Could Alexandria Real Estate Equities Inc (ARE) Skyrocket Even More? The Stock Just Made All Time High

October 13, 2017 - By Clifton Ray

Investors sentiment decreased to 1.44 in Q2 2017. Its down 0.06, from 1.5 in 2017Q1. It dived, as 32 investors sold Alexandria Real Estate Equities Inc shares while 96 reduced holdings. 45 funds opened positions while 139 raised stakes. 94.23 million shares or 0.34% more from 93.91 million shares in 2017Q1 were reported.
Allstate Corp stated it has 0.05% in Alexandria Real Estate Equities Inc (NYSE:ARE). Sumitomo Mitsui Trust Holdg reported 0.05% stake. Prudential Financial stated it has 0.07% in Alexandria Real Estate Equities Inc (NYSE:ARE). Millennium Management Limited Co owns 348,798 shares or 0.07% of their US portfolio. 46,089 are held by State Of Alaska Department Of Revenue. Robeco Institutional Asset Bv has invested 0.06% in Alexandria Real Estate Equities Inc (NYSE:ARE). Quantres Asset Management Limited holds 0.2% of its portfolio in Alexandria Real Estate Equities Inc (NYSE:ARE) for 2,600 shares. Anchor Capital Advsrs Ltd Liability Corp owns 2,020 shares. 27,525 are held by Raymond James Services Advsrs Inc. First Tru Advisors Ltd Partnership invested in 27,007 shares. Texas Permanent School Fund has 0.04% invested in Alexandria Real Estate Equities Inc (NYSE:ARE). Bb&T Securities Lc invested in 12,320 shares. Sarasin Ptnrs Limited Liability Partnership owns 78,671 shares for 0.19% of their portfolio. First Foundation invested in 22,730 shares or 0.16% of the stock. Putnam Investments Limited Co reported 0% stake.

Since May 4, 2017, it had 0 insider purchases, and 8 sales for $4.90 million activity. $474,240 worth of stock was sold by Moglia Peter M on Tuesday, June 13. 4,000 Alexandria Real Estate Equities Inc (NYSE:ARE) shares with value of $471,560 were sold by RICHARDSON JAMES H. 7,500 shares valued at $881,325 were sold by Richardson Stephen on Wednesday, May 17. 2,174 Alexandria Real Estate Equities Inc (NYSE:ARE) shares with value of $246,314 were sold by Freire Maria C.

The stock of Alexandria Real Estate Equities Inc (NYSE:ARE) reached all time high today, Oct, 13 and still has $134.76 target or 9.00 % above today’s $123.63 share price. This indicates more upside for the $11.58B company. This technical setup was reported by Barchart.com. If the $134.76 PT is reached, the company will be worth $1.04B more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events.

About 488,744 shares traded. Alexandria Real Estate Equities Inc (NYSE:ARE) has risen 25.81% since October 13, 2016 and is uptrending. It has outperformed by 9.11% the S&P500.

Wall Street await Alexandria Real Estate Equities Inc (NYSE:ARE) to release earnings on October, 30. Analysts forecast earnings per share of $1.50, up exactly $0.11 or 7.91 % from 2014’s $1.39 EPS. The expected ARE’s profit could reach $140.50 million giving the stock 20.61 P/E in the case that $1.50 earnings per share is reported. After posting $1.50 EPS for the previous quarter, Alexandria Real Estate Equities Inc’s analysts now forecast 0.00 % EPS growth.

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. had 14 analyst reports since August 24, 2015 according to SRatingsIntel. As per Friday, July 8, the company rating was maintained by Mizuho. Barclays Capital maintained Alexandria Real Estate Equities Inc (NYSE:ARE) on Tuesday, July 18 with “Overweight” rating. The rating was upgraded by Evercore on Tuesday, March 21 to “Outperform”. The firm earned “Overweight” rating on Tuesday, July 19 by Barclays Capital. The stock has “Overweight” rating by JP Morgan on Tuesday, October 13. JP Morgan maintained Alexandria Real Estate Equities Inc (NYSE:ARE) on Tuesday, August 16 with “Overweight” rating. BTIG Research initiated the shares of ARE in report on Thursday, August 25 with “Buy” rating. The stock of Alexandria Real Estate Equities Inc (NYSE:ARE) earned “Buy” rating by Zacks on Thursday, August 20. The company was maintained on Tuesday, September 8 by Evercore. The firm has “Buy” rating by Mizuho given on Monday, October 19.

More recent Alexandria Real Estate Equities Inc (NYSE:ARE) news were published by: Prnewswire.com which released: “Stocks Under Scanner in the REIT Space — Piedmont Office Realty Trust …” on September 28, 2017. Also Nasdaq.com published the news titled: “Alexandria Real Estate Equities, Inc. (ARE) Ex-Dividend Date Scheduled for …” on September 27, 2017. Prnewswire.com‘s news article titled: “Alexandria Real Estate Equities, Inc. to Hold Its Third Quarter 2017 Operating …” with publication date: September 25, 2017 was also an interesting one.

Alexandria Real Estate Equities, Inc. is a real estate investment . The company has market cap of $11.58 billion. The Firm is engaged in the business of providing space for lease to the life science and technology industries. It has a 308.74 P/E ratio. It focuses on collaborative life science and technology campuses.

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