Crossmark World Holdings Inc. decreased its stake in shares of Alexandria Actual Property Equities, Inc. (NYSE:ARE – Free Report) by 9.4% in the course of the third quarter, in accordance with its most up-to-date submitting with the Securities and Trade Fee. The institutional investor owned 5,064 shares of the actual property funding belief’s inventory after promoting 523 shares in the course of the interval. Crossmark World Holdings Inc.’s holdings in Alexandria Actual Property Equities have been value $602,000 as of its most up-to-date SEC submitting.
A number of different hedge funds and different institutional traders additionally lately modified their holdings of ARE. Catalyst Capital Advisors LLC purchased a brand new stake in Alexandria Actual Property Equities in the course of the third quarter valued at roughly $25,000. UMB Financial institution n.a. grew its stake in Alexandria Actual Property Equities by 132.8% within the second quarter. UMB Financial institution n.a. now owns 270 shares of the actual property funding belief’s inventory value $32,000 after buying an extra 154 shares in the course of the interval. Rothschild Funding LLC bought a brand new stake in Alexandria Actual Property Equities within the second quarter value $33,000. World X Japan Co. Ltd. purchased a brand new place in Alexandria Actual Property Equities within the second quarter value $43,000. Lastly, M&R Capital Administration Inc. bought a brand new place in Alexandria Actual Property Equities in the course of the third quarter valued at $50,000. Hedge funds and different institutional traders personal 96.54% of the corporate’s inventory.
Analyst Upgrades and Downgrades
A number of analysis analysts lately issued stories on ARE shares. Financial institution of America lowered shares of Alexandria Actual Property Equities from a “purchase” score to a “impartial” score and decreased their worth goal for the inventory from $151.00 to $126.00 in a analysis notice on Monday, July twenty ninth. Wedbush decreased their goal worth on shares of Alexandria Actual Property Equities from $130.00 to $120.00 and set a “impartial” score for the corporate in a analysis notice on Wednesday, October twenty third. JMP Securities dropped their worth goal on Alexandria Actual Property Equities from $140.00 to $130.00 and set a “market outperform” score on the inventory in a analysis report on Friday. Royal Financial institution of Canada reaffirmed a “sector carry out” score and set a $125.00 worth goal (down beforehand from $130.00) on shares of Alexandria Actual Property Equities in a analysis report on Thursday, October twenty fourth. Lastly, Robert W. Baird dropped their goal worth on Alexandria Actual Property Equities from $137.00 to $130.00 and set an “outperform” score on the inventory in a report on Friday, November eighth. 9 analysis analysts have rated the inventory with a maintain score and three have assigned a purchase score to the corporate. Based on MarketBeat, the inventory has a consensus score of “Maintain” and a median worth goal of $127.30.
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Alexandria Actual Property Equities Buying and selling Down 2.5 %
Shares of NYSE:ARE opened at $105.55 on Friday. The corporate has a debt-to-equity ratio of 0.56, a present ratio of 0.20 and a fast ratio of 0.20. Alexandria Actual Property Equities, Inc. has a 1 12 months low of $102.24 and a 1 12 months excessive of $135.45. The corporate has a market cap of $18.45 billion, a P/E ratio of 64.38, a PEG ratio of 4.08 and a beta of 1.16. The inventory’s fifty day transferring common worth is $117.32 and its 200-day transferring common worth is $117.92.
Alexandria Actual Property Equities (NYSE:ARE – Get Free Report) final posted its earnings outcomes on Monday, October twenty first. The actual property funding belief reported $0.96 earnings per share (EPS) for the quarter, lacking the consensus estimate of $2.38 by ($1.42). Alexandria Actual Property Equities had a internet margin of 9.62% and a return on fairness of 1.31%. The corporate had income of $791.60 million for the quarter, in comparison with the consensus estimate of $766.97 million. Throughout the identical quarter within the prior 12 months, the corporate posted $2.26 EPS. Alexandria Actual Property Equities’s income was up 10.9% on a year-over-year foundation. Promote-side analysts count on that Alexandria Actual Property Equities, Inc. will put up 9.47 earnings per share for the present 12 months.
Alexandria Actual Property Equities Dividend Announcement
The enterprise additionally lately introduced a quarterly dividend, which was paid on Tuesday, October fifteenth. Shareholders of report on Monday, September thirtieth got a $1.30 dividend. This represents a $5.20 dividend on an annualized foundation and a yield of 4.93%. The ex-dividend date of this dividend was Monday, September thirtieth. Alexandria Actual Property Equities’s dividend payout ratio (DPR) is presently 317.07%.
Alexandria Actual Property Equities Firm Profile
Alexandria Actual Property Equities, Inc (NYSE: ARE), an S&P 500 firm, is a best-in-class, mission-driven life science REIT making a constructive and lasting affect on the world. Because the pioneer of the life science actual property area of interest since our founding in 1994, Alexandria is the preeminent and longest-tenured proprietor, operator, and developer of collaborative life science, agtech, and superior expertise mega campuses in AAA innovation cluster places, together with Better Boston, the San Francisco Bay Space, New York Metropolis, San Diego, Seattle, Maryland, and Analysis Triangle.
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