RMR Advisors LLC boosted its holdings in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 12.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,300 shares of the real estate investment trust’s stock after acquiring an additional 4,200 shares during the period. Alexandria Real Estate Equities comprises about 2.1% of RMR Advisors LLC’s portfolio, making the stock its 12th largest position. RMR Advisors LLC’s holdings in Alexandria Real Estate Equities were worth $4,676,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of ARE. Teachers Advisors LLC grew its holdings in Alexandria Real Estate Equities by 34.4% during the 1st quarter. Teachers Advisors LLC now owns 351,270 shares of the real estate investment trust’s stock worth $38,822,000 after acquiring an additional 89,898 shares in the last quarter. Gotham Asset Management LLC bought a new position in Alexandria Real Estate Equities during the 1st quarter worth about $454,000. AQR Capital Management LLC grew its holdings in Alexandria Real Estate Equities by 18.7% during the 1st quarter. AQR Capital Management LLC now owns 30,295 shares of the real estate investment trust’s stock worth $3,348,000 after acquiring an additional 4,762 shares in the last quarter. HighTower Advisors LLC bought a new position in Alexandria Real Estate Equities during the 1st quarter worth about $293,000. Finally, Janus Capital Management LLC grew its holdings in Alexandria Real Estate Equities by 67.1% during the 1st quarter. Janus Capital Management LLC now owns 365,137 shares of the real estate investment trust’s stock worth $40,355,000 after acquiring an additional 146,599 shares in the last quarter.

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In related news, COO Stephen Richardson sold 7,500 shares of the firm’s stock in a transaction dated Tuesday, August 8th. The stock was sold at an average price of $120.56, for a total transaction of $904,200.00. Following the sale, the chief operating officer now directly owns 136,972 shares in the company, valued at approximately $16,513,344.32. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Joel S. Marcus sold 13,893 shares of the firm’s stock in a transaction dated Friday, August 4th. The shares were sold at an average price of $121.22, for a total value of $1,684,109.46. Following the sale, the chief executive officer now owns 705,829 shares in the company, valued at $85,560,591.38. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 71,893 shares of company stock worth $8,645,989. Company insiders own 1.51% of the company’s stock.

Several brokerages have issued reports on ARE. BidaskClub upgraded shares of Alexandria Real Estate Equities from a “sell” rating to a “hold” rating in a report on Wednesday, August 16th. Zacks Investment Research upgraded shares of Alexandria Real Estate Equities from a “hold” rating to a “buy” rating and set a $135.00 target price on the stock in a report on Wednesday, August 9th. Barclays PLC increased 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 report on Tuesday, July 18th. Royal Bank Of Canada reiterated a “hold” rating on shares of Alexandria Real Estate Equities in a report on Monday, October 23rd. Finally, National Bank Financial cut shares of Alexandria Real Estate Equities from an “outperform” rating to a “sector perform” rating and dropped their target price for the stock from $20.00 to $18.00 in a report on Monday, October 23rd. One analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $106.20.

Shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) traded up 0.76% on Tuesday, reaching $122.64. 170,957 shares of the company’s stock traded hands. The firm’s 50 day moving average is $120.82 and its 200 day moving average is $119.19. The firm has a market capitalization of $11.48 billion, a P/E ratio of 276.84 and a beta of 0.87. Alexandria Real Estate Equities, Inc. has a 52 week low of $101.73 and a 52 week high of $124.49.

Alexandria Real Estate Equities (NYSE:ARE) last announced its earnings results on Monday, October 30th. The real estate investment trust reported $0.55 EPS for the quarter, missing the consensus estimate of $1.51 by ($0.96). The company had revenue of $285.60 million for the quarter, compared to analysts’ expectations of $286.11 million. Alexandria Real Estate Equities had a net margin of 9.45% and a return on equity of 3.11%. The business’s quarterly revenue was up 24.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.39 earnings per share. Analysts expect that Alexandria Real Estate Equities, Inc. will post $1.47 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Monday, October 16th. Investors of record on Friday, September 29th were issued a dividend of $0.86 per share. The ex-dividend date of this dividend was Thursday, September 28th. This represents a $3.44 annualized dividend and a dividend yield of 2.83%. Alexandria Real Estate Equities’s payout ratio is currently 860.02%.

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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