Sarasin & Partners LLP grew its position in shares of Alexandria Real Estate Equities Inc (NYSE:ARE) by 1.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 83,959 shares of the real estate investment trust’s stock after buying an additional 846 shares during the period. Sarasin & Partners LLP’s holdings in Alexandria Real Estate Equities were worth $10,964,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of ARE. Toronto Dominion Bank increased its position in shares of Alexandria Real Estate Equities by 14.9% in the third quarter. Toronto Dominion Bank now owns 35,406 shares of the real estate investment trust’s stock worth $4,211,000 after purchasing an additional 4,581 shares during the period. Green Street Investors LLC bought a new position in shares of Alexandria Real Estate Equities in the third quarter worth $2,736,000. GSA Capital Partners LLP bought a new position in shares of Alexandria Real Estate Equities in the third quarter worth $799,000. Westfield Capital Management Co. LP increased its position in shares of Alexandria Real Estate Equities by 28.4% in the third quarter. Westfield Capital Management Co. LP now owns 888,435 shares of the real estate investment trust’s stock worth $105,697,000 after purchasing an additional 196,501 shares during the period. Finally, Swiss National Bank increased its position in shares of Alexandria Real Estate Equities by 3.7% in the third quarter. Swiss National Bank now owns 335,800 shares of the real estate investment trust’s stock worth $39,950,000 after purchasing an additional 12,000 shares during the period. Institutional investors own 96.48% of the company’s stock.

In other Alexandria Real Estate Equities news, insider Peter M. Moglia sold 1,750 shares of Alexandria Real Estate Equities stock in a transaction dated Monday, December 4th. The stock was sold at an average price of $130.00, for a total value of $227,500.00. Following the transaction, the insider now owns 115,117 shares in the company, valued at $14,965,210. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Dean A. Shigenaga sold 29,000 shares of Alexandria Real Estate Equities stock in a transaction dated Friday, February 2nd. The shares were sold at an average price of $125.21, for a total value of $3,631,090.00. Following the completion of the transaction, the chief financial officer now owns 147,864 shares in the company, valued at approximately $18,514,051.44. The disclosure for this sale can be found here. In the last quarter, insiders sold 116,250 shares of company stock worth $14,752,120. Company insiders own 1.60% of the company’s stock.

ARE has been the topic of a number of recent analyst reports. Royal Bank of Canada restated a “hold” rating on shares of Alexandria Real Estate Equities in a research report on Monday, October 23rd. National Bank Financial cut Alexandria Real Estate Equities from an “outperform” rating to a “sector perform” rating and decreased their price target for the stock from $20.00 to $18.00 in a research report on Monday, October 23rd. Mizuho restated 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 upgraded Alexandria Real Estate Equities from a “sell” rating to a “hold” rating in a research report on Friday, November 3rd. Finally, Bank of America raised their price target on Alexandria Real Estate Equities from $129.00 to $133.00 and gave the stock a “neutral” rating in a research report on Monday, November 6th. Three research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $101.48.

Alexandria Real Estate Equities Inc (NYSE:ARE) opened at $114.58 on Friday. Alexandria Real Estate Equities Inc has a 12-month low of $106.89 and a 12-month high of $134.37. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.38 and a quick ratio of 0.38. The stock has a market capitalization of $12,043.38, a PE ratio of 72.98, a price-to-earnings-growth ratio of 2.69 and a beta of 0.79.

Alexandria Real Estate Equities (NYSE:ARE) last released its earnings results on Monday, January 29th. The real estate investment trust reported $0.38 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.54 by ($1.16). Alexandria Real Estate Equities had a net margin of 14.77% and a return on equity of 3.08%. The business had revenue of $298.79 million during the quarter, compared to the consensus estimate of $293.63 million. During the same quarter in the prior year, the firm earned $1.42 EPS. The business’s revenue was up 19.9% on a year-over-year basis. equities research analysts forecast that Alexandria Real Estate Equities Inc will post 6.56 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Monday, January 15th. Shareholders of record on Friday, December 29th were given a $0.90 dividend. This represents a $3.60 dividend on an annualized basis and a yield of 3.14%. The ex-dividend date was Thursday, December 28th. This is a boost from Alexandria Real Estate Equities’s previous quarterly dividend of $0.86. Alexandria Real Estate Equities’s payout ratio is currently 229.30%.

COPYRIGHT VIOLATION NOTICE: “Sarasin & Partners LLP Purchases 846 Shares of Alexandria Real Estate Equities Inc (ARE)” was originally posted by Daily Political and is the property of of Daily Political. If you are accessing this news story on another publication, it was illegally stolen and republished in violation of United States and international copyright and trademark laws. The correct version of this news story can be viewed at https://www.dailypolitical.com/2018/02/09/sarasin-partners-llp-purchases-846-shares-of-alexandria-real-estate-equities-inc-are.html.

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.

Want to see what other hedge funds are holding ARE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alexandria Real Estate Equities Inc (NYSE:ARE).

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

Receive News & Ratings for Alexandria Real Estate Equities Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alexandria Real Estate Equities and related companies with MarketBeat.com's FREE daily email newsletter.