Alexandria Real Estate Equities, Inc. (NYSE:ARE) Shares Bought by Mizuho Securities USA LLC

Mizuho Securities USA LLC grew its position in Alexandria Real Estate Equities, Inc. (NYSE:ARE - Free Report) by 46.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,741 shares of the real estate investment trust's stock after purchasing an additional 4,646 shares during the quarter. Mizuho Securities USA LLC's holdings in Alexandria Real Estate Equities were worth $1,438,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. EverSource Wealth Advisors LLC lifted its stake 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 valued at $29,000 after buying an additional 109 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new stake in Alexandria Real Estate Equities during the third quarter valued at about $43,000. Loomis Sayles & Co. L P lifted its position in shares of Alexandria Real Estate Equities by 3,129.4% in the third quarter. Loomis Sayles & Co. L P now owns 549 shares of the real estate investment trust's stock valued at $65,000 after acquiring an additional 532 shares in the last quarter. Spire Wealth Management boosted 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 worth $58,000 after acquiring an additional 250 shares during the period. Finally, Private Trust Co. NA grew its position in shares of Alexandria Real Estate Equities by 113.6% during the third quarter. Private Trust Co. NA now owns 596 shares of the real estate investment trust's stock worth $71,000 after purchasing an additional 317 shares in the last quarter. 96.54% of the stock is owned by hedge funds and other institutional investors.

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Alexandria Real Estate Equities Stock Down 0.1 %

Shares of Alexandria Real Estate Equities stock traded down $0.13 on Friday, reaching $95.58. The stock had a trading volume of 887,436 shares, compared to its average volume of 1,083,312. The company has a quick ratio of 0.21, a current ratio of 0.21 and a debt-to-equity ratio of 0.55. The stock has a market capitalization of $16.54 billion, a P/E ratio of 53.10, a P/E/G ratio of 3.93 and a beta of 1.17. The company has a 50 day moving average price of $98.01 and a 200 day moving average price of $105.71. Alexandria Real Estate Equities, Inc. has a 1 year low of $93.25 and a 1 year high of $130.14.

Alexandria Real Estate Equities (NYSE:ARE - Get Free Report) last posted its quarterly earnings data on Monday, January 27th. The real estate investment trust reported $2.39 earnings per share 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, equities research analysts forecast that Alexandria Real Estate Equities, Inc. will post 9.32 EPS for the current year.

Alexandria Real Estate Equities declared that its board has initiated a share repurchase program on Monday, December 9th that allows the company to buyback $500.00 million in shares. This buyback authorization allows the real estate investment trust to purchase up to 2.7% of its shares through open market purchases. Shares buyback programs are often a sign that the company's management believes its stock is undervalued.

Alexandria Real Estate Equities Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be given a $1.32 dividend. This represents a $5.28 annualized dividend and a dividend yield of 5.52%. The ex-dividend date is Monday, March 31st. Alexandria Real Estate Equities's payout ratio is 293.33%.

Analyst Upgrades and Downgrades

A number of research firms recently commented on ARE. JMP Securities reissued a "market outperform" rating and issued a $130.00 price target on shares of Alexandria Real Estate Equities in a report on Wednesday, January 29th. Royal Bank of Canada dropped their target price on shares of Alexandria Real Estate Equities from $125.00 to $114.00 and set a "sector perform" rating for the company in a research report on Tuesday, December 17th. StockNews.com cut shares of Alexandria Real Estate Equities from a "hold" rating to a "sell" rating in a research note on Monday, March 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 target on the stock. Finally, Wedbush restated a "neutral" rating and set a $104.00 price objective on shares of Alexandria Real Estate Equities in a research report on Wednesday, January 29th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and two have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock 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.