Riverview Belief Co bought a brand new stake in Alexandria Actual Property Equities, Inc. (NYSE:ARE – Get Rating) throughout the 1st quarter, Holdings Channel stories. The agency bought 159 shares of the actual property funding belief’s inventory, valued at roughly $32,000.
Quite a few different hedge funds have additionally made adjustments to their positions in ARE. Norges Financial institution acquired a brand new place in Alexandria Actual Property Equities throughout the 4th quarter valued at about $3,007,227,000. BlackRock Inc. elevated its stake in Alexandria Actual Property Equities by 6.0% throughout the 4th quarter. BlackRock Inc. now owns 14,913,187 shares of the actual property funding belief’s inventory valued at $3,325,044,000 after shopping for a further 842,831 shares throughout the interval. State Road Corp lifted its place in Alexandria Actual Property Equities by 9.9% within the fourth quarter. State Road Corp now owns 9,128,518 shares of the actual property funding belief’s inventory value $2,045,623,000 after buying a further 822,034 shares throughout the interval. Citigroup Inc. lifted its place in Alexandria Actual Property Equities by 101.4% within the fourth quarter. Citigroup Inc. now owns 737,792 shares of the actual property funding belief’s inventory value $164,498,000 after buying a further 371,428 shares throughout the interval. Lastly, Renaissance Applied sciences LLC lifted its place in Alexandria Actual Property Equities by 737.2% within the fourth quarter. Renaissance Applied sciences LLC now owns 301,400 shares of the actual property funding belief’s inventory value $67,200,000 after buying a further 265,400 shares throughout the interval. Institutional buyers personal 94.49% of the corporate’s inventory.
In different Alexandria Actual Property Equities information, Basic Counsel Jackie B. Clem offered 1,865 shares of Alexandria Actual Property Equities inventory in a transaction that occurred on Wednesday, April twenty seventh. The shares had been offered at a median value of $189.55, for a complete worth of $353,510.75. Following the completion of the sale, the overall counsel now immediately owns 24,039 shares within the firm, valued at $4,556,592.45. The transaction was disclosed in a submitting with the Securities & Change Fee, which is offered by means of this hyperlink. Additionally, main shareholder Actual Property Equitie Alexandria bought 3,500,000 shares of the corporate’s inventory in a transaction dated Monday, June twenty seventh. The shares had been acquired at a median value of $1.00 per share, for a complete transaction of $3,500,000.00. Following the acquisition, the insider now owns 4,555,077 shares within the firm, valued at $4,555,077. The disclosure for this buy might be discovered here. 0.96% of the inventory is at the moment owned by firm insiders.
A number of equities analysis analysts have commented on ARE shares. TheStreet lower shares of Alexandria Actual Property Equities from a “b-” ranking to a “c+” ranking in a analysis report on Friday, March eleventh. Credit score Suisse Group began protection on Alexandria Actual Property Equities in a report on Wednesday, June twenty second. They issued a “impartial” ranking and a $140.00 value goal on the inventory. Mizuho decreased their value goal on Alexandria Actual Property Equities from $219.00 to $172.00 and set a “purchase” ranking for the corporate in a analysis word on Thursday, June twenty third. Lastly, StockNews.com lowered Alexandria Actual Property Equities from a “maintain” ranking to a “promote” ranking in a analysis report on Thursday, April twenty eighth. One funding analyst has rated the inventory with a promote ranking, two have issued a maintain ranking and 5 have given a purchase ranking to the corporate. In response to MarketBeat.com, the corporate at the moment has a median ranking of “Average Purchase” and a consensus goal value of $166.17.
Shares of ARE stock opened at $148.13 on Monday. The corporate has a market capitalization of $24.18 billion, a price-to-earnings ratio of 53.09, a P/E/G ratio of two.28 and a beta of 0.88. Alexandria Actual Property Equities, Inc. has a 1-year low of $130.00 and a 1-year excessive of $224.95. The corporate has a present ratio of 0.40, a fast ratio of 0.40 and a debt-to-equity ratio of 0.51. The inventory’s fifty day easy shifting common is $159.33 and its 200-day easy shifting common is $185.00.
Alexandria Actual Property Equities (NYSE:ARE – Get Rating) final launched its earnings outcomes on Monday, April twenty fifth. The true property funding belief reported ($0.96) earnings per share for the quarter, lacking the consensus estimate of $0.75 by ($1.71). The enterprise had income of $615.10 million for the quarter, in comparison with analysts’ expectations of $595.35 million. Alexandria Actual Property Equities had a internet margin of 18.30% and a return on fairness of two.28%. The corporate’s income was up 28.2% in comparison with the identical quarter final yr. Throughout the identical interval final yr, the agency earned $1.91 EPS. On common, sell-side analysts predict that Alexandria Actual Property Equities, Inc. will put up 8.4 EPS for the present yr.
The enterprise additionally not too long ago declared a quarterly dividend, which will probably be paid on Friday, July fifteenth. Stockholders of report on Thursday, June thirtieth will probably be paid a $1.18 dividend. The ex-dividend date is Wednesday, June twenty ninth. This is a rise from Alexandria Actual Property Equities’s earlier quarterly dividend of $1.15. This represents a $4.72 dividend on an annualized foundation and a dividend yield of three.19%. Alexandria Actual Property Equities’s dividend payout ratio is 169.18%.
Alexandria Actual Property Equities Profile (Get Rating)
Alexandria Actual Property Equities, Inc (NYSE:ARE), an S&P 500<sup>®</sup> city workplace actual property funding belief (“REIT”), is the primary, longest-tenured, and pioneering proprietor, operator, and developer uniquely targeted on collaborative life science, expertise, and agtech campuses in AAA innovation cluster places, with a complete market capitalization of $31.9 billion as of December 31, 2020, and an asset base in North America of 49.7 million sq. toes (“SF”).
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