Vanguard Group Inc. Has $62.79 Million Stock Holdings in Alexander's, Inc. (NYSE:ALX)

Vanguard Group Inc. lessened its position in Alexander's, Inc. (NYSE:ALX - Free Report) by 1.3% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 313,835 shares of the real estate investment trust's stock after selling 4,056 shares during the quarter. Vanguard Group Inc. owned approximately 6.14% of Alexander's worth $62,786,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. State Street Corp increased its stake in shares of Alexander's by 1.6% in the third quarter. State Street Corp now owns 58,122 shares of the real estate investment trust's stock worth $14,086,000 after acquiring an additional 927 shares during the last quarter. Denali Advisors LLC lifted its stake in shares of Alexander's by 9.3% in the fourth quarter. Denali Advisors LLC now owns 29,315 shares of the real estate investment trust's stock worth $5,865,000 after buying an additional 2,502 shares during the last quarter. Los Angeles Capital Management LLC boosted its holdings in shares of Alexander's by 19.1% during the 4th quarter. Los Angeles Capital Management LLC now owns 16,007 shares of the real estate investment trust's stock worth $3,202,000 after buying an additional 2,572 shares during the period. New York State Common Retirement Fund grew its stake in 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 buying an additional 600 shares during the last quarter. Finally, Jane Street Group LLC raised its holdings in Alexander's by 162.6% in the 3rd quarter. Jane Street Group LLC now owns 5,722 shares of the real estate investment trust's stock worth $1,387,000 after acquiring an additional 3,543 shares during the period. Institutional investors and hedge funds own 31.99% of the company's stock.

Alexander's Stock Performance

Shares of NYSE:ALX traded up $1.01 during midday trading on Thursday, hitting $199.86. The company's stock had a trading volume of 1,282 shares, compared to its average volume of 15,008. Alexander's, Inc. has a fifty-two week low of $184.76 and a fifty-two week high of $251.63. The company has a debt-to-equity ratio of 5.59, a quick ratio of 13.18 and a current ratio of 13.18. The stock has a market capitalization of $1.02 billion, a price-to-earnings ratio of 23.62 and a beta of 0.82. The stock's 50 day simple moving average is $207.73 and its 200 day simple moving average is $210.97.

Alexander's (NYSE:ALX - Get Free Report) last issued its quarterly earnings results on Monday, February 10th. The real estate investment trust reported $4.06 EPS for the quarter, topping analysts' consensus estimates of $3.71 by $0.35. Alexander's had a return on equity of 21.45% and a net margin of 19.19%. As a group, research analysts anticipate that Alexander's, Inc. will post 11.5 earnings per share for the current year.

Alexander's Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Tuesday, February 18th were paid a $4.50 dividend. This represents a $18.00 annualized dividend and a dividend yield of 9.01%. The ex-dividend date was Tuesday, February 18th. Alexander's's payout ratio is presently 212.77%.

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.