10,315 Shares in Alexandria Real Estate Equities, Inc. (NYSE:ARE) Bought by Opinicus Capital Inc.

Opinicus Capital Inc. acquired a new stake in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) in the 4th quarter, Holdings Channel reports. The firm acquired 10,315 shares of the real estate investment trust’s stock, valued at approximately $1,308,000. Alexandria Real Estate Equities accounts for about 1.3% of Opinicus Capital Inc.’s holdings, making the stock its 17th biggest position.

Several other institutional investors have also bought and sold shares of ARE. Invesco Ltd. boosted its stake in shares of Alexandria Real Estate Equities by 7.9% during the 3rd quarter. Invesco Ltd. now owns 2,654,089 shares of the real estate investment trust’s stock worth $265,674,000 after purchasing an additional 194,651 shares during the period. Legal & General Group Plc lifted its holdings in Alexandria Real Estate Equities by 3.4% during the 3rd quarter. Legal & General Group Plc now owns 2,316,770 shares of the real estate investment trust’s stock valued at $231,909,000 after buying an additional 77,012 shares in the last quarter. Northern Trust Corp lifted its holdings in Alexandria Real Estate Equities by 2.6% during the 3rd quarter. Northern Trust Corp now owns 2,168,273 shares of the real estate investment trust’s stock valued at $217,044,000 after buying an additional 54,717 shares in the last quarter. FMR LLC lifted its holdings in Alexandria Real Estate Equities by 0.7% during the 3rd quarter. FMR LLC now owns 1,508,541 shares of the real estate investment trust’s stock valued at $151,005,000 after buying an additional 10,914 shares in the last quarter. Finally, Bamco Inc. NY lifted its holdings in Alexandria Real Estate Equities by 4.7% during the 3rd quarter. Bamco Inc. NY now owns 1,202,373 shares of the real estate investment trust’s stock valued at $120,358,000 after buying an additional 53,640 shares in the last quarter. Institutional investors own 96.54% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently weighed in on ARE. Mizuho lifted their price objective on shares of Alexandria Real Estate Equities from $145.00 to $154.00 and gave the company a “buy” rating in a report on Wednesday, January 3rd. JMP Securities reiterated a “market outperform” rating and set a $140.00 price objective on shares of Alexandria Real Estate Equities in a report on Wednesday, January 31st. StockNews.com upgraded shares of Alexandria Real Estate Equities from a “sell” rating to a “hold” rating in a report on Thursday, March 21st. Evercore ISI decreased their price objective on shares of Alexandria Real Estate Equities from $137.00 to $132.00 and set an “outperform” rating for the company in a report on Thursday. Finally, Deutsche Bank Aktiengesellschaft started coverage on shares of Alexandria Real Estate Equities in a report on Tuesday, January 30th. They issued a “buy” rating and a $140.00 price target for the company. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, Alexandria Real Estate Equities presently has an average rating of “Moderate Buy” and an average target price of $136.75.

Insider Transactions at Alexandria Real Estate Equities

In other news, CEO Peter M. Moglia sold 3,200 shares of Alexandria Real Estate Equities stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $122.90, for a total value of $393,280.00. Following the transaction, the chief executive officer now owns 249,683 shares of the company’s stock, valued at approximately $30,686,040.70. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In other Alexandria Real Estate Equities news, CEO Peter M. Moglia sold 3,200 shares of the business’s stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $122.90, for a total transaction of $393,280.00. Following the sale, the chief executive officer now owns 249,683 shares of the company’s stock, valued at approximately $30,686,040.70. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Chairman Joel S. Marcus sold 7,500 shares of the business’s stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $118.92, for a total transaction of $891,900.00. Following the sale, the chairman now directly owns 429,538 shares in the company, valued at approximately $51,080,658.96. The disclosure for this sale can be found here. Insiders own 1.15% of the company’s stock.

Alexandria Real Estate Equities Stock Down 0.9 %

Shares of NYSE:ARE traded down $1.06 during trading hours on Friday, hitting $116.24. The company’s stock had a trading volume of 888,255 shares, compared to its average volume of 756,042. Alexandria Real Estate Equities, Inc. has a 52 week low of $90.73 and a 52 week high of $135.45. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.30 and a quick ratio of 0.26. The company has a market capitalization of $20.33 billion, a price-to-earnings ratio of 108.63, a P/E/G ratio of 2.68 and a beta of 1.05. The firm’s fifty day moving average price is $122.98 and its 200 day moving average price is $117.10.

Alexandria Real Estate Equities (NYSE:ARE) last issued its quarterly earnings data on Tuesday, January 30th. The real estate investment trust reported ($0.54) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.29 by ($2.83). Alexandria Real Estate Equities had a return on equity of 0.87% and a net margin of 6.65%. The firm had revenue of $757.22 million during the quarter, compared to analysts’ expectations of $740.16 million. During the same period in the previous year, the firm earned $2.14 EPS. The firm’s quarterly revenue was up 13.0% on a year-over-year basis. As a group, research analysts expect that Alexandria Real Estate Equities, Inc. will post 9.46 EPS for the current year.

Alexandria Real Estate Equities Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Thursday, March 28th were given a $1.27 dividend. This represents a $5.08 dividend on an annualized basis and a dividend yield of 4.37%. The ex-dividend date of this dividend was Wednesday, March 27th. Alexandria Real Estate Equities’s payout ratio is currently 474.77%.

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.