Alexandria Real Estate Equities, Inc. (NYSE:ARE) Stock Holdings Lessened by Motley Fool Asset Management LLC

Motley Fool Asset Management LLC lowered its stake in Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 2.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 32,168 shares of the real estate investment trust’s stock after selling 728 shares during the period. Motley Fool Asset Management LLC’s holdings in Alexandria Real Estate Equities were worth $4,078,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. State of New Jersey Common Pension Fund D grew its position in Alexandria Real Estate Equities by 2.1% during the 4th quarter. State of New Jersey Common Pension Fund D now owns 247,945 shares of the real estate investment trust’s stock worth $31,432,000 after purchasing an additional 5,000 shares in the last quarter. Supplemental Annuity Collective Trust of NJ purchased a new position in Alexandria Real Estate Equities during the 4th quarter worth approximately $203,000. Bailard Inc. purchased a new position in Alexandria Real Estate Equities during the 4th quarter worth approximately $236,000. Tokio Marine Asset Management Co. Ltd. grew its holdings in shares of Alexandria Real Estate Equities by 8.7% during the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 4,721 shares of the real estate investment trust’s stock valued at $598,000 after acquiring an additional 376 shares in the last quarter. Finally, Capital Advisors Ltd. LLC purchased a new position in shares of Alexandria Real Estate Equities during the 4th quarter valued at $25,000. Institutional investors own 96.54% of the company’s stock.

Alexandria Real Estate Equities Stock Down 2.0 %

NYSE:ARE traded down $2.37 during trading hours on Thursday, reaching $117.28. The company’s stock had a trading volume of 1,382,762 shares, compared to its average volume of 1,006,132. The company has a market cap of $20.51 billion, a price-to-earnings ratio of 109.61, a price-to-earnings-growth ratio of 2.73 and a beta of 1.05. Alexandria Real Estate Equities, Inc. has a one year low of $90.73 and a one year high of $135.45. The business’s 50-day moving average is $123.04 and its 200-day moving average is $117.00. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.30 and a quick ratio of 0.26.

Alexandria Real Estate Equities (NYSE:ARE) 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 firm had revenue of $757.22 million for the quarter, compared to analyst estimates of $740.16 million. Alexandria Real Estate Equities had a return on equity of 0.87% and a net margin of 6.65%. The firm’s revenue was up 13.0% on a year-over-year basis. During the same period in the prior year, the firm earned $2.14 EPS. Equities research analysts predict that Alexandria Real Estate Equities, Inc. will post 9.46 EPS for the current year.

Alexandria Real Estate Equities Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Thursday, March 28th were given a dividend of $1.27 per share. This represents a $5.08 dividend on an annualized basis and a yield of 4.33%. The ex-dividend date was Wednesday, March 27th. Alexandria Real Estate Equities’s dividend payout ratio is 474.77%.

Insiders Place Their Bets

In other Alexandria Real Estate Equities news, CEO Peter M. Moglia sold 3,200 shares of the business’s stock in a transaction on Friday, March 1st. The shares were sold at an average price of $122.90, for a total transaction of $393,280.00. Following the completion of the transaction, the chief executive officer now owns 249,683 shares of the company’s stock, valued at approximately $30,686,040.70. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other Alexandria Real Estate Equities news, Chairman Joel S. Marcus sold 7,500 shares of Alexandria Real Estate Equities stock in a transaction on Monday, February 26th. The shares were sold at an average price of $118.92, for a total transaction of $891,900.00. Following the sale, the chairman now owns 429,538 shares in the company, valued at $51,080,658.96. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Peter M. Moglia sold 3,200 shares of the firm’s stock in a transaction dated Friday, March 1st. The stock was sold at an average price of $122.90, for a total transaction of $393,280.00. Following the transaction, the chief executive officer now directly owns 249,683 shares of the company’s stock, valued at $30,686,040.70. The disclosure for this sale can be found here. Company insiders own 1.15% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on ARE shares. Mizuho boosted their price target on shares of Alexandria Real Estate Equities from $145.00 to $154.00 and gave the company a “buy” rating in a report on Wednesday, January 3rd. Evercore ISI lowered their price target on shares of Alexandria Real Estate Equities from $137.00 to $132.00 and set an “outperform” rating on the stock in a report on Thursday. JMP Securities restated a “market outperform” rating and set a $140.00 price target on shares of Alexandria Real Estate Equities in a report on Wednesday, January 31st. Wedbush restated an “outperform” rating and set a $140.00 price target on shares of Alexandria Real Estate Equities in a report on Wednesday. Finally, Deutsche Bank Aktiengesellschaft started coverage on shares of Alexandria Real Estate Equities in a report on Tuesday, January 30th. They issued a “buy” rating and a $140.00 price objective for the company. Two analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $136.75.

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.