Alexandria Real Estate Equities, Inc. $ARE Position Lifted by Bank of America Corp DE
Market Beat·- Bank of America Corp DE increased its stake in Alexandria Real Estate Equities, Inc. by 55.0% during the first quarter, owning 846,385 shares valued at $39,289,000. - The real estate investment trust reported an EPS of ($0.43) for the quarter, missing the consensus estimate of $0.09, with quarterly revenue reaching $662.78 million. - Institutional investors currently own 96.54% of the company's stock, alongside recent insider transactions and varied analyst ratings with a consensus price target of $52.62.