Gradient Investments LLC purchased a brand new stake in Alexandria Actual Property Equities, Inc. (NYSE:ARE – Get Ranking) within the 4th quarter, based on its most up-to-date submitting with the Securities & Change Fee. The institutional investor purchased 192,165 shares of the true property funding belief’s inventory, valued at roughly $27,993,000. Alexandria Actual Property Equities contains about 0.9% of Gradient Investments LLC’s funding portfolio, making the inventory its twenty seventh largest holding. Gradient Investments LLC owned roughly 0.12% of Alexandria Actual Property Equities as of its most up-to-date submitting with the Securities & Change Fee.
A number of different giant buyers have additionally just lately added to or decreased their stakes within the enterprise. Wedmont Non-public Capital bought a brand new place in shares of Alexandria Actual Property Equities in the course of the 4th quarter value about $304,000. Massmutual Belief Co. FSB ADV boosted its holdings in shares of Alexandria Actual Property Equities by 23.4% within the 4th quarter. Massmutual Belief Co. FSB ADV now owns 3,007 shares of the true property funding belief’s inventory valued at $438,000 after buying an extra 571 shares over the past quarter. Fulton Financial institution N.A. bought a brand new stake in shares of Alexandria Actual Property Equities in the course of the 4th quarter valued at $215,000. Robeco Institutional Asset Administration B.V. raised its place in shares of Alexandria Actual Property Equities by 6.1% within the third quarter. Robeco Institutional Asset Administration B.V. now owns 106,625 shares of the true property funding belief’s inventory value $14,948,000 after shopping for an extra 6,132 shares in the course of the interval. Lastly, Lecturers Retirement System of The State of Kentucky acquired a brand new place in Alexandria Actual Property Equities within the third quarter valued at $1,911,000. 89.81% of the inventory is presently owned by hedge funds and different institutional buyers.
Alexandria Actual Property Equities Inventory Down 2.3 %
NYSE ARE opened at $124.09 on Friday. The corporate’s 50 day easy shifting common is $153.27 and its 200 day easy shifting common is $148.44. The corporate has a market capitalization of $21.48 billion, a P/E ratio of 39.65, a PEG ratio of 1.83 and a beta of 0.95. The corporate has a debt-to-equity ratio of 0.45, a present ratio of 0.35 and a fast ratio of 0.35. Alexandria Actual Property Equities, Inc. has a 12 month low of $121.94 and a 12 month excessive of $206.85.
Alexandria Actual Property Equities (NYSE:ARE – Get Ranking) final introduced its quarterly earnings outcomes on Tuesday, January thirty first. The actual property funding belief reported $0.31 EPS for the quarter, lacking the consensus estimate of $2.13 by ($1.82). The agency had income of $670.28 million in the course of the quarter, in comparison with the consensus estimate of $674.21 million. Alexandria Actual Property Equities had a internet margin of 20.15% and a return on fairness of two.80%. The corporate’s quarterly income was up 16.2% in comparison with the identical quarter final yr. Throughout the identical interval within the earlier yr, the agency posted $1.97 EPS. Equities analysis analysts count on that Alexandria Actual Property Equities, Inc. will put up 8.95 earnings per share for the present fiscal yr.
Alexandria Actual Property Equities Dividend Announcement
The agency additionally just lately declared a quarterly dividend, which will likely be paid on Friday, April 14th. Shareholders of file on Friday, March thirty first will likely be paid a dividend of $1.21 per share. The ex-dividend date is Thursday, March thirtieth. This represents a $4.84 dividend on an annualized foundation and a yield of three.90%. Alexandria Actual Property Equities’s dividend payout ratio is presently 154.63%.
Wall Road Analyst Weigh In
ARE has been the subject of a lot of analysis experiences. JMP Securities restated a “purchase” score and issued a $180.00 value goal on shares of Alexandria Actual Property Equities in a report on Tuesday, January thirty first. JPMorgan Chase & Co. elevated their value goal on shares of Alexandria Actual Property Equities from $176.00 to $177.00 and gave the inventory an “chubby” score in a analysis report on Thursday, February 2nd. Mizuho lifted their goal value on shares of Alexandria Actual Property Equities from $178.00 to $180.00 and gave the corporate a “purchase” score in a report on Monday, February thirteenth. StockNews.com began protection on Alexandria Actual Property Equities in a report on Thursday. They issued a “maintain” score for the corporate. Lastly, Evercore ISI decreased their value goal on Alexandria Actual Property Equities to $168.00 in a analysis notice on Friday, December 2nd. Two analysis analysts have rated the inventory with a maintain score and 6 have assigned a purchase score to the corporate’s inventory. In response to MarketBeat.com, the corporate presently has a median score of “Reasonable Purchase” and a median value goal of $175.63.
Insider Shopping for and Promoting at Alexandria Actual Property Equities
In different information, Director Hunter Kass bought 3,803 shares of the agency’s inventory in a transaction dated Monday, February sixth. The shares have been bought at a median value of $167.45, for a complete transaction of $636,812.35. Following the completion of the transaction, the director now immediately owns 87,850 shares of the corporate’s inventory, valued at roughly $14,710,482.50. The transaction was disclosed in a authorized submitting with the Securities & Change Fee, which is on the market by means of this hyperlink. In different Alexandria Actual Property Equities information, EVP Marc E. Binda bought 3,298 shares of Alexandria Actual Property Equities inventory in a transaction on Monday, February sixth. The inventory was bought at a median value of $167.21, for a complete transaction of $551,458.58. Following the completion of the transaction, the manager vice chairman now immediately owns 67,005 shares of the corporate’s inventory, valued at $11,203,906.05. The sale was disclosed in a doc filed with the SEC, which may be accessed by means of this hyperlink. Additionally, Director Hunter Kass bought 3,803 shares of the enterprise’s inventory in a transaction on Monday, February sixth. The shares have been bought at a median value of $167.45, for a complete transaction of $636,812.35. Following the completion of the sale, the director now owns 87,850 shares within the firm, valued at roughly $14,710,482.50. The disclosure for this sale may be discovered right here. Insiders have bought 16,101 shares of firm inventory valued at $2,700,271 within the final 90 days. 0.96% of the inventory is presently owned by firm insiders.
Alexandria Actual Property Equities Profile
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 Higher Boston, the San Francisco Bay Space, New York Metropolis, San Diego, Seattle, Maryland, and Analysis Triangle.
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This prompt information alert was generated by narrative science expertise and monetary information from MarketBeat so as to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial crew previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.
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