440 Shares in Alexandria Real Estate Equities, Inc. (NYSE:ARE) Bought by CVA Family Office LLC

CVA Family Office LLC purchased a new stake in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund purchased 440 shares of the real estate investment trust’s stock, valued at approximately $56,000.

Other hedge funds have also modified their holdings of the company. Northwestern Mutual Wealth Management Co. increased its holdings in Alexandria Real Estate Equities by 2.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,083 shares of the real estate investment trust’s stock worth $449,000 after buying an additional 70 shares during the period. Seaport Global Advisors LLC increased its stake in shares of Alexandria Real Estate Equities by 7.5% in the fourth quarter. Seaport Global Advisors LLC now owns 1,047 shares of the real estate investment trust’s stock worth $153,000 after acquiring an additional 73 shares during the period. Cetera Advisor Networks LLC raised its holdings in shares of Alexandria Real Estate Equities by 7.3% during the first quarter. Cetera Advisor Networks LLC now owns 1,086 shares of the real estate investment trust’s stock worth $219,000 after purchasing an additional 74 shares during the last quarter. BOKF NA boosted its holdings in Alexandria Real Estate Equities by 4.6% in the fourth quarter. BOKF NA now owns 1,758 shares of the real estate investment trust’s stock valued at $256,000 after purchasing an additional 77 shares during the last quarter. Finally, Cetera Investment Advisers grew its position in Alexandria Real Estate Equities by 1.7% during the 4th quarter. Cetera Investment Advisers now owns 5,460 shares of the real estate investment trust’s stock worth $795,000 after purchasing an additional 92 shares during the period. 96.54% of the stock is owned by institutional investors and hedge funds.

Alexandria Real Estate Equities Stock Performance

Shares of NYSE:ARE opened at $127.70 on Thursday. The business’s 50 day moving average price is $122.14 and its 200-day moving average price is $114.42. Alexandria Real Estate Equities, Inc. has a 1 year low of $90.73 and a 1 year high of $135.45. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.26 and a quick ratio of 0.26. The firm has a market capitalization of $22.34 billion, a PE ratio of 236.49, a P/E/G ratio of 2.89 and a beta of 1.05.

Alexandria Real Estate Equities (NYSE:ARE) last issued its earnings results on Tuesday, January 30th. The real estate investment trust reported ($0.54) EPS for the quarter, missing analysts’ consensus estimates of $2.29 by ($2.83). The business had revenue of $757.22 million during the quarter, compared to analyst estimates of $740.16 million. Alexandria Real Estate Equities had a net margin of 3.59% and a return on equity of 0.46%. Alexandria Real Estate Equities’s quarterly revenue was up 13.0% on a year-over-year basis. During the same quarter last year, the company earned $2.14 earnings per share. As a group, equities research analysts expect that Alexandria Real Estate Equities, Inc. will post 9.47 earnings per share for the current fiscal year.

Alexandria Real Estate Equities Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, April 15th. Stockholders of record on Thursday, March 28th will be issued a dividend of $1.27 per share. The ex-dividend date is Wednesday, March 27th. This represents a $5.08 annualized dividend and a dividend yield of 3.98%. Alexandria Real Estate Equities’s dividend payout ratio is presently 940.76%.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. Deutsche Bank Aktiengesellschaft began coverage on Alexandria Real Estate Equities in a report on Tuesday, January 30th. They set a “buy” rating and a $140.00 target price on the stock. Wedbush restated an “outperform” rating and set a $140.00 price target on shares of Alexandria Real Estate Equities in a research report on Wednesday, January 31st. JMP Securities reissued a “market outperform” rating and set a $140.00 target price on shares of Alexandria Real Estate Equities in a research note on Wednesday, January 31st. StockNews.com upgraded Alexandria Real Estate Equities from a “sell” rating to a “hold” rating in a research report on Thursday, March 21st. Finally, Mizuho raised their price objective on Alexandria Real Estate Equities from $145.00 to $154.00 and gave the company a “buy” rating in a report on Wednesday, January 3rd. Two research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $137.13.

Insiders Place Their Bets

In other Alexandria Real Estate Equities news, Chairman Joel S. Marcus sold 7,500 shares of the company’s stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $118.92, for a total value of $891,900.00. Following the transaction, the chairman now owns 429,538 shares of the company’s stock, valued at $51,080,658.96. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In related news, Chairman Joel S. Marcus sold 7,500 shares of Alexandria Real Estate Equities stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $118.92, for a total value of $891,900.00. Following the completion of the transaction, the chairman now owns 429,538 shares in the company, valued at $51,080,658.96. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Peter M. Moglia sold 3,200 shares of Alexandria Real Estate Equities stock in a transaction on Friday, March 1st. The stock was sold at an average price of $122.90, for a total transaction of $393,280.00. Following the sale, the chief executive officer now directly owns 249,683 shares of the company’s stock, valued at $30,686,040.70. The disclosure for this sale can be found here. 0.96% of the stock is owned by insiders.

Alexandria Real Estate Equities Profile

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.