Alexandria Real Estate Equities, Inc. (NYSE:ARE) Shares Purchased by Leeward Investments LLC MA

Leeward Investments LLC MA increased its stake in Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 4.0% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 108,231 shares of the real estate investment trust’s stock after purchasing an additional 4,154 shares during the period. Leeward Investments LLC MA owned 0.06% of Alexandria Real Estate Equities worth $13,952,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of ARE. Fulton Bank N.A. grew its holdings in shares of Alexandria Real Estate Equities by 4.2% during the first quarter. Fulton Bank N.A. now owns 2,074 shares of the real estate investment trust’s stock valued at $267,000 after buying an additional 83 shares during the last quarter. Parkside Financial Bank & Trust grew its stake in Alexandria Real Estate Equities by 29.2% during the 4th quarter. Parkside Financial Bank & Trust now owns 376 shares of the real estate investment trust’s stock valued at $48,000 after purchasing an additional 85 shares during the last quarter. Arbor Capital Management Inc. ADV increased its holdings in shares of Alexandria Real Estate Equities by 1.3% in the fourth quarter. Arbor Capital Management Inc. ADV now owns 8,606 shares of the real estate investment trust’s stock valued at $1,079,000 after purchasing an additional 109 shares during the period. Taylor Frigon Capital Management LLC raised its stake in shares of Alexandria Real Estate Equities by 0.7% in the first quarter. Taylor Frigon Capital Management LLC now owns 16,234 shares of the real estate investment trust’s stock worth $2,093,000 after purchasing an additional 112 shares during the last quarter. Finally, Thompson Investment Management Inc. lifted its holdings in shares of Alexandria Real Estate Equities by 0.4% during the first quarter. Thompson Investment Management Inc. now owns 29,390 shares of the real estate investment trust’s stock worth $3,789,000 after purchasing an additional 128 shares during the period. Hedge funds and other institutional investors own 96.54% of the company’s stock.

Alexandria Real Estate Equities Price Performance

NYSE:ARE traded up $0.03 during trading hours on Thursday, hitting $117.09. 373,079 shares of the stock were exchanged, compared to its average volume of 778,134. The firm’s fifty day moving average price is $118.11 and its 200 day moving average price is $121.64. Alexandria Real Estate Equities, Inc. has a 52-week low of $90.73 and a 52-week high of $135.45. The company has a market cap of $20.48 billion, a P/E ratio of 109.43, a P/E/G ratio of 2.93 and a beta of 1.15. The company has a current ratio of 0.30, a quick ratio of 0.30 and a debt-to-equity ratio of 0.54.

Alexandria Real Estate Equities Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, July 15th. Investors of record on Friday, June 28th will be paid a $1.30 dividend. This is an increase from Alexandria Real Estate Equities’s previous quarterly dividend of $1.27. This represents a $5.20 annualized dividend and a yield of 4.44%. The ex-dividend date is Friday, June 28th. Alexandria Real Estate Equities’s dividend payout ratio is currently 485.98%.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on ARE. StockNews.com raised shares of Alexandria Real Estate Equities from a “sell” rating to a “hold” rating in a research report on Thursday, March 21st. Wedbush reaffirmed an “outperform” rating and set a $140.00 price target on shares of Alexandria Real Estate Equities in a research report on Wednesday, April 24th. Finally, Evercore ISI decreased their price objective on Alexandria Real Estate Equities from $137.00 to $132.00 and set an “outperform” rating for the company in a report on Thursday, April 25th. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Alexandria Real Estate Equities currently has a consensus rating of “Moderate Buy” and an average price target of $136.75.

Insider Buying and Selling at Alexandria Real Estate Equities

In related news, major shareholder Real Estate Equitie Alexandria sold 150,000 shares of the company’s stock in a transaction dated Tuesday, June 4th. The shares were sold at an average price of $4.21, for a total transaction of $631,500.00. Following the completion of the sale, the insider now owns 6,005,077 shares of the company’s stock, valued at approximately $25,281,374.17. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 1.15% of the stock is currently owned by insiders.

Alexandria Real Estate Equities Company Profile

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.