Tudor Investment Corp ET AL raised its holdings in Alexander's, Inc. (NYSE:ALX - Free Report) by 106.3% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 8,468 shares of the real estate investment trust's stock after acquiring an additional 4,364 shares during the quarter. Tudor Investment Corp ET AL owned approximately 0.17% of Alexander's worth $1,694,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Geode Capital Management LLC raised its holdings in shares of Alexander's by 1.2% in the fourth quarter. Geode Capital Management LLC now owns 57,932 shares of the real estate investment trust's stock valued at $11,593,000 after acquiring an additional 687 shares in the last quarter. Denali Advisors LLC increased its holdings in shares of Alexander's by 9.3% during the fourth quarter. Denali Advisors LLC now owns 29,315 shares of the real estate investment trust's stock valued at $5,865,000 after acquiring an additional 2,502 shares in the last quarter. Los Angeles Capital Management LLC grew its holdings in shares of Alexander's by 19.1% during the fourth 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 buying an additional 2,572 shares during the last quarter. Zacks Investment Management raised its stake in shares of Alexander's by 11.9% in the fourth 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 last quarter. Finally, New York State Common Retirement Fund boosted its holdings in shares of Alexander's by 6.2% in the 4th quarter. New York State Common Retirement Fund now owns 10,318 shares of the real estate investment trust's stock valued at $2,064,000 after acquiring an additional 600 shares during the last quarter. Institutional investors own 31.99% of the company's stock.
Alexander's Stock Performance
Shares of ALX stock traded down $0.75 on Thursday, hitting $212.05. The company had a trading volume of 16,779 shares, compared to its average volume of 13,135. The firm has a market cap of $1.08 billion, a P/E ratio of 25.06 and a beta of 0.78. Alexander's, Inc. has a twelve month low of $184.76 and a twelve month high of $251.63. The company has a 50-day moving average price of $207.90 and a 200-day moving average price of $208.25. The company has a quick ratio of 13.18, a current ratio of 13.18 and a debt-to-equity ratio of 5.59.
Alexander's (NYSE:ALX - Get Free Report) last posted its quarterly earnings data on Monday, May 5th. The real estate investment trust reported $4.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.57 by $0.49. Alexander's had a return on equity of 21.45% and a net margin of 19.19%. The company had revenue of $54.92 million for the quarter, compared to analysts' expectations of $56.00 million. As a group, equities research analysts predict that Alexander's, Inc. will post 11.5 earnings per share for the current fiscal year.
Alexander's Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Monday, May 12th will be issued a dividend of $4.50 per share. The ex-dividend date of this dividend is Monday, May 12th. This represents a $18.00 annualized dividend and a dividend yield of 8.49%. Alexander's's dividend payout ratio is presently 233.16%.
Alexander's Profile
(
Free Report)
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.
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