Alexandria Real Estate Equities Inc (ARE) Surges to All Time High, Is Now Top Performer

October 13, 2017 - By Louis Casey

Investors sentiment decreased to 1.44 in Q2 2017. Its down 0.06, from 1.5 in 2017Q1. It dropped, 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.
Louisiana State Employees Retirement Systems invested 0.03% of its portfolio in Alexandria Real Estate Equities Inc (NYSE:ARE). Norinchukin Commercial Bank The holds 6,320 shares or 0.02% of its portfolio. Ww Asset Mngmt reported 0.04% in Alexandria Real Estate Equities Inc (NYSE:ARE). Liberty Mutual Gru Asset Mgmt Inc accumulated 5,829 shares or 0.03% of the stock. Bankshares invested in 3,074 shares or 0.01% of the stock. Forward Mgmt Ltd Liability owns 17,900 shares. Schwab Charles Inv Mngmt accumulated 914,702 shares. 4,964 are held by Panagora Asset Management. Cibc Ww Corporation has 0.02% invested in Alexandria Real Estate Equities Inc (NYSE:ARE). 149,806 were accumulated by States Steel Carnegie Pension Fund. Mitsubishi Ufj And Corporation accumulated 179,766 shares. Amalgamated Retail Bank, a New York-based fund reported 17,281 shares. Comerica Comml Bank, a Michigan-based fund reported 26,727 shares. Northern Trust Corp has invested 0.05% of its portfolio in Alexandria Real Estate Equities Inc (NYSE:ARE). Sandy Spring Financial Bank stated it has 27 shares.

Since May 4, 2017, it had 0 insider purchases, and 8 sales for $4.90 million activity. $1.58 million worth of Alexandria Real Estate Equities Inc (NYSE:ARE) was sold by MARCUS JOEL S. 4,000 shares were sold by Moglia Peter M, worth $474,240. Freire Maria C sold $246,314 worth of Alexandria Real Estate Equities Inc (NYSE:ARE) on Thursday, May 4. 4,000 shares were sold by RICHARDSON JAMES H, worth $471,560 on Thursday, May 25. The insider Richardson Stephen sold 7,500 shares worth $881,325.

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.

Investors wait Alexandria Real Estate Equities Inc (NYSE:ARE) to report on October, 30. its quarterly earnings Wall Street analysts expect $1.50 earnings per share, up $0.11 or 7.91 % from last year’s $1.39 same quarter earnings. This translates into $140.50 million profit for ARE giving the stock a 20.61 P/E. This is assuming the current $1.50 EPS is accurate. Alexandria Real Estate Equities Inc’s Wall Street analysts see 0.00 % EPS growth, taking into account the $1.50 EPS reproted in the previous quarter,

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. The rating was upgraded by JP Morgan on Tuesday, October 13 to “Overweight”. Barclays Capital maintained the shares of ARE in report on Tuesday, July 18 with “Overweight” rating. The rating was upgraded by Evercore on Tuesday, March 21 to “Outperform”. Barclays Capital maintained the stock with “Overweight” rating in Tuesday, July 19 report. The rating was maintained by Evercore on Tuesday, September 8 with “Buy”. As per Thursday, August 20, the company rating was downgraded by Zacks. The firm has “Overweight” rating by JP Morgan given on Tuesday, August 16. BTIG Research initiated the shares of ARE in report on Thursday, August 25 with “Buy” rating. As per Friday, July 8, the company rating was maintained by Mizuho. Mizuho maintained the stock with “Buy” rating in Monday, October 19 report.

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 Prnewswire.com published the news titled: “Alexandria Real Estate Equities, Inc. to Hold Its Third Quarter 2017 Operating …” on September 25, 2017. Nasdaq.com‘s news article titled: “Alexandria Real Estate Equities, Inc. (ARE) Ex-Dividend Date Scheduled for …” with publication date: September 27, 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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