B. Metzler seel. Sohn & Co. Holding AG Makes New Investment in Alexandria Real Estate Equities, Inc. (NYSE:ARE)

B. Metzler seel. Sohn & Co. Holding AG acquired a new position in Alexandria Real Estate Equities, Inc. (NYSE:ARE - Free Report) during the 3rd quarter, according to its most recent filing with the SEC. The fund acquired 76,065 shares of the real estate investment trust's stock, valued at approximately $9,032,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Catalyst Capital Advisors LLC acquired a new stake in Alexandria Real Estate Equities during the 3rd quarter worth approximately $25,000. Ashton Thomas Securities LLC acquired a new stake in Alexandria Real Estate Equities in the third quarter valued at approximately $30,000. UMB Bank n.a. grew its position in Alexandria Real Estate Equities by 132.8% in the second quarter. UMB Bank n.a. now owns 270 shares of the real estate investment trust's stock valued at $32,000 after acquiring an additional 154 shares in the last quarter. Rothschild Investment LLC acquired a new stake in Alexandria Real Estate Equities in the second quarter valued at approximately $33,000. Finally, Venturi Wealth Management LLC boosted its stake in shares of Alexandria Real Estate Equities by 144.0% during the 3rd quarter. Venturi Wealth Management LLC now owns 305 shares of the real estate investment trust's stock valued at $36,000 after buying an additional 180 shares during the last quarter. 96.54% of the stock is currently owned by hedge funds and other institutional investors.

Alexandria Real Estate Equities Price Performance

NYSE ARE traded down $0.18 during trading hours on Wednesday, hitting $104.31. 1,134,903 shares of the company's stock traded hands, compared to its average volume of 996,834. The firm's 50-day moving average is $116.21 and its 200-day moving average is $117.55. Alexandria Real Estate Equities, Inc. has a 52-week low of $102.70 and a 52-week high of $135.45. The company has a debt-to-equity ratio of 0.56, a current ratio of 0.20 and a quick ratio of 0.20. The company has a market capitalization of $18.23 billion, a PE ratio of 63.60, a PEG ratio of 3.95 and a beta of 1.16.

Alexandria Real Estate Equities (NYSE:ARE - Get Free Report) last announced its quarterly earnings data on Monday, October 21st. The real estate investment trust reported $0.96 earnings per share for the quarter, missing analysts' consensus estimates of $2.38 by ($1.42). Alexandria Real Estate Equities had a net margin of 9.62% and a return on equity of 1.31%. The firm had revenue of $791.60 million during the quarter, compared to analyst estimates of $766.97 million. During the same quarter in the previous year, the business posted $2.26 earnings per share. Alexandria Real Estate Equities's revenue for the quarter was up 10.9% compared to the same quarter last year. Equities analysts forecast that Alexandria Real Estate Equities, Inc. will post 9.47 EPS for the current fiscal year.

Alexandria Real Estate Equities Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were paid a dividend of $1.30 per share. The ex-dividend date was Monday, September 30th. This represents a $5.20 annualized dividend and a yield of 4.99%. Alexandria Real Estate Equities's dividend payout ratio is currently 317.07%.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. Citigroup cut shares of Alexandria Real Estate Equities from a "buy" rating to a "neutral" rating and cut their price objective for the company from $130.00 to $125.00 in a research note on Friday, September 13th. Bank of America lowered Alexandria Real Estate Equities from a "buy" rating to a "neutral" rating and dropped their price target for the stock from $151.00 to $126.00 in a research report on Monday, July 29th. Wedbush dropped their price target on Alexandria Real Estate Equities from $130.00 to $120.00 and set a "neutral" rating for the company in a report on Wednesday, October 23rd. Royal Bank of Canada reiterated a "sector perform" rating and issued a $125.00 price target (down previously from $130.00) on shares of Alexandria Real Estate Equities in a research report on Thursday, October 24th. Finally, Robert W. Baird decreased their price target on Alexandria Real Estate Equities from $137.00 to $130.00 and set an "outperform" rating for the company in a research report on Friday, November 8th. Nine research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $127.30.

Alexandria Real Estate Equities 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.