Schroder Investment Management Group boosted its holdings in Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 15.6% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 565,667 shares of the real estate investment trust’s stock after acquiring an additional 76,409 shares during the quarter. Schroder Investment Management Group owned 0.60% of Alexandria Real Estate Equities worth $67,309,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Calamos Advisors LLC bought a new position in Alexandria Real Estate Equities in the 2nd quarter valued at approximately $4,400,000. Kayne Anderson Rudnick Investment Management LLC bought a new position in Alexandria Real Estate Equities in the 2nd quarter valued at approximately $2,687,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its position in Alexandria Real Estate Equities by 2.6% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 6,766 shares of the real estate investment trust’s stock valued at $815,000 after acquiring an additional 173 shares in the last quarter. JPMorgan Chase & Co. lifted its position in Alexandria Real Estate Equities by 14.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,997,637 shares of the real estate investment trust’s stock valued at $240,656,000 after acquiring an additional 255,378 shares in the last quarter. Finally, Westpac Banking Corp lifted its position in Alexandria Real Estate Equities by 4.2% in the 2nd quarter. Westpac Banking Corp now owns 182,237 shares of the real estate investment trust’s stock valued at $21,954,000 after acquiring an additional 7,322 shares in the last quarter.

COPYRIGHT VIOLATION NOTICE: This piece was first reported by TheOlympiaReport and is the sole property of of TheOlympiaReport. If you are accessing this piece on another domain, it was stolen and reposted in violation of United States and international copyright and trademark law. The original version of this piece can be viewed at https://theolympiareport.com/2017/09/08/schroder-investment-management-group-has-67-31-million-position-in-alexandria-real-estate-equities-inc-are.html.

Alexandria Real Estate Equities, Inc. (NYSE:ARE) opened at 120.10 on Friday. The company has a market capitalization of $11.24 billion, a PE ratio of 271.11 and a beta of 0.87. The stock’s 50 day moving average price is $120.66 and its 200 day moving average price is $117.16. Alexandria Real Estate Equities, Inc. has a 12-month low of $101.51 and a 12-month high of $123.89.

Alexandria Real Estate Equities (NYSE:ARE) last posted its quarterly earnings data on Monday, July 31st. The real estate investment trust reported $1.50 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.50. Alexandria Real Estate Equities had a net margin of 9.45% and a return on equity of 3.11%. The business had revenue of $273.10 million during the quarter, compared to the consensus estimate of $277.40 million. During the same period in the previous year, the firm posted $1.36 earnings per share. The business’s revenue for the quarter was up 20.8% compared to the same quarter last year. On average, equities analysts anticipate that Alexandria Real Estate Equities, Inc. will post $1.46 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 16th. Stockholders of record on Friday, September 29th will be paid a dividend of $0.86 per share. The ex-dividend date of this dividend is Thursday, September 28th. This represents a $3.44 annualized dividend and a dividend yield of 2.86%. Alexandria Real Estate Equities’s payout ratio is currently 860.02%.

Several equities analysts recently issued reports on the company. Zacks Investment Research raised Alexandria Real Estate Equities from a “hold” rating to a “buy” rating and set a $135.00 price objective on the stock in a research report on Wednesday, August 9th. BidaskClub raised Alexandria Real Estate Equities from a “sell” rating to a “hold” rating in a research report on Wednesday, August 16th. Finally, Barclays PLC upped their price objective on Alexandria Real Estate Equities from $129.00 to $130.00 and gave the company an “overweight” rating in a research report on Tuesday, July 18th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $124.60.

In related news, insider Peter M. Moglia sold 4,000 shares of the business’s stock in a transaction on Wednesday, June 14th. The shares were sold at an average price of $118.56, for a total transaction of $474,240.00. Following the completion of the transaction, the insider now directly owns 91,867 shares in the company, valued at $10,891,751.52. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Joel S. Marcus sold 15,500 shares of the business’s stock in a transaction on Tuesday, August 15th. The shares were sold at an average price of $121.16, for a total transaction of $1,877,980.00. Following the transaction, the chief executive officer now owns 689,436 shares of the company’s stock, valued at $83,532,065.76. The disclosure for this sale can be found here. Insiders have sold 49,893 shares of company stock valued at $6,019,969 over the last quarter. Insiders own 1.60% of the company’s stock.

Alexandria Real Estate Equities Profile

Alexandria Real Estate Equities, Inc is a real estate investment (REIT). The Company is engaged in the business of providing space for lease to the life science and technology industries. It focuses on collaborative life science and technology campuses. It develops urban cluster campuses and ecosystems.

Institutional Ownership by Quarter for Alexandria Real Estate Equities (NYSE:ARE)

Receive News & Ratings for Alexandria Real Estate Equities Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alexandria Real Estate Equities Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.