As Shire Plc (SHPG) Valuation Rose, Sachem Head Capital Management LP Has Decreased Holding by $1.78 Million; As Alexandria Real Estate Equities (ARE) Shares Rose, Hahn Capital Management Has Lifted Its Holding by $8.85 Billion

August 12, 2018 - By Kristin Houston

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Hahn Capital Management Llc increased its stake in Alexandria Real Estate Equities (ARE) by 83.51% based on its latest 2018Q1 regulatory filing with the SEC. Hahn Capital Management Llc bought 70,847 shares as the company’s stock rose 0.10% while stock markets declined. The institutional investor held 155,685 shares of the consumer services company at the end of 2018Q1, valued at $19.44 billion, up from 84,838 at the end of the previous reported quarter. Hahn Capital Management Llc who had been investing in Alexandria Real Estate Equities for a number of months, seems to be bullish on the $13.24B market cap company. The stock decreased 1.00% or $1.26 during the last trading session, reaching $125.21. About 411,887 shares traded. Alexandria Real Estate Equities, Inc. (NYSE:ARE) has risen 5.23% since August 12, 2017 and is uptrending. It has underperformed by 7.34% the S&P500. Some Historical ARE News: 19/03/2018 Analysis: Positioning to Benefit within ICF International, Invitae, Encore Wire, Alexandria Real Estate Equities, Syndax Pharma; 30/04/2018 – Alexandria Real Estate 1Q Rev $320.1M; 22/03/2018 – Alexandria Real Estate : Moglia Will Continue His Responsibilities as Chief Investment Officer; 22/03/2018 – Alexandria Real Estate Equities, Inc. Announces the Elevation of Joel S. Marcus to Full-Time Executive Chairman; 21/03/2018 – Alexandria Real Estate Equities, Inc. Appoints Dean A. Shigenaga and Thomas J. Andrews as Co-Presidents; 22/03/2018 – ALEXANDRIA REAL ESTATE EQUITIES, NAMES CO-CHIEF EXECUTIVE; 20/03/2018 – ALEXANDRIA REAL ESTATE NAMES BANKS & DIAMOND AS CO-COO’S; 23/05/2018 – ALEXANDRIA REAL ESTATE EQUITIES SAYS PETER MOGLIA’S TITLE WAS AMENDED BY BOARD TO CO-CEO & CO-CHIEF INVESTMENT OFFICER, EFFECTIVE MAY 22 – SEC FILING; 22/03/2018 – ALEXANDRIA REAL ESTATE NAMES MARCUS FULL-TIME EXEC CHAIRMAN; 10/04/2018 – ALEXANDRIA REAL ESTATE EQUITIES, INC. APPOINTS MARC E. BINDA AS TREASURER

Sachem Head Capital Management Lp decreased its stake in Shire Plc (SHPG) by 0.97% based on its latest 2018Q1 regulatory filing with the SEC. Sachem Head Capital Management Lp sold 11,969 shares as the company’s stock rose 30.80% while stock markets declined. The hedge fund held 1.23 million shares of the major pharmaceuticals company at the end of 2018Q1, valued at $183.02M, down from 1.24 million at the end of the previous reported quarter. Sachem Head Capital Management Lp who had been investing in Shire Plc for a number of months, seems to be less bullish one the $53.95 billion market cap company. The stock decreased 1.25% or $2.17 during the last trading session, reaching $171.61. About 765,223 shares traded. Shire plc (NASDAQ:SHPG) has declined 10.60% since August 12, 2017 and is downtrending. It has underperformed by 23.17% the S&P500. Some Historical SHPG News: 07/05/2018 – TAKEDA IS SAID TO NEAR DEAL TO BUY SHIRE IN $64 BILLION PACT; 22/05/2018 – Let the rummage sale begin — Takeda bags $280M, sells off its stake in a China drug JV ahead of $62B Shire buyout; 30/04/2018 – Fidelity Select Pharmaceuticals Adds Shire, Exits Vertex; 08/05/2018 – Takeda borrows $31bn for Shire buyout but vows to deleverage; 22/05/2018 – Shire announces new hypoparathyroidism data at the 2018 European Congress of Endocrinology; 25/04/2018 – Takeda strikes deal to buy Shire for £46bn; 08/05/2018 – Takeda finally wins battle to take over Shire for £46bn; 19/04/2018 – RT @CNBCnow: BREAKING: Allergan will not bid for Shire, sources tell CNBC’s @DavidFaber; 24/04/2018 – TAKEDA IS SAID TO NEAR PRELIMINARY AGREEMENT TO BUY SHIRE; 13/04/2018 – REG-Shire plc: Form 8 Opening Position Disclosure – Shire plc

Among 28 analysts covering Shire plc (ADR) (NASDAQ:SHPG), 23 have Buy rating, 0 Sell and 5 Hold. Therefore 82% are positive. Shire plc (ADR) had 79 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of Shire plc (NASDAQ:SHPG) has “Buy” rating given on Friday, December 2 by Societe Generale. The company was maintained on Monday, October 26 by RBC Capital Markets. The firm has “Hold” rating by HSBC given on Monday, September 26. RBC Capital Markets maintained the stock with “Buy” rating in Monday, October 2 report. The stock of Shire plc (NASDAQ:SHPG) earned “Buy” rating by Bank of America on Monday, January 18. The firm earned “Buy” rating on Friday, January 15 by Bank of America. The company was upgraded on Tuesday, October 27 by HSBC. The firm has “Buy” rating by Cowen & Co given on Friday, October 27. SunTrust maintained Shire plc (NASDAQ:SHPG) rating on Thursday, October 26. SunTrust has “Buy” rating and $260.0 target. As per Friday, June 3, the company rating was maintained by Jefferies.

