4,700 Shares in Alexandria Real Estate Equities, Inc. (ARE) Acquired by Shelton Capital Management

Shelton Capital Management bought a new stake in Alexandria Real Estate Equities, Inc. (NYSE:ARE) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 4,700 shares of the real estate investment trust’s stock, valued at approximately $566,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Vanguard Group Inc. grew its stake in Alexandria Real Estate Equities by 6.6% in the second quarter. Vanguard Group Inc. now owns 15,723,151 shares of the real estate investment trust’s stock valued at $1,894,168,000 after purchasing an additional 970,646 shares during the last quarter. BlackRock Inc. grew its stake in Alexandria Real Estate Equities by 5.5% in the second quarter. BlackRock Inc. now owns 8,810,925 shares of the real estate investment trust’s stock valued at $1,061,452,000 after purchasing an additional 460,698 shares during the last quarter. State Street Corp grew its stake in Alexandria Real Estate Equities by 31.4% in the first quarter. State Street Corp now owns 4,969,276 shares of the real estate investment trust’s stock valued at $549,191,000 after purchasing an additional 1,186,353 shares during the last quarter. Principal Financial Group Inc. grew its stake in Alexandria Real Estate Equities by 19.5% in the second quarter. Principal Financial Group Inc. now owns 3,034,982 shares of the real estate investment trust’s stock valued at $365,624,000 after purchasing an additional 494,964 shares during the last quarter. Finally, Cbre Clarion Securities LLC grew its stake in Alexandria Real Estate Equities by 67.5% in the second quarter. Cbre Clarion Securities LLC now owns 2,244,374 shares of the real estate investment trust’s stock valued at $270,380,000 after purchasing an additional 904,575 shares during the last quarter.

In other Alexandria Real Estate Equities news, EVP Thomas J. Andrews sold 5,000 shares of Alexandria Real Estate Equities stock in a transaction that occurred on Tuesday, September 5th. The stock was sold at an average price of $120.58, for a total value of $602,900.00. Following the transaction, the executive vice president now directly owns 158,000 shares in the company, valued at approximately $19,051,640. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Joel S. Marcus sold 25,000 shares of Alexandria Real Estate Equities stock in a transaction that occurred on Monday, September 25th. The shares were sold at an average price of $118.99, for a total value of $2,974,750.00. Following the completion of the transaction, the chief executive officer now owns 664,436 shares in the company, valued at $79,061,239.64. The disclosure for this sale can be found here. Insiders sold a total of 71,893 shares of company stock worth $8,645,989 over the last quarter. Company insiders own 1.51% of the company’s stock.

Shares of Alexandria Real Estate Equities, Inc. (ARE) traded up 0.03% during midday trading on Monday, reaching $120.49. The company had a trading volume of 7,842 shares. Alexandria Real Estate Equities, Inc. has a 52-week low of $101.51 and a 52-week high of $123.89. The stock has a market capitalization of $11.28 billion, a PE ratio of 271.99 and a beta of 0.87. The company’s 50 day moving average price is $119.80 and its 200 day moving average price is $117.82.

Alexandria Real Estate Equities (NYSE:ARE) last announced its earnings results on Monday, July 31st. The real estate investment trust reported $1.50 earnings per share for the quarter, meeting the consensus estimate of $1.50. Alexandria Real Estate Equities had a return on equity of 3.11% and a net margin of 9.45%. The company had revenue of $273.10 million for the quarter, compared to the consensus estimate of $277.40 million. During the same period last year, the business posted $1.36 EPS. The company’s revenue was up 20.8% on a year-over-year basis. Equities research analysts expect that Alexandria Real Estate Equities, Inc. will post $1.47 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Monday, October 16th. Shareholders of record on Friday, September 29th will be paid a $0.86 dividend. The ex-dividend date is Thursday, September 28th. This represents a $3.44 annualized dividend and a dividend yield of 2.86%. Alexandria Real Estate Equities’s dividend payout ratio (DPR) is currently 860.02%.

WARNING: This article was originally reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this article on another publication, it was illegally copied and republished in violation of US & international copyright & trademark law. The original version of this article can be viewed at https://ledgergazette.com/2017/10/09/4700-shares-in-alexandria-real-estate-equities-inc-are-acquired-by-shelton-capital-management.html.

