SG Americas Securities LLC increased its position in Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 142.3% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 29,672 shares of the real estate investment trust’s stock after buying an additional 17,425 shares during the period. SG Americas Securities LLC’s holdings in Alexandria Real Estate Equities were worth $3,575,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. State of Wisconsin Investment Board boosted its stake in Alexandria Real Estate Equities by 45.9% in the second quarter. State of Wisconsin Investment Board now owns 118,092 shares of the real estate investment trust’s stock worth $14,227,000 after buying an additional 37,160 shares in the last quarter. Dupont Capital Management Corp boosted its stake in Alexandria Real Estate Equities by 259.6% in the second quarter. Dupont Capital Management Corp now owns 8,831 shares of the real estate investment trust’s stock worth $1,064,000 after buying an additional 6,375 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp boosted its stake in Alexandria Real Estate Equities by 7.1% in the second quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 39,266 shares of the real estate investment trust’s stock worth $4,730,000 after buying an additional 2,609 shares in the last quarter. Advisors Asset Management Inc. boosted its stake in Alexandria Real Estate Equities by 9.9% in the second quarter. Advisors Asset Management Inc. now owns 11,050 shares of the real estate investment trust’s stock worth $1,331,000 after buying an additional 999 shares in the last quarter. Finally, Rhumbline Advisers boosted its stake in Alexandria Real Estate Equities by 11.2% in the second quarter. Rhumbline Advisers now owns 177,179 shares of the real estate investment trust’s stock worth $21,345,000 after buying an additional 17,848 shares in the last quarter.

Shares of Alexandria Real Estate Equities, Inc. (ARE) opened at 120.01 on Friday. The stock has a market capitalization of $11.24 billion, a PE ratio of 270.90 and a beta of 0.86. The company’s 50 day moving average price is $120.39 and its 200 day moving average price is $116.47. Alexandria Real Estate Equities, Inc. has a 52-week low of $101.51 and a 52-week high of $123.89.

Alexandria Real Estate Equities (NYSE:ARE) last announced its earnings results on Monday, July 31st. The real estate investment trust reported $1.50 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.50. Alexandria Real Estate Equities had a return on equity of 3.11% and a net margin of 9.45%. The company had revenue of $273.10 million for the quarter, compared to analyst estimates of $277.40 million. During the same period in the prior year, the company posted $1.36 EPS. The firm’s quarterly revenue was up 20.8% compared to the same quarter last year. On average, equities research analysts anticipate that Alexandria Real Estate Equities, Inc. will post $1.46 EPS for the current year.

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A number of research firms have recently commented on ARE. BidaskClub raised Alexandria Real Estate Equities from a “sell” rating to a “hold” rating in a research note on Wednesday. Zacks Investment Research cut Alexandria Real Estate Equities from a “buy” rating to a “hold” rating in a research note on Thursday, August 10th. Barclays PLC increased their target price on Alexandria Real Estate Equities from $129.00 to $130.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 18th. Finally, TheStreet raised Alexandria Real Estate Equities from a “c” rating to a “b-” rating in a research note on Monday, May 1st. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $124.50.

In related news, insider Peter M. Moglia sold 2,000 shares of the company’s stock in a transaction dated Friday, June 16th. The stock was sold at an average price of $119.00, for a total transaction of $238,000.00. Following the transaction, the insider now directly owns 87,867 shares of the company’s stock, valued at approximately $10,456,173. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director James H. Richardson sold 4,000 shares of the company’s stock in a transaction dated Thursday, May 25th. The shares were sold at an average price of $117.89, for a total value of $471,560.00. Following the transaction, the director now directly owns 61,000 shares in the company, valued at $7,191,290. The disclosure for this sale can be found here. Insiders have sold a total of 48,893 shares of company stock worth $5,888,629 over the last ninety days. 1.60% of the stock is currently owned by corporate insiders.

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.

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

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