Alexander's, Inc. (NYSE:ALX) Shares Acquired by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL boosted its position in Alexander's, Inc. (NYSE:ALX - Free Report) by 106.3% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 8,468 shares of the real estate investment trust's stock after acquiring an additional 4,364 shares during the period. Tudor Investment Corp ET AL owned about 0.17% of Alexander's worth $1,694,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Geode Capital Management LLC raised its stake in Alexander's by 1.2% during the fourth quarter. Geode Capital Management LLC now owns 57,932 shares of the real estate investment trust's stock worth $11,593,000 after purchasing an additional 687 shares during the period. Denali Advisors LLC raised its holdings in shares of Alexander's by 9.3% in the 4th quarter. Denali Advisors LLC now owns 29,315 shares of the real estate investment trust's stock worth $5,865,000 after purchasing an additional 2,502 shares during the period. Los Angeles Capital Management LLC lifted its stake in shares of Alexander's by 19.1% in the 4th quarter. Los Angeles Capital Management LLC now owns 16,007 shares of the real estate investment trust's stock valued at $3,202,000 after purchasing an additional 2,572 shares in the last quarter. Zacks Investment Management grew its holdings in shares of Alexander's by 11.9% during the 4th quarter. Zacks Investment Management now owns 14,541 shares of the real estate investment trust's stock worth $2,909,000 after purchasing an additional 1,551 shares during the period. Finally, New York State Common Retirement Fund increased its position in Alexander's by 6.2% during the 4th quarter. New York State Common Retirement Fund now owns 10,318 shares of the real estate investment trust's stock worth $2,064,000 after purchasing an additional 600 shares in the last quarter. 31.99% of the stock is currently owned by institutional investors and hedge funds.

Alexander's Trading Up 1.4 %

ALX stock traded up $2.99 during midday trading on Friday, reaching $214.80. 22,831 shares of the company's stock traded hands, compared to its average volume of 13,186. The company has a debt-to-equity ratio of 5.59, a current ratio of 13.18 and a quick ratio of 13.18. Alexander's, Inc. has a fifty-two week low of $184.76 and a fifty-two week high of $251.63. The business has a 50-day moving average price of $207.95 and a two-hundred day moving average price of $207.91. The company has a market capitalization of $1.10 billion, a P/E ratio of 25.39 and a beta of 0.78.

Alexander's (NYSE:ALX - Get Free Report) last announced its quarterly earnings results on Monday, May 5th. The real estate investment trust reported $4.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.57 by $0.49. The firm had revenue of $54.92 million during the quarter, compared to the consensus estimate of $56.00 million. Alexander's had a return on equity of 21.45% and a net margin of 19.19%. Equities research analysts forecast that Alexander's, Inc. will post 11.5 EPS for the current fiscal year.

Alexander's Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Monday, May 12th will be given a dividend of $4.50 per share. The ex-dividend date is Monday, May 12th. This represents a $18.00 dividend on an annualized basis and a dividend yield of 8.38%. Alexander's's payout ratio is currently 233.16%.

About Alexander's

Alexander's, Inc NYSE: ALX is a real estate investment trust (REIT), incorporated in Delaware, engaged in leasing, managing, developing and redeveloping its properties. All references to we, us, our, Company and Alexander's refer to Alexander's, Inc and its consolidated subsidiaries. We are managed by, and our properties are leased and developed by, Vornado Realty Trust (Vornado) NYSE: VNO.