Alexandria Real Estate Equities, Inc. (NYSE:ARE) Shares Bought by MML Investors Services LLC

MML Investors Services LLC grew its holdings in Alexandria Real Estate Equities, Inc. (NYSE:ARE - Free Report) by 30.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,173 shares of the real estate investment trust's stock after purchasing an additional 6,086 shares during the quarter. MML Investors Services LLC's holdings in Alexandria Real Estate Equities were worth $2,553,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Norges Bank purchased a new position in Alexandria Real Estate Equities during the fourth quarter worth approximately $1,605,426,000. JPMorgan Chase & Co. boosted its position in shares of Alexandria Real Estate Equities by 212.9% during the 4th quarter. JPMorgan Chase & Co. now owns 8,265,880 shares of the real estate investment trust's stock valued at $806,337,000 after acquiring an additional 5,624,163 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Alexandria Real Estate Equities by 2.4% in the fourth quarter. Geode Capital Management LLC now owns 4,135,591 shares of the real estate investment trust's stock valued at $402,450,000 after purchasing an additional 96,771 shares during the period. Capital World Investors acquired a new stake in Alexandria Real Estate Equities during the fourth quarter worth about $326,959,000. Finally, Charles Schwab Investment Management Inc. raised its stake in Alexandria Real Estate Equities by 0.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,466,187 shares of the real estate investment trust's stock worth $240,577,000 after purchasing an additional 15,285 shares during the period. 96.54% of the stock is currently owned by institutional investors and hedge funds.

Alexandria Real Estate Equities Stock Down 1.8 %

Shares of ARE opened at $75.86 on Monday. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.21 and a current ratio of 0.21. The stock has a market capitalization of $13.12 billion, a PE ratio of 42.14, a P/E/G ratio of 3.93 and a beta of 1.24. The company's 50-day simple moving average is $90.42 and its 200-day simple moving average is $99.61. Alexandria Real Estate Equities, Inc. has a 1 year low of $71.57 and a 1 year high of $130.14.

Alexandria Real Estate Equities (NYSE:ARE - Get Free Report) last issued its quarterly earnings results on Monday, January 27th. The real estate investment trust reported $2.39 EPS for the quarter, beating 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%. Analysts forecast 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 business also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were issued a $1.32 dividend. The ex-dividend date was Monday, March 31st. This represents a $5.28 dividend on an annualized basis and a yield of 6.96%. Alexandria Real Estate Equities's dividend payout ratio (DPR) is presently 293.33%.

Wall Street Analyst Weigh In

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

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.

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