Alexandria Real Estate Equities, Inc. (NYSE:ARE) Holdings Cut by SG Americas Securities LLC

SG Americas Securities LLC cut its stake in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 89.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,412 shares of the real estate investment trust’s stock after selling 27,570 shares during the quarter. SG Americas Securities LLC’s holdings in Alexandria Real Estate Equities were worth $333,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in ARE. Pathway Financial Advisers LLC grew its stake in Alexandria Real Estate Equities by 11,449.8% during the 3rd quarter. Pathway Financial Advisers LLC now owns 1,423,630 shares of the real estate investment trust’s stock worth $169,056,000 after buying an additional 1,411,304 shares during the last quarter. National Bank of Canada FI grew its position in shares of Alexandria Real Estate Equities by 350.0% during the third quarter. National Bank of Canada FI now owns 341,357 shares of the real estate investment trust’s stock worth $40,536,000 after acquiring an additional 265,508 shares during the last quarter. Raymond James & Associates increased its holdings in shares of Alexandria Real Estate Equities by 501.1% in the 3rd quarter. Raymond James & Associates now owns 290,857 shares of the real estate investment trust’s stock worth $34,539,000 after acquiring an additional 242,466 shares during the period. BNP Paribas Financial Markets increased its holdings in shares of Alexandria Real Estate Equities by 114.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 435,416 shares of the real estate investment trust’s stock worth $51,706,000 after acquiring an additional 232,817 shares during the period. Finally, KBC Group NV lifted its position in Alexandria Real Estate Equities by 315.9% in the 3rd quarter. KBC Group NV now owns 169,350 shares of the real estate investment trust’s stock valued at $20,110,000 after purchasing an additional 128,634 shares during the last quarter. 96.54% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have commented on ARE. Robert W. Baird decreased their target price on shares of Alexandria Real Estate Equities from $137.00 to $130.00 and set an “outperform” rating for the company in a research report on Friday, November 8th. Wedbush reissued a “neutral” rating and issued a $104.00 price objective on shares of Alexandria Real Estate Equities in a report on Wednesday, January 29th. JMP Securities reaffirmed 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. StockNews.com lowered Alexandria Real Estate Equities from a “hold” rating to a “sell” rating in a research report on Wednesday, January 29th. Finally, Deutsche Bank Aktiengesellschaft lowered Alexandria Real Estate Equities from a “buy” rating to a “hold” rating and lowered their price target for the company from $135.00 to $112.00 in a report on Friday, November 15th. One research analyst has rated the stock with a sell rating, nine have given a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $121.30.

Alexandria Real Estate Equities Trading Down 0.0 %

Shares of Alexandria Real Estate Equities stock opened at $94.55 on Wednesday. The business has a fifty day simple moving average of $100.99 and a 200-day simple moving average of $110.98. Alexandria Real Estate Equities, Inc. has a fifty-two week low of $93.80 and a fifty-two week high of $130.14. The firm has a market cap of $16.37 billion, a price-to-earnings ratio of 52.53, a price-to-earnings-growth ratio of 3.69 and a beta of 1.16. 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 (NYSE:ARE) last issued its quarterly earnings results on Monday, January 27th. The real estate investment trust reported $2.39 earnings per share for the quarter, beating analysts’ consensus estimates of $0.91 by $1.48. Alexandria Real Estate Equities had a net margin of 10.36% and a return on equity of 1.43%. On average, equities analysts forecast that Alexandria Real Estate Equities, Inc. will post 9.34 EPS for the current fiscal year.

Alexandria Real Estate Equities declared that its board has initiated a stock buyback plan on Monday, December 9th that authorizes the company to repurchase $500.00 million in outstanding shares. This repurchase authorization authorizes the real estate investment trust to reacquire up to 2.7% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s board believes its shares are undervalued.

Alexandria Real Estate Equities Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were issued a dividend of $1.32 per share. This represents a $5.28 dividend on an annualized basis and a yield of 5.58%. This is a boost from Alexandria Real Estate Equities’s previous quarterly dividend of $1.30. The ex-dividend date of this dividend was Tuesday, December 31st. Alexandria Real Estate Equities’s dividend payout ratio (DPR) is presently 293.33%.

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.