Schwab Charles Investment Management Inc. raised its position in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 9.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,001,212 shares of the real estate investment trust’s stock after acquiring an additional 86,510 shares during the quarter. Schwab Charles Investment Management Inc. owned approximately 1.05% of Alexandria Real Estate Equities worth $119,115,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. raised its holdings in shares of Alexandria Real Estate Equities by 14.7% during the second quarter. JPMorgan Chase & Co. now owns 1,997,637 shares of the real estate investment trust’s stock valued at $240,656,000 after acquiring an additional 255,378 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp increased its holdings in shares of Alexandria Real Estate Equities by 13.9% in the second quarter. Mitsubishi UFJ Trust & Banking Corp now owns 179,766 shares of the real estate investment trust’s stock valued at $21,656,000 after purchasing an additional 21,974 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Alexandria Real Estate Equities by 6.2% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 43,846 shares of the real estate investment trust’s stock valued at $5,282,000 after purchasing an additional 2,554 shares during the last quarter. Green Street Investors LLC acquired a new stake in shares of Alexandria Real Estate Equities in the third quarter valued at approximately $2,736,000. Finally, Toronto Dominion Bank increased its holdings in shares of Alexandria Real Estate Equities by 14.9% in the third quarter. Toronto Dominion Bank now owns 35,406 shares of the real estate investment trust’s stock valued at $4,211,000 after purchasing an additional 4,581 shares during the last quarter.

Several equities research analysts recently commented on the company. Bank of America increased their price target on Alexandria Real Estate Equities from $129.00 to $133.00 and gave the company a “neutral” rating in a report on Monday, November 6th. Zacks Investment Research raised Alexandria Real Estate Equities from a “sell” rating to a “hold” rating in a report on Friday, November 3rd. Mizuho reaffirmed a “buy” rating and issued a $140.00 price target on shares of Alexandria Real Estate Equities in a report on Wednesday, November 1st. National Bank Financial cut Alexandria Real Estate Equities from an “outperform” rating to a “sector perform” rating and cut their price target for the company from $20.00 to $18.00 in a report on Monday, October 23rd. Finally, Royal Bank Of Canada reaffirmed a “hold” rating on shares of Alexandria Real Estate Equities in a report on Monday, October 23rd. Five research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $113.17.

In related news, EVP Thomas J. Andrews sold 5,000 shares of the stock in a transaction that occurred on Monday, September 11th. The stock was sold at an average price of $120.41, for a total value of $602,050.00. Following the completion of the transaction, the executive vice president now directly owns 153,000 shares in the company, valued at $18,422,730. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Joel S. Marcus sold 25,000 shares of the stock in a transaction that occurred on Monday, September 25th. The stock was sold at an average price of $118.99, for a total value of $2,974,750.00. Following the completion of the transaction, the chief executive officer now owns 664,436 shares of the company’s stock, valued at $79,061,239.64. The disclosure for this sale can be found here. Insiders sold 50,000 shares of company stock valued at $6,080,700 over the last quarter. 1.51% of the stock is currently owned by company insiders.

Alexandria Real Estate Equities, Inc. (NYSE ARE) traded up $0.09 during trading hours on Friday, hitting $127.06. The company had a trading volume of 1,027,500 shares, compared to its average volume of 723,394. The firm has a market capitalization of $12,320.00, a PE ratio of 21.30, a PEG ratio of 3.47 and a beta of 0.85. Alexandria Real Estate Equities, Inc. has a 12-month low of $105.74 and a 12-month high of $128.29. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.21 and a current ratio of 0.21.

Alexandria Real Estate Equities (NYSE:ARE) last issued its quarterly earnings data on Monday, October 30th. The real estate investment trust reported $0.55 earnings per share for the quarter, missing the consensus estimate of $1.51 by ($0.96). The business had revenue of $285.60 million during the quarter, compared to analysts’ expectations of $286.11 million. Alexandria Real Estate Equities had a return on equity of 3.69% and a net margin of 13.21%. The company’s revenue was up 24.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.39 earnings per share. sell-side analysts forecast that Alexandria Real Estate Equities, Inc. will post 6.02 EPS for the current year.

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Alexandria Real Estate Equities Company Profile

Alexandria Real Estate Equities, Inc is a real estate investment (REIT). The Company is engaged in the business of providing space for lease to the life science and technology industries. It focuses on collaborative life science and technology campuses. It develops urban cluster campuses and ecosystems.

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Institutional Ownership by Quarter for Alexandria Real Estate Equities (NYSE:ARE)

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