Pensionfund DSM Netherlands Sells 4,000 Shares of Alexandria Real Estate Equities, Inc. (ARE)

Pensionfund DSM Netherlands decreased its position in Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 19.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 16,900 shares of the real estate investment trust’s stock after selling 4,000 shares during the quarter. Pensionfund DSM Netherlands’ holdings in Alexandria Real Estate Equities were worth $2,011,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Piedmont Investment Advisors LLC grew its holdings in Alexandria Real Estate Equities by 0.3% during the second quarter. Piedmont Investment Advisors LLC now owns 2,843 shares of the real estate investment trust’s stock worth $342,000 after purchasing an additional 8 shares during the period. Gateway Investment Advisers LLC grew its holdings in Alexandria Real Estate Equities by 0.4% during the second quarter. Gateway Investment Advisers LLC now owns 5,647 shares of the real estate investment trust’s stock worth $680,000 after purchasing an additional 23 shares during the period. Ameritas Investment Partners Inc. grew its holdings in Alexandria Real Estate Equities by 1.2% during the second quarter. Ameritas Investment Partners Inc. now owns 2,069 shares of the real estate investment trust’s stock worth $249,000 after purchasing an additional 25 shares during the period. Public Employees Retirement Association of Colorado grew its holdings in Alexandria Real Estate Equities by 0.3% during the second quarter. Public Employees Retirement Association of Colorado now owns 17,163 shares of the real estate investment trust’s stock worth $2,068,000 after purchasing an additional 47 shares during the period. Finally, First Personal Financial Services grew its holdings in Alexandria Real Estate Equities by 7.9% during the second quarter. First Personal Financial Services now owns 1,112 shares of the real estate investment trust’s stock worth $134,000 after purchasing an additional 81 shares during the period.

Shares of Alexandria Real Estate Equities, Inc. (NYSE ARE) traded up 0.75% during mid-day trading on Friday, hitting $122.64. 112,165 shares of the company traded hands. The firm’s 50 day moving average price is $120.66 and its 200-day moving average price is $118.96. Alexandria Real Estate Equities, Inc. has a 1-year low of $101.73 and a 1-year high of $124.49. The stock has a market capitalization of $11.48 billion, a PE ratio of 276.84 and a beta of 0.87.

Alexandria Real Estate Equities (NYSE:ARE) last issued its earnings results on Monday, July 31st. The real estate investment trust reported $1.50 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.50. Alexandria Real Estate Equities had a net margin of 9.45% and a return on equity of 3.11%. The company had revenue of $273.10 million for the quarter, compared to analysts’ expectations of $277.40 million. During the same period in the prior year, the business earned $1.36 EPS. The firm’s quarterly revenue was up 20.8% on a year-over-year basis. On average, equities research analysts forecast that Alexandria Real Estate Equities, Inc. will post $1.47 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Monday, October 16th. Shareholders of record on Friday, September 29th were issued a dividend of $0.86 per share. This represents a $3.44 annualized dividend and a yield of 2.83%. The ex-dividend date was Thursday, September 28th. Alexandria Real Estate Equities’s payout ratio is 860.02%.

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In other news, CEO Joel S. Marcus sold 13,893 shares of the firm’s stock in a transaction dated Friday, August 4th. The shares were sold at an average price of $121.22, for a total value of $1,684,109.46. Following the sale, the chief executive officer now directly owns 705,829 shares in the company, valued at approximately $85,560,591.38. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Joel S. Marcus sold 25,000 shares of the firm’s stock in a transaction dated Monday, September 25th. The shares were sold at an average price of $118.99, for a total transaction of $2,974,750.00. Following the completion of the sale, the chief executive officer now owns 664,436 shares in the company, valued at $79,061,239.64. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 71,893 shares of company stock worth $8,645,989. 1.60% of the stock is owned by company insiders.

A number of equities research analysts have recently weighed in on the stock. Zacks Investment Research downgraded shares of Alexandria Real Estate Equities from a “buy” rating to a “hold” rating in a research report on Wednesday, July 19th. Barclays PLC boosted their price objective 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. BidaskClub downgraded shares of Alexandria Real Estate Equities from a “buy” rating to a “hold” rating in a research report on Saturday, July 8th. National Bank Financial downgraded shares of Alexandria Real Estate Equities from an “outperform” rating to a “sector perform” rating and lowered their price objective for the company from $20.00 to $18.00 in a research report on Monday. Finally, Royal Bank Of Canada restated a “hold” rating on shares of Alexandria Real Estate Equities in a research report on Monday. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $106.20.

About Alexandria Real Estate Equities

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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