Oregon Public Employees Retirement Fund grew its holdings in Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 18.9% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,752 shares of the real estate investment trust’s stock after purchasing an additional 1,552 shares during the period. Oregon Public Employees Retirement Fund’s holdings in Alexandria Real Estate Equities were worth $1,160,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in ARE. Muzinich & Co. Inc. raised its holdings in shares of Alexandria Real Estate Equities by 30.4% during the second quarter. Muzinich & Co. Inc. now owns 943 shares of the real estate investment trust’s stock worth $114,000 after acquiring an additional 220 shares in the last quarter. Capital Analysts LLC purchased a new stake in shares of Alexandria Real Estate Equities during the second quarter worth $125,000. First Personal Financial Services raised its holdings in shares of Alexandria Real Estate Equities by 7.9% during the second quarter. First Personal Financial Services now owns 1,112 shares of the real estate investment trust’s stock worth $134,000 after acquiring an additional 81 shares in the last quarter. Spirit of America Management Corp NY purchased a new stake in shares of Alexandria Real Estate Equities during the third quarter worth $154,000. Finally, Fox Run Management L.L.C. purchased a new stake in shares of Alexandria Real Estate Equities during the third quarter worth $226,000.

ARE has been the topic of several analyst reports. Zacks Investment Research raised shares of Alexandria Real Estate Equities from a “sell” rating to a “hold” rating in a research report on Friday, November 3rd. Mizuho reissued a “buy” rating and set a $140.00 target price on shares of Alexandria Real Estate Equities in a research report on Wednesday, November 1st. Bank of America Corporation increased their target price on shares of Alexandria Real Estate Equities from $129.00 to $133.00 and gave the stock a “neutral” rating in a research report on Monday, November 6th. National Bank Financial downgraded shares of Alexandria Real Estate Equities from an “outperform” rating to a “sector perform” rating and lowered their target price for the stock from $20.00 to $18.00 in a research report on Monday, October 23rd. Finally, Royal Bank Of Canada reissued a “hold” rating on shares of Alexandria Real Estate Equities in a research report on Monday, October 23rd. Five equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $113.17.

Shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) opened at $126.28 on Wednesday. The company has a debt-to-equity ratio of 0.83, a current ratio of 0.21 and a quick ratio of 0.21. Alexandria Real Estate Equities, Inc. has a one year low of $104.87 and a one year high of $127.15. The firm has a market cap of $12,118.83, a PE ratio of 21.42, a P/E/G ratio of 3.49 and a beta of 0.85.

Alexandria Real Estate Equities (NYSE:ARE) last released its earnings results on Monday, October 30th. The real estate investment trust reported $0.55 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.51 by ($0.96). Alexandria Real Estate Equities had a net margin of 13.21% and a return on equity of 3.69%. The company had revenue of $285.60 million during the quarter, compared to the consensus estimate of $286.11 million. During the same quarter in the previous year, the business posted $1.39 EPS. The firm’s quarterly revenue was up 24.0% on a year-over-year basis. research analysts forecast that Alexandria Real Estate Equities, Inc. will post 6.02 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Monday, October 16th. Investors of record on Friday, September 29th were paid a $0.86 dividend. This represents a $3.44 annualized dividend and a dividend yield of 2.72%. The ex-dividend date was Thursday, September 28th. Alexandria Real Estate Equities’s payout ratio is presently 390.91%.

In other Alexandria Real Estate Equities news, EVP Thomas J. Andrews sold 5,000 shares of the firm’s stock in a transaction dated Tuesday, September 5th. The shares were sold at an average price of $120.58, for a total transaction of $602,900.00. Following the completion of the transaction, the executive vice president now owns 158,000 shares in the company, valued at $19,051,640. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Joel S. Marcus sold 25,000 shares of the firm’s stock in a transaction dated Monday, September 25th. The stock was sold at an average price of $118.99, for a total transaction of $2,974,750.00. Following the transaction, the chief executive officer now owns 664,436 shares of the company’s stock, valued at approximately $79,061,239.64. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 40,000 shares of company stock valued at $4,806,000. Corporate insiders own 1.51% of the company’s stock.

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About Alexandria Real Estate Equities

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)

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