M
etis Global Partners LLC reduced its stake in Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 37.5% during the fourth quarter, according to a recent Form 13F filing with the Securities & Exchange Commission. The firm owned 23,060 shares of the real estate investment trust's stock after selling 13,818 shares during the period. Metis Global Partners LLC's holdings in Alexandria Real Estate Equities were worth $2,250,000 at the end of the most recent quarter.

    Other institutional investors have also made significant moves in Alexandria Real Estate Equities. Catalyst Capital Advisors LLC bought a new position in the company's stock in the third quarter worth about $25,000. Venturi Wealth Management LLC increased its holdings by 144% in the same quarter and now owns 305 shares of the real estate investment trust's stock worth $36,000.

    Alexandria Real Estate Equities reported earnings per share of $2.39 for the fourth quarter, beating analysts' consensus estimates of $0.91. The company has a debt-to-equity ratio of 0.55 and a quick ratio of 0.21. Its 50-day simple moving average is $97.89 and its 200-day simple moving average is $108.36.

    The real estate investment trust declared a quarterly dividend of $1.32 per share, representing an increase from its previous quarterly dividend of $1.30. Institutional investors own 96.54% of the company's stock. Alexandria Real Estate Equities has been rated by ten analysts with a hold rating and two have assigned a buy rating to the company's stock.

    Alexandria Real Estate Equities is a best-in-class, mission-driven life science REIT making a positive and lasting impact on the world. The company owns, operates, and develops collaborative life science, agtech, and advanced technology mega campuses in AAA innovation cluster locations.