UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 1,476 Shares of Alexander's, Inc. (NYSE:ALX)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC cut its stake in shares of Alexander's, Inc. (NYSE:ALX - Free Report) by 48.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,562 shares of the real estate investment trust's stock after selling 1,476 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC's holdings in Alexander's were worth $312,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of ALX. Rhumbline Advisers raised its position in Alexander's by 7.0% in the 4th quarter. Rhumbline Advisers now owns 3,555 shares of the real estate investment trust's stock worth $711,000 after purchasing an additional 234 shares during the period. Principal Financial Group Inc. grew its position in Alexander's by 7.3% in the 4th quarter. Principal Financial Group Inc. now owns 1,193 shares of the real estate investment trust's stock valued at $239,000 after acquiring an additional 81 shares during the last quarter. New York State Common Retirement Fund increased its stake in Alexander's by 6.2% in the fourth 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 during the period. Los Angeles Capital Management LLC boosted its stake 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 purchasing an additional 2,572 shares during the period. Finally, Denali Advisors LLC boosted its stake 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 purchasing an additional 2,502 shares during the period. 31.99% of the stock is owned by institutional investors.

Alexander's Trading Down 0.7%

ALX stock traded down $1.57 during trading on Friday, hitting $225.07. The company had a trading volume of 69,194 shares, compared to its average volume of 16,558. The company has a quick ratio of 13.18, a current ratio of 13.18 and a debt-to-equity ratio of 5.59. The firm has a market capitalization of $1.15 billion, a P/E ratio of 26.60 and a beta of 0.85. The company has a 50 day simple moving average of $213.10 and a 200-day simple moving average of $207.71. Alexander's, Inc. has a 52-week low of $184.76 and a 52-week high of $251.63.

Alexander's (NYSE:ALX - Get Free Report) last announced 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. The company had revenue of $54.92 million for the quarter, compared to analysts' expectations of $56.00 million. Alexander's had a return on equity of 21.45% and a net margin of 19.19%. As a group, research analysts forecast that Alexander's, Inc. will post 11.5 earnings per share for the current fiscal year.

Alexander's Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 30th. Investors of record on Monday, May 12th were paid a $4.50 dividend. This represents a $18.00 dividend on an annualized basis and a yield of 8.00%. The ex-dividend date of this dividend was Monday, May 12th. Alexander's's dividend payout ratio (DPR) is presently 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.