Pensionfund DSM Netherlands Has $2,518,000 Stake in Alexandria Real Estate Equities, Inc. (ARE)

Pensionfund DSM Netherlands continued to hold its stake in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,900 shares of the real estate investment trust’s stock at the end of the second quarter. Pensionfund DSM Netherlands’ holdings in Alexandria Real Estate Equities were worth $2,518,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the stock. Perigon Wealth Management LLC increased its stake in shares of Alexandria Real Estate Equities by 395.0% in the first quarter. Perigon Wealth Management LLC now owns 990 shares of the real estate investment trust’s stock valued at $110,000 after buying an additional 790 shares during the last quarter. First Personal Financial Services boosted its stake in shares of Alexandria Real Estate Equities by 28.6% in the first quarter. First Personal Financial Services now owns 1,031 shares of the real estate investment trust’s stock valued at $114,000 after buying an additional 229 shares during the period. Ladenburg Thalmann Financial Services Inc. boosted its stake in shares of Alexandria Real Estate Equities by 4.1% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 1,040 shares of the real estate investment trust’s stock valued at $115,000 after buying an additional 41 shares during the period. Invictus RG bought a new stake in shares of Alexandria Real Estate Equities during the first quarter valued at about $133,000. Finally, Victory Capital Management Inc. bought a new stake in shares of Alexandria Real Estate Equities during the first quarter valued at about $179,000.

Alexandria Real Estate Equities, Inc. (NYSE ARE) opened at 121.00 on Monday. Alexandria Real Estate Equities, Inc. has a 52 week low of $101.51 and a 52 week high of $123.18. The company’s 50 day moving average is $119.56 and its 200-day moving average is $115.15. The firm’s market cap is $11.02 billion.

Alexandria Real Estate Equities (NYSE:ARE) last posted its quarterly earnings data on Monday, May 1st. The real estate investment trust reported $1.48 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.45 by $0.03. The business had revenue of $270.90 million during the quarter, compared to the consensus estimate of $261.67 million. Alexandria Real Estate Equities had a negative net margin of 5.03% and a positive return on equity of 0.22%. Alexandria Real Estate Equities’s quarterly revenue was up 25.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.34 EPS. Equities analysts expect that Alexandria Real Estate Equities, Inc. will post $1.62 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Monday, July 17th. Investors of record on Friday, June 30th were issued a dividend of $0.86 per share. This is an increase from Alexandria Real Estate Equities’s previous quarterly dividend of $0.83. This represents a $3.44 annualized dividend and a dividend yield of 2.84%. The ex-dividend date of this dividend was Wednesday, June 28th. Alexandria Real Estate Equities’s dividend payout ratio is currently -205.99%.

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ARE has been the subject of a number of recent analyst reports. Zacks Investment Research cut Alexandria Real Estate Equities from a “hold” rating to a “sell” rating in a research report on Tuesday, April 4th. BidaskClub upgraded Alexandria Real Estate Equities from a “hold” rating to a “buy” rating in a research note on Thursday, June 22nd. Barclays PLC lifted their price objective on Alexandria Real Estate Equities from $129.00 to $130.00 and gave the company an “overweight” rating in a research note on Tuesday, July 18th. Finally, TheStreet upgraded Alexandria Real Estate Equities from a “c” rating to a “b-” rating in a research note on Monday, May 1st. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $122.38.

In related news, CEO Joel S. Marcus sold 14,000 shares of the company’s stock in a transaction on Thursday, May 4th. The shares were sold at an average price of $112.92, for a total transaction of $1,580,880.00. Following the completion of the transaction, the chief executive officer now directly owns 723,829 shares in the company, valued at approximately $81,734,770.68. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director James H. Richardson sold 4,000 shares of the stock in a transaction on Thursday, May 25th. The shares were sold at an average price of $117.89, for a total transaction of $471,560.00. Following the completion of the transaction, the director now owns 61,000 shares of the company’s stock, valued at approximately $7,191,290. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 35,674 shares of company stock valued at $4,130,859. 1.51% of the stock is owned by insiders.

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.

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

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