Standard Life Investments LTD grew its stake in Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 0.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,621,530 shares of the real estate investment trust’s stock after acquiring an additional 2,819 shares during the period. Standard Life Investments LTD owned 1.73% of Alexandria Real Estate Equities worth $195,370,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in ARE. BlackRock Inc. raised its stake in shares of Alexandria Real Estate Equities by 3,165.7% in the first quarter. BlackRock Inc. now owns 8,350,227 shares of the real estate investment trust’s stock worth $922,867,000 after acquiring an additional 8,094,530 shares during the last quarter. Vanguard Group Inc. raised its stake in shares of Alexandria Real Estate Equities by 20.5% in the first quarter. Vanguard Group Inc. now owns 14,752,505 shares of the real estate investment trust’s stock worth $1,630,446,000 after acquiring an additional 2,504,746 shares during the last quarter. State Street Corp raised its stake in shares of Alexandria Real Estate Equities by 31.4% in the first quarter. State Street Corp now owns 4,969,276 shares of the real estate investment trust’s stock worth $549,191,000 after acquiring an additional 1,186,353 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of Alexandria Real Estate Equities by 152.5% in the first quarter. JPMorgan Chase & Co. now owns 1,742,259 shares of the real estate investment trust’s stock worth $192,555,000 after acquiring an additional 1,052,130 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its stake in shares of Alexandria Real Estate Equities by 60.6% in the second quarter. Bank of New York Mellon Corp now owns 2,147,368 shares of the real estate investment trust’s stock worth $258,693,000 after acquiring an additional 810,466 shares during the last quarter.

In other Alexandria Real Estate Equities news, insider Peter M. Moglia sold 2,000 shares of the firm’s stock in a transaction that occurred on Friday, June 16th. The shares were sold at an average price of $119.00, for a total transaction of $238,000.00. Following the completion of the transaction, the insider now owns 87,867 shares in the company, valued at approximately $10,456,173. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Thomas J. Andrews sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 5th. The stock was sold at an average price of $120.58, for a total transaction of $602,900.00. Following the transaction, the executive vice president now owns 158,000 shares of the company’s stock, valued at approximately $19,051,640. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 45,893 shares of company stock worth $5,545,729. 1.51% of the stock is owned by corporate insiders.

A number of equities analysts have weighed in on ARE shares. BidaskClub raised shares of Alexandria Real Estate Equities from a “hold” rating to a “buy” rating in a research note on Thursday, June 22nd. Zacks Investment Research downgraded shares of Alexandria Real Estate Equities from a “buy” rating to a “hold” rating in a research note on Wednesday, July 19th. Finally, Barclays PLC boosted their target price on shares of Alexandria Real Estate Equities from $129.00 to $130.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 18th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $128.25.

Shares of Alexandria Real Estate Equities, Inc. (NYSE ARE) traded down 0.82% during midday trading on Wednesday, reaching $119.01. 219,756 shares of the company’s stock traded hands. The stock has a 50-day moving average price of $120.56 and a 200-day moving average price of $117.17. Alexandria Real Estate Equities, Inc. has a 52-week low of $101.51 and a 52-week high of $123.89. The stock has a market cap of $11.14 billion, a P/E ratio of 268.65 and a beta of 0.87.

Alexandria Real Estate Equities (NYSE:ARE) last posted its earnings results on Monday, July 31st. The real estate investment trust reported $1.50 EPS for the quarter, hitting the 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 for the quarter, compared to the consensus estimate of $277.40 million. During the same period last year, the company earned $1.36 EPS. The firm’s revenue was up 20.8% compared to the same quarter last year. Analysts forecast that Alexandria Real Estate Equities, Inc. will post $1.47 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, October 16th. Investors of record on Friday, September 29th will be given a dividend of $0.86 per share. The ex-dividend date is Thursday, September 28th. This represents a $3.44 annualized dividend and a yield of 2.87%. Alexandria Real Estate Equities’s dividend payout ratio is presently 860.02%.

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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.

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

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