California State Academics Retirement System raised its stake in Alexandria Actual Property Equities, Inc. (NYSE:ARE – Get Score) by 1.1% in the course of the third quarter, in keeping with its most up-to-date submitting with the Securities and Trade Fee. The fund owned 269,239 shares of the actual property funding belief’s inventory after buying a further 2,864 shares in the course of the quarter. California State Academics Retirement System owned 0.16% of Alexandria Actual Property Equities price $37,745,000 on the finish of the newest reporting interval.
A number of different hedge funds and different institutional buyers additionally not too long ago modified their holdings of the inventory. Whittier Belief Co. grew its place in Alexandria Actual Property Equities by 4.6% within the third quarter. Whittier Belief Co. now owns 27,265 shares of the actual property funding belief’s inventory valued at $3,822,000 after shopping for a further 1,194 shares over the last quarter. FDx Advisors Inc. bought a brand new stake in shares of Alexandria Actual Property Equities within the third quarter valued at about $289,000. United Capital Monetary Advisers LLC elevated its stake in shares of Alexandria Actual Property Equities by 9.2% in the course of the second quarter. United Capital Monetary Advisers LLC now owns 8,038 shares of the actual property funding belief’s inventory price $1,166,000 after buying a further 676 shares in the course of the interval. Gamco Buyers INC. ET AL bought a brand new place in Alexandria Actual Property Equities in the course of the third quarter price about $215,000. Lastly, Lazard Asset Administration LLC lifted its place in Alexandria Actual Property Equities by 6.1% within the third quarter. Lazard Asset Administration LLC now owns 52,327 shares of the actual property funding belief’s inventory valued at $7,335,000 after buying a further 2,995 shares in the course of the interval. 89.81% of the inventory is at the moment owned by hedge funds and different institutional buyers.
Wall Avenue Analysts Forecast Development
ARE has been the subject of a number of current analyst studies. Mizuho boosted their goal worth on Alexandria Actual Property Equities from $178.00 to $180.00 and gave the inventory a “purchase” score in a analysis report on Monday, February thirteenth. JPMorgan Chase & Co. upped their worth goal on Alexandria Actual Property Equities from $176.00 to $177.00 and gave the inventory an “chubby” score in a report on Thursday, February 2nd. JMP Securities reissued a “purchase” score and issued a $180.00 goal worth on shares of Alexandria Actual Property Equities in a report on Tuesday, January thirty first. Evercore ISI lowered their worth goal on shares of Alexandria Actual Property Equities to $168.00 in a analysis be aware on Friday, December 2nd. Lastly, StockNews.com assumed protection on shares of Alexandria Actual Property Equities in a analysis be aware on Thursday. They issued a “maintain” score for the corporate. Two analysis analysts have rated the inventory with a maintain score and 6 have given a purchase score to the corporate’s inventory. Based on MarketBeat.com, the corporate at the moment has a consensus score of “Reasonable Purchase” and a median worth goal of $175.63.
Alexandria Actual Property Equities Buying and selling Down 2.6 %
NYSE:ARE opened at $120.87 on Friday. Alexandria Actual Property Equities, Inc. has a 52-week low of $118.48 and a 52-week excessive of $206.85. The corporate has a fast ratio of 0.35, a present ratio of 0.35 and a debt-to-equity ratio of 0.45. The inventory has a fifty day easy shifting common of $152.74 and a 200-day easy shifting common of $148.20. The corporate has a market capitalization of $20.92 billion, a PE ratio of 38.62, a price-to-earnings-growth ratio of 1.83 and a beta of 0.95.
Alexandria Actual Property Equities (NYSE:ARE – Get Score) final introduced its earnings outcomes on Tuesday, January thirty first. The actual property funding belief reported $0.31 earnings per share (EPS) for the quarter, lacking analysts’ consensus estimates of $2.13 by ($1.82). Alexandria Actual Property Equities had a return on fairness of two.80% and a web margin of 20.15%. The enterprise had income of $670.28 million for the quarter, in comparison with analyst estimates of $674.21 million. Throughout the identical quarter within the earlier yr, the agency posted $1.97 EPS. The enterprise’s income was up 16.2% on a year-over-year foundation. On common, equities analysis analysts count on that Alexandria Actual Property Equities, Inc. will publish 8.95 earnings per share for the present fiscal yr.
Alexandria Actual Property Equities Broadcasts Dividend
The enterprise additionally not too long ago declared a quarterly dividend, which shall be paid on Friday, April 14th. Shareholders of file on Friday, March thirty first shall be given a dividend of $1.21 per share. This represents a $4.84 annualized dividend and a yield of 4.00%. The ex-dividend date is Thursday, March thirtieth. Alexandria Actual Property Equities’s payout ratio is 154.63%.
Insider Transactions at Alexandria Actual Property Equities
In associated information, Chairman Joel S. Marcus offered 9,000 shares of the inventory in a transaction on Tuesday, February seventh. The inventory was offered at a median worth of $168.00, for a complete transaction of $1,512,000.00. Following the sale, the chairman now owns 388,729 shares of the corporate’s inventory, valued at $65,306,472. The transaction was disclosed in a submitting with the SEC, which might be accessed by this hyperlink. In associated information, Director Hunter Kass offered 3,803 shares of the corporate’s inventory in a transaction that occurred on Monday, February sixth. The shares had been offered at a median worth of $167.45, for a complete transaction of $636,812.35. Following the transaction, the director now owns 87,850 shares of the corporate’s inventory, valued at $14,710,482.50. The sale was disclosed in a authorized submitting with the Securities & Trade Fee, which is accessible by this hyperlink. Additionally, Chairman Joel S. Marcus offered 9,000 shares of Alexandria Actual Property Equities inventory in a transaction that occurred on Tuesday, February seventh. The inventory was offered at a median worth of $168.00, for a complete transaction of $1,512,000.00. Following the completion of the sale, the chairman now immediately owns 388,729 shares of the corporate’s inventory, valued at $65,306,472. The disclosure for this sale might be discovered right here. Insiders offered a complete of 16,101 shares of firm inventory valued at $2,700,271 during the last three months. 0.96% of the inventory is at the moment owned by insiders.
About Alexandria Actual Property Equities
Alexandria Actual Property Equities, Inc engages within the enterprise of offering area for lease. The agency can also be an proprietor, operator, and developer of life science, agrotechnology, and expertise campuses in Larger Boston, the San Francisco Bay Space, New York Metropolis, San Diego, Seattle, Maryland, and Analysis Triangle.
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