Alexandria Real Estate Equities, Inc. (NYSE:ARE) Shares Acquired by Telos Capital Management Inc.

Telos Capital Management Inc. increased its holdings in Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 31.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 11,104 shares of the real estate investment trust’s stock after acquiring an additional 2,625 shares during the quarter. Telos Capital Management Inc.’s holdings in Alexandria Real Estate Equities were worth $1,408,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of ARE. Resurgent Financial Advisors LLC bought a new stake in Alexandria Real Estate Equities in the fourth quarter valued at about $38,000. GPS Wealth Strategies Group LLC bought a new stake in Alexandria Real Estate Equities in the fourth quarter valued at about $36,000. Parkside Financial Bank & Trust increased its holdings in Alexandria Real Estate Equities by 61.7% in the third quarter. Parkside Financial Bank & Trust now owns 291 shares of the real estate investment trust’s stock valued at $29,000 after buying an additional 111 shares during the last quarter. Clear Street Markets LLC increased its holdings in Alexandria Real Estate Equities by 104.6% in the first quarter. Clear Street Markets LLC now owns 309 shares of the real estate investment trust’s stock valued at $39,000 after buying an additional 158 shares during the last quarter. Finally, Ronald Blue Trust Inc. increased its holdings in Alexandria Real Estate Equities by 142.5% in the third quarter. Ronald Blue Trust Inc. now owns 325 shares of the real estate investment trust’s stock valued at $33,000 after buying an additional 191 shares during the last quarter. Institutional investors and hedge funds own 96.54% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. StockNews.com raised Alexandria Real Estate Equities from a “sell” rating to a “hold” rating in a report on Thursday, March 21st. JMP Securities reissued a “market outperform” rating and issued a $140.00 price objective on shares of Alexandria Real Estate Equities in a report on Wednesday, January 31st. Wedbush reissued an “outperform” rating and issued a $140.00 price objective on shares of Alexandria Real Estate Equities in a report on Wednesday, January 31st. Mizuho increased their price objective on Alexandria Real Estate Equities from $145.00 to $154.00 and gave the stock a “buy” rating in a report on Wednesday, January 3rd. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on 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 equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $137.13.

Alexandria Real Estate Equities Stock Up 0.3 %

NYSE:ARE traded up $0.30 during trading hours on Wednesday, hitting $117.29. 291,612 shares of the stock traded hands, compared to its average volume of 993,313. The firm has a 50 day moving average price of $122.86 and a 200 day moving average price of $116.29. The company has a current ratio of 0.26, a quick ratio of 0.26 and a debt-to-equity ratio of 0.50. Alexandria Real Estate Equities, Inc. has a fifty-two week low of $90.73 and a fifty-two week high of $135.45. The firm has a market cap of $20.52 billion, a price-to-earnings ratio of 216.65, a PEG ratio of 2.72 and a beta of 1.05.

Alexandria Real Estate Equities (NYSE:ARE) last posted its quarterly 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). Alexandria Real Estate Equities had a return on equity of 0.46% and a net margin of 3.59%. The company had revenue of $757.22 million during the quarter, compared to analyst estimates of $740.16 million. During the same period last year, the company posted $2.14 earnings per share. The company’s revenue was up 13.0% compared to the same quarter last year. Equities research analysts anticipate that Alexandria Real Estate Equities, Inc. will post 9.47 earnings per share for the current year.

Alexandria Real Estate Equities Dividend Announcement

The firm 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 annualized dividend and a yield of 4.33%. The ex-dividend date was Wednesday, March 27th. Alexandria Real Estate Equities’s payout ratio is 940.76%.

Insiders Place Their Bets

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

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.