Capital World Investors Holding in Intercontinental Exchange (ICE) Decreased as Market Valuation Rose; Alexandria Real Estate Equitie (ARE) Market Valuation Rose While Cbre Clarion Securities Raised Its Holding

February 15, 2018 - By Jan Rainey

Cbre Clarion Securities Llc increased its stake in Alexandria Real Estate Equitie (ARE) by 17.84% based on its latest 2017Q3 regulatory filing with the SEC. Cbre Clarion Securities Llc bought 400,463 shares as the company’s stock rose 1.11% with the market. The institutional investor held 2.64M shares of the consumer services company at the end of 2017Q3, valued at $314.66 million, up from 2.24 million at the end of the previous reported quarter. Cbre Clarion Securities Llc who had been investing in Alexandria Real Estate Equitie for a number of months, seems to be bullish on the $13.11B market cap company. The stock increased 1.02% or $1.23 during the last trading session, reaching $121.29. About 325,441 shares traded. Alexandria Real Estate Equities, Inc. (NYSE:ARE) has risen 25.81% since February 15, 2017 and is uptrending. It has outperformed by 9.11% the S&P500.

Capital World Investors decreased its stake in Intercontinental Exchange Inc (ICE) by 2.34% based on its latest 2017Q3 regulatory filing with the SEC. Capital World Investors sold 40,000 shares as the company’s stock rose 1.58% with the market. The institutional investor held 1.67M shares of the investment bankers and brokers and service company at the end of 2017Q3, valued at $114.87 million, down from 1.71 million at the end of the previous reported quarter. Capital World Investors who had been investing in Intercontinental Exchange Inc for a number of months, seems to be less bullish one the $41.94 billion market cap company. The stock increased 1.35% or $0.96 during the last trading session, reaching $72.03. About 1.52 million shares traded. Intercontinental Exchange, Inc. (NYSE:ICE) has risen 13.80% since February 15, 2017 and is uptrending. It has underperformed by 2.90% the S&P500.

Cbre Clarion Securities Llc, which manages about $22.77 billion and $9.03B US Long portfolio, decreased its stake in Prologis Inc. (NYSE:PLD) by 358,645 shares to 8.54M shares, valued at $542.18 million in 2017Q3, according to the filing. It also reduced its holding in Sun Communities Inc. (NYSE:SUI) by 901,142 shares in the quarter, leaving it with 2.73 million shares, and cut its stake in Enlink Midstream Partners Lp (NYSE:ENLK).

Since August 15, 2017, it had 0 insider buys, and 6 sales for $12.22 million activity. Richardson Stephen sold $643,900 worth of Alexandria Real Estate Equities, Inc. (NYSE:ARE) on Friday, December 8. MARCUS JOEL S had sold 30,000 shares worth $3.76M on Thursday, February 1. The insider Shigenaga Dean A sold $3.63M.

Investors sentiment increased to 1.81 in Q3 2017. Its up 0.37, from 1.44 in 2017Q2. It is positive, as 18 investors sold ARE shares while 90 reduced holdings. 49 funds opened positions while 147 raised stakes. 92.94 million shares or 1.38% less from 94.23 million shares in 2017Q2 were reported. Retirement Systems Of Alabama stated it has 81,207 shares or 0.05% of all its holdings. New York State Common Retirement Fund owns 206,512 shares for 0.03% of their portfolio. Raymond James And Associate holds 0% or 11,080 shares. Atria Invs Limited Liability Com holds 0.07% or 11,283 shares. Whittier Tru Of Nevada has 615 shares. Kentucky Retirement System Fund accumulated 2,408 shares. Bessemer Grp holds 48 shares. Alliancebernstein LP invested 0.04% in Alexandria Real Estate Equities, Inc. (NYSE:ARE). Martingale Asset Management Limited Partnership accumulated 4,101 shares. Liberty Mutual Grp Inc Asset Inc holds 0.02% or 3,688 shares in its portfolio. Pub Employees Retirement Association Of Colorado owns 17,243 shares for 0.01% of their portfolio. Sarasin And Partners Limited Liability Partnership reported 83,113 shares. Ls Investment Advisors Ltd Limited Liability Company holds 0.03% or 4,477 shares in its portfolio. Aperio Ltd Liability Company has 18,826 shares. Bnp Paribas Arbitrage invested in 87,716 shares.

