Toronto Dominion Bank increased its holdings in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 14.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 35,406 shares of the real estate investment trust’s stock after buying an additional 4,581 shares during the period. Toronto Dominion Bank’s holdings in Alexandria Real Estate Equities were worth $4,211,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of ARE. Muzinich & Co. Inc. boosted its position in Alexandria Real Estate Equities by 30.4% during the 2nd quarter. Muzinich & Co. Inc. now owns 943 shares of the real estate investment trust’s stock worth $114,000 after buying an additional 220 shares during the period. Capital Analysts LLC acquired a new stake in Alexandria Real Estate Equities during the 2nd quarter worth approximately $125,000. First Personal Financial Services boosted its position in Alexandria Real Estate Equities by 7.9% during the 2nd quarter. First Personal Financial Services now owns 1,112 shares of the real estate investment trust’s stock worth $134,000 after buying an additional 81 shares during the period. Spirit of America Management Corp NY acquired a new stake in Alexandria Real Estate Equities during the 3rd quarter worth approximately $154,000. Finally, Fox Run Management L.L.C. acquired a new stake in Alexandria Real Estate Equities during the 3rd quarter worth approximately $226,000.

Alexandria Real Estate Equities, Inc. (ARE) opened at $126.21 on Monday. The stock has a market cap of $12,080.00, a P/E ratio of 21.35, a PEG ratio of 3.48 and a beta of 0.85. Alexandria Real Estate Equities, Inc. has a 1 year low of $105.74 and a 1 year high of $127.15. The company has a debt-to-equity ratio of 0.83, a current ratio of 0.21 and a quick ratio of 0.21.

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

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In other news, CEO Joel S. Marcus sold 25,000 shares of the business’s stock in a transaction that occurred on Monday, September 25th. The shares were sold at an average price of $118.99, for a total value of $2,974,750.00. Following the transaction, the chief executive officer now owns 664,436 shares in the company, valued at approximately $79,061,239.64. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Thomas J. Andrews sold 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 5th. The stock was sold at an average price of $120.58, for a total transaction of $602,900.00. Following the completion of the transaction, the executive vice president now owns 158,000 shares in the company, valued at approximately $19,051,640. The disclosure for this sale can be found here. Insiders sold a total of 40,000 shares of company stock worth $4,806,000 in the last 90 days. Corporate insiders own 1.51% of the company’s stock.

ARE has been the topic of several recent research reports. Zacks Investment Research upgraded shares of Alexandria Real Estate Equities from a “hold” rating to a “buy” rating and set a $135.00 target price on the stock in a research report on Wednesday, August 9th. Royal Bank Of Canada reiterated a “hold” rating on shares of Alexandria Real Estate Equities in a research report on Monday, October 23rd. BidaskClub downgraded shares of Alexandria Real Estate Equities from a “hold” rating to a “sell” rating in a research report on Wednesday, August 9th. National Bank Financial downgraded shares of Alexandria Real Estate Equities from an “outperform” rating to a “sector perform” rating and cut their target price for the stock from $20.00 to $18.00 in a research report on Monday, October 23rd. Finally, Mizuho reiterated a “buy” rating and set a $140.00 target price on shares of Alexandria Real Estate Equities in a research report on Wednesday, November 1st. Five equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Alexandria Real Estate Equities has a consensus rating of “Hold” and a consensus price target of $113.17.

About Alexandria Real Estate Equities

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.

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

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