10,315 Shares in Alexandria Real Estate Equities, Inc. (NYSE:ARE) Acquired by Opinicus Capital Inc.

Opinicus Capital Inc. purchased a new stake in Alexandria Real Estate Equities, Inc. (NYSE:ARE) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 10,315 shares of the real estate investment trust’s stock, valued at approximately $1,308,000. Alexandria Real Estate Equities accounts for about 1.3% of Opinicus Capital Inc.’s investment portfolio, making the stock its 17th largest holding.

Other large investors have also recently bought and sold shares of the company. Parkside Financial Bank & Trust lifted its holdings in shares of Alexandria Real Estate Equities by 29.2% during the 4th quarter. Parkside Financial Bank & Trust now owns 376 shares of the real estate investment trust’s stock worth $48,000 after acquiring an additional 85 shares during the last quarter. Exchange Traded Concepts LLC lifted its holdings in shares of Alexandria Real Estate Equities by 5.0% during the 3rd quarter. Exchange Traded Concepts LLC now owns 2,138 shares of the real estate investment trust’s stock worth $214,000 after acquiring an additional 102 shares during the last quarter. Addison Advisors LLC lifted its holdings in shares of Alexandria Real Estate Equities by 32.9% during the 3rd quarter. Addison Advisors LLC now owns 465 shares of the real estate investment trust’s stock worth $47,000 after acquiring an additional 115 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd lifted its holdings in shares of Alexandria Real Estate Equities by 0.3% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 46,119 shares of the real estate investment trust’s stock worth $4,617,000 after acquiring an additional 123 shares during the last quarter. Finally, Callan Capital LLC lifted its holdings in shares of Alexandria Real Estate Equities by 1.5% during the 3rd quarter. Callan Capital LLC now owns 9,235 shares of the real estate investment trust’s stock worth $924,000 after acquiring an additional 138 shares during the last quarter. 96.54% of the stock is owned by institutional investors.

Insider Activity

In other news, Chairman Joel S. Marcus sold 7,500 shares of Alexandria Real Estate Equities stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $118.92, for a total transaction of $891,900.00. Following the sale, the chairman now owns 429,538 shares of the company’s stock, valued at approximately $51,080,658.96. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, CEO Peter M. Moglia sold 3,200 shares of Alexandria Real Estate Equities stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $122.90, for a total transaction of $393,280.00. Following the sale, the chief executive officer now owns 249,683 shares of the company’s stock, valued at approximately $30,686,040.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Chairman Joel S. Marcus sold 7,500 shares of the business’s stock in a transaction dated Monday, February 26th. The stock was sold at an average price of $118.92, for a total transaction of $891,900.00. Following the sale, the chairman now directly owns 429,538 shares in the company, valued at approximately $51,080,658.96. The disclosure for this sale can be found here. Insiders own 1.15% of the company’s stock.

Alexandria Real Estate Equities Trading Down 0.9 %

Shares of ARE stock traded down $1.06 during mid-day trading on Friday, reaching $116.24. The stock had a trading volume of 888,255 shares, compared to its average volume of 756,042. The stock’s 50-day moving average price is $122.98 and its two-hundred day moving average price is $117.10. Alexandria Real Estate Equities, Inc. has a 52-week low of $90.73 and a 52-week high of $135.45. The firm has a market capitalization of $20.33 billion, a PE ratio of 108.63, a price-to-earnings-growth ratio of 2.68 and a beta of 1.05. The company has a current ratio of 0.30, a quick ratio of 0.26 and a debt-to-equity ratio of 0.54.

Alexandria Real Estate Equities (NYSE:ARE) last released its quarterly earnings data on Tuesday, January 30th. The real estate investment trust reported ($0.54) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.29 by ($2.83). Alexandria Real Estate Equities had a net margin of 6.65% and a return on equity of 0.87%. The firm had revenue of $757.22 million during the quarter, compared to analysts’ expectations of $740.16 million. During the same quarter in the previous year, the firm posted $2.14 EPS. Alexandria Real Estate Equities’s revenue was up 13.0% compared to the same quarter last year. Equities analysts expect that Alexandria Real Estate Equities, Inc. will post 9.46 earnings per share for the current fiscal year.

Alexandria Real Estate Equities Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Thursday, March 28th were paid a dividend of $1.27 per share. This represents a $5.08 dividend on an annualized basis and a dividend yield of 4.37%. The ex-dividend date of this dividend was Wednesday, March 27th. Alexandria Real Estate Equities’s payout ratio is 474.77%.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on ARE shares. StockNews.com raised shares of Alexandria Real Estate Equities from a “sell” rating to a “hold” rating in a report on Thursday, March 21st. Evercore ISI decreased their target price on shares of Alexandria Real Estate Equities from $137.00 to $132.00 and set an “outperform” rating on the stock in a research report on Thursday. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Alexandria Real Estate Equities in a research report on Tuesday, January 30th. They issued a “buy” rating and a $140.00 target price on the stock. Mizuho lifted their target price on shares of Alexandria Real Estate Equities from $145.00 to $154.00 and gave the stock a “buy” rating in a research report on Wednesday, January 3rd. Finally, Wedbush reiterated an “outperform” rating and issued a $140.00 target price on shares of Alexandria Real Estate Equities in a research report on Wednesday. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat, Alexandria Real Estate Equities presently has a consensus rating of “Moderate Buy” and a consensus target price of $136.75.

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.