Natixis Advisors LLC Sells 9,327 Shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE)

Natixis Advisors LLC cut its position in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE - Free Report) by 7.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 110,771 shares of the real estate investment trust's stock after selling 9,327 shares during the quarter. Natixis Advisors LLC owned 0.06% of Alexandria Real Estate Equities worth $10,806,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. EverSource Wealth Advisors LLC boosted 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 worth $29,000 after acquiring an additional 109 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new stake in shares of Alexandria Real Estate Equities during the 3rd quarter worth $43,000. Loomis Sayles & Co. L P boosted its stake in shares of 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 worth $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% during the 4th 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 in the last quarter. Finally, Private Trust Co. NA boosted its stake in shares of Alexandria Real Estate Equities by 113.6% during the 3rd quarter. Private Trust Co. NA now owns 596 shares of the real estate investment trust's stock worth $71,000 after acquiring an additional 317 shares in the last quarter. 96.54% of the stock is owned by institutional investors.

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Alexandria Real Estate Equities Stock Down 0.8 %

Shares of NYSE:ARE traded down $0.74 during midday trading on Friday, hitting $96.24. 2,205,868 shares of the stock were exchanged, compared to its average volume of 1,042,885. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.21 and a current ratio of 0.21. Alexandria Real Estate Equities, Inc. has a 52-week low of $93.25 and a 52-week high of $130.14. The business's fifty day simple moving average is $98.31 and its two-hundred day simple moving average is $106.47. The company has a market capitalization of $16.66 billion, a PE ratio of 53.46, a P/E/G ratio of 3.93 and a beta of 1.17.

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

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

Alexandria Real Estate Equities Dividend Announcement

The business 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. The ex-dividend date is Monday, March 31st. This represents a $5.28 annualized dividend and a yield of 5.49%. Alexandria Real Estate Equities's dividend payout ratio (DPR) is currently 293.33%.

Wall Street Analysts Forecast Growth

ARE has been the subject of several research reports. Royal Bank of Canada reduced their price objective on Alexandria Real Estate Equities from $125.00 to $114.00 and set a "sector perform" rating for the company in a research note on Tuesday, December 17th. JPMorgan Chase & Co. cut Alexandria Real Estate Equities from an "overweight" rating to a "neutral" rating and decreased their target price for the stock from $133.00 to $121.00 in a research report on Wednesday, November 27th. JMP Securities reaffirmed a "market outperform" rating and issued a $130.00 target price on shares of Alexandria Real Estate Equities in a research report on Wednesday, January 29th. StockNews.com cut Alexandria Real Estate Equities from a "hold" rating to a "sell" rating in a research report on Monday, March 17th. Finally, Wedbush reaffirmed a "neutral" rating and issued a $104.00 target price on shares of Alexandria Real Estate Equities in a research report on Wednesday, January 29th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, Alexandria Real Estate Equities presently has an average rating of "Hold" and an average 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.