Dark Forest Capital Management LP Purchases Shares of 11,262 Alexandria Real Estate Equities, Inc. (NYSE:ARE)

Dark Forest Capital Management LP purchased a new stake in Alexandria Real Estate Equities, Inc. (NYSE:ARE - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 11,262 shares of the real estate investment trust's stock, valued at approximately $1,099,000.

Several other institutional investors and hedge funds have also modified their holdings of ARE. Proficio Capital Partners LLC acquired a new stake in shares of Alexandria Real Estate Equities during the 4th quarter worth approximately $29,000. EverSource Wealth Advisors LLC grew its position in Alexandria Real Estate Equities by 57.7% during the fourth quarter. EverSource Wealth Advisors LLC now owns 298 shares of the real estate investment trust's stock valued at $29,000 after buying an additional 109 shares during the period. Wilmington Savings Fund Society FSB purchased a new position in Alexandria Real Estate Equities in the third quarter valued at $43,000. Spire Wealth Management raised its position in shares of Alexandria Real Estate Equities by 72.5% in the fourth quarter. Spire Wealth Management now owns 595 shares of the real estate investment trust's stock worth $58,000 after acquiring an additional 250 shares during the period. Finally, Versant Capital Management Inc boosted its stake in shares of Alexandria Real Estate Equities by 129.9% during the 4th quarter. Versant Capital Management Inc now owns 745 shares of the real estate investment trust's stock worth $73,000 after acquiring an additional 421 shares in the last quarter. Institutional investors and hedge funds own 96.54% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the company. Jefferies Financial Group started coverage on Alexandria Real Estate Equities in a research note on Monday, March 17th. They set a "hold" rating and a $100.00 target price for the company. Wedbush reissued a "neutral" rating and set a $104.00 target price on shares of Alexandria Real Estate Equities in a research note on Wednesday, January 29th. JMP Securities reiterated a "market outperform" rating and issued a $130.00 price objective on shares of Alexandria Real Estate Equities in a report on Wednesday, January 29th. Finally, StockNews.com raised Alexandria Real Estate Equities from a "sell" rating to a "hold" rating in a report on Thursday, April 3rd. Ten research analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $118.60.

Alexandria Real Estate Equities Trading Down 6.5 %

ARE stock traded down $5.00 during trading on Tuesday, reaching $71.98. 1,274,692 shares of the stock were exchanged, compared to its average volume of 1,184,367. The company has a current ratio of 0.21, a quick ratio of 0.21 and a debt-to-equity ratio of 0.55. The firm has a market capitalization of $12.45 billion, a price-to-earnings ratio of 39.90, a P/E/G ratio of 3.93 and a beta of 1.24. The business has a 50 day moving average price of $90.06 and a 200-day moving average price of $99.32. Alexandria Real Estate Equities, Inc. has a 1 year low of $71.57 and a 1 year high of $130.14.

Alexandria Real Estate Equities (NYSE:ARE - Get Free Report) last posted its quarterly earnings data on Monday, April 28th. The real estate investment trust reported $2.30 earnings per share for the quarter, topping analysts' consensus estimates of $2.28 by $0.02. Alexandria Real Estate Equities had a net margin of 10.36% and a return on equity of 1.43%. The firm had revenue of $758.16 million during the quarter, compared to analysts' expectations of $755.64 million. During the same quarter last year, the company posted $2.35 EPS. The firm's quarterly revenue was down 1.4% on a year-over-year basis. On average, research analysts predict that Alexandria Real Estate Equities, Inc. will post 9.32 earnings per share for the current year.

Alexandria Real Estate Equities Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were paid a $1.32 dividend. This represents a $5.28 annualized dividend and a dividend yield of 7.34%. The ex-dividend date was Monday, March 31st. Alexandria Real Estate Equities's payout ratio is 293.33%.

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.