Charles Schwab Investment Management Inc. Grows Stock Holdings in Alexandria Real Estate Equities, Inc. (NYSE:ARE)

Charles Schwab Investment Management Inc. lifted its position in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE - Free Report) by 3.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,665,800 shares of the real estate investment trust's stock after buying an additional 62,540 shares during the quarter. Charles Schwab Investment Management Inc. owned about 0.95% of Alexandria Real Estate Equities worth $211,173,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of ARE. Oakworth Capital Inc. acquired a new stake in Alexandria Real Estate Equities in the fourth quarter worth $25,000. Capital Advisors Ltd. LLC acquired a new stake in Alexandria Real Estate Equities in the fourth quarter worth $25,000. HHM Wealth Advisors LLC grew its holdings in Alexandria Real Estate Equities by 340.9% in the fourth quarter. HHM Wealth Advisors LLC now owns 194 shares of the real estate investment trust's stock worth $25,000 after purchasing an additional 150 shares during the period. Parkside Financial Bank & Trust grew its holdings in Alexandria Real Estate Equities by 61.7% in the third quarter. Parkside Financial Bank & Trust now owns 291 shares of the real estate investment trust's stock worth $29,000 after purchasing an additional 111 shares during the period. Finally, CENTRAL TRUST Co acquired a new stake in Alexandria Real Estate Equities in the third quarter worth $33,000. 96.54% of the stock is currently owned by institutional investors and hedge funds.

Alexandria Real Estate Equities Stock Performance

ARE stock traded up $2.42 during mid-day trading on Thursday, hitting $120.52. The company had a trading volume of 428,490 shares, compared to its average volume of 972,744. The firm has a market cap of $21.08 billion, a PE ratio of 111.87, a price-to-earnings-growth ratio of 2.32 and a beta of 1.07. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.30 and a current ratio of 0.30. Alexandria Real Estate Equities, Inc. has a 12 month low of $90.73 and a 12 month high of $135.45. The stock's fifty day moving average price is $122.70 and its two-hundred day moving average price is $118.34.

Alexandria Real Estate Equities Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Thursday, March 28th were paid a $1.27 dividend. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $5.08 annualized dividend and a dividend yield of 4.22%. Alexandria Real Estate Equities's payout ratio is 474.77%.

Insider Transactions at Alexandria Real Estate Equities

In other news, CEO Peter M. Moglia sold 3,200 shares of Alexandria Real Estate Equities stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $122.90, for a total value of $393,280.00. Following the completion of the transaction, the chief executive officer now owns 249,683 shares in the company, valued at $30,686,040.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, CEO Peter M. Moglia sold 3,200 shares of the business's stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $122.90, for a total transaction of $393,280.00. Following the completion of the transaction, the chief executive officer now owns 249,683 shares of the company's stock, valued at $30,686,040.70. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Chairman Joel S. Marcus sold 7,500 shares of the business's stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $118.92, for a total transaction of $891,900.00. Following the transaction, the chairman now directly owns 429,538 shares of the company's stock, valued at approximately $51,080,658.96. The disclosure for this sale can be found here. Corporate insiders own 1.15% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on ARE shares. StockNews.com raised shares of Alexandria Real Estate Equities from a "sell" rating to a "hold" rating in a research note on Thursday, March 21st. Deutsche Bank Aktiengesellschaft started coverage on shares of Alexandria Real Estate Equities in a research note on Tuesday, January 30th. They issued a "buy" rating and a $140.00 price objective on the stock. JMP Securities reaffirmed a "market outperform" rating and issued a $140.00 price objective on shares of Alexandria Real Estate Equities in a research note on Wednesday, January 31st. Evercore ISI dropped their price objective on shares of Alexandria Real Estate Equities from $137.00 to $132.00 and set an "outperform" rating on the stock in a research note on Thursday, April 25th. Finally, Wedbush reissued an "outperform" rating and set a $140.00 price target on shares of Alexandria Real Estate Equities in a research report on Wednesday, April 24th. Two investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $136.75.

About Alexandria Real Estate Equities

Alexandria Real Estate Equities, Inc NYSE: ARE, an S&P 500 company, is a best-in-class, mission-driven life science REIT making a positive and lasting impact on the world. As the pioneer of the life science real estate niche since our founding in 1994, Alexandria is the preeminent and longest-tenured owner, operator, and developer of collaborative life science, agtech, and advanced technology mega campuses in AAA innovation cluster locations, including Greater Boston, the San Francisco Bay Area, New York City, San Diego, Seattle, Maryland, and Research Triangle.