Stamos Capital Partners L.P. Buys 5,110 Shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE)

Stamos Capital Partners L.P. increased its stake in Alexandria Real Estate Equities, Inc. (NYSE:ARE - Free Report) by 50.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 15,260 shares of the real estate investment trust's stock after purchasing an additional 5,110 shares during the period. Stamos Capital Partners L.P.'s holdings in Alexandria Real Estate Equities were worth $1,489,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of ARE. Fulton Bank N.A. increased its stake in Alexandria Real Estate Equities by 77.7% in the fourth quarter. Fulton Bank N.A. now owns 16,165 shares of the real estate investment trust's stock valued at $1,577,000 after acquiring an additional 7,070 shares during the last quarter. Magnetar Financial LLC acquired a new position in Alexandria Real Estate Equities during the fourth quarter worth about $968,000. Hahn Capital Management LLC boosted its stake in shares of Alexandria Real Estate Equities by 50.4% in the 4th quarter. Hahn Capital Management LLC now owns 68,370 shares of the real estate investment trust's stock valued at $6,669,000 after purchasing an additional 22,926 shares in the last quarter. CCLA Investment Management increased its position in Alexandria Real Estate Equities by 4.0% during the 4th quarter. CCLA Investment Management now owns 841,435 shares of the real estate investment trust's stock worth $82,023,000 after purchasing an additional 32,367 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. boosted its position in Alexandria Real Estate Equities by 5.0% in the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 903,541 shares of the real estate investment trust's stock valued at $88,140,000 after buying an additional 42,825 shares in the last quarter. 96.54% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

ARE has been the subject of a number of research reports. JMP Securities reiterated 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. StockNews.com raised Alexandria Real Estate Equities from a "sell" rating to a "hold" rating in a research note on Thursday, April 3rd. Wedbush reiterated a "neutral" rating and set a $104.00 target price on shares of Alexandria Real Estate Equities in a research report on Wednesday, January 29th. Finally, Jefferies Financial Group assumed coverage on shares of Alexandria Real Estate Equities in a report on Monday, March 17th. They set a "hold" rating and a $100.00 price target 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. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $118.60.

Alexandria Real Estate Equities Stock Up 0.8 %

Shares of Alexandria Real Estate Equities stock traded up $0.64 during trading hours on Friday, reaching $77.76. The company's stock had a trading volume of 1,628,005 shares, compared to its average volume of 1,174,581. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.21 and a current ratio of 0.21. The stock's fifty day simple moving average is $92.65 and its two-hundred day simple moving average is $101.41. The company has a market capitalization of $13.45 billion, a P/E ratio of 43.20, a P/E/G ratio of 3.93 and a beta of 1.24. Alexandria Real Estate Equities, Inc. has a one year low of $71.57 and a one year high of $130.14.

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

Alexandria Real Estate Equities Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were issued a dividend of $1.32 per share. This represents a $5.28 annualized dividend and a yield of 6.79%. The ex-dividend date was Monday, March 31st. Alexandria Real Estate Equities's dividend payout ratio (DPR) is presently 293.33%.

Alexandria Real Estate Equities 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.