Van Lanschot Kempen Investment Management N.V. Trims Holdings in Alexandria Real Estate Equities, Inc. (NYSE:ARE)

Van Lanschot Kempen Investment Management N.V. reduced its holdings in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE - Free Report) by 3.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 182,880 shares of the real estate investment trust's stock after selling 5,834 shares during the period. Van Lanschot Kempen Investment Management N.V. owned 0.11% of Alexandria Real Estate Equities worth $17,840,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of ARE. TD Waterhouse Canada Inc. lifted its holdings in Alexandria Real Estate Equities by 6.8% in the fourth quarter. TD Waterhouse Canada Inc. now owns 150,687 shares of the real estate investment trust's stock valued at $14,689,000 after acquiring an additional 9,534 shares during the period. Lasalle Investment Management Securities LLC increased its stake in Alexandria Real Estate Equities by 33.8% in the 4th quarter. Lasalle Investment Management Securities LLC now owns 585,280 shares of the real estate investment trust's stock worth $57,094,000 after buying an additional 147,936 shares in the last quarter. MML Investors Services LLC grew its position in shares of Alexandria Real Estate Equities by 30.3% during the fourth quarter. MML Investors Services LLC now owns 26,173 shares of the real estate investment trust's stock worth $2,553,000 after purchasing an additional 6,086 shares in the last quarter. MetLife Investment Management LLC boosted its position in shares of Alexandria Real Estate Equities by 1.2% during the fourth quarter. MetLife Investment Management LLC now owns 46,042 shares of the real estate investment trust's stock worth $4,491,000 after acquiring an additional 532 shares during the last quarter. Finally, Natixis boosted its holdings in shares of Alexandria Real Estate Equities by 320.4% during the 4th quarter. Natixis now owns 66,270 shares of the real estate investment trust's stock valued at $6,465,000 after purchasing an additional 50,505 shares during the last quarter. Institutional investors own 96.54% of the company's stock.

Analyst Ratings Changes

Several brokerages have recently issued reports on ARE. Wedbush restated 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. Jefferies Financial Group began 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. JMP Securities restated a "market outperform" rating and set a $130.00 price target on shares of Alexandria Real Estate Equities in a research note on Wednesday, January 29th. Finally, StockNews.com raised shares of Alexandria Real Estate Equities from a "sell" rating to a "hold" rating in a report on Thursday, April 3rd. Ten investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $118.60.

Alexandria Real Estate Equities Stock Performance

Shares of ARE opened at $75.70 on Tuesday. The stock has a 50 day moving average price of $91.92 and a 200 day moving average price of $100.66. Alexandria Real Estate Equities, Inc. has a 52-week low of $71.57 and a 52-week high of $130.14. 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 company has a market capitalization of $13.10 billion, a price-to-earnings ratio of 42.06, 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 announced its earnings results 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%. Research analysts predict that Alexandria Real Estate Equities, Inc. will post 9.32 EPS for the current fiscal year.

Alexandria Real Estate Equities Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were issued a dividend of $1.32 per share. The ex-dividend date was Monday, March 31st. This represents a $5.28 dividend on an annualized basis and a dividend yield of 6.97%. Alexandria Real Estate Equities's dividend payout ratio (DPR) is presently 293.33%.

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.

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