Sachem Head Capital Management Lp, which manages about $1.04B and $3.00 billion US Long portfolio, upped its stake in Facebook Inc (NASDAQ:FB) by 920,000 shares to 2.06M shares, valued at $329.17 million in 2018Q1, according to the filing. It also increased its holding in Time Warner Inc (NYSE:TWX) by 995,000 shares in the quarter, for a total of 3.66M shares, and has risen its stake in Cdk Global Inc (NASDAQ:CDK).

Analysts await Shire plc (NASDAQ:SHPG) to report earnings on October, 26. They expect $3.70 EPS, down 2.89% or $0.11 from last year’s $3.81 per share. SHPG’s profit will be $1.16B for 11.60 P/E if the $3.70 EPS becomes a reality. After $3.88 actual EPS reported by Shire plc for the previous quarter, Wall Street now forecasts -4.64% negative EPS growth.

More recent Shire plc (NASDAQ:SHPG) news were published by: Seekingalpha.com which released: “European Court makes restrictive ruling on genome editing” on July 30, 2018. Also Seekingalpha.com published the news titled: “Merger Arbitrage Mondays – July 16, 2018” on July 16, 2018. Globenewswire.com‘s news article titled: “Shire plc : Director/PDMR Shareholding” with publication date: August 07, 2018 was also an interesting one.

Hahn Capital Management Llc, which manages about $949.07 billion US Long portfolio, decreased its stake in Sei Investments (NASDAQ:SEIC) by 65,055 shares to 539,501 shares, valued at $40.41B in 2018Q1, according to the filing. It also reduced its holding in Keysight Technologies Inc. (NYSE:KEYS) by 204,926 shares in the quarter, leaving it with 802,770 shares, and cut its stake in Becton Dickinson (NYSE:BDX).

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 24 analyst reports since August 24, 2015 according to SRatingsIntel. The company was maintained on Friday, July 8 by Mizuho. JP Morgan maintained the stock with “Overweight” rating in Tuesday, August 16 report. On Thursday, August 25 the stock rating was initiated by BTIG Research with “Buy”. As per Tuesday, July 19, the company rating was maintained by Barclays Capital. Mizuho maintained the stock with “Buy” rating in Tuesday, October 31 report. Barclays Capital maintained the shares of ARE in report on Tuesday, January 30 with “Overweight” rating. The firm has “Buy” rating by Bank of America given on Monday, December 4. JP Morgan maintained it with “Overweight” rating and $131 target in Tuesday, May 22 report. The firm has “Buy” rating given on Tuesday, September 8 by Evercore. The rating was maintained by Bank of America on Monday, November 6 with “Neutral”.

Investors sentiment increased to 1.83 in 2018 Q1. Its up 0.43, from 1.4 in 2017Q4. It improved, as 28 investors sold ARE shares while 90 reduced holdings. 50 funds opened positions while 166 raised stakes. 100.51 million shares or 4.46% more from 96.22 million shares in 2017Q4 were reported. Ellington Mgmt Group Inc Lc owns 3,400 shares or 0.03% of their US portfolio. 12,932 were reported by Bank & Trust Of Nova Scotia. Westpac invested 0% in Alexandria Real Estate Equities, Inc. (NYSE:ARE). Stratos Wealth Prtn Ltd accumulated 0% or 225 shares. Gateway Advisers Limited Liability holds 0.01% or 5,369 shares. Us Bancorporation De has invested 0.01% of its portfolio in Alexandria Real Estate Equities, Inc. (NYSE:ARE). Magnetar Ltd Limited Liability Company has invested 0.01% in Alexandria Real Estate Equities, Inc. (NYSE:ARE). Teacher Retirement Systems Of Texas invested in 21,128 shares. Credit Suisse Ag has 355,933 shares. Huntington State Bank holds 0.03% or 13,792 shares. Cbre Clarion Ltd Liability Com invested in 3.24 million shares or 5.22% of the stock. Ubs Asset Americas reported 583,076 shares. Ing Groep Nv holds 1,844 shares or 0% of its portfolio. Veritable LP has invested 0.03% in Alexandria Real Estate Equities, Inc. (NYSE:ARE). 2,781 were accumulated by Piedmont Inv Advisors Ltd Liability.

Since February 15, 2018, it had 0 insider buys, and 13 insider sales for $13.44 million activity. Diamond Lawrence J sold $315,400 worth of Alexandria Real Estate Equities, Inc. (NYSE:ARE) on Friday, May 4. 25,000 shares were sold by MARCUS JOEL S, worth $3.19 million. The insider Banks Jennifer sold $650,000. Moglia Peter M sold $614,428 worth of stock. Ryan Daniel J also sold $966,675 worth of Alexandria Real Estate Equities, Inc. (NYSE:ARE) shares. Shares for $76,366 were sold by Cain James P on Wednesday, March 28.

Alexandria Real Estate Equities, Inc. (NYSE:ARE) Institutional Positions Chart

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