Nomura Holdings Inc. Purchases New Position in Alexandria Real Estate Equities, Inc. (ARE)

Nomura Holdings Inc. purchased a new position in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 6,890 shares of the real estate investment trust’s stock, valued at approximately $830,000.

A number of other large investors have also modified their holdings of the stock. Raymond James Financial Services Advisors Inc. acquired a new stake in Alexandria Real Estate Equities during the 2nd quarter worth $3,316,000. The Manufacturers Life Insurance Company boosted its stake in Alexandria Real Estate Equities by 5.0% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 96,988 shares of the real estate investment trust’s stock worth $11,684,000 after purchasing an additional 4,651 shares during the period. Cubist Systematic Strategies LLC boosted its stake in Alexandria Real Estate Equities by 20.8% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 2,900 shares of the real estate investment trust’s stock worth $349,000 after purchasing an additional 500 shares during the period. State Street Corp boosted its stake in Alexandria Real Estate Equities by 0.6% during the 2nd quarter. State Street Corp now owns 4,999,505 shares of the real estate investment trust’s stock worth $602,286,000 after purchasing an additional 30,229 shares during the period. Finally, Gotham Asset Management LLC boosted its stake in Alexandria Real Estate Equities by 159.1% during the 2nd quarter. Gotham Asset Management LLC now owns 10,654 shares of the real estate investment trust’s stock worth $1,283,000 after purchasing an additional 6,542 shares during the period.

TRADEMARK VIOLATION WARNING: This report was first published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this report on another site, it was illegally stolen and republished in violation of international copyright laws. The original version of this report can be read at https://ledgergazette.com/2017/10/19/nomura-holdings-inc-purchases-new-position-in-alexandria-real-estate-equities-inc-are.html.

Shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) opened at 123.17 on Thursday. The firm has a market cap of $11.53 billion, a PE ratio of 278.04 and a beta of 0.87. The stock has a 50 day moving average of $120.41 and a 200 day moving average of $118.57. Alexandria Real Estate Equities, Inc. has a 1-year low of $101.73 and a 1-year high of $124.37.

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

The company also recently declared a quarterly dividend, which was paid on Monday, October 16th. Stockholders of record on Friday, September 29th were issued a dividend of $0.86 per share. This represents a $3.44 annualized dividend and a dividend yield of 2.79%. The ex-dividend date of this dividend was Thursday, September 28th. Alexandria Real Estate Equities’s dividend payout ratio (DPR) is 860.02%.

A number of brokerages recently weighed in on ARE. Zacks Investment Research cut shares of Alexandria Real Estate Equities from a “buy” rating to a “hold” rating in a research note on Wednesday, July 19th. Barclays PLC increased their price target on shares of 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. Finally, BidaskClub cut shares of Alexandria Real Estate Equities from a “buy” rating to a “hold” rating in a research note on Saturday, July 8th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $128.25.

In other news, CEO Joel S. Marcus sold 15,500 shares of the business’s stock in a transaction on Tuesday, August 15th. The shares were sold at an average price of $121.16, for a total transaction of $1,877,980.00. Following the completion of the transaction, the chief executive officer now owns 689,436 shares of the company’s stock, valued at $83,532,065.76. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Joel S. Marcus sold 13,893 shares of the business’s stock in a transaction on Friday, August 4th. The shares were sold at an average price of $121.22, for a total transaction of $1,684,109.46. Following the transaction, the chief executive officer now directly owns 705,829 shares of the company’s stock, valued at approximately $85,560,591.38. The disclosure for this sale can be found TRADEMARK VIOLATION WARNING: This report was first published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this report on another site, it was illegally stolen and republished in violation of international copyright laws. The original version of this report can be read at https://ledgergazette.com/2017/10/19/nomura-holdings-inc-purchases-new-position-in-alexandria-real-estate-equities-inc-are.html.

Shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) opened at 123.17 on Thursday. The firm has a market cap of $11.53 billion, a PE ratio of 278.04 and a beta of 0.87. The stock has a 50 day moving average of $120.41 and a 200 day moving average of $118.57. Alexandria Real Estate Equities, Inc. has a 1-year low of $101.73 and a 1-year high of $124.37.

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

The company also recently declared a quarterly dividend, which was paid on Monday, October 16th. Stockholders of record on Friday, September 29th were issued a dividend of $0.86 per share. This represents a $3.44 annualized dividend and a dividend yield of 2.79%. The ex-dividend date of this dividend was Thursday, September 28th. Alexandria Real Estate Equities’s dividend payout ratio (DPR) is 860.02%.

A number of brokerages recently weighed in on ARE. Zacks Investment Research cut shares of Alexandria Real Estate Equities from a “buy” rating to a “hold” rating in a research note on Wednesday, July 19th. Barclays PLC increased their price target on shares of 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. Finally, BidaskClub cut shares of Alexandria Real Estate Equities from a “buy” rating to a “hold” rating in a research note on Saturday, July 8th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $128.25.

In other news, CEO Joel S. Marcus sold 15,500 shares of the business’s stock in a transaction on Tuesday, August 15th. The shares were sold at an average price of $121.16, for a total transaction of $1,877,980.00. Following the completion of the transaction, the chief executive officer now owns 689,436 shares of the company’s stock, valued at $83,532,065.76. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Joel S. Marcus sold 13,893 shares of the business’s stock in a transaction on Friday, August 4th. The shares were sold at an average price of $121.22, for a total transaction of $1,684,109.46. Following the transaction, the chief executive officer now directly owns 705,829 shares of the company’s stock, valued at approximately $85,560,591.38. The disclosure for this sale can be found here. In the last three months, insiders have sold 71,893 shares of company stock valued at $8,645,989. Corporate insiders own 1.60% of the company’s stock.

Alexandria Real Estate Equities Company Profile

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.

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

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