Alexandria Real Estate Equities Inc (NYSE:ARE) Director Maria C. Freire sold 3,000 shares of the business’s stock in a transaction dated Thursday, August 16th. The stock was sold at an average price of $128.67, for a total transaction of $386,010.00. Following the transaction, the director now owns 3,344 shares in the company, valued at $430,272.48. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Shares of ARE opened at $128.41 on Tuesday. Alexandria Real Estate Equities Inc has a 52 week low of $114.00 and a 52 week high of $134.37. The stock has a market capitalization of $13.72 billion, a P/E ratio of 21.33, a P/E/G ratio of 3.10 and a beta of 0.79. The company has a current ratio of 0.39, a quick ratio of 0.39 and a debt-to-equity ratio of 0.81.

Alexandria Real Estate Equities (NYSE:ARE) last announced its quarterly earnings results on Monday, July 30th. The real estate investment trust reported $1.64 EPS for the quarter, meeting the Zacks’ consensus estimate of $1.64. Alexandria Real Estate Equities had a net margin of 22.86% and a return on equity of 4.36%. The business had revenue of $325.00 million for the quarter, compared to analyst estimates of $331.27 million. During the same quarter in the prior year, the business earned $1.50 EPS. Alexandria Real Estate Equities’s quarterly revenue was up 19.0% on a year-over-year basis. equities analysts expect that Alexandria Real Estate Equities Inc will post 6.6 earnings per share for the current year.

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Whittier Trust Co. of Nevada Inc. grew its stake in Alexandria Real Estate Equities by 54.2% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 1,198 shares of the real estate investment trust’s stock valued at $150,000 after buying an additional 421 shares during the last quarter. DekaBank Deutsche Girozentrale grew its stake in Alexandria Real Estate Equities by 5.6% in the 1st quarter. DekaBank Deutsche Girozentrale now owns 8,872 shares of the real estate investment trust’s stock valued at $1,163,000 after buying an additional 467 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in Alexandria Real Estate Equities by 11.6% in the 1st quarter. PNC Financial Services Group Inc. now owns 4,804 shares of the real estate investment trust’s stock valued at $599,000 after buying an additional 498 shares during the last quarter. Sumitomo Life Insurance Co. grew its stake in Alexandria Real Estate Equities by 4.5% in the 2nd quarter. Sumitomo Life Insurance Co. now owns 11,667 shares of the real estate investment trust’s stock valued at $1,472,000 after buying an additional 502 shares during the last quarter. Finally, Advisors Preferred LLC grew its stake in Alexandria Real Estate Equities by 142.3% in the 2nd quarter. Advisors Preferred LLC now owns 860 shares of the real estate investment trust’s stock valued at $109,000 after buying an additional 505 shares during the last quarter. Institutional investors and hedge funds own 98.98% of the company’s stock.

Several research firms have recently weighed in on ARE. ValuEngine lowered shares of Alexandria Real Estate Equities from a “buy” rating to a “hold” rating in a research note on Wednesday, May 16th. Barclays boosted their price objective on shares of Alexandria Real Estate Equities from $132.00 to $133.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 17th. Citigroup boosted their price objective on shares of Alexandria Real Estate Equities from $127.00 to $133.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 8th. JPMorgan Chase & Co. boosted their price objective on shares of Alexandria Real Estate Equities from $130.00 to $131.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 22nd. Finally, TheStreet upgraded shares of Alexandria Real Estate Equities from a “c+” rating to a “b” rating in a research note on Monday, April 30th. Three investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $108.93.

Alexandria Real Estate Equities Company Profile

Alexandria Real Estate Equities, Inc (NYSE:ARE), an S&P 500 company, is an urban office real estate investment trust ("REIT") uniquely focused on collaborative life science and technology campuses in AAA innovation cluster locations, with a total market capitalization of $18.8 billion and an asset base in North America of 32.0 million SF as of June 30, 2018.

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

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