Alexandria Actual Property Equities, Inc. (NYSE:ARE) Given Common Score of “Average Purchase” by Analysts

Alexandria Actual Property Equities, Inc. (NYSE:ARE – Get Score) has been given a mean ranking of “Average Purchase” by the seven analysts which can be presently masking the corporate, MarketBeat studies. One analyst has rated the inventory with a promote ranking, one has given a maintain ranking and 4 have assigned a purchase ranking to the corporate. The common 12-month value goal amongst brokerages which have issued rankings on the inventory within the final 12 months is $191.75.

A variety of analysis companies just lately weighed in on ARE. Mizuho decreased their value goal on shares of Alexandria Actual Property Equities from $219.00 to $172.00 and set a “purchase” ranking for the corporate in a analysis observe on Thursday, June twenty third. StockNews.com lower Alexandria Actual Property Equities from a “maintain” ranking to a “promote” ranking in a report on Thursday, April twenty eighth. Lastly, Credit score Suisse Group initiated protection on Alexandria Actual Property Equities in a report on Wednesday, June twenty second. They issued a “impartial” ranking and a $140.00 value goal for the corporate.

Insider Exercise at Alexandria Actual Property Equities

In different Alexandria Actual Property Equities information, CEO Stephen Richardson offered 5,000 shares of the inventory in a transaction that occurred on Monday, Might ninth. The inventory was offered at a mean value of $171.47, for a complete worth of $857.350.00. Following the completion of the sale, the chief govt officer now owns 175,602 shares within the firm, valued at roughly $30,110,474.94. The transaction was disclosed in a doc filed with the SEC, which is on the market at this hyperlink. In different Alexandria Actual Property Equities information, main shareholder Actual Property Equitie Alexandria acquired 3,500,000 shares of the corporate’s inventory in a transaction on Monday, June twenty seventh. The inventory was acquired at a mean value of $1.00 per share, for a complete transaction of $3,500,000.00. Following the acquisition, the insider now owns 4,555,077 shares within the firm, valued at roughly $4,555,077. The acquisition was disclosed in a authorized submitting with the SEC, which is accessible by way of this hyperlink. Additionally, CEO Stephen Richardson offered 5,000 shares of the inventory in a transaction that occurred on Monday, Might ninth. The inventory was offered at a mean value of $171.47, for a complete worth of $857.350.00. Following the completion of the sale, the chief govt officer now owns 175,602 shares of the corporate’s inventory, valued at roughly $30,110,474.94. The disclosure for this sale will be discovered right here. 0.96% of the inventory is presently owned by firm insiders.

Institutional Inflows and Outflows

Institutional traders have just lately made adjustments to their positions within the firm. Government Wealth Administration LLC purchased a brand new place in Alexandria Actual Property Equities through the 2nd quarter valued at roughly $683,000. Mirae Asset World Investments Co. Ltd. elevated its place in Alexandria Actual Property Equities by 1.7% through the 2nd quarter. Mirae Asset World Investments Co. Ltd. now owns 24,548 shares of the actual property funding belief’s inventory valued at $3,560,000 after shopping for an extra 420 shares within the final quarter. Enterprise Visionary Companions LLC purchased a brand new place in Alexandria Actual Property Equities through the 2nd quarter valued at roughly $149,000. Symmetry Investments LP purchased a brand new place in Alexandria Actual Property Equities through the 2nd quarter valued at roughly $1,015,000. Lastly, First Retailers Corp elevated its place in Alexandria Actual Property Equities by 12.9% through the 2nd quarter. First Retailers Corp now owns 9,649 shares of the actual property funding belief’s inventory valued at $1,400,000 after shopping for an extra 1,104 shares within the final quarter. Institutional traders personal 94.49% of the corporate’s inventory.

Alexandria Actual Property Equities Value Efficiency

ARE inventory opened at $156.49 on Wednesday. The inventory has a market capitalization of $25.54 billion, a PE ratio of 56.09, a price-to-earnings-growth ratio of two.32 and a beta of 0.88. The corporate’s 50-day shifting common is $149.31 and its 200-day shifting common is $176.80. The corporate has a debt-to-equity ratio of 0.51, a present ratio of 0.40 and a fast ratio of 0.40. Alexandria Actual Property Equities has a 1 12 months low of $130.00 and a 1 12 months excessive of $224.95.

Alexandria Actual Property Equities (NYSE:ARE – Get Score) final introduced its quarterly earnings outcomes on Monday, July twenty fifth. The true property funding belief reported $1.67 earnings per share for the quarter, beating the consensus estimate of $0.66 by $1.01. Alexandria Actual Property Equities had a internet margin of 18.30% and a return on fairness of two.28%. The enterprise had income of $643.80 million for the quarter, in comparison with analysts’ expectations of $633.13 million. Throughout the identical quarter final 12 months, the agency earned $1.93 EPS. The agency’s income for the quarter was up 26.3% in comparison with the identical quarter final 12 months. Equities analysis analysts count on that Alexandria Actual Property Equities will submit 8.4 EPS for the present fiscal 12 months.

Alexandria Actual Property Equities Will increase Dividend

The enterprise additionally just lately introduced a quarterly dividend, which was paid on Friday, July fifteenth. Traders of document on Thursday, June thirtieth had been issued a dividend of $1.18 per share. The ex-dividend date was Wednesday, June twenty ninth. It is a increase from Alexandria Actual Property Equities’s earlier quarterly dividend of $1.15. This represents a $4.72 annualized dividend and a yield of three.02%. Alexandria Actual Property Equities’s dividend payout ratio is presently 169.18%.

About Alexandria Actual Property Equities

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Alexandria Actual Property Equities, Inc (NYSE:ARE), an S&P 500® city workplace actual property funding belief (“REIT”), is the primary, longest-tenured, and pioneering proprietor, operator, and developer uniquely centered on collaborative life science, expertise, and agtech campuses in AAA innovation cluster places, with a complete market capitalization of $31.9 billion as of December 31, 2020, and an asset base in North America of 49.7 million sq. toes (“SF” ).

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