Alexandria Real Estate Equities, Inc. (NYSE:ARE) Stock Holdings Lifted by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. increased its stake in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE - Free Report) by 6.8% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 150,687 shares of the real estate investment trust's stock after acquiring an additional 9,534 shares during the period. TD Waterhouse Canada Inc. owned approximately 0.09% of Alexandria Real Estate Equities worth $14,689,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Lasalle Investment Management Securities LLC increased its holdings in shares of Alexandria Real Estate Equities by 33.8% in the 4th quarter. Lasalle Investment Management Securities LLC now owns 585,280 shares of the real estate investment trust's stock valued at $57,094,000 after acquiring an additional 147,936 shares during the last quarter. MML Investors Services LLC increased its holdings in shares of Alexandria Real Estate Equities by 30.3% in the 4th quarter. MML Investors Services LLC now owns 26,173 shares of the real estate investment trust's stock valued at $2,553,000 after acquiring an additional 6,086 shares during the last quarter. MetLife Investment Management LLC increased its holdings in shares of Alexandria Real Estate Equities by 1.2% in the 4th quarter. MetLife Investment Management LLC now owns 46,042 shares of the real estate investment trust's stock valued at $4,491,000 after acquiring an additional 532 shares during the last quarter. Natixis increased its holdings in shares of Alexandria Real Estate Equities by 320.4% in the 4th quarter. Natixis now owns 66,270 shares of the real estate investment trust's stock valued at $6,465,000 after acquiring an additional 50,505 shares during the last quarter. Finally, Norinchukin Bank The increased its holdings in shares of Alexandria Real Estate Equities by 1.8% in the 4th quarter. Norinchukin Bank The now owns 13,627 shares of the real estate investment trust's stock valued at $1,329,000 after acquiring an additional 235 shares during the last quarter. 96.54% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

ARE has been the subject of a number of recent research reports. StockNews.com upgraded Alexandria Real Estate Equities from a "sell" rating to a "hold" rating in a research note on Thursday, April 3rd. JMP Securities restated a "market outperform" rating and set a $130.00 price objective on shares of Alexandria Real Estate Equities in a research note on Wednesday, January 29th. Jefferies Financial Group initiated coverage on Alexandria Real Estate Equities in a research note on Monday, March 17th. They set a "hold" rating and a $100.00 price objective for the company. Finally, Wedbush restated a "neutral" rating and set a $104.00 price objective on shares of Alexandria Real Estate Equities in a research note on Wednesday, January 29th. Ten equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $118.60.

Alexandria Real Estate Equities Price Performance

NYSE:ARE traded down $1.40 during mid-day trading on Friday, reaching $75.86. 1,220,353 shares of the stock were exchanged, compared to its average volume of 1,181,535. The company has a current ratio of 0.21, a quick ratio of 0.21 and a debt-to-equity ratio of 0.55. The business has a fifty day moving average price of $90.42 and a 200 day moving average price of $99.61. Alexandria Real Estate Equities, Inc. has a 1-year low of $71.57 and a 1-year high of $130.14. The firm has a market capitalization of $13.12 billion, a PE ratio of 42.14, a PEG ratio of 3.93 and a beta of 1.24.

Alexandria Real Estate Equities (NYSE:ARE - Get Free Report) last announced its quarterly earnings data on Monday, January 27th. The real estate investment trust reported $2.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.91 by $1.48. Alexandria Real Estate Equities had a net margin of 10.36% and a return on equity of 1.43%. Research analysts expect that Alexandria Real Estate Equities, Inc. will post 9.32 earnings per share for the current fiscal year.

Alexandria Real Estate Equities Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were paid a $1.32 dividend. The ex-dividend date was Monday, March 31st. This represents a $5.28 annualized dividend and a dividend yield of 6.96%. Alexandria Real Estate Equities's dividend payout ratio is currently 293.33%.

Alexandria Real Estate Equities Profile

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.