Amica Retiree Medical Trust acquired a new stake in Alexandria Real Estate Equities, Inc. (NYSE:ARE) during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 3,323 shares of the real estate investment trust’s stock, valued at approximately $395,000.

Several other large investors also recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its position in Alexandria Real Estate Equities by 6.6% during the second quarter. Vanguard Group Inc. now owns 15,723,151 shares of the real estate investment trust’s stock worth $1,894,168,000 after purchasing an additional 970,646 shares during the period. Cbre Clarion Securities LLC lifted its holdings in shares of Alexandria Real Estate Equities by 67.5% in the second quarter. Cbre Clarion Securities LLC now owns 2,244,374 shares of the real estate investment trust’s stock worth $270,380,000 after acquiring an additional 904,575 shares during the last quarter. Janus Henderson Group PLC lifted its holdings in shares of Alexandria Real Estate Equities by 724.8% in the second quarter. Janus Henderson Group PLC now owns 954,257 shares of the real estate investment trust’s stock worth $114,975,000 after acquiring an additional 838,568 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Alexandria Real Estate Equities by 60.6% in the second quarter. Bank of New York Mellon Corp now owns 2,147,368 shares of the real estate investment trust’s stock worth $258,693,000 after acquiring an additional 810,466 shares during the last quarter. Finally, Westfield Capital Management Co. LP bought a new position in shares of Alexandria Real Estate Equities in the second quarter worth about $83,357,000.

In other news, EVP Thomas J. Andrews sold 5,000 shares of the firm’s stock in a transaction that occurred on Monday, September 11th. The shares were sold at an average price of $120.41, for a total transaction of $602,050.00. Following the completion of the sale, the executive vice president now owns 153,000 shares of the company’s stock, valued at approximately $18,422,730. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Joel S. Marcus sold 25,000 shares of the stock in a transaction on Monday, September 25th. The stock was sold at an average price of $118.99, for a total value of $2,974,750.00. Following the completion of the transaction, the chief executive officer now owns 664,436 shares in the company, valued at $79,061,239.64. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 40,000 shares of company stock valued at $4,806,000. Insiders own 1.60% of the company’s stock.

Shares of Alexandria Real Estate Equities, Inc. (NYSE ARE) opened at $126.95 on Friday. The firm has a market cap of $12,151.38, a P/E ratio of 21.48, a price-to-earnings-growth ratio of 3.50 and a beta of 0.85. The company has a current ratio of 0.21, a quick ratio of 0.21 and a debt-to-equity ratio of 0.83. Alexandria Real Estate Equities, Inc. has a 52-week low of $105.74 and a 52-week high of $128.29.

Alexandria Real Estate Equities (NYSE:ARE) last announced its quarterly earnings data on Monday, October 30th. The real estate investment trust reported $0.55 EPS for the quarter, missing the consensus estimate of $1.51 by ($0.96). The company had revenue of $285.60 million for the quarter, compared to analyst estimates of $286.11 million. Alexandria Real Estate Equities had a return on equity of 3.69% and a net margin of 13.21%. The business’s quarterly revenue was up 24.0% compared to the same quarter last year. During the same period last year, the business earned $1.39 EPS. equities research analysts forecast that Alexandria Real Estate Equities, Inc. will post 6.02 earnings per share for the current fiscal year.

A number of research analysts have recently commented on the stock. BidaskClub raised shares of Alexandria Real Estate Equities from a “sell” rating to a “hold” rating in a report on Wednesday, August 16th. Zacks Investment Research raised shares of Alexandria Real Estate Equities from a “hold” rating to a “buy” rating and set a $135.00 target price for the company in a report on Wednesday, August 9th. Royal Bank Of Canada reaffirmed a “hold” rating on shares of Alexandria Real Estate Equities in a research note on Monday, October 23rd. National Bank Financial downgraded Alexandria Real Estate Equities from an “outperform” rating to a “sector perform” rating and lowered their price objective for the company from $20.00 to $18.00 in a research note on Monday, October 23rd. Finally, Bank of America Corporation upped their price objective on Alexandria Real Estate Equities from $129.00 to $133.00 and gave the company a “neutral” rating in a research note on Monday, November 6th. Five investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $113.17.

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Alexandria Real Estate Equities 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.

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Institutional Ownership by Quarter for Alexandria Real Estate Equities (NYSE:ARE)

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