Alexandria Real Estate Equities, Inc. (NYSE:ARE) Holdings Raised by Lido Advisors LLC

Lido Advisors LLC grew its stake in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 19.4% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,527 shares of the real estate investment trust’s stock after acquiring an additional 898 shares during the period. Lido Advisors LLC’s holdings in Alexandria Real Estate Equities were worth $546,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Proficio Capital Partners LLC purchased a new position in Alexandria Real Estate Equities in the fourth quarter valued at about $29,000. EverSource Wealth Advisors LLC grew its stake in shares of Alexandria Real Estate Equities by 57.7% in the 4th quarter. EverSource Wealth Advisors LLC now owns 298 shares of the real estate investment trust’s stock valued at $29,000 after buying an additional 109 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new position in Alexandria Real Estate Equities in the third quarter worth approximately $43,000. Spire Wealth Management raised its position in Alexandria Real Estate Equities by 72.5% during the fourth quarter. Spire Wealth Management now owns 595 shares of the real estate investment trust’s stock valued at $58,000 after acquiring an additional 250 shares in the last quarter. Finally, Versant Capital Management Inc lifted its stake in Alexandria Real Estate Equities by 129.9% in the fourth quarter. Versant Capital Management Inc now owns 745 shares of the real estate investment trust’s stock valued at $73,000 after acquiring an additional 421 shares during the last quarter. 96.54% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on ARE shares. JMP Securities restated a “market outperform” rating and set a $130.00 price target on shares of Alexandria Real Estate Equities in a report on Wednesday, April 30th. Wedbush reaffirmed a “neutral” rating and issued a $104.00 price target on shares of Alexandria Real Estate Equities in a research report on Wednesday, January 29th. Jefferies Financial Group began coverage on Alexandria Real Estate Equities in a research note on Monday, March 17th. They set a “hold” rating and a $100.00 price target for the company. Finally, StockNews.com raised Alexandria Real Estate Equities from a “sell” rating to a “hold” rating in a research note on Thursday, April 3rd. Ten investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $118.60.

Alexandria Real Estate Equities Price Performance

NYSE:ARE opened at $74.44 on Monday. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.21 and a quick ratio of 0.21. Alexandria Real Estate Equities, Inc. has a one year low of $70.57 and a one year high of $130.14. The company has a fifty day moving average price of $88.13 and a 200 day moving average price of $97.98. The stock has a market cap of $12.88 billion, a P/E ratio of 41.36, a PEG ratio of 3.93 and a beta of 1.27.

Alexandria Real Estate Equities (NYSE:ARE) last released its earnings results on Monday, April 28th. The real estate investment trust reported $2.30 earnings per share for the quarter, beating the consensus estimate of $2.28 by $0.02. Alexandria Real Estate Equities had a net margin of 10.36% and a return on equity of 1.43%. The business had revenue of $758.16 million during the quarter, compared to analysts’ expectations of $755.64 million. During the same quarter last year, the company earned $2.35 earnings per share. The firm’s revenue was down 1.4% on a year-over-year basis. Analysts anticipate that Alexandria Real Estate Equities, Inc. will post 9.32 earnings per share for the current year.

Alexandria Real Estate Equities Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were paid a $1.32 dividend. The ex-dividend date was Monday, March 31st. This represents a $5.28 dividend on an annualized basis and a dividend yield of 7.09%. Alexandria Real Estate Equities’s payout ratio is 694.74%.

About Alexandria Real Estate Equities

Alexandria Real Estate Equities, Inc (NYSE: ARE), an S&P 500 company, is a best-in-class, mission-driven life science REIT making a positive and lasting impact on the world. As the pioneer of the life science real estate niche since our founding in 1994, Alexandria is the preeminent and longest-tenured owner, operator, and developer of collaborative life science, agtech, and advanced technology mega campuses in AAA innovation cluster locations, including Greater Boston, the San Francisco Bay Area, New York City, San Diego, Seattle, Maryland, and Research Triangle.