Stifel Financial Corp Has $10.35 Million Stake in Alexandria Real Estate Equities, Inc. (NYSE:ARE)

Stifel Financial Corp increased its holdings in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE - Free Report) by 30.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 106,068 shares of the real estate investment trust's stock after purchasing an additional 24,655 shares during the quarter. Stifel Financial Corp owned approximately 0.06% of Alexandria Real Estate Equities worth $10,347,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Proficio Capital Partners LLC purchased a new position in Alexandria Real Estate Equities in the fourth quarter worth $29,000. EverSource Wealth Advisors LLC raised its stake in Alexandria Real Estate Equities by 57.7% in the fourth quarter. EverSource Wealth Advisors LLC now owns 298 shares of the real estate investment trust's stock worth $29,000 after buying an additional 109 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of Alexandria Real Estate Equities during the third quarter valued at approximately $43,000. Spire Wealth Management grew its holdings 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 buying an additional 250 shares during the last quarter. Finally, Versant Capital Management Inc raised its stake in Alexandria Real Estate Equities by 129.9% during the 4th quarter. Versant Capital Management Inc now owns 745 shares of the real estate investment trust's stock valued at $73,000 after buying an additional 421 shares during the last quarter. 96.54% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

Alexandria Real Estate Equities Stock Performance

Shares of NYSE ARE traded up $1.02 during trading hours on Friday, reaching $74.44. The stock had a trading volume of 1,389,066 shares, compared to its average volume of 1,208,187. 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 company has a market cap of $12.88 billion, a price-to-earnings ratio of 41.36, a PEG ratio of 3.93 and a beta of 1.27. Alexandria Real Estate Equities, Inc. has a twelve month low of $70.57 and a twelve month high of $130.14. The business's fifty day moving average is $88.13 and its two-hundred day moving average is $98.14.

Alexandria Real Estate Equities (NYSE:ARE - Get Free Report) last issued its quarterly earnings results on Monday, April 28th. The real estate investment trust reported $2.30 EPS for the quarter, topping the consensus estimate of $2.28 by $0.02. Alexandria Real Estate Equities had a net margin of 10.36% and a return on equity of 1.43%. The company had revenue of $758.16 million during the quarter, compared to analysts' expectations of $755.64 million. During the same quarter in the previous year, the company earned $2.35 EPS. Alexandria Real Estate Equities's revenue was down 1.4% on a year-over-year basis. As a group, research analysts expect that Alexandria Real Estate Equities, Inc. will post 9.32 EPS for the current year.

Alexandria Real Estate Equities Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were issued a dividend of $1.32 per share. This represents a $5.28 dividend on an annualized basis and a yield of 7.09%. The ex-dividend date of this dividend was Monday, March 31st. Alexandria Real Estate Equities's payout ratio is currently 694.74%.

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.