September 23, 2017 – By Migdalia James
Sentiment for Alexandria Real Estate Equities Inc (NYSE:ARE)
Alexandria Real Estate Equities Inc (NYSE:ARE) institutional sentiment decreased to 1.44 in 2017 Q2. Its down -0.06, from 1.5 in 2017Q1. The ratio dropped, as 184 funds increased and started new equity positions, while 128 reduced and sold their stakes in Alexandria Real Estate Equities Inc. The funds in our partner’s database now have: 94.23 million shares, up from 93.91 million shares in 2017Q1. Also, the number of funds holding Alexandria Real Estate Equities Inc in their top 10 equity positions increased from 4 to 5 for an increase of 1. Sold All: 32 Reduced: 96 Increased: 139 New Position: 45.
Alexandria Real Estate Equities, Inc. is a real estate investment . The company has market cap of $10.93 billion. The Firm is engaged in the business of providing space for lease to the life science and technology industries. It has a 294.76 P/E ratio. It focuses on collaborative life science and technology campuses.
The stock decreased 1.07% or $1.28 on September 22, reaching $118.06. About 805,821 shares traded or 11.82% up from the average. Alexandria Real Estate Equities Inc (NYSE:ARE) has risen 25.81% since September 23, 2016 and is uptrending. It has outperformed by 9.11% the S&P500.
Investors wait Alexandria Real Estate Equities Inc (NYSE:ARE) to report on October, 30. its quarterly earnings Wall Street analysts expect $1.50 earnings per share, up $0.11 or 7.91 % from last year’s $1.39 same quarter earnings. This translates into $138.87M profit for ARE giving the stock a 19.68 P/E. This is assuming the current $1.50 EPS is accurate. Alexandria Real Estate Equities Inc’s Wall Street analysts see 0.00 % EPS growth, taking into account the $1.50 EPS reproted in the previous quarter,
V3 Capital Management L.P. holds 9.76% of its portfolio in Alexandria Real Estate Equities Inc for 330,637 shares. Resolution Capital Ltd owns 1.10 million shares or 6.31% of their US portfolio. Moreover, American Assets Capital Advisers has 4.81% invested in the company for 97,253 shares. The New York-based Apg Asset Management Us Inc. has invested 4.39% in the stock. Adelante Capital Management Llc, a California-based fund reported 601,109 shares.#img1#
Since January 1, 0001, it had 0 insider buys, and 9 sales for $4.93 million activity.
Alexandria Real Estate Equities Inc (NYSE:ARE) Ratings Coverage
Ratings analysis reveals 100% of Alexandria Real Estate Equities Inc.’s analysts are positive. Out of 5 Wall Street analysts rating Alexandria Real Estate Equities Inc., 5 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $96 while the high is $130. The stock’s average target of $115.60 is -2.08% below today’s ($118.06) share price. ARE was included in 14 notes of analysts from August 24, 2015. The stock of Alexandria Real Estate Equities Inc (NYSE:ARE) has “Overweight” rating given on Tuesday, July 19 by Barclays Capital. On Tuesday, August 16 the stock rating was maintained by JP Morgan with “Overweight”. The stock has “Overweight” rating by Barclays Capital on Tuesday, July 18. The rating was downgraded by Zacks on Thursday, August 20 to “Buy”. The company was upgraded on Tuesday, March 21 by Evercore. As per Tuesday, September 8, the company rating was maintained by Evercore. The firm has “Buy” rating by Mizuho given on Monday, October 19. On Friday, July 8 the stock rating was maintained by Mizuho with “Buy”. The stock of Alexandria Real Estate Equities Inc (NYSE:ARE) earned “Buy” rating by BTIG Research on Thursday, August 25. The stock of Alexandria Real Estate Equities Inc (NYSE:ARE) earned “Overweight” rating by JP Morgan on Tuesday, October 13.
More recent Alexandria Real Estate Equities Inc (NYSE:ARE) news were published by: Prnewswire.com which released: “Alexandria Real Estate Equities, Inc. Announces Completion of 100% Pre-Leasing …” on September 05, 2017. Also Nasdaq.com published the news titled: “Alexandria Real Estate (ARE) Down 2.1% Since Earnings Report: Can It Rebound?” on August 31, 2017. Prnewswire.com‘s news article titled: “Alexandria Real Estate Equities, Inc. Recognized for Leadership in …” with publication date: September 13, 2017 was also an interesting one.
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