Alexandria Real Estate Equities Inc (ARE) Shares Bought by Ladenburg Thalmann Financial Services Inc.

Ladenburg Thalmann Financial Services Inc. boosted its position in Alexandria Real Estate Equities Inc (NYSE:ARE) by 198.9% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,016 shares of the real estate investment trust’s stock after purchasing an additional 2,007 shares during the quarter. Ladenburg Thalmann Financial Services Inc.’s holdings in Alexandria Real Estate Equities were worth $358,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in ARE. Highbridge Capital Management LLC raised its holdings in Alexandria Real Estate Equities by 92.7% in the 3rd quarter. Highbridge Capital Management LLC now owns 34,300 shares of the real estate investment trust’s stock valued at $4,081,000 after acquiring an additional 16,500 shares in the last quarter. Earnest Partners LLC raised its holdings in shares of Alexandria Real Estate Equities by 1.4% during the 3rd quarter. Earnest Partners LLC now owns 220,058 shares of the real estate investment trust’s stock worth $26,180,000 after buying an additional 2,940 shares in the last quarter. Janus Henderson Group PLC raised its holdings in shares of Alexandria Real Estate Equities by 7.6% during the 3rd quarter. Janus Henderson Group PLC now owns 1,026,805 shares of the real estate investment trust’s stock worth $122,141,000 after buying an additional 72,548 shares in the last quarter. Cornerstone Capital Management Holdings LLC. raised its holdings in shares of Alexandria Real Estate Equities by 3.4% during the 3rd quarter. Cornerstone Capital Management Holdings LLC. now owns 60,380 shares of the real estate investment trust’s stock worth $7,182,000 after buying an additional 1,962 shares in the last quarter. Finally, Chevy Chase Trust Holdings Inc. raised its holdings in shares of Alexandria Real Estate Equities by 4.0% during the 3rd quarter. Chevy Chase Trust Holdings Inc. now owns 82,457 shares of the real estate investment trust’s stock worth $9,810,000 after buying an additional 3,198 shares in the last quarter.

A number of research firms have recently commented on ARE. Canaccord Genuity reissued a “buy” rating and set a $20.37 price target on shares of Alexandria Real Estate Equities in a report on Monday, December 11th. Bank of America raised Alexandria Real Estate Equities from a “neutral” rating to a “buy” rating and set a $133.00 target price for the company in a report on Monday, December 4th. Zacks Investment Research raised Alexandria Real Estate Equities from a “sell” rating to a “hold” rating in a report on Friday, November 3rd. Mizuho reaffirmed a “buy” rating and issued a $140.00 target price on shares of Alexandria Real Estate Equities in a report on Wednesday, November 1st. Finally, National Bank Financial cut Alexandria Real Estate Equities from an “outperform” rating to a “sector perform” rating and lowered their target price for the stock from $20.00 to $18.00 in a report on Monday, October 23rd. Four investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Alexandria Real Estate Equities currently has a consensus rating of “Buy” and a consensus target price of $99.91.

In other news, CEO Joel S. Marcus sold 13,000 shares of the stock in a transaction that occurred on Thursday, November 30th. The stock was sold at an average price of $126.91, for a total value of $1,649,830.00. Following the completion of the sale, the chief executive officer now directly owns 651,436 shares of the company’s stock, valued at $82,673,742.76. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Thomas J. Andrews sold 5,000 shares of the stock in a transaction that occurred on Thursday, November 2nd. The stock was sold at an average price of $125.26, for a total value of $626,300.00. Following the completion of the sale, the executive vice president now directly owns 146,916 shares of the company’s stock, valued at $18,402,698.16. The disclosure for this sale can be found here. In the last quarter, insiders sold 62,250 shares of company stock worth $7,986,230. Corporate insiders own 1.51% of the company’s stock.

Shares of Alexandria Real Estate Equities Inc (NYSE:ARE) opened at $125.10 on Friday. Alexandria Real Estate Equities Inc has a 52-week low of $106.89 and a 52-week high of $134.37. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.21 and a current ratio of 0.21. The company has a market capitalization of $11,970.00, a PE ratio of 142.16 and a beta of 0.84.

Alexandria Real Estate Equities (NYSE:ARE) last announced its earnings results on Monday, October 30th. The real estate investment trust reported $0.55 EPS for the quarter, missing the consensus estimate of $1.51 by ($0.96). Alexandria Real Estate Equities had a net margin of 13.21% and a return on equity of 3.69%. The business had revenue of $285.60 million for the quarter, compared to the consensus estimate of $286.11 million. During the same quarter in the previous year, the company earned $1.39 EPS. The firm’s revenue for the quarter was up 24.0% on a year-over-year basis. research analysts forecast that Alexandria Real Estate Equities Inc will post 6.02 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Monday, January 15th. Shareholders of record on Friday, December 29th will be issued a $0.90 dividend. The ex-dividend date is Thursday, December 28th. This represents a $3.60 annualized dividend and a yield of 2.88%. This is a positive change from Alexandria Real Estate Equities’s previous quarterly dividend of $0.86. Alexandria Real Estate Equities’s dividend payout ratio is presently 409.09%.

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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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