Could Alexandria Real Estate Equities Inc (NYSE:ARE) Skyrocket? The Stock Has Too Many Sellers

May 16, 2018 - By Margaret Downey

Investors sentiment decreased to 1.4 in 2017 Q4. Its down 0.41, from 1.81 in 2017Q3. It is negative, as 30 investors sold Alexandria Real Estate Equities, Inc. shares while 104 reduced holdings. 44 funds opened positions while 143 raised stakes. 96.22 million shares or 3.54% more from 92.94 million shares in 2017Q3 were reported.
Swiss Commercial Bank holds 344,600 shares or 0.05% of its portfolio. Metropolitan Life Insurance Company Ny invested 0.03% of its portfolio in Alexandria Real Estate Equities, Inc. (NYSE:ARE). Amica Retiree Med Trust invested in 3,323 shares. Cibc Asset Management invested 0.01% of its portfolio in Alexandria Real Estate Equities, Inc. (NYSE:ARE). Massachusetts Financial Serv Ma holds 527,299 shares. Moreover, Martingale Asset Management Lp has 0.01% invested in Alexandria Real Estate Equities, Inc. (NYSE:ARE) for 4,101 shares. Morgan Stanley holds 483,434 shares. Gulf National Bank (Uk) Limited holds 28,455 shares or 0.05% of its portfolio. Iowa-based Principal Financial Grp Inc has invested 0.42% in Alexandria Real Estate Equities, Inc. (NYSE:ARE). Cohen And Steers Inc accumulated 1.10M shares or 0.4% of the stock. Fund Mgmt Sa has 11,300 shares. Sei Invests holds 70,919 shares. Landscape Mgmt Llc owns 17,300 shares for 0.2% of their portfolio. Chevy Chase Trust Holdings Incorporated reported 83,720 shares. Cubist Systematic Strategies Ltd Llc invested in 0.04% or 6,263 shares.

Since December 8, 2017, it had 0 insider buys, and 12 selling transactions for $17.91 million activity. Richardson Stephen had sold 5,000 shares worth $643,900. 2,500 shares were sold by Diamond Lawrence J, worth $315,400. Another trade for 30,000 shares valued at $3.76M was made by MARCUS JOEL S on Thursday, February 1. On Monday, May 7 Ryan Daniel J sold $966,675 worth of Alexandria Real Estate Equities, Inc. (NYSE:ARE) or 7,500 shares. Another trade for 618 shares valued at $76,366 was made by Cain James P on Wednesday, March 28.

The stock of Alexandria Real Estate Equities Inc (NYSE:ARE) registered an increase of 0.04% in short interest. ARE’s total short interest was 7.84M shares in May as published by FINRA. Its up 0.04% from 7.84M shares, reported previously. With 437,500 shares average volume, it will take short sellers 18 days to cover their ARE’s short positions.

The stock decreased 2.23% or $2.83 during the last trading session, reaching $124.15. About 639,897 shares traded or 9.87% up from the average. Alexandria Real Estate Equities, Inc. (NYSE:ARE) has risen 10.48% since May 16, 2017 and is uptrending. It has underperformed by 1.07% the S&P500.

Alexandria Real Estate Equities, Inc., a real estate investment trust , engages in the ownership, operation, management, development, acquisition, and redevelopment of properties for the life sciences industry. The company has market cap of $12.79 billion. The Company’s properties consist of buildings containing scientific research and development laboratories, and other improvements. It has a 78.58 P/E ratio. The firm offers its properties for lease primarily to universities and independent not-for-profit institutions; and pharmaceutical, biotechnology, medical device, life science product, service, biodefense, and translational research entities, as well as governmental agencies.

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

Among 3 analysts covering Alexandria Real Estate (NYSE:ARE), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Alexandria Real Estate has $133 highest and $120.0 lowest target. $129’s average target is 3.91% above currents $124.15 stock price. Alexandria Real Estate had 4 analyst reports since December 4, 2017 according to SRatingsIntel. Bank of America upgraded the shares of ARE in report on Monday, December 4 to “Buy” rating. On Tuesday, January 30 the stock rating was maintained by Barclays Capital with “Overweight”. The firm earned “Hold” rating on Wednesday, January 31 by Robert W. Baird. On Monday, January 8 the stock rating was maintained by Robert W. Baird with “Hold”.

More notable recent Alexandria Real Estate Equities, Inc. (NYSE:ARE) news were published by: Bizjournals.com which released: “Take a look at Alexandria’s latest apartment complex in Kendall Square” on April 17, 2018, also Seekingalpha.com with their article: “Alexandria Real Estate Equities’ (ARE) CEO Joel Marcus on Q1 2018 Results – Earnings Call Transcript” published on May 02, 2018, Streetinsider.com published: “Alexandria Real Estate (ARE) PT Raised to $144 at RBC Capital” on May 04, 2018. More interesting news about Alexandria Real Estate Equities, Inc. (NYSE:ARE) were released by: Bizjournals.com and their article: “Fast-growing biotech finds Peninsula expansion space with a Twist” published on May 02, 2018 as well as Businesswire.com‘s news article titled: “Argo Group to Transfer Listing to NYSE from NASDAQ” with publication date: April 23, 2018.

Alexandria Real Estate Equities, Inc. (NYSE:ARE) Institutional Positions Chart

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