Commerzbank Aktiengesellschaft FI Purchases 17,398 Shares of Alexandria Real Estate Equities, Inc. $ARE
Commerzbank Aktiengesellschaft FI increased its stake in Alexandria Real Estate Equities, Inc. by 41.4% in Q3, acquiring 17,398 shares, bringing its total to 59,458 shares valued at $4.96 million. The company reported a quarterly EPS of $2.22, missing estimates, and announced a $500 million stock buyback plan. Alexandria's recent dividend was $0.72 per share, with a yield of 4.8%. Institutional investors hold 96.54% of the stock, and the company has faced a decline in revenue year-over-year.
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