Short Interest To Observe: Could Alexandria Real Estate Equity IN (NYSE:ARE) Go Down After Its Newest Short Interest Report?

November 23, 2016 - By Richard Conner   ·   0 Comments

Short Interest To Observe: Could Alexandria Real Estate Equity IN (NYSE:ARE) Go Down After Its Newest Short Interest Report?

The stock of Alexandria Real Estate Equity IN (NYSE:ARE) registered a decrease of 0.6% in short interest. ARE’s total short interest was 8.87M shares in November as published by FINRA. Its down 0.6% from 8.92 million shares, reported previously. With 538,000 shares average volume, it will take short sellers 17 days to cover their ARE’s short positions. The short interest to Alexandria Real Estate Equity IN’s float is 11.58%. The stock increased 2.32% or $2.52 during the last trading session, hitting $111.07. Alexandria Real Estate Equities Inc (NYSE:ARE) has risen 21.93% since April 21, 2016 and is uptrending. It has outperformed by 16.61% the S&P500.

Alexandria Real Estate Equities, Inc. is a real estate investment . The company has a market cap of $8.91 billion. The Firm is engaged in the business of providing office/laboratory and technology office space for lease to the science and technology industries. It currently has negative earnings. It is focused on collaborative science and technology campuses.

Insitutional Activity: The institutional sentiment decreased to 1.36 in 2016 Q2. Its down 0.14, from 1.5 in 2016Q1. The ratio fall, as 15 funds sold all Alexandria Real Estate Equities Inc shares owned while 88 reduced positions. 37 funds bought stakes while 118 increased positions. They now own 77.51 million shares or 9.12% more from 71.03 million shares in 2016Q1.
Advisors Asset Management Incorporated holds 1,900 shares or 0% of its portfolio. Arizona State Retirement Systems, a Arizona-based fund reported 31,328 shares. Stifel Financial Corp has 6,757 shares for 0% of their US portfolio. Cypress Asset Mgmt Tx owns 18,105 shares or 0.37% of their US portfolio. Presima Inc has invested 0.43% of its portfolio in Alexandria Real Estate Equities Inc (NYSE:ARE). Price T Rowe Associates Md owns 1.61 million shares or 0.04% of their US portfolio. Capstone Asset Mngmt holds 7,042 shares or 0.02% of its portfolio. Taylor Frigon Cap Mngmt has invested 0.99% of its portfolio in Alexandria Real Estate Equities Inc (NYSE:ARE). Carroll Fincl has invested 0% of its portfolio in Alexandria Real Estate Equities Inc (NYSE:ARE). Signaturefd owns 1,481 shares or 0.02% of their US portfolio. Schwab Charles Invest accumulated 493,947 shares or 0.06% of the stock. Oakbrook Invs Ltd Company accumulated 0.02% or 3,739 shares. Aviva Pcl accumulated 458,941 shares or 0.33% of the stock. Keeley Asset Mgmt accumulated 0.04% or 10,290 shares. The Rhode Island-based Blue Financial Cap Inc has invested 0.22% in Alexandria Real Estate Equities Inc (NYSE:ARE).

Insider Transactions: Since May 25, 2016, the stock had 0 insider buys, and 9 sales for $9.25 million net activity. The insider Andrews Thomas J sold $1.11M. 8,000 shares were sold by Moglia Peter M, worth $879,160. 7,000 shares were sold by Ryan Daniel J, worth $772,170 on Thursday, August 11. Another trade for 10,000 shares valued at $1.12 million was made by Richardson Stephen on Tuesday, August 9. 30,000 Alexandria Real Estate Equities Inc (NYSE:ARE) shares with value of $3.11M were sold by MARCUS JOEL S.

Alexandria Real Estate Equities Inc (NYSE:ARE) Ratings Coverage

Out of 5 analysts covering Alexandria Real Estate Equities Inc. (NYSE:ARE), 5 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $124 is the highest target while $96 is the lowest. The $112.20 average target is 1.02% above today’s ($111.07) stock price. Alexandria Real Estate Equities Inc. has been the topic of 12 analyst reports since August 24, 2015 according to StockzIntelligence Inc. BTIG Research initiated it with “Buy” rating and $124 target price in Thursday, August 25 report. Evercore maintained the shares of ARE in a report on Tuesday, September 8 with “Buy” rating. The company was upgraded on Tuesday, October 13 by JP Morgan. JP Morgan maintained Alexandria Real Estate Equities Inc (NYSE:ARE) on Tuesday, August 16 with “Overweight” rating. The firm has “Buy” rating given on Thursday, August 20 by Zacks. Barclays Capital maintained it with “Overweight” rating and $113 target price in Tuesday, July 19 report. The firm has “Buy” rating by Mizuho given on Monday, October 19. The firm has “Buy” rating by Mizuho given on Friday, July 8.

ARE Company Profile

Alexandria Real Estate Equities, Inc., incorporated on October 27, 1994, is a real estate investment (REIT). The Firm is engaged in the business of providing office/laboratory and technology office space for lease to the science and technology industries. The Firm is focused on collaborative science and technology campuses. It develops urban cluster campuses and ecosystems. It has approximately 200 properties and its asset base consists of approximately 30 million square feet, including over 20.1 million rentable square feet/foot (RSF) of operating properties and development and redevelopment projects under construction or pre-construction, as well as approximately 11.9 million square feet of future ground-up development projects. These operating properties and development projects include approximately 10 properties under real estate joint venture arrangements, of which approximately eight properties are held by consolidated real estate joint ventures and over three properties are held by unconsolidated real estate joint ventures.

More notable recent Alexandria Real Estate Equities Inc (NYSE:ARE) news were published by: Prnewswire.com which released: “Alexandria Real Estate Equities, Inc. Becomes First REIT to Be Named First-in …” on November 21, 2016, also Forbes.com with their article: “NYSE Becomes First Major Exchange To List Cannabis Company With Acceptance Of …” published on November 21, 2016, Nasdaq.com published: “Zacks.com featured highlights: Lancaster Colony, Sucampo Pharmaceuticals …” on November 22, 2016. More interesting news about Alexandria Real Estate Equities Inc (NYSE:ARE) were released by: Prnewswire.com and their article: “Alexandria Real Estate Equities, Inc. Announces Public Offering Of 6500000 …” published on July 06, 2016 as well as Prnewswire.com‘s news article titled: “Alexandria Real Estate Equities, Inc. Debuts Alexandria LaunchLabs and Seed …” with publication date: June 08, 2016.

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By Richard Conner


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