Alexandria Real Estate Equities, Inc. (NYSE:ARE) CEO Joel S. Marcus sold 27,500 shares of the business’s stock in a transaction dated Monday, December 4th. The stock was sold at an average price of $129.60, for a total transaction of $3,564,000.00. Following the sale, the chief executive officer now directly owns 623,936 shares in the company, valued at approximately $80,862,105.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Shares of Alexandria Real Estate Equities, Inc. (NYSE ARE) traded down $3.01 during trading on Wednesday, reaching $126.02. 1,278,500 shares of the company’s stock traded hands, compared to its average volume of 726,986. The company has a debt-to-equity ratio of 0.83, a current ratio of 0.21 and a quick ratio of 0.21. The stock has a market capitalization of $12,060.00, a PE ratio of 21.83, a PEG ratio of 3.68 and a beta of 0.84. Alexandria Real Estate Equities, Inc. has a twelve month low of $105.74 and a twelve month high of $130.46.

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

The company also recently announced a quarterly dividend, which will be paid on Monday, January 15th. Shareholders of record on Friday, December 29th will be issued a $0.90 dividend. The ex-dividend date of this dividend is Thursday, December 28th. This is a boost from Alexandria Real Estate Equities’s previous quarterly dividend of $0.86. This represents a $3.60 annualized dividend and a yield of 2.86%. Alexandria Real Estate Equities’s payout ratio is 390.91%.

A number of institutional investors have recently modified their holdings of the business. Vanguard Group Inc. raised its holdings in Alexandria Real Estate Equities by 6.6% in 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 buying an additional 970,646 shares during the last quarter. BlackRock Inc. raised its holdings in shares of Alexandria Real Estate Equities by 5.5% during the second quarter. BlackRock Inc. now owns 8,810,925 shares of the real estate investment trust’s stock valued at $1,061,452,000 after purchasing an additional 460,698 shares during the last quarter. State Street Corp raised its holdings in shares of Alexandria Real Estate Equities by 0.6% during the second quarter. State Street Corp now owns 4,999,505 shares of the real estate investment trust’s stock valued at $602,286,000 after purchasing an additional 30,229 shares during the last quarter. Principal Financial Group Inc. raised its holdings in shares of Alexandria Real Estate Equities by 14.5% during the third quarter. Principal Financial Group Inc. now owns 3,475,698 shares of the real estate investment trust’s stock valued at $413,502,000 after purchasing an additional 440,716 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its holdings in shares of Alexandria Real Estate Equities by 10.0% during the third quarter. Bank of New York Mellon Corp now owns 2,361,532 shares of the real estate investment trust’s stock valued at $280,951,000 after purchasing an additional 214,164 shares during the last quarter.

Several research firms recently commented on ARE. Zacks Investment Research lowered shares of Alexandria Real Estate Equities from a “buy” rating to a “hold” rating in a research note on Thursday, August 10th. BidaskClub lowered shares of Alexandria Real Estate Equities from a “hold” rating to a “sell” rating in a research note on Wednesday, August 9th. Bank of America raised shares of Alexandria Real Estate Equities from a “neutral” rating to a “buy” rating and set a $133.00 price objective on the stock in a research note on Monday. Mizuho reissued a “buy” rating and set a $140.00 price objective on shares of Alexandria Real Estate Equities in a research note on Wednesday, November 1st. Finally, National Bank Financial lowered shares of Alexandria Real Estate Equities from an “outperform” rating to a “sector perform” rating and dropped their price objective for the stock from $20.00 to $18.00 in a research note on Monday, October 23rd. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $113.17.

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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)

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