Alexandria Real Estate Equities, Inc. (NYSE:ARE) EVP Thomas J. Andrews sold 5,000 shares of the stock in a transaction on Thursday, November 2nd. The stock was sold at an average price of $125.26, for a total transaction of $626,300.00. Following the completion of the sale, the executive vice president now owns 146,916 shares in the company, valued at $18,402,698.16. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Shares of Alexandria Real Estate Equities, Inc. (NYSE ARE) traded up $0.37 during mid-day trading on Monday, hitting $125.67. 452,709 shares of the stock traded hands, compared to its average volume of 530,586. 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 52 week low of $101.73 and a 52 week high of $126.52. The company has a market capitalization of $12,030.00, a P/E ratio of 21.20, a price-to-earnings-growth ratio of 3.45 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 analysts’ consensus estimates of $1.51 by ($0.96). The business had revenue of $285.60 million during 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 for the quarter was up 24.0% on a year-over-year basis. During the same period last year, the business posted $1.39 EPS. sell-side analysts predict that Alexandria Real Estate Equities, Inc. will post 6.02 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Monday, October 16th. Investors of record on Friday, September 29th were given a $0.86 dividend. This represents a $3.44 dividend on an annualized basis and a yield of 2.74%. The ex-dividend date was Thursday, September 28th. Alexandria Real Estate Equities’s dividend payout ratio (DPR) is currently 390.91%.

TRADEMARK VIOLATION WARNING: This piece was first reported by Watch List News and is owned by of Watch List News. If you are reading this piece on another site, it was illegally copied and reposted in violation of international copyright & trademark legislation. The correct version of this piece can be viewed at https://www.watchlistnews.com/alexandria-real-estate-equities-inc-are-evp-sells-626300-00-in-stock/1683758.html.

Several equities research analysts have recently issued reports on ARE shares. Bank of America Corporation increased their price objective 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. Zacks Investment Research raised shares of Alexandria Real Estate Equities from a “sell” rating to a “hold” rating in a research report on Friday. Mizuho reissued a “buy” rating and set a $140.00 price objective on shares of Alexandria Real Estate Equities in a research report on Wednesday, November 1st. National Bank Financial downgraded shares of Alexandria Real Estate Equities from an “outperform” rating to a “sector perform” rating and lowered their price objective 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 analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $113.17.

Institutional investors have recently added to or reduced their stakes in the stock. Muzinich & Co. Inc. grew its position in Alexandria Real Estate Equities by 30.4% in the second quarter. Muzinich & Co. Inc. now owns 943 shares of the real estate investment trust’s stock valued at $114,000 after purchasing an additional 220 shares in the last quarter. Capital Analysts LLC bought a new position in Alexandria Real Estate Equities in the second quarter valued at $125,000. First Personal Financial Services grew its position in Alexandria Real Estate Equities by 7.9% in the second quarter. First Personal Financial Services now owns 1,112 shares of the real estate investment trust’s stock valued at $134,000 after purchasing an additional 81 shares in the last quarter. Spirit of America Management Corp NY bought a new position in Alexandria Real Estate Equities in the third quarter valued at $154,000. Finally, Fox Run Management L.L.C. bought a new position in Alexandria Real Estate Equities in the third quarter valued at $226,000.

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.

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

Receive News & Ratings for Alexandria Real Estate Equities Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alexandria Real Estate Equities Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.