Alexandria Actual Property Equities, Inc. (NYSE:ARE – Get Score) has been given a consensus suggestion of “Average Purchase” by the 9 analysts which can be protecting the corporate, MarketBeat Scores studies. Two equities analysis analysts have rated the inventory with a maintain ranking and 6 have given a purchase ranking to the corporate. The typical 12 month value goal amongst analysts which have lined the inventory within the final yr is $172.63.
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ARE has been the topic of a number of analysis studies. JPMorgan Chase & Co. lifted their value goal on shares of Alexandria Actual Property Equities from $176.00 to $177.00 and gave the corporate an “chubby” ranking in a report on Thursday, February 2nd. Robert W. Baird boosted their goal value on Alexandria Actual Property Equities from $162.00 to $174.00 and gave the inventory an “outperform” ranking in a analysis report on Thursday, February 2nd. Mizuho raised their value goal on Alexandria Actual Property Equities from $178.00 to $180.00 and gave the inventory a “purchase” ranking in a analysis report on Monday, February thirteenth. JMP Securities reissued a “purchase” ranking and issued a $180.00 goal value on shares of Alexandria Actual Property Equities in a analysis report on Tuesday, January thirty first. Lastly, Evercore ISI dropped their goal value on shares of Alexandria Actual Property Equities from $155.00 to $144.00 and set an “outperform” ranking on the inventory in a report on Monday, March twenty seventh.
Insider Exercise at Alexandria Actual Property Equities
In different Alexandria Actual Property Equities information, Chairman Joel S. Marcus offered 9,000 shares of the inventory in a transaction on Tuesday, February seventh. The inventory was offered at a median value of $168.00, for a complete transaction of $1,512,000.00. Following the transaction, the chairman now owns 388,729 shares within the firm, valued at roughly $65,306,472. The transaction was disclosed in a doc filed with the Securities & Change Fee, which could be accessed by this hyperlink. In different information, Chairman Joel S. Marcus offered 9,000 shares of Alexandria Actual Property Equities inventory in a transaction on Tuesday, February seventh. The inventory was offered at a median value of $168.00, for a complete worth of $1,512,000.00. Following the transaction, the chairman now owns 388,729 shares within the firm, valued at roughly $65,306,472. The sale was disclosed in a submitting with the SEC, which is out there on the SEC web site. Additionally, EVP Marc E. Binda offered 3,298 shares of Alexandria Actual Property Equities inventory in a transaction dated Monday, February sixth. The shares have been offered at a median value of $167.21, for a complete worth of $551,458.58. Following the sale, the chief vp now straight owns 67,005 shares within the firm, valued at $11,203,906.05. The disclosure for this sale could be discovered right here. Over the past 90 days, insiders offered 16,101 shares of firm inventory valued at $2,700,271. Company insiders personal 0.96% of the corporate’s inventory.
Hedge Funds Weigh In On Alexandria Actual Property Equities
Hedge funds and different institutional buyers have not too long ago purchased and offered shares of the inventory. Inexperienced Alpha Advisors LLC lifted its holdings in shares of Alexandria Actual Property Equities by 6.4% through the first quarter. Inexperienced Alpha Advisors LLC now owns 13,066 shares of the actual property funding belief’s inventory valued at $1,641,000 after buying an extra 782 shares within the final quarter. Pensionfund DSM Netherlands grew its place in shares of Alexandria Actual Property Equities by 5.6% through the 1st quarter. Pensionfund DSM Netherlands now owns 18,700 shares of the actual property funding belief’s inventory price $2,349,000 after shopping for an extra 1,000 shares within the final quarter. Neo Ivy Capital Administration bought a brand new place in Alexandria Actual Property Equities within the fourth quarter valued at about $108,000. Voya Funding Administration LLC elevated its stake in Alexandria Actual Property Equities by 2.9% through the 4th quarter. Voya Funding Administration LLC now owns 55,772 shares of the actual property funding belief’s inventory valued at $8,124,000 after buying an extra 1,562 shares within the final quarter. Lastly, Natixis elevated its stake in shares of Alexandria Actual Property Equities by 95.4% within the fourth quarter. Natixis now owns 30,759 shares of the actual property funding belief’s inventory price $4,481,000 after buying an extra 15,015 shares through the interval. Hedge funds and different institutional buyers personal 89.81% of the corporate’s inventory.
Alexandria Actual Property Equities Inventory Up 0.6 %
Shares of ARE opened at $124.39 on Monday. The corporate’s 50-day transferring common value is $142.71 and its 200 day transferring common value is $144.96. Alexandria Actual Property Equities has a 12-month low of $114.94 and a 12-month excessive of $205.70. The agency has a market cap of $21.53 billion, a P/E ratio of 39.74, a price-to-earnings-growth ratio of 1.80 and a beta of 0.93. The corporate has a present ratio of 0.35, a fast ratio of 0.35 and a debt-to-equity ratio of 0.45.
Alexandria Actual Property Equities (NYSE:ARE – Get Score) final launched its quarterly earnings information on Tuesday, January thirty first. The true property funding belief reported $0.31 earnings per share for the quarter, lacking the consensus estimate of $2.13 by ($1.82). The agency had income of $670.28 million through the quarter, in comparison with analysts’ expectations of $674.21 million. Alexandria Actual Property Equities had a web margin of 20.15% and a return on fairness of two.80%. The enterprise’s income for the quarter was up 16.2% on a year-over-year foundation. Throughout the identical interval within the earlier yr, the enterprise earned $1.97 earnings per share. On common, sell-side analysts forecast that Alexandria Actual Property Equities will submit 8.97 earnings per share for the present yr.
Alexandria Actual Property Equities Declares Dividend
The enterprise additionally not too long ago declared a quarterly dividend, which can be paid on Friday, April 14th. Shareholders of report on Friday, March thirty first can be paid a $1.21 dividend. This represents a $4.84 dividend on an annualized foundation and a yield of three.89%. The ex-dividend date of this dividend is Thursday, March thirtieth. Alexandria Actual Property Equities’s payout ratio is at the moment 154.63%.
Alexandria Actual Property Equities Firm Profile
(Get Score)
Alexandria Actual Property Equities, Inc engages within the enterprise of offering area for lease. The agency can also be an proprietor, operator, and developer of life science, agrotechnology, and know-how campuses in Higher Boston, the San Francisco Bay Space, New York Metropolis, San Diego, Seattle, Maryland, and Analysis Triangle.
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