Robeco Institutional Asset Management B.V. Sells 11,216 Shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE)

Robeco Institutional Asset Management B.V. decreased its stake in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE - Free Report) by 10.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 99,206 shares of the real estate investment trust's stock after selling 11,216 shares during the period. Robeco Institutional Asset Management B.V. owned about 0.06% of Alexandria Real Estate Equities worth $11,781,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of ARE. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in Alexandria Real Estate Equities by 14.1% in the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 281,833 shares of the real estate investment trust's stock valued at $36,331,000 after acquiring an additional 34,854 shares during the last quarter. CANADA LIFE ASSURANCE Co boosted its position in Alexandria Real Estate Equities by 2.9% during the first quarter. CANADA LIFE ASSURANCE Co now owns 321,624 shares of the real estate investment trust's stock worth $41,482,000 after purchasing an additional 9,187 shares during the period. Vanguard Group Inc. lifted its stake in shares of Alexandria Real Estate Equities by 0.6% during the 1st quarter. Vanguard Group Inc. now owns 26,784,689 shares of the real estate investment trust's stock valued at $3,452,814,000 after buying an additional 156,643 shares in the last quarter. SG Americas Securities LLC grew its stake in Alexandria Real Estate Equities by 301.6% in the 1st quarter. SG Americas Securities LLC now owns 71,743 shares of the real estate investment trust's stock valued at $9,248,000 after buying an additional 53,877 shares in the last quarter. Finally, BDF Gestion bought a new stake in Alexandria Real Estate Equities during the 2nd quarter valued at $2,560,000. Institutional investors own 96.54% of the company's stock.

Alexandria Real Estate Equities Trading Up 0.6 %

Shares of NYSE ARE traded up $0.65 during mid-day trading on Friday, hitting $114.37. The stock had a trading volume of 457,804 shares, compared to its average volume of 986,275. The business has a 50 day moving average price of $118.23 and a two-hundred day moving average price of $118.23. Alexandria Real Estate Equities, Inc. has a 1 year low of $93.17 and a 1 year high of $135.45. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.20 and a current ratio of 0.20. The firm has a market cap of $19.99 billion, a P/E ratio of 69.32, a price-to-earnings-growth ratio of 4.23 and a beta of 1.16.

Alexandria Real Estate Equities (NYSE:ARE - Get Free Report) last released its quarterly earnings data on Monday, October 21st. The real estate investment trust reported $0.96 earnings per share for the quarter, missing the consensus estimate of $2.38 by ($1.42). Alexandria Real Estate Equities had a return on equity of 1.31% and a net margin of 9.62%. The business had revenue of $791.60 million during the quarter, compared to analysts' expectations of $766.97 million. During the same quarter last year, the business posted $2.26 EPS. The company's quarterly revenue was up 10.9% compared to the same quarter last year. On average, equities analysts anticipate that Alexandria Real Estate Equities, Inc. will post 9.48 EPS for the current fiscal year.

Alexandria Real Estate Equities Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were paid a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a yield of 4.55%. The ex-dividend date was Monday, September 30th. Alexandria Real Estate Equities's payout ratio is currently 317.07%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on ARE shares. Citigroup cut Alexandria Real Estate Equities from a "buy" rating to a "neutral" rating and reduced their price target for the company from $130.00 to $125.00 in a research report on Friday, September 13th. Jefferies Financial Group lowered shares of Alexandria Real Estate Equities from a "buy" rating to a "hold" rating and cut their price objective for the company from $136.00 to $127.00 in a research report on Friday, August 2nd. Bank of America downgraded shares of Alexandria Real Estate Equities from a "buy" rating to a "neutral" rating and cut their price target for the company from $151.00 to $126.00 in a report on Monday, July 29th. Robert W. Baird lowered their price objective on Alexandria Real Estate Equities from $137.00 to $130.00 and set an "outperform" rating on the stock in a research report on Friday. Finally, BMO Capital Markets upgraded Alexandria Real Estate Equities to a "hold" rating in a research note on Wednesday, September 25th. Eight research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $131.10.

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.