Van Lanschot Kempen Investment Management N.V. Reduces Stock Holdings in Alexandria Real Estate Equities, Inc. (NYSE:ARE)

Van Lanschot Kempen Investment Management N.V. cut its holdings in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE - Free Report) by 3.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 182,880 shares of the real estate investment trust's stock after selling 5,834 shares during the period. Van Lanschot Kempen Investment Management N.V. owned approximately 0.11% of Alexandria Real Estate Equities worth $17,840,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. TD Waterhouse Canada Inc. lifted its holdings in Alexandria Real Estate Equities by 6.8% in the fourth quarter. TD Waterhouse Canada Inc. now owns 150,687 shares of the real estate investment trust's stock valued at $14,689,000 after acquiring an additional 9,534 shares during the period. Lasalle Investment Management Securities LLC lifted its holdings in Alexandria Real Estate Equities by 33.8% in the fourth quarter. Lasalle Investment Management Securities LLC now owns 585,280 shares of the real estate investment trust's stock valued at $57,094,000 after acquiring an additional 147,936 shares during the period. MML Investors Services LLC lifted its holdings in Alexandria Real Estate Equities by 30.3% in the fourth quarter. MML Investors Services LLC now owns 26,173 shares of the real estate investment trust's stock valued at $2,553,000 after acquiring an additional 6,086 shares during the period. MetLife Investment Management LLC lifted its holdings in Alexandria Real Estate Equities by 1.2% in the fourth quarter. MetLife Investment Management LLC now owns 46,042 shares of the real estate investment trust's stock valued at $4,491,000 after acquiring an additional 532 shares during the period. Finally, Natixis lifted its holdings in Alexandria Real Estate Equities by 320.4% in the fourth quarter. Natixis now owns 66,270 shares of the real estate investment trust's stock valued at $6,465,000 after acquiring an additional 50,505 shares during the period. 96.54% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on ARE shares. Wedbush reaffirmed a "neutral" rating and issued a $104.00 price objective on shares of Alexandria Real Estate Equities in a research note on Wednesday, January 29th. StockNews.com raised 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 note on Wednesday, January 29th. Finally, Jefferies Financial Group began coverage on Alexandria Real Estate Equities in a research note on Monday, March 17th. They set a "hold" rating and a $100.00 target price on the stock. Ten analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $118.60.

Alexandria Real Estate Equities Price Performance

NYSE ARE traded down $1.40 during trading on Friday, hitting $75.86. 1,220,353 shares of the stock traded hands, compared to its average volume of 1,181,535. The company has a market capitalization of $13.12 billion, a P/E ratio of 42.14, a price-to-earnings-growth ratio of 3.93 and a beta of 1.24. The firm has a 50-day simple moving average of $90.42 and a 200-day simple moving average of $99.61. The company has a quick ratio of 0.21, a current ratio of 0.21 and a debt-to-equity ratio of 0.55. Alexandria Real Estate Equities, Inc. has a 12-month low of $71.57 and a 12-month high of $130.14.

Alexandria Real Estate Equities (NYSE:ARE - Get Free Report) last released its quarterly earnings results on Monday, January 27th. The real estate investment trust reported $2.39 earnings per share for the quarter, beating the consensus estimate of $0.91 by $1.48. Alexandria Real Estate Equities had a return on equity of 1.43% and a net margin of 10.36%. As a group, analysts predict that Alexandria Real Estate Equities, Inc. will post 9.32 EPS for the current year.

Alexandria Real Estate Equities Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were issued a dividend of $1.32 per share. This represents a $5.28 annualized dividend and a yield of 6.96%. The ex-dividend date was Monday, March 31st. Alexandria Real Estate Equities's dividend payout ratio 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.