Alexandria Real Estate Equities, Inc. (NYSE:ARE) Shares Sold by B. Metzler seel. Sohn & Co. AG

B. Metzler seel. Sohn & Co. AG decreased its holdings in Alexandria Real Estate Equities, Inc. (NYSE:ARE - Free Report) by 55.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 34,065 shares of the real estate investment trust's stock after selling 42,000 shares during the period. B. Metzler seel. Sohn & Co. AG's holdings in Alexandria Real Estate Equities were worth $3,323,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the business. EverSource Wealth Advisors LLC increased its stake in Alexandria Real Estate Equities by 57.7% in the 4th quarter. EverSource Wealth Advisors LLC now owns 298 shares of the real estate investment trust's stock worth $29,000 after buying an additional 109 shares during the period. Wilmington Savings Fund Society FSB bought a new stake in shares of Alexandria Real Estate Equities in the 3rd quarter valued at about $43,000. Spire Wealth Management lifted its position in Alexandria Real Estate Equities by 72.5% during the fourth quarter. Spire Wealth Management now owns 595 shares of the real estate investment trust's stock valued at $58,000 after acquiring an additional 250 shares during the last quarter. Versant Capital Management Inc lifted its position in Alexandria Real Estate Equities by 129.9% during the fourth quarter. Versant Capital Management Inc now owns 745 shares of the real estate investment trust's stock valued at $73,000 after acquiring an additional 421 shares during the last quarter. Finally, Sherman Asset Management Inc. acquired a new stake in Alexandria Real Estate Equities in the fourth quarter valued at approximately $75,000. 96.54% of the stock is currently owned by institutional investors.

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Alexandria Real Estate Equities Price Performance

ARE traded down $4.93 during trading on Friday, hitting $81.32. The company's stock had a trading volume of 2,673,680 shares, compared to its average volume of 1,104,690. 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 $14.08 billion, a price-to-earnings ratio of 45.18, a P/E/G ratio of 3.93 and a beta of 1.24. The business's fifty day simple moving average is $97.14 and its 200 day simple moving average is $104.95. Alexandria Real Estate Equities, Inc. has a twelve month low of $81.25 and a twelve month high of $130.14.

Alexandria Real Estate Equities (NYSE:ARE - Get Free Report) last released its quarterly earnings results on Monday, January 27th. The real estate investment trust reported $2.39 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.91 by $1.48. Alexandria Real Estate Equities had a net margin of 10.36% and a return on equity of 1.43%. On average, equities research analysts forecast that Alexandria Real Estate Equities, Inc. will post 9.32 EPS for the current fiscal year.

Alexandria Real Estate Equities Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be paid a $1.32 dividend. This represents a $5.28 dividend on an annualized basis and a yield of 6.49%. The ex-dividend date is Monday, March 31st. Alexandria Real Estate Equities's dividend payout ratio is presently 293.33%.

Alexandria Real Estate Equities declared that its board has authorized a stock repurchase plan on Monday, December 9th that permits the company to repurchase $500.00 million in outstanding shares. This repurchase authorization permits the real estate investment trust to buy up to 2.7% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's board of directors believes its stock is undervalued.

Analyst Ratings Changes

ARE has been the topic of a number of recent analyst reports. Royal Bank of Canada cut their price target on shares of Alexandria Real Estate Equities from $125.00 to $114.00 and set a "sector perform" rating on the stock in a research note on Tuesday, December 17th. Jefferies Financial Group started coverage on shares of Alexandria Real Estate Equities in a research note on Monday, March 17th. They issued a "hold" rating and a $100.00 price objective on the stock. Wedbush reiterated a "neutral" rating and set a $104.00 price objective on shares of Alexandria Real Estate Equities in a research note on Wednesday, January 29th. StockNews.com upgraded Alexandria Real Estate Equities from a "sell" rating to a "hold" rating in a research note on Thursday. Finally, JMP Securities reiterated a "market outperform" rating and set a $130.00 price target on shares of Alexandria Real Estate Equities in a research report on Wednesday, January 29th. Ten analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat.com, Alexandria Real Estate Equities presently has an average rating of "Hold" and a consensus target price of $118.60.

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.