Alexandria Real Estate Equities, Inc. (NYSE:ARE) Shares Acquired by Commerzbank Aktiengesellschaft FI

Commerzbank Aktiengesellschaft FI increased its stake in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 40.7% in the 4th quarter, HoldingsChannel reports. The firm owned 27,741 shares of the real estate investment trust’s stock after purchasing an additional 8,025 shares during the period. Commerzbank Aktiengesellschaft FI’s holdings in Alexandria Real Estate Equities were worth $2,714,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of ARE. Catalyst Capital Advisors LLC acquired a new position in shares of Alexandria Real Estate Equities during the third quarter worth about $25,000. Ashton Thomas Securities LLC purchased a new position in Alexandria Real Estate Equities in the third quarter worth approximately $30,000. Venturi Wealth Management LLC grew its holdings in Alexandria Real Estate Equities by 144.0% during the 3rd quarter. Venturi Wealth Management LLC now owns 305 shares of the real estate investment trust’s stock worth $36,000 after acquiring an additional 180 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in shares of Alexandria Real Estate Equities in the 3rd quarter valued at approximately $43,000. Finally, Loomis Sayles & Co. L P increased its position in shares of Alexandria Real Estate Equities by 3,129.4% in the 3rd quarter. Loomis Sayles & Co. L P now owns 549 shares of the real estate investment trust’s stock valued at $65,000 after purchasing an additional 532 shares during the last quarter. Hedge funds and other institutional investors own 96.54% of the company’s stock.

Alexandria Real Estate Equities Price Performance

Shares of NYSE ARE opened at $101.39 on Tuesday. The stock has a market cap of $17.55 billion, a P/E ratio of 56.33, a P/E/G ratio of 3.93 and a beta of 1.16. Alexandria Real Estate Equities, Inc. has a twelve month low of $93.25 and a twelve month high of $130.14. The stock has a 50 day moving average of $97.94 and a two-hundred day moving average of $108.26. The company has a current ratio of 0.21, a quick ratio of 0.21 and a debt-to-equity ratio of 0.55.

Alexandria Real Estate Equities (NYSE:ARE) last released its quarterly earnings results on Monday, January 27th. The real estate investment trust reported $2.39 EPS for the quarter, beating the consensus estimate 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, research analysts forecast that Alexandria Real Estate Equities, Inc. will post 9.32 earnings per share for the current year.

Alexandria Real Estate Equities announced that its board has approved a stock buyback plan on Monday, December 9th that authorizes the company to buyback $500.00 million in shares. This buyback authorization authorizes the real estate investment trust to purchase up to 2.7% of its shares through open market purchases. Shares buyback plans are often an indication that the company’s leadership believes its shares are undervalued.

Alexandria Real Estate Equities Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be paid a dividend of $1.32 per share. This represents a $5.28 annualized dividend and a dividend yield of 5.21%. Alexandria Real Estate Equities’s dividend payout ratio (DPR) is 293.33%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft cut shares of Alexandria Real Estate Equities from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $135.00 to $112.00 in a research report on Friday, November 15th. JPMorgan Chase & Co. cut Alexandria Real Estate Equities from an “overweight” rating to a “neutral” rating and lowered their price objective for the stock from $133.00 to $121.00 in a research report on Wednesday, November 27th. JMP Securities reissued a “market outperform” rating and set a $130.00 target price on shares of Alexandria Real Estate Equities in a research report on Wednesday, January 29th. Royal Bank of Canada lowered their price target on Alexandria Real Estate Equities from $125.00 to $114.00 and set a “sector perform” rating for the company in a report on Tuesday, December 17th. Finally, StockNews.com raised shares of Alexandria Real Estate Equities from a “sell” rating to a “hold” rating in a report on Friday. Ten analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, Alexandria Real Estate Equities presently has an average rating of “Hold” and a consensus price target of $121.30.

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.