Capital Fund Management S.A. Has $8.85 Million Stake in Alexandria Real Estate Equities, Inc. (NYSE:ARE)

Capital Fund Management S.A. raised its stake in Alexandria Real Estate Equities, Inc. (NYSE:ARE - Free Report) by 152.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 90,763 shares of the real estate investment trust's stock after acquiring an additional 54,878 shares during the period. Capital Fund Management S.A. owned about 0.05% of Alexandria Real Estate Equities worth $8,854,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of ARE. EverSource Wealth Advisors LLC increased its position in shares of Alexandria Real Estate Equities by 57.7% during the 4th quarter. EverSource Wealth Advisors LLC now owns 298 shares of the real estate investment trust's stock worth $29,000 after purchasing an additional 109 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in shares of Alexandria Real Estate Equities during the third quarter worth approximately $43,000. Spire Wealth Management raised its stake 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 valued at $58,000 after acquiring an additional 250 shares during the last quarter. Versant Capital Management Inc boosted its holdings in shares of Alexandria Real Estate Equities by 129.9% in 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. Finally, Sherman Asset Management Inc. bought a new stake in Alexandria Real Estate Equities during the 4th quarter worth approximately $75,000. 96.54% of the stock is currently owned by institutional investors and hedge funds.

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Analyst Ratings Changes

ARE has been the topic of several research reports. StockNews.com upgraded shares of Alexandria Real Estate Equities from a "sell" rating to a "hold" rating in a research report on Thursday, April 3rd. Wedbush reissued a "neutral" rating and issued a $104.00 price target on shares of Alexandria Real Estate Equities in a report on Wednesday, January 29th. JMP Securities reaffirmed a "market outperform" rating and set a $130.00 price objective on shares of Alexandria Real Estate Equities in a report on Wednesday, January 29th. Royal Bank of Canada decreased their price target on Alexandria Real Estate Equities from $125.00 to $114.00 and set a "sector perform" rating on the stock in a report on Tuesday, December 17th. Finally, Jefferies Financial Group began coverage on shares of Alexandria Real Estate Equities in a research report on Monday, March 17th. They set a "hold" rating and a $100.00 target price on the stock. Ten equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat.com, Alexandria Real Estate Equities has an average rating of "Hold" and an average target price of $118.60.

Alexandria Real Estate Equities Trading Down 0.8 %

Shares of ARE stock traded down $0.62 on Tuesday, hitting $79.08. The stock had a trading volume of 1,286,660 shares, compared to its average volume of 1,167,435. Alexandria Real Estate Equities, Inc. has a twelve month low of $71.57 and a twelve month high of $130.14. 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 cap of $13.68 billion, a P/E ratio of 43.93, a PEG ratio of 3.93 and a beta of 1.24. The company has a fifty day moving average price of $93.73 and a two-hundred day moving average price of $102.02.

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

Alexandria Real Estate Equities Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be issued a dividend of $1.32 per share. This represents a $5.28 dividend on an annualized basis and a yield of 6.68%. The ex-dividend date of this dividend is Monday, March 31st. Alexandria Real Estate Equities's dividend payout ratio (DPR) is presently 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.