Schroder Investment Management Group Decreases Position in Alexandria Real Estate Equities, Inc. (NYSE:ARE)

Schroder Investment Management Group reduced its position in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE - Free Report) by 10.2% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 711,186 shares of the real estate investment trust's stock after selling 81,118 shares during the quarter. Schroder Investment Management Group owned approximately 0.41% of Alexandria Real Estate Equities worth $68,615,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. Proficio Capital Partners LLC bought a new position in shares of Alexandria Real Estate Equities during the fourth quarter valued at about $29,000. EverSource Wealth Advisors LLC increased its holdings in 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 purchasing an additional 109 shares during the period. Wilmington Savings Fund Society FSB bought a new position in Alexandria Real Estate Equities during the 3rd quarter valued at approximately $43,000. Spire Wealth Management lifted its holdings in Alexandria Real Estate Equities by 72.5% in the 4th quarter. Spire Wealth Management now owns 595 shares of the real estate investment trust's stock worth $58,000 after buying an additional 250 shares during the period. Finally, Versant Capital Management Inc grew its position 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 buying an additional 421 shares during the last quarter. Hedge funds and other institutional investors own 96.54% of the company's stock.

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Alexandria Real Estate Equities Stock Down 4.9 %

ARE stock traded down $4.23 on Friday, reaching $82.02. 1,622,869 shares of the company traded hands, compared to its average volume of 1,100,829. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.21 and a quick ratio of 0.21. The firm has a fifty day simple moving average of $97.14 and a 200-day simple moving average of $104.95. Alexandria Real Estate Equities, Inc. has a one year low of $81.38 and a one year high of $130.14. The company has a market cap of $14.20 billion, a P/E ratio of 45.58, a price-to-earnings-growth ratio of 3.93 and a beta of 1.24.

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 (EPS) 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%. Research analysts anticipate that Alexandria Real Estate Equities, Inc. will post 9.32 earnings per share for the current year.

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

Alexandria Real Estate Equities Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be given a $1.32 dividend. The ex-dividend date is Monday, March 31st. This represents a $5.28 annualized dividend and a dividend yield of 6.44%. Alexandria Real Estate Equities's payout ratio is 293.33%.

Analyst Upgrades and Downgrades

A number of analysts recently commented on ARE shares. Wedbush reaffirmed a "neutral" rating and issued a $104.00 price target on shares of Alexandria Real Estate Equities in a research note on Wednesday, January 29th. StockNews.com raised shares of Alexandria Real Estate Equities from a "sell" rating to a "hold" rating in a research note on Thursday. JMP Securities reissued a "market outperform" rating and issued a $130.00 price target on shares of Alexandria Real Estate Equities in a research note on Wednesday, January 29th. Royal Bank of Canada cut their price objective on Alexandria Real Estate Equities from $125.00 to $114.00 and set a "sector perform" rating on the stock in a research report on Tuesday, December 17th. Finally, Jefferies Financial Group assumed coverage on Alexandria Real Estate Equities in a 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 stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $118.60.

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.