From MarketBeat:

American Assets Capital Advisers LLC increased its holdings in Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 32.0% in the third quarter, now owning 152,387 shares worth $15,254,000. Other institutional investors have also bought and reduced their stakes in ARE. Alexandria Real Estate Equities (NYSE:ARE) stocks traded down 0.8% to $121.46. The company has a market capitalization of $21.25 billion, a price-to-earnings ratio of 225.04, a P/E/G ratio of 2.45 and a beta of 1.06. The real estate investment trust reported ($0.54) EPS for the quarter, missing the consensus estimate of $2.29 by ($2.83). The company’s revenue was up 13.0% compared to the same quarter last year. Alexandria Real Estate Equities recently disclosed a quarterly dividend, representing a positive change from its previous quarterly dividend. A number of research firms have given Alexandria Real Estate Equities a “Moderate Buy” rating and an average target price of $137.13. Insider transactions at Alexandria Real Estate Equities show that insiders have sold 17,354 shares of company stock worth $2,053,571 in the last ninety days. Insider ownership makes up 1.60% of the company’s stock.



Read more: American Assets Capital Advisers LLC Acquires 36,984 Shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE)