3,162 Shares in Alexandria Real Estate Equities, Inc. (ARE) Acquired by Skandinaviska Enskilda Banken AB publ

Skandinaviska Enskilda Banken AB publ purchased a new stake in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 3,162 shares of the real estate investment trust’s stock, valued at approximately $349,000.

Other large investors also recently made changes to their positions in the company. GSA Capital Partners LLP bought a new position in Alexandria Real Estate Equities during the fourth quarter valued at $510,000. Ladenburg Thalmann Financial Services Inc. boosted its position in Alexandria Real Estate Equities by 4.1% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 1,040 shares of the real estate investment trust’s stock valued at $115,000 after buying an additional 41 shares during the period. Quadrature Capital Ltd bought a new position in Alexandria Real Estate Equities during the fourth quarter valued at $1,265,000. UBS Asset Management Americas Inc. boosted its position in Alexandria Real Estate Equities by 20.5% in the fourth quarter. UBS Asset Management Americas Inc. now owns 269,804 shares of the real estate investment trust’s stock valued at $29,984,000 after buying an additional 45,855 shares during the period. Finally, USA Financial Portformulas Corp bought a new position in Alexandria Real Estate Equities during the fourth quarter valued at $403,000.

Shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) traded up 0.03% during mid-day trading on Tuesday, reaching $120.62. The company had a trading volume of 369,829 shares. The firm has a 50-day moving average price of $120.12 and a 200-day moving average price of $115.85. Alexandria Real Estate Equities, Inc. has a 1-year low of $101.51 and a 1-year high of $123.89. The stock has a market capitalization of $11.29 billion, a price-to-earnings ratio of 272.28 and a beta of 0.86.

Alexandria Real Estate Equities (NYSE:ARE) last posted its quarterly earnings data on Monday, July 31st. The real estate investment trust reported $1.50 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $1.50. Alexandria Real Estate Equities had a return on equity of 3.11% and a net margin of 9.45%. The company had revenue of $273.10 million during the quarter, compared to analysts’ expectations of $277.40 million. During the same quarter in the previous year, the business earned $1.36 EPS. Alexandria Real Estate Equities’s revenue was up 20.8% compared to the same quarter last year. Equities analysts expect that Alexandria Real Estate Equities, Inc. will post $1.45 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Monday, July 17th. Investors of record on Friday, June 30th were issued a dividend of $0.86 per share. The ex-dividend date was Wednesday, June 28th. This represents a $3.44 dividend on an annualized basis and a yield of 2.85%. This is a boost from Alexandria Real Estate Equities’s previous quarterly dividend of $0.83. Alexandria Real Estate Equities’s payout ratio is presently 860.02%.

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ARE has been the topic of several research analyst reports. TheStreet upgraded shares of Alexandria Real Estate Equities from a “c” rating to a “b-” rating in a research report on Monday, May 1st. BidaskClub upgraded shares of Alexandria Real Estate Equities from a “hold” rating to a “buy” rating in a research report on Thursday, June 22nd. Zacks Investment Research upgraded shares of Alexandria Real Estate Equities from a “hold” rating to a “buy” rating and set a $136.00 price objective on the stock in a research report on Tuesday, July 18th. Finally, Barclays PLC increased their price target on shares of Alexandria Real Estate Equities from $129.00 to $130.00 and gave the company an “overweight” rating in a research report on Tuesday, July 18th. Three analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Alexandria Real Estate Equities presently has a consensus rating of “Buy” and a consensus price target of $122.71.

In other Alexandria Real Estate Equities news, CEO Joel S. Marcus sold 13,893 shares of the company’s stock in a transaction on Friday, August 4th. The stock was sold at an average price of $121.22, for a total value of $1,684,109.46. Following the completion of the sale, the chief executive officer now directly owns 705,829 shares in the company, valued at approximately $85,560,591.38. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Peter M. Moglia sold 4,000 shares of the company’s stock in a transaction on Wednesday, June 14th. The stock was sold at an average price of $118.56, for a total value of $474,240.00. Following the completion of the sale, the insider now owns 91,867 shares of the company’s stock, valued at $10,891,751.52. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 33,393 shares of company stock valued at $3,987,774. 1.51% of the stock is owned by company insiders.

Alexandria Real Estate Equities Company Profile

Alexandria Real Estate Equities, Inc is a real estate investment (REIT). The Company is engaged in the business of providing space for lease to the life science and technology industries. It focuses on collaborative life science and technology campuses. It develops urban cluster campuses and ecosystems.

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

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