Several equities analysts have issued reports on ARE shares. Zacks Investment Research lowered Alexandria Real Estate Equities from a “hold” rating to a “sell” rating in a research note on Tuesday, October 3rd. BidaskClub upgraded Alexandria Real Estate Equities from a “hold” rating to a “buy” rating in a research note on Thursday, June 22nd. Finally, Barclays PLC boosted their price target on Alexan

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Vanguard Group Inc. grew its stake in Alexandria Real Estate Equities by 6.6% in the second quarter. Vanguard Group Inc. now owns 15,723,151 shares of the real estate investment trust’s stock valued at $1,894,168,000 after purchasing an additional 970,646 shares during the last quarter. BlackRock Inc. grew its stake in Alexandria Real Estate Equities by 5.5% in the second quarter. BlackRock Inc. now owns 8,810,925 shares of the real estate investment trust’s stock valued at $1,061,452,000 after purchasing an additional 460,698 shares during the last quarter. State Street Corp grew its stake in Alexandria Real Estate Equities by 31.4% in the first quarter. State Street Corp now owns 4,969,276 shares of the real estate investment trust’s stock valued at $549,191,000 after purchasing an additional 1,186,353 shares during the last quarter. Principal Financial Group Inc. grew its stake in Alexandria Real Estate Equities by 19.5% in the second quarter. Principal Financial Group Inc. now owns 3,034,982 shares of the real estate investment trust’s stock valued at $365,624,000 after purchasing an additional 494,964 shares during the last quarter. Finally, Cbre Clarion Securities LLC grew its stake in Alexandria Real Estate Equities by 67.5% in the second quarter. Cbre Clarion Securities LLC now owns 2,244,374 shares of the real estate investment trust’s stock valued at $270,380,000 after purchasing an additional 904,575 shares during the last quarter.

In other Alexandria Real Estate Equities news, EVP Thomas J. Andrews sold 5,000 shares of Alexandria Real Estate Equities stock in a transaction that occurred on Tuesday, September 5th. The stock was sold at an average price of $120.58, for a total value of $602,900.00. Following the transaction, the executive vice president now directly owns 158,000 shares in the company, valued at approximately $19,051,640. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Joel S. Marcus sold 25,000 shares of Alexandria Real Estate Equities stock in a transaction that occurred on Monday, September 25th. The shares were sold at an average price of $118.99, for a total value of $2,974,750.00. Following the completion of the transaction, the chief executive officer now owns 664,436 shares in the company, valued at $79,061,239.64. The disclosure for this sale can be found here. Insiders sold a total of 71,893 shares of company stock worth $8,645,989 over the last quarter. Company insiders own 1.51% of the company’s stock.

Shares of Alexandria Real Estate Equities, Inc. (ARE) traded up 0.03% during midday trading on Monday, reaching $120.49. The company had a trading volume of 7,842 shares. Alexandria Real Estate Equities, Inc. has a 52-week low of $101.51 and a 52-week high of $123.89. The stock has a market capitalization of $11.28 billion, a PE ratio of 271.99 and a beta of 0.87. The company’s 50 day moving average price is $119.80 and its 200 day moving average price is $117.82.

Alexandria Real Estate Equities (NYSE:ARE) last announced its earnings results on Monday, July 31st. The real estate investment trust reported $1.50 earnings per share for the quarter, meeting the consensus estimate of $1.50. Alexandria Real Estate Equities had a return on equity of 3.11% and a net margin of 9.45%. The company had revenue of $273.10 million for the quarter, compared to the consensus estimate of $277.40 million. During the same period last year, the business posted $1.36 EPS. The company’s revenue was up 20.8% on a year-over-year basis. Equities research analysts expect that Alexandria Real Estate Equities, Inc. will post $1.47 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Monday, October 16th. Shareholders of record on Friday, September 29th will be paid a $0.86 dividend. The ex-dividend date is Thursday, September 28th. This represents a $3.44 annualized dividend and a dividend yield of 2.86%. Alexandria Real Estate Equities’s dividend payout ratio (DPR) is currently 860.02%.

WARNING: This article was originally reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this article on another publication, it was illegally copied and republished in violation of US & international copyright & trademark law. The original version of this article can be viewed at https://ledgergazette.com/2017/10/09/4700-shares-in-alexandria-real-estate-equities-inc-are-acquired-by-shelton-capital-management.html.

Several equities analysts have issued reports on ARE shares. Zacks Investment Research lowered Alexandria Real Estate Equities from a “hold” rating to a “sell” rating in a research note on Tuesday, October 3rd. BidaskClub upgraded Alexandria Real Estate Equities from a “hold” rating to a “buy” rating in a research note on Thursday, June 22nd. Finally, Barclays PLC boosted their price target on Alexandria Real Estate Equities from $129.00 to $130.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 18th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $128.25.

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.

Want to see what other hedge funds are holding ARE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alexandria Real Estate Equities, Inc. (NYSE:ARE).

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

Receive News & Ratings for Alexandria Real Estate Equities Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alexandria Real Estate Equities Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply