TD Private Client Wealth LLC Purchases 7,465 Shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE)

TD Private Client Wealth LLC boosted its holdings in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE - Free Report) by 58.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,290 shares of the real estate investment trust's stock after buying an additional 7,465 shares during the period. TD Private Client Wealth LLC's holdings in Alexandria Real Estate Equities were worth $1,979,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. EverSource Wealth Advisors LLC raised its holdings in shares of Alexandria Real Estate Equities by 57.7% in the 4th quarter. EverSource Wealth Advisors LLC now owns 298 shares of the real estate investment trust's stock worth $29,000 after buying an additional 109 shares in the last quarter. Callan Capital LLC raised its stake in Alexandria Real Estate Equities by 1.3% during the fourth quarter. Callan Capital LLC now owns 8,946 shares of the real estate investment trust's stock worth $873,000 after acquiring an additional 111 shares in the last quarter. Capital Square LLC lifted its holdings in shares of Alexandria Real Estate Equities by 2.1% during the third quarter. Capital Square LLC now owns 5,811 shares of the real estate investment trust's stock valued at $690,000 after acquiring an additional 118 shares during the period. M&T Bank Corp boosted its stake in shares of Alexandria Real Estate Equities by 0.7% in the 4th quarter. M&T Bank Corp now owns 19,478 shares of the real estate investment trust's stock valued at $1,901,000 after purchasing an additional 127 shares in the last quarter. Finally, Private Trust Co. NA grew its holdings in shares of Alexandria Real Estate Equities by 30.2% in the 4th quarter. Private Trust Co. NA now owns 776 shares of the real estate investment trust's stock worth $76,000 after purchasing an additional 180 shares during the last quarter. Institutional investors own 96.54% of the company's stock.

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Analyst Ratings Changes

Several brokerages recently issued reports on ARE. Wedbush reissued a "neutral" rating and set a $104.00 price target on shares of Alexandria Real Estate Equities in a report on Wednesday, January 29th. Royal Bank of Canada cut their target price on shares of Alexandria Real Estate Equities from $125.00 to $114.00 and set a "sector perform" rating for the company in a research note on Tuesday, December 17th. JMP Securities restated a "market outperform" rating and set a $130.00 price target on shares of Alexandria Real Estate Equities in a research report on Wednesday, January 29th. JPMorgan Chase & Co. cut Alexandria Real Estate Equities from an "overweight" rating to a "neutral" rating and dropped their price target for the company from $133.00 to $121.00 in a report on Wednesday, November 27th. Finally, Jefferies Financial Group started coverage on Alexandria Real Estate Equities in a research note on Monday, March 17th. They issued a "hold" rating and a $100.00 price objective on the stock. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $118.60.

Alexandria Real Estate Equities Trading Down 0.4 %

Shares of ARE traded down $0.39 during trading hours on Thursday, hitting $95.74. 902,689 shares of the stock traded hands, compared to its average volume of 1,039,935. The business has a fifty day moving average of $98.22 and a 200-day moving average of $106.04. The firm has a market capitalization of $16.57 billion, a PE ratio of 53.19, a price-to-earnings-growth ratio of 3.93 and a beta of 1.17. Alexandria Real Estate Equities, Inc. has a 1-year low of $93.25 and a 1-year high of $130.14. The company has a current ratio of 0.21, a quick ratio of 0.21 and a debt-to-equity ratio of 0.55.

Alexandria Real Estate Equities (NYSE:ARE - Get Free Report) last released its earnings results on Monday, January 27th. The real estate investment trust reported $2.39 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 expect that Alexandria Real Estate Equities, Inc. will post 9.32 EPS for the current year.

Alexandria Real Estate Equities Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be paid a dividend of $1.32 per share. The ex-dividend date is Monday, March 31st. This represents a $5.28 dividend on an annualized basis and a dividend yield of 5.51%. Alexandria Real Estate Equities's dividend payout ratio (DPR) is presently 293.33%.

Alexandria Real Estate Equities declared that its Board of Directors has initiated a share buyback program on Monday, December 9th that authorizes the company to buyback $500.00 million in outstanding shares. This buyback authorization authorizes the real estate investment trust to buy up to 2.7% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's management believes its shares are undervalued.

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.