Vinva Investment Management Ltd Has $4.83 Million Stock Holdings in Alexandria Real Estate Equities, Inc. (NYSE:ARE)

Vinva Investment Management Ltd boosted its stake in Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 574.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 39,885 shares of the real estate investment trust’s stock after purchasing an additional 33,968 shares during the quarter. Vinva Investment Management Ltd’s holdings in Alexandria Real Estate Equities were worth $4,827,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of ARE. Pathway Financial Advisers LLC grew its holdings in Alexandria Real Estate Equities by 11,449.8% in the third quarter. Pathway Financial Advisers LLC now owns 1,423,630 shares of the real estate investment trust’s stock worth $169,056,000 after purchasing an additional 1,411,304 shares during the period. Raymond James & Associates lifted its stake in shares of Alexandria Real Estate Equities by 501.1% in the third quarter. Raymond James & Associates now owns 290,857 shares of the real estate investment trust’s stock valued at $34,539,000 after buying an additional 242,466 shares in the last quarter. BNP Paribas Financial Markets lifted its stake in shares of Alexandria Real Estate Equities by 114.9% in the third quarter. BNP Paribas Financial Markets now owns 435,416 shares of the real estate investment trust’s stock valued at $51,706,000 after buying an additional 232,817 shares in the last quarter. KBC Group NV lifted its stake in shares of Alexandria Real Estate Equities by 315.9% in the third quarter. KBC Group NV now owns 169,350 shares of the real estate investment trust’s stock valued at $20,110,000 after buying an additional 128,634 shares in the last quarter. Finally, Castle Hook Partners LP bought a new position in shares of Alexandria Real Estate Equities in the third quarter valued at $14,319,000. 96.54% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on ARE shares. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $125.00 price objective (down from $130.00) on shares of Alexandria Real Estate Equities in a research note on Thursday, October 24th. Jefferies Financial Group lowered shares of Alexandria Real Estate Equities from a “buy” rating to a “hold” rating and dropped their price objective for the company from $136.00 to $127.00 in a research note on Friday, August 2nd. Evercore ISI dropped their price target on shares of Alexandria Real Estate Equities from $129.00 to $124.00 and set an “in-line” rating on the stock in a research report on Wednesday, October 23rd. Deutsche Bank Aktiengesellschaft lowered shares of Alexandria Real Estate Equities from a “buy” rating to a “hold” rating and dropped their price target for the company from $135.00 to $112.00 in a research report on Friday, November 15th. Finally, Wedbush dropped their price target on shares of Alexandria Real Estate Equities from $130.00 to $120.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 23rd. Ten investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $126.73.

Alexandria Real Estate Equities Stock Performance

Shares of ARE stock opened at $110.52 on Friday. The firm has a market cap of $19.31 billion, a price-to-earnings ratio of 67.39, a P/E/G ratio of 4.20 and a beta of 1.16. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.20 and a current ratio of 0.20. Alexandria Real Estate Equities, Inc. has a 52 week low of $102.89 and a 52 week high of $135.45. The firm’s 50-day simple moving average is $114.57 and its two-hundred day simple moving average is $117.14.

Alexandria Real Estate Equities (NYSE:ARE) last announced its quarterly earnings data on Monday, October 21st. The real estate investment trust reported $0.96 EPS for the quarter, missing the consensus estimate of $2.38 by ($1.42). The company had revenue of $791.60 million during the quarter, compared to the consensus estimate of $766.97 million. Alexandria Real Estate Equities had a return on equity of 1.31% and a net margin of 9.62%. The business’s revenue was up 10.9% on a year-over-year basis. During the same period in the prior year, the firm posted $2.26 EPS. As a group, equities analysts forecast that Alexandria Real Estate Equities, Inc. will post 9.47 earnings per share for the current year.

Alexandria Real Estate Equities Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were paid a $1.30 dividend. The ex-dividend date of this dividend was Monday, September 30th. This represents a $5.20 annualized dividend and a dividend yield of 4.71%. Alexandria Real Estate Equities’s payout ratio is 317.07%.

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.