Barclays PLC Trims Stock Holdings in Alexandria Real Estate Equities, Inc. (NYSE:ARE)

Barclays PLC cut its holdings in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 25.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 244,758 shares of the real estate investment trust’s stock after selling 81,580 shares during the quarter. Barclays PLC’s holdings in Alexandria Real Estate Equities were worth $23,876,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in ARE. Norges Bank bought a new stake in shares of Alexandria Real Estate Equities in the fourth quarter worth $1,605,426,000. JPMorgan Chase & Co. grew its holdings in Alexandria Real Estate Equities by 212.9% during the 4th quarter. JPMorgan Chase & Co. now owns 8,265,880 shares of the real estate investment trust’s stock worth $806,337,000 after acquiring an additional 5,624,163 shares in the last quarter. PGGM Investments increased its position in shares of Alexandria Real Estate Equities by 3,602.0% in the 4th quarter. PGGM Investments now owns 958,857 shares of the real estate investment trust’s stock worth $93,537,000 after purchasing an additional 932,956 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of Alexandria Real Estate Equities in the 4th quarter worth about $34,170,000. Finally, Analyst IMS Investment Management Services Ltd. raised its stake in shares of Alexandria Real Estate Equities by 170.1% in the 4th quarter. Analyst IMS Investment Management Services Ltd. now owns 486,103 shares of the real estate investment trust’s stock valued at $47,419,000 after purchasing an additional 306,145 shares in the last quarter. 96.54% of the stock is owned by institutional investors and hedge funds.

Alexandria Real Estate Equities Stock Up 0.8 %

ARE stock opened at $77.76 on Friday. The stock has a market cap of $13.45 billion, a PE ratio of 43.20, a price-to-earnings-growth ratio of 3.93 and a beta of 1.24. The firm’s 50-day simple moving average is $92.31 and its 200 day simple moving average is $101.03. Alexandria Real Estate Equities, Inc. has a fifty-two week low of $71.57 and a fifty-two week high of $130.14. The company has a quick ratio of 0.21, a current ratio of 0.21 and a debt-to-equity ratio of 0.55.

Alexandria Real Estate Equities (NYSE:ARE) last released its quarterly earnings results on Monday, January 27th. The real estate investment trust reported $2.39 earnings per share for the quarter, beating analysts’ consensus estimates of $0.91 by $1.48. Alexandria Real Estate Equities had a return on equity of 1.43% and a net margin of 10.36%. As a group, sell-side analysts predict that Alexandria Real Estate Equities, Inc. will post 9.32 EPS for the current year.

Alexandria Real Estate Equities Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were paid a $1.32 dividend. The ex-dividend date was Monday, March 31st. This represents a $5.28 annualized dividend and a dividend yield of 6.79%. Alexandria Real Estate Equities’s payout ratio is 293.33%.

Wall Street Analysts Forecast Growth

ARE has been the subject of a number of research reports. Wedbush reiterated a “neutral” rating and issued a $104.00 price target on shares of Alexandria Real Estate Equities in a research note on Wednesday, January 29th. JMP Securities reiterated a “market outperform” rating and issued a $130.00 price target on shares of Alexandria Real Estate Equities in a report on Wednesday, January 29th. StockNews.com upgraded Alexandria Real Estate Equities from a “sell” rating to a “hold” rating in a research note on Thursday, April 3rd. Finally, Jefferies Financial Group assumed coverage on shares of Alexandria Real Estate Equities in a research note on Monday, March 17th. They set a “hold” rating and a $100.00 target price for the company. Ten equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $118.60.

Alexandria Real Estate Equities Company Profile

Alexandria Real Estate Equities, Inc (NYSE: ARE), an S&P 500 company, is a best-in-class, mission-driven life science REIT making a positive and lasting impact on the world. As the pioneer of the life science real estate niche since our founding in 1994, Alexandria is the preeminent and longest-tenured owner, operator, and developer of collaborative life science, agtech, and advanced technology mega campuses in AAA innovation cluster locations, including Greater Boston, the San Francisco Bay Area, New York City, San Diego, Seattle, Maryland, and Research Triangle.