Gradient Investments LLC purchased a brand new stake in Alexandria Actual Property Equities, Inc. (NYSE:ARE – Get Ranking) within the 4th quarter, in accordance with its most up-to-date submitting with the Securities & Alternate Fee. The institutional investor purchased 192,165 shares of the true property funding belief’s inventory, valued at roughly $27,993,000. Alexandria Actual Property Equities includes about 0.9% of Gradient Investments LLC’s funding portfolio, making the inventory its twenty seventh greatest holding. Gradient Investments LLC owned roughly 0.12% of Alexandria Actual Property Equities as of its most up-to-date submitting with the Securities & Alternate Fee.
→ Pressing Warning (From Weiss Scores)
A number of different giant buyers have additionally lately added to or decreased their stakes within the enterprise. Wedmont Personal Capital bought a brand new place in shares of Alexandria Actual Property Equities throughout the 4th quarter value about $304,000. Massmutual Belief Co. FSB ADV boosted its holdings in shares of Alexandria Actual Property Equities by 23.4% within the 4th quarter. Massmutual Belief Co. FSB ADV now owns 3,007 shares of the true property funding belief’s inventory valued at $438,000 after buying a further 571 shares over the past quarter. Fulton Financial institution N.A. bought a brand new stake in shares of Alexandria Actual Property Equities throughout the 4th quarter valued at $215,000. Robeco Institutional Asset Administration B.V. raised its place in shares of Alexandria Actual Property Equities by 6.1% within the third quarter. Robeco Institutional Asset Administration B.V. now owns 106,625 shares of the true property funding belief’s inventory value $14,948,000 after shopping for a further 6,132 shares throughout the interval. Lastly, Lecturers Retirement System of The State of Kentucky acquired a brand new place in Alexandria Actual Property Equities within the third quarter valued at $1,911,000. 89.81% of the inventory is at the moment owned by hedge funds and different institutional buyers.
Alexandria Actual Property Equities Inventory Down 2.3 %
NYSE ARE opened at $124.09 on Friday. The corporate’s 50 day easy transferring common is $153.27 and its 200 day easy transferring common is $148.44. The corporate has a market capitalization of $21.48 billion, a P/E ratio of 39.65, a PEG ratio of 1.83 and a beta of 0.95. The corporate has a debt-to-equity ratio of 0.45, a present ratio of 0.35 and a fast ratio of 0.35. Alexandria Actual Property Equities, Inc. has a 12 month low of $121.94 and a 12 month excessive of $206.85.
Alexandria Actual Property Equities (NYSE:ARE – Get Ranking) final introduced its quarterly earnings outcomes on Tuesday, January thirty first. The actual property funding belief reported $0.31 EPS for the quarter, lacking the consensus estimate of $2.13 by ($1.82). The agency had income of $670.28 million throughout the quarter, in comparison with the consensus estimate of $674.21 million. Alexandria Actual Property Equities had a web margin of 20.15% and a return on fairness of two.80%. The corporate’s quarterly income was up 16.2% in comparison with the identical quarter final 12 months. Throughout the identical interval within the earlier 12 months, the agency posted $1.97 EPS. Equities analysis analysts anticipate that Alexandria Actual Property Equities, Inc. will submit 8.95 earnings per share for the present fiscal 12 months.
Alexandria Actual Property Equities Dividend Announcement
The agency additionally lately declared a quarterly dividend, which can be paid on Friday, April 14th. Shareholders of file on Friday, March thirty first can be paid a dividend of $1.21 per share. The ex-dividend date is Thursday, March thirtieth. This represents a $4.84 dividend on an annualized foundation and a yield of three.90%. Alexandria Actual Property Equities’s dividend payout ratio is at the moment 154.63%.
Wall Road Analyst Weigh In
ARE has been the subject of plenty of analysis studies. JMP Securities restated a “purchase” ranking and issued a $180.00 value goal on shares of Alexandria Actual Property Equities in a report on Tuesday, January thirty first. JPMorgan Chase & Co. elevated their value goal on shares of Alexandria Actual Property Equities from $176.00 to $177.00 and gave the inventory an “obese” ranking in a analysis report on Thursday, February 2nd. Mizuho lifted their goal value on shares of Alexandria Actual Property Equities from $178.00 to $180.00 and gave the corporate a “purchase” ranking in a report on Monday, February thirteenth. StockNews.com began protection on Alexandria Actual Property Equities in a report on Thursday. They issued a “maintain” ranking for the corporate. Lastly, Evercore ISI decreased their value goal on Alexandria Actual Property Equities to $168.00 in a analysis observe on Friday, December 2nd. Two analysis analysts have rated the inventory with a maintain ranking and 6 have assigned a purchase ranking to the corporate’s inventory. In response to MarketBeat.com, the corporate at the moment has a mean ranking of “Average Purchase” and a mean value goal of $175.63.
Insider Shopping for and Promoting at Alexandria Actual Property Equities
In different information, Director Hunter Kass bought 3,803 shares of the agency’s inventory in a transaction dated Monday, February sixth. The shares have been bought at a mean value of $167.45, for a complete transaction of $636,812.35. Following the completion of the transaction, the director now straight owns 87,850 shares of the corporate’s inventory, valued at roughly $14,710,482.50. The transaction was disclosed in a authorized submitting with the Securities & Alternate Fee, which is offered by means of this hyperlink. In different Alexandria Actual Property Equities information, EVP Marc E. Binda bought 3,298 shares of Alexandria Actual Property Equities inventory in a transaction on Monday, February sixth. The inventory was bought at a mean value of $167.21, for a complete transaction of $551,458.58. Following the completion of the transaction, the chief vp now straight owns 67,005 shares of the corporate’s inventory, valued at $11,203,906.05. The sale was disclosed in a doc filed with the SEC, which might be accessed by means of this hyperlink. Additionally, Director Hunter Kass bought 3,803 shares of the enterprise’s inventory in a transaction on Monday, February sixth. The shares have been bought at a mean value of $167.45, for a complete transaction of $636,812.35. Following the completion of the sale, the director now owns 87,850 shares within the firm, valued at roughly $14,710,482.50. The disclosure for this sale might be discovered right here. Insiders have bought 16,101 shares of firm inventory valued at $2,700,271 within the final 90 days. 0.96% of the inventory is at the moment owned by firm insiders.
Alexandria Actual Property Equities Profile
(Get Ranking)
Alexandria Actual Property Equities, Inc engages within the enterprise of offering house for lease. The agency can also be an proprietor, operator, and developer of life science, agrotechnology, and know-how campuses in Larger Boston, the San Francisco Bay Space, New York Metropolis, San Diego, Seattle, Maryland, and Analysis Triangle.
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