Susquehanna Fundamental Investments LLC Makes New Investment in Alexandria Real Estate Equities, Inc. (NYSE:ARE)

Susquehanna Fundamental Investments LLC bought a new position in Alexandria Real Estate Equities, Inc. (NYSE:ARE - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 109,894 shares of the real estate investment trust's stock, valued at approximately $10,720,000. Susquehanna Fundamental Investments LLC owned approximately 0.06% of Alexandria Real Estate Equities at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Norges Bank acquired a new position in Alexandria Real Estate Equities in the fourth quarter worth $1,605,426,000. JPMorgan Chase & Co. boosted its holdings in shares of Alexandria Real Estate Equities by 212.9% in the 4th quarter. JPMorgan Chase & Co. now owns 8,265,880 shares of the real estate investment trust's stock valued at $806,337,000 after buying an additional 5,624,163 shares during the period. Geode Capital Management LLC grew its position in shares of Alexandria Real Estate Equities by 2.4% during the 4th quarter. Geode Capital Management LLC now owns 4,135,591 shares of the real estate investment trust's stock valued at $402,450,000 after buying an additional 96,771 shares during the last quarter. Capital World Investors bought a new position in Alexandria Real Estate Equities in the fourth quarter worth about $326,959,000. Finally, Charles Schwab Investment Management Inc. boosted its stake in Alexandria Real Estate Equities by 0.6% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,466,187 shares of the real estate investment trust's stock valued at $240,577,000 after acquiring an additional 15,285 shares during the period. 96.54% of the stock is currently owned by institutional investors.

Alexandria Real Estate Equities Price Performance

ARE stock traded up $1.10 during trading hours on Friday, hitting $74.52. 559,150 shares of the stock traded hands, compared to its average volume of 1,201,406. The stock has a 50-day simple moving average of $88.66 and a 200 day simple moving average of $98.63. The company has a market cap of $12.89 billion, a P/E ratio of 41.41, a P/E/G ratio of 3.93 and a beta of 1.24. Alexandria Real Estate Equities, Inc. has a one year low of $70.57 and a one year high of $130.14. The company has a current ratio of 0.21, a quick ratio of 0.21 and a debt-to-equity ratio of 0.55.

Alexandria Real Estate Equities (NYSE:ARE - Get Free Report) last posted its quarterly earnings data on Monday, April 28th. The real estate investment trust reported $2.30 earnings per share for the quarter, beating 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 analyst estimates of $755.64 million. During the same quarter last year, the firm posted $2.35 EPS. The business's revenue for the quarter was down 1.4% on a year-over-year basis. Equities analysts forecast that Alexandria Real Estate Equities, Inc. will post 9.32 earnings per share for the current year.

Alexandria Real Estate Equities Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were given a $1.32 dividend. The ex-dividend date of this dividend was Monday, March 31st. This represents a $5.28 dividend on an annualized basis and a dividend yield of 7.09%. Alexandria Real Estate Equities's dividend payout ratio (DPR) is 293.33%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on ARE. JMP Securities reissued a "market outperform" rating and issued a $130.00 price target on shares of Alexandria Real Estate Equities in a report on Wednesday. StockNews.com upgraded Alexandria Real Estate Equities from a "sell" rating to a "hold" rating in a research note on Thursday, April 3rd. Jefferies Financial Group initiated 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 objective on the stock. Finally, Wedbush reiterated a "neutral" rating and set a $104.00 price objective on shares of Alexandria Real Estate Equities in a research report on Wednesday, January 29th. Ten investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $118.60.

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.