Among 8 analysts covering Alexandria Real Estate Equities Inc. (NYSE:ARE), 6 have Buy rating, 0 Sell and 2 Hold. Therefore 75% are positive. Alexandria Real Estate Equities Inc. had 21 analyst reports since August 24, 2015 according to SRatingsIntel. The stock has “Neutral” rating by Bank of America on Monday, November 6. Robert W. Baird maintained Alexandria Real Estate Equities, Inc. (NYSE:ARE) on Monday, January 8 with “Hold” rating. JP Morgan maintained Alexandria Real Estate Equities, Inc. (NYSE:ARE) rating on Tuesday, August 16. JP Morgan has “Overweight” rating and $111 target. Mizuho maintained it with “Buy” rating and $140.0 target in Tuesday, October 31 report. Evercore maintained the stock with “Buy” rating in Tuesday, September 8 report. JP Morgan upgraded it to “Overweight” rating and $106 target in Tuesday, October 13 report. As per Monday, November 13, the company rating was maintained by Citigroup. Mizuho maintained Alexandria Real Estate Equities, Inc. (NYSE:ARE) rating on Friday, July 8. Mizuho has “Buy” rating and $113 target. The rating was maintained by Barclays Capital with “Overweight” on Tuesday, January 30. The stock of Alexandria Real Estate Equities, Inc. (NYSE:ARE) earned “Overweight” rating by Barclays Capital on Tuesday, July 19.

Capital World Investors, which manages about $441.49B US Long portfolio, upped its stake in Strayer Education Inc (NASDAQ:STRA) by 121,550 shares to 845,750 shares, valued at $73.81M in 2017Q3, according to the filing. It also increased its holding in Chevron Corp (NYSE:CVX) by 838,500 shares in the quarter, for a total of 36.39 million shares, and has risen its stake in Itau Unibanco Holding Sa Pn Adr (NYSE:ITUB).

Among 18 analysts covering Intercontinental Exchange (NYSE:ICE), 14 have Buy rating, 0 Sell and 4 Hold. Therefore 78% are positive. Intercontinental Exchange had 64 analyst reports since August 6, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained the shares of ICE in report on Thursday, February 8 with “Buy” rating. Barclays Capital maintained it with “Overweight” rating and $273 target in Friday, September 4 report. The firm has “Buy” rating given on Tuesday, January 16 by Jefferies. The firm has “Buy” rating given on Thursday, November 2 by Keefe Bruyette & Woods. The stock of Intercontinental Exchange, Inc. (NYSE:ICE) earned “Buy” rating by Keefe Bruyette & Woods on Thursday, December 21. Wood maintained it with “Outperform” rating and $286 target in Friday, April 8 report. Argus Research downgraded the stock to “Hold” rating in Monday, November 2 report. The stock of Intercontinental Exchange, Inc. (NYSE:ICE) has “Sector Outperform” rating given on Thursday, July 13 by RBC Capital Markets. Deutsche Bank maintained the stock with “Buy” rating in Thursday, August 6 report. The rating was maintained by RBC Capital Markets on Monday, July 10 with “Hold”.

Investors sentiment decreased to 1.05 in 2017 Q3. Its down 0.02, from 1.07 in 2017Q2. It is negative, as 32 investors sold ICE shares while 233 reduced holdings. 82 funds opened positions while 197 raised stakes. 501.06 million shares or 0.97% less from 505.99 million shares in 2017Q2 were reported. Natixis reported 0.11% stake. Wells Fargo And Mn reported 0.11% in Intercontinental Exchange, Inc. (NYSE:ICE). Barbara Oil reported 7,500 shares. Us Savings Bank De reported 67,443 shares. Old Mutual Customised Solutions (Proprietary) Limited owns 18,126 shares for 0.17% of their portfolio. Moreover, Aviva Pcl has 0.18% invested in Intercontinental Exchange, Inc. (NYSE:ICE). 513,023 are held by Keybank National Association Oh. Cibc Asset Inc has 72,800 shares. Bb&T Corporation invested 0.03% in Intercontinental Exchange, Inc. (NYSE:ICE). Cubist Systematic Strategies Limited Co accumulated 0.02% or 4,433 shares. Ontario Teachers Pension Plan Board, Ontario – Canada-based fund reported 167,886 shares. Univest Of Pennsylvania owns 1.84% invested in Intercontinental Exchange, Inc. (NYSE:ICE) for 63,519 shares. Arrow Financial invested 0.74% of its portfolio in Intercontinental Exchange, Inc. (NYSE:ICE). Ledyard National Bank stated it has 0.69% in Intercontinental Exchange, Inc. (NYSE:ICE). Price T Rowe Assocs Md holds 0.48% of its portfolio in Intercontinental Exchange, Inc. (NYSE:ICE) for 41.12 million shares.

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