Alexandria Real Estate Equities, Inc. (NYSE:ARE) CEO Joel S. Marcus sold 13,000 shares of the stock in a transaction that occurred on Thursday, November 30th. The shares were sold at an average price of $126.91, for a total transaction of $1,649,830.00. Following the sale, the chief executive officer now directly owns 651,436 shares of the company’s stock, valued at $82,673,742.76. The sale was disclosed in a document filed with the SEC, which is available through this link.

Alexandria Real Estate Equities, Inc. (NYSE:ARE) opened at $126.85 on Thursday. The company has a current ratio of 0.21, a quick ratio of 0.21 and a debt-to-equity ratio of 0.83. The company has a market capitalization of $12,062.36, a P/E ratio of 21.32, a PEG ratio of 3.59 and a beta of 0.84. Alexandria Real Estate Equities, Inc. has a 52-week low of $105.74 and a 52-week high of $130.46.

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

The company also recently announced a quarterly dividend, which will be paid on Monday, January 15th. Stockholders of record on Friday, December 29th will be given a dividend of $0.90 per share. This is an increase from Alexandria Real Estate Equities’s previous quarterly dividend of $0.86. This represents a $3.60 dividend on an annualized basis and a dividend yield of 2.84%. The ex-dividend date is Thursday, December 28th. Alexandria Real Estate Equities’s dividend payout ratio is currently 390.91%.

ARE has been the subject of a number of research analyst reports. Zacks Investment Research raised shares of Alexandria Real Estate Equities from a “sell” rating to a “hold” rating in a report on Friday, November 3rd. Mizuho reaffirmed a “buy” rating and set a $140.00 price objective on shares of Alexandria Real Estate Equities in a report on Wednesday, November 1st. Bank of America increased their price objective on shares of Alexandria Real Estate Equities from $129.00 to $133.00 and gave the company a “neutral” rating in a report on Monday, November 6th. National Bank Financial downgraded Alexandria Real Estate Equities from an “outperform” rating to a “sector perform” rating and lowered their target price for the company from $20.00 to $18.00 in a research report on Monday, October 23rd. Finally, Royal Bank Of Canada reiterated a “hold” rating on shares of Alexandria Real Estate Equities in a research report on Monday, October 23rd. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Alexandria Real Estate Equities currently has a consensus rating of “Buy” and an average target price of $113.17.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Louisiana State Employees Retirement System lifted its position in Alexandria Real Estate Equities by 1.8% in the second quarter. Louisiana State Employees Retirement System now owns 5,600 shares of the real estate investment trust’s stock worth $675,000 after buying an additional 100 shares during the last quarter. Aperio Group LLC lifted its position in Alexandria Real Estate Equities by 5.5% in the second quarter. Aperio Group LLC now owns 18,042 shares of the real estate investment trust’s stock worth $2,174,000 after buying an additional 946 shares during the last quarter. Public Employees Retirement Association of Colorado lifted its position in Alexandria Real Estate Equities by 0.3% in the second quarter. Public Employees Retirement Association of Colorado now owns 17,163 shares of the real estate investment trust’s stock worth $2,068,000 after buying an additional 47 shares during the last quarter. NGAM Advisors L.P. lifted its position in Alexandria Real Estate Equities by 4.1% in the second quarter. NGAM Advisors L.P. now owns 13,213 shares of the real estate investment trust’s stock worth $1,592,000 after buying an additional 524 shares during the last quarter. Finally, Janney Montgomery Scott LLC bought a new stake in Alexandria Real Estate Equities in the second quarter worth $2,568,000.

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Alexandria Real Estate Equities Company 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.

Insider Buying and Selling by Quarter for Alexandria Real Estate Equities (NYSE:ARE)

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