FDx Advisors Inc. lifted its holdings in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 44.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,651 shares of the real estate investment trust’s stock after purchasing an additional 1,430 shares during the quarter. FDx Advisors Inc.’s holdings in Alexandria Real Estate Equities were worth $553,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Muzinich & Co. Inc. lifted its stake in Alexandria Real Estate Equities by 30.4% during the 2nd quarter. Muzinich & Co. Inc. now owns 943 shares of the real estate investment trust’s stock worth $114,000 after acquiring an additional 220 shares in the last quarter. Capital Analysts LLC acquired a new position in Alexandria Real Estate Equities during the 2nd quarter worth about $125,000. First Personal Financial Services lifted its stake in Alexandria Real Estate Equities by 7.9% during the 2nd quarter. First Personal Financial Services now owns 1,112 shares of the real estate investment trust’s stock worth $134,000 after acquiring an additional 81 shares in the last quarter. Spirit of America Management Corp NY acquired a new position in Alexandria Real Estate Equities during the 3rd quarter worth about $154,000. Finally, Fox Run Management L.L.C. acquired a new position in Alexandria Real Estate Equities during the 3rd quarter worth about $226,000.

Shares of Alexandria Real Estate Equities, Inc. (NYSE ARE) opened at $126.21 on Friday. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.21 and a current ratio of 0.21. Alexandria Real Estate Equities, Inc. has a 12-month low of $105.74 and a 12-month high of $127.15. The firm has a market capitalization of $12,080.57, a PE ratio of 21.36, a PEG ratio of 3.48 and a beta of 0.85.

Alexandria Real Estate Equities (NYSE:ARE) last released its quarterly earnings results on Monday, October 30th. The real estate investment trust reported $0.55 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.51 by ($0.96). The firm had revenue of $285.60 million for 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 company’s quarterly revenue was up 24.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.39 EPS. research analysts forecast that Alexandria Real Estate Equities, Inc. will post 6.02 earnings per share for the current fiscal year.

ARE has been the topic of a number of analyst reports. Mizuho reaffirmed a “buy” rating and issued a $140.00 price target on shares of Alexandria Real Estate Equities in a research report on Wednesday, November 1st. Zacks Investment Research raised Alexandria Real Estate Equities from a “hold” rating to a “buy” rating and set a $135.00 price target on the stock in a research report on Wednesday, August 9th. BidaskClub raised Alexandria Real Estate Equities from a “sell” rating to a “hold” rating in a research report on Wednesday, August 16th. Royal Bank Of Canada reaffirmed a “hold” rating on shares of Alexandria Real Estate Equities in a research report on Monday, October 23rd. Finally, Bank of America Corporation increased their price target on Alexandria Real Estate Equities from $129.00 to $133.00 and gave the company a “neutral” rating in a research report on Monday, November 6th. Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Alexandria Real Estate Equities presently has a consensus rating of “Hold” and an average target price of $113.17.

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In related news, CEO Joel S. Marcus sold 25,000 shares of the firm’s stock in a transaction that occurred on Monday, September 25th. The stock was sold at an average price of $118.99, for a total transaction of $2,974,750.00. Following the transaction, the chief executive officer now owns 664,436 shares in the company, valued at approximately $79,061,239.64. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Thomas J. Andrews sold 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 2nd. The stock was sold at an average price of $125.26, for a total value of $626,300.00. Following the transaction, the executive vice president now owns 146,916 shares in the company, valued at approximately $18,402,698.16. The disclosure for this sale can be found here. Insiders have sold a total of 40,000 shares of company stock worth $4,806,000 in the last 90 days. 1.60% of the stock is currently owned by company 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.

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

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