio of 0.26. The firm's 50 day moving average price is $122.52 and its 200 day moving average price is $114.85. The firm has a market capitalization of $21.69 billion, a price-to-earnings ratio of 229.58, a P/E/G ratio of 2.95 and a beta of 1.05. Alexandria Real Estate Equities, Inc. has a 52-week low of $90.73 and a 52-week high of $135.45.

Alexandria Real Estate Equities (NYSE:ARE - Get Free Report) last released its earnings results on Tuesday, January 30th. The real estate investment trust reported ($0.54) earnings per share for the quarter, missing analysts' consensus estimates of $2.29 by ($2.83). The business had revenue of $757.22 million during the quarter, compared to analysts' expectations of $740.16 million. Alexandria Real Estate Equities had a return on equity of 0.46% and a net margin of 3.59%. The firm's quarterly revenue was up 13.0% compared to the same quarter last year. During the same period in the prior year, the company earned $2.14 earnings per share. On average, analysts anticipate that Alexandria Real Estate Equities, Inc. will post 9.47 earnings per share for the current fiscal year.

Alexandria Real Estate Equities Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 15th. Stockholders of record on Thursday, March 28th will be given a $1.27 dividend. This represents a $5.08 dividend on an annualized basis and a dividend yield of 4.10%. The ex-dividend date is Wednesday, March 27th. Alexandria Real Estate Equities's dividend payout ratio is presently 940.76%.

Analysts Set New Price Targets

ARE has been the topic of several analyst reports. Mizuho lifted their target price on shares of Alexandria Real Estate Equities from $145.00 to $154.00 and gave the stock a "buy" rating in a research note on Wednesday, January 3rd. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Alexandria Real Estate Equities in a research note on Tuesday, January 30th. They issued a "buy" rating and a $140.00 target price on the stock. JMP Securities reaffirmed a "market outperform" rating and issued a $140.00 target price on shares of Alexandria Real Estate Equities in a research note on Wednesday, January 31st. Wedbush reaffirmed an "outperform" rating and issued a $140.00 target price on shares of Alexandria Real Estate Equities in a research note on Wednesday, January 31st. Finally, StockNews.com raised shares of Alexandria Real Estate Equities from a "sell" rating to a "hold" rating in a research report on Thursday, March 21st. Two investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $137.13.

Insider Transactions at Alexandria Real Estate Equities

In other news, CEO Peter M. Moglia sold 3,200 shares of the company's stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $122.90, for a total value of $393,280.00. Following the sale, the chief executive officer now directly owns 249,683 shares of the company's stock, valued at approximately $30,686,040.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, CEO Peter M. Moglia sold 3,200 shares of the company's stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $122.90, for a total value of $393,280.00. Following the transaction, the chief executive officer now owns 249,683 shares in the company, valued at approximately $30,686,040.70. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Chairman Joel S. Marcus sold 7,500 shares of the company's stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $118.92, for a total transaction of $891,900.00. Following the transaction, the chairman now owns 429,538 shares in the company, valued at approximately $51,080,658.96. The disclosure for this sale can be found here. Insiders own 0.96% of the company's stock.

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.

Want to see what other hedge funds are holding ARE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alexandria Real Estate Equities, Inc. (NYSE:ARE - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.