Alexandria Real Estate Equities Inc(NYSE:ARE) Declares Dividend of $0.8000.

Alexandria Real Estate Equities Inc (NYSE:ARE) had declared a cash dividend of $0.8000 on Sep 16, 2016. The shares will quote ex-dividend on Sep 28, 2016 and the record date has been fixed for Sep 30, 2016. On Sep 16, 2016 share price, the yield comes out to be 3.0118%. The dividend payable date has been fixed on Oct 17, 2016.

In a different note, On Sep 8, 2016, UBS said it Maintains its rating on Alexandria Real Estate Equities Inc. In the research note, the firm Raises the price-target to $94.00 per share. The shares have been rated ‘Neutral’ by the firm. BTIG Research said it Initiates Coverage on Alexandria Real Estate Equities Inc, according to a research note issued on Aug 25, 2016. The shares have been rated ‘Buy’ by the firm. On Aug 16, 2016, JP Morgan said it Maintains its rating on Alexandria Real Estate Equities Inc. In the research note, the firm Raises the price-target to $104.00 per share. The shares have been rated ‘Overweight’ by the firm. On Jul 19, 2016, Barclays said it Maintains its rating on Alexandria Real Estate Equities Inc. In the research note, the firm Raises the price-target to $105.00 per share. The shares have been rated ‘Overweight’ by the firm. On Jul 7, 2016, Citigroup said it Maintains its rating on Alexandria Real Estate Equities Inc. In the research note, the firm Raises the price-target to $92.00 per share. The shares have been rated ‘Neutral’ by the firm.

Alexandria Real Estate Equities Inc (ARE) made into the market gainers list on Thursdays trading session with the shares advancing 2.42% or 2.67 points. Due to strong positive momentum, the stock ended at $113.03, which is also near the day’s high of $113.17. The stock began the session at $111.36 and the volume stood at 4,17,692 shares. The 52-week high of the shares is $114.62 and the 52 week low is $70.69. The company has a current market capitalization of $8,813 M and it has 7,79,73,571 shares in outstanding.

Alexandria Real Estate Equities Inc(ARE) last announced its earnings results on Aug 1, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $226.08M. Analysts had an estimated revenue of $215.29M. Earnings per share were $1.36. Analysts had estimated an EPS of $1.36.

Several Insider Transactions has been reported to the SEC. On Sep 8, 2016, Thomas J Andrews (EVP – Regional Market Director) sold 5,000 shares at $112.02 per share price.Also, On Aug 31, 2016, Peter M Moglia (Chief Investment Officer) sold 8,000 shares at $109.89 per share price.On Aug 15, 2016, Daniel J Ryan (EVP – Regional Market Director) sold 7,000 shares at $110.31 per share price, according to the Form-4 filing with the securities and exchange commission.

Alexandria Real Estate Equities Inc. is a self-administered and self-managed real estate investment (REIT). The Company is engaged in the business of providing office/laboratory and tech office space for lease to the science and technology industries. The Company has five properties in Canada as well as eight operating properties one development project and several land parcels in Asia. As of December 31 2014 the Company had 193 properties containing approximately 18.7 million rentable square feet (RSF) of office/laboratory and tech office space. As of December 31 2014 the Company had 562 leases with a total of 441 client tenants and 87 of its 193 properties were single-tenant properties. The Company’s portfolio includes Alexandria Center at Kendall Square; Alexandria Park at 128; Alexandria Technology Center-Gateway; Alexandria Center for Life Science; ARE Nautilus; ARE Towne Centre; ARE Portola and Alexandria Technology Center-Gaithersburg I among others.

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