SG Americas Securities LLC Increases Stock Holdings in Alexandria Real Estate Equities Inc (NYSE:ARE)

SG Americas Securities LLC boosted its position in Alexandria Real Estate Equities Inc (NYSE:ARE) by 14.0% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 20,139 shares of the real estate investment trust’s stock after purchasing an additional 2,468 shares during the period. SG Americas Securities LLC’s holdings in Alexandria Real Estate Equities were worth $2,841,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Janney Montgomery Scott LLC boosted its position in Alexandria Real Estate Equities by 7.8% in the first quarter. Janney Montgomery Scott LLC now owns 10,874 shares of the real estate investment trust’s stock worth $1,550,000 after purchasing an additional 784 shares during the last quarter. TD Asset Management Inc. boosted its position in Alexandria Real Estate Equities by 8.3% in the first quarter. TD Asset Management Inc. now owns 33,672 shares of the real estate investment trust’s stock worth $4,800,000 after purchasing an additional 2,588 shares during the last quarter. DekaBank Deutsche Girozentrale lifted its position in shares of Alexandria Real Estate Equities by 6.5% during the 1st quarter. DekaBank Deutsche Girozentrale now owns 9,656 shares of the real estate investment trust’s stock valued at $1,297,000 after buying an additional 589 shares in the last quarter. Texas Permanent School Fund lifted its position in shares of Alexandria Real Estate Equities by 1.4% during the 1st quarter. Texas Permanent School Fund now owns 21,931 shares of the real estate investment trust’s stock valued at $3,126,000 after buying an additional 304 shares in the last quarter. Finally, First Trust Advisors LP lifted its position in shares of Alexandria Real Estate Equities by 249.9% during the 1st quarter. First Trust Advisors LP now owns 72,697 shares of the real estate investment trust’s stock valued at $10,364,000 after buying an additional 51,918 shares in the last quarter. 97.03% of the stock is currently owned by institutional investors and hedge funds.

ARE stock opened at $143.49 on Wednesday. Alexandria Real Estate Equities Inc has a twelve month low of $109.04 and a twelve month high of $153.51. The company has a current ratio of 0.21, a quick ratio of 0.21 and a debt-to-equity ratio of 0.76. The stock has a market cap of $16.48 billion, a PE ratio of 21.74, a P/E/G ratio of 4.37 and a beta of 0.74. The company’s 50-day moving average is $144.10.

Alexandria Real Estate Equities (NYSE:ARE) last posted its quarterly earnings results on Monday, July 29th. The real estate investment trust reported $0.68 EPS for the quarter, missing the Zacks’ consensus estimate of $1.72 by ($1.04). Alexandria Real Estate Equities had a return on equity of 5.00% and a net margin of 28.05%. The business had revenue of $373.90 million during the quarter, compared to analysts’ expectations of $366.81 million. During the same period in the prior year, the firm posted $1.64 earnings per share. The firm’s revenue for the quarter was up 15.0% on a year-over-year basis. As a group, equities analysts forecast that Alexandria Real Estate Equities Inc will post 6.98 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Monday, July 15th. Investors of record on Friday, June 28th were issued a $1.00 dividend. The ex-dividend date was Thursday, June 27th. This is a boost from Alexandria Real Estate Equities’s previous quarterly dividend of $0.97. This represents a $4.00 dividend on an annualized basis and a yield of 2.79%. Alexandria Real Estate Equities’s payout ratio is currently 60.61%.

In other Alexandria Real Estate Equities news, EVP Marc E. Binda sold 3,775 shares of Alexandria Real Estate Equities stock in a transaction that occurred on Thursday, August 8th. The stock was sold at an average price of $146.70, for a total value of $553,792.50. Following the sale, the executive vice president now owns 35,794 shares of the company’s stock, valued at approximately $5,250,979.80. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Chairman Joel S. Marcus sold 15,000 shares of Alexandria Real Estate Equities stock in a transaction that occurred on Thursday, August 8th. The stock was sold at an average price of $146.65, for a total value of $2,199,750.00. Following the completion of the sale, the chairman now directly owns 465,712 shares in the company, valued at approximately $68,296,664.80. The disclosure for this sale can be found here. Over the last three months, insiders sold 69,500 shares of company stock worth $10,093,978. 1.43% of the stock is owned by insiders.

ARE has been the topic of a number of analyst reports. JPMorgan Chase & Co. lifted their price objective on Alexandria Real Estate Equities from $140.00 to $147.00 and gave the company a “neutral” rating in a research report on Tuesday. Citigroup lifted their price objective on Alexandria Real Estate Equities from $157.00 to $162.00 and gave the company a “buy” rating in a research report on Tuesday, August 6th. ValuEngine cut Alexandria Real Estate Equities from a “buy” rating to a “hold” rating in a research report on Thursday, August 1st. GMP Securities reaffirmed an “average” rating and set a $26.00 price objective on shares of Alexandria Real Estate Equities in a research report on Thursday, August 1st. Finally, Zacks Investment Research raised Alexandria Real Estate Equities from a “sell” rating to a “hold” rating in a research report on Thursday, May 16th. Seven analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $105.67.

Alexandria Real Estate Equities Company Profile

Alexandria Real Estate Equities, Inc (NYSE:ARE), an S&P 500<sup>®</sup> company, is an urban office real estate investment trust ("REIT") uniquely focused on collaborative life science and technology campuses in AAA innovation cluster locations, with a total market capitalization of $21.8 billion and an asset base in North America of 33.7 million square feet ("SF") as of March 31, 2019.

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Institutional Ownership by Quarter for Alexandria Real Estate Equities (NYSE:ARE)

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