Alexandria Real Estate Equity IN (NYSE:ARE) Reports Decline in Sellers; Strong Momentum for Longs

June 20, 2017 - By Marry Poplack

 Alexandria Real Estate Equity IN (NYSE:ARE) Reports Decline in Sellers; Strong Momentum for Longs

Investors sentiment decreased to 1.28 in 2016 Q4. Its down 0.08, from 1.36 in 2016Q3. It dropped, as 29 investors sold Alexandria Real Estate Equities Inc shares while 93 reduced holdings. 26 funds opened positions while 130 raised stakes. 86.10 million shares or 1.06% more from 85.20 million shares in 2016Q3 were reported.
Moreover, Comerica Bancorp has 0.05% invested in Alexandria Real Estate Equities Inc (NYSE:ARE). Hsbc Holdings Public Lc invested 0.05% of its portfolio in Alexandria Real Estate Equities Inc (NYSE:ARE). Cornerstone Capital Mngmt Hldg Ltd Liability Com has 0.04% invested in Alexandria Real Estate Equities Inc (NYSE:ARE) for 41,068 shares. Ameritas Invest Prtnrs stated it has 23,938 shares. Aperio Grp Limited stated it has 0.01% of its portfolio in Alexandria Real Estate Equities Inc (NYSE:ARE). Keeley Asset holds 0.03% or 5,801 shares in its portfolio. Retail Bank Of America De holds 0.02% of its portfolio in Alexandria Real Estate Equities Inc (NYSE:ARE) for 675,675 shares. Moreover, 1St Glob Advsrs has 0.07% invested in Alexandria Real Estate Equities Inc (NYSE:ARE) for 5,311 shares. Schroder Invest Mgmt Grp owns 510,020 shares. Balyasny Asset Ltd Limited Liability Company has 0.05% invested in Alexandria Real Estate Equities Inc (NYSE:ARE) for 84,709 shares. American Int Grp Inc accumulated 0.07% or 153,123 shares. Dupont Capital, Delaware-based fund reported 2,456 shares. Aviva Public Ltd Com owns 419,101 shares or 0.28% of their US portfolio. Alps Incorporated reported 7,527 shares stake. 488,930 are owned by Massachusetts Financial Svcs Ma.

Since February 2, 2017, it had 0 insider purchases, and 17 sales for $15.37 million activity. $246,314 worth of stock was sold by Freire Maria C on Thursday, May 4. $27,385 worth of Alexandria Real Estate Equities Inc (NYSE:ARE) shares were sold by Cain James P. MARCUS JOEL S sold 5,000 shares worth $573,850. RICHARDSON JAMES H had sold 3,800 shares worth $436,164. $1.19M worth of Alexandria Real Estate Equities Inc (NYSE:ARE) was sold by Andrews Thomas J. Moglia Peter M sold 5,000 shares worth $570,100. 6,000 shares were sold by Richardson Stephen, worth $683,640 on Wednesday, February 8.

The stock of Alexandria Real Estate Equity IN (NYSE:ARE) registered a decrease of 0.33% in short interest. ARE’s total short interest was 6.62 million shares in June as published by FINRA. Its down 0.33% from 6.65M shares, reported previously. With 596,700 shares average volume, it will take short sellers 11 days to cover their ARE’s short positions. The short interest to Alexandria Real Estate Equity IN’s float is 7.57%.

The stock increased 1.05% or $1.24 during the last trading session, reaching $119.12. About shares traded. Alexandria Real Estate Equities Inc (NYSE:ARE) has risen 25.81% since June 20, 2016 and is uptrending. It has outperformed by 9.11% the S&P500.

Alexandria Real Estate Equities, Inc. is a real estate investment . The company has market cap of $10.75 billion. The Firm is engaged in the business of providing space for lease to the life science and technology industries. It currently has negative earnings. It focuses on collaborative life science and technology campuses.

Alexandria Real Estate Equities Inc (NYSE:ARE) Ratings Coverage

Among 5 analysts covering Alexandria Real Estate Equities Inc. (NYSE:ARE), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Alexandria Real Estate Equities Inc. has $124 highest and $96 lowest target. $112.20’s average target is -5.81% below currents $119.12 stock price. Alexandria Real Estate Equities Inc. had 13 analyst reports since August 24, 2015 according to SRatingsIntel. Evercore upgraded Alexandria Real Estate Equities Inc (NYSE:ARE) on Tuesday, March 21 to “Outperform” rating. The stock of Alexandria Real Estate Equities Inc (NYSE:ARE) earned “Buy” rating by BTIG Research on Thursday, August 25. Evercore maintained Alexandria Real Estate Equities Inc (NYSE:ARE) on Tuesday, September 8 with “Buy” rating. The firm earned “Overweight” rating on Tuesday, October 13 by JP Morgan. The stock of Alexandria Real Estate Equities Inc (NYSE:ARE) earned “Overweight” rating by JP Morgan on Tuesday, August 16. The firm has “Overweight” rating by Barclays Capital given on Tuesday, July 19. The company was downgraded on Thursday, August 20 by Zacks. The firm earned “Buy” rating on Monday, October 19 by Mizuho. On Friday, July 8 the stock rating was maintained by Mizuho with “Buy”.

More notable recent Alexandria Real Estate Equities Inc (NYSE:ARE) news were published by: Forbes.com which released: “The #1 Real Estate Stock To Own Is Built On Trends – Alexandria Real Estate …” on May 20, 2017, also Prnewswire.com with their article: “Alexandria Real Estate Equities, Inc. to Hold Its First Quarter 2017 Operating …” published on April 03, 2017, Reuters.com published: “BRIEF-Alexandria Real Estate Equities Inc’s CEO’s 2016 total compensation was …” on April 07, 2017. More interesting news about Alexandria Real Estate Equities Inc (NYSE:ARE) were released by: Prnewswire.com and their article: “Alexandria Real Estate Equities, Inc. Declares Quarterly Cash Dividend of 86 …” published on June 05, 2017 as well as Prnewswire.com‘s news article titled: “Alexandria Real Estate Equities, Inc. Becomes First REIT to Be Named First-in …” with publication date: November 21, 2016.

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