Fjarde AP Fonden Fourth Swedish National Pension Fund Purchases 5,900 Shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE)

Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its holdings in Alexandria Real Estate Equities, Inc. (NYSE:ARE - Free Report) by 33.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 23,488 shares of the real estate investment trust's stock after acquiring an additional 5,900 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund's holdings in Alexandria Real Estate Equities were worth $2,291,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in ARE. Catalyst Capital Advisors LLC bought a new position in Alexandria Real Estate Equities during the 3rd quarter valued at $25,000. Ashton Thomas Securities LLC bought a new position in Alexandria Real Estate Equities during the 3rd quarter valued at $30,000. Venturi Wealth Management LLC boosted its stake in 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 purchasing an additional 180 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in Alexandria Real Estate Equities during the 3rd quarter valued at $43,000. Finally, Loomis Sayles & Co. L P boosted its stake in Alexandria Real Estate Equities by 3,129.4% during the 3rd quarter. Loomis Sayles & Co. L P now owns 549 shares of the real estate investment trust's stock valued at $65,000 after purchasing an additional 532 shares in the last quarter. 96.54% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. JMP Securities reissued a "market outperform" rating and set a $130.00 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 report on Friday. Wedbush restated a "neutral" rating and issued a $104.00 target price on shares of Alexandria Real Estate Equities in a research note on Wednesday, January 29th. Robert W. Baird reduced 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. Finally, Deutsche Bank Aktiengesellschaft cut Alexandria Real Estate Equities from a "buy" rating to a "hold" rating and reduced their price target for the stock from $135.00 to $112.00 in a research report on Friday, November 15th. Ten research analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $121.30.

Alexandria Real Estate Equities Stock Performance

ARE traded up $1.54 on Friday, hitting $102.48. 1,910,237 shares of the stock traded hands, compared to its average volume of 1,355,131. Alexandria Real Estate Equities, Inc. has a 52 week low of $93.25 and a 52 week 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 capitalization of $17.74 billion, a PE ratio of 56.93, a P/E/G ratio of 3.93 and a beta of 1.16. The business has a fifty day moving average price of $97.89 and a two-hundred day moving average price of $108.39.

Alexandria Real Estate Equities (NYSE:ARE - Get Free Report) last released its quarterly earnings data on Monday, January 27th. The real estate investment trust reported $2.39 earnings per share for the quarter, beating the consensus estimate 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%. On average, research analysts predict that Alexandria Real Estate Equities, Inc. will post 9.32 EPS for the current fiscal year.

Alexandria Real Estate Equities Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were given a dividend of $1.32 per share. The ex-dividend date was Tuesday, December 31st. This is a positive change from Alexandria Real Estate Equities's previous quarterly dividend of $1.30. This represents a $5.28 dividend on an annualized basis and a yield of 5.15%. Alexandria Real Estate Equities's dividend payout ratio is 293.33%.

Alexandria Real Estate Equities announced that its board has approved a share buyback program on Monday, December 9th that allows the company to buyback $500.00 million in outstanding shares. This buyback authorization allows the real estate investment trust to repurchase up to 2.7% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's board of directors believes its shares are undervalued.

About Alexandria Real Estate Equities

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.