November 30, 2016 - By Peter Erickson · 0 Comments
Alexandria Real Estate Equities Inc (NYSE:ARE) institutional sentiment decreased to 1.36 in Q2 2016. Its down -0.14, from 1.5 in 2016Q1. The ratio has worsened, as 155 institutional investors started new and increased stock positions, while 103 cut down and sold equity positions in Alexandria Real Estate Equities Inc. The institutional investors in our partner’s database now possess: 77.51 million shares, up from 71.03 million shares in 2016Q1. Also, the number of institutional investors holding Alexandria Real Estate Equities Inc in their top 10 stock positions was flat from 4 to 4 for the same number . Sold All: 15 Reduced: 88 Increased: 118 New Position: 37.
Alexandria Real Estate Equities, Inc. is a real estate investment . The company has a market cap of $8.75 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.
About 113,197 shares traded hands. Alexandria Real Estate Equities Inc (NYSE:ARE) has risen 19.19% since April 27, 2016 and is uptrending. It has outperformed by 13.97% the S&P500.
Analysts await Alexandria Real Estate Equities Inc (NYSE:ARE) to report earnings on February, 6. They expect $1.43 EPS, up 7.52% or $0.10 from last year’s $1.33 per share. ARE’s profit will be $113.10 million for 19.34 P/E if the $1.43 EPS becomes a reality. After $1.39 actual EPS reported by Alexandria Real Estate Equities Inc for the previous quarter, Wall Street now forecasts 2.88% EPS growth.
According to Zacks Investment Research, “Alexandria Real Estate Equities, Inc., Landlord and Developer of Choice to the Life Science Industry, is a publicly-traded real estate investment trust focused principally on the ownership, operation, management, selective redevelopment, development and acquisition of life science properties. Our properties are designed and improved for lease primarily to institutional, pharmaceutical, biotechnology, medical device, life science product, service, biodefense and translational medicine entities, as well as governmental agencies.”
Resolution Capital Ltd holds 4.83% of its portfolio in Alexandria Real Estate Equities Inc for 709,647 shares. Apg Asset Management Us Inc. owns 5.88 million shares or 4.75% of their US portfolio. Moreover, American Assets Capital Advisers has 4.66% invested in the company for 69,954 shares. The Florida-based Real Estate Management Services Llc has invested 3.9% in the stock. Harrison Street Securities Llc, a Illinois-based fund reported 5,938 shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 0 buys, and 9 insider sales for $9.25 million net activity.
Ratings analysis reveals 100% of Alexandria Real Estate Equities Inc.’s analysts are positive. Out of 5 Wall Street analysts rating Alexandria Real Estate Equities Inc., 5 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $96 while the high is $124. The stock’s average target of $112.20 is 1.42% above today’s ($110.63) share price. ARE was included in 12 notes of analysts from August 24, 2015. Mizuho maintained the stock with “Buy” rating in Friday, July 8 report. Evercore maintained it with “Buy” rating and $100 target price in Tuesday, September 8 report. On Monday, October 19 the stock rating was maintained by Mizuho with “Buy”. The rating was maintained by Barclays Capital with “Overweight” on Tuesday, July 19. The firm has “Overweight” rating by JP Morgan given on Tuesday, August 16. BTIG Research initiated Alexandria Real Estate Equities Inc (NYSE:ARE) rating on Thursday, August 25. BTIG Research has “Buy” rating and $124 price target. JP Morgan upgraded Alexandria Real Estate Equities Inc (NYSE:ARE) on Tuesday, October 13 to “Overweight” rating. The stock of Alexandria Real Estate Equities Inc (NYSE:ARE) has “Buy” rating given on Thursday, August 20 by Zacks.
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. Announces Long-Term 294000 RSF, Full …” on November 30, 2016, also Prnewswire.com with their article: “Alexandria Real Estate Equities, Inc. Becomes First REIT to Be Named First-in …” published on November 21, 2016, Prnewswire.com published: “Alexandria Real Estate Equities, Inc. Debuts Alexandria LaunchLabs and Seed …” on June 08, 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 Labusinessjournal.com‘s news article titled: “Alexandria Real Estate Equities Aims at New Pasadena Home” with publication date: July 12, 2016.
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By Peter Erickson