Fmr LLC Has $844,000 Position in Alexander’s, Inc. (NYSE:ALX)

Fmr LLC increased its holdings in Alexander’s, Inc. (NYSE:ALX) by 17.1% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 3,484 shares of the real estate investment trust’s stock after buying an additional 510 shares during the quarter. Fmr LLC’s holdings in Alexander’s were worth $844,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in ALX. Principal Financial Group Inc. lifted its holdings in shares of Alexander’s by 7.9% during the second quarter. Principal Financial Group Inc. now owns 997 shares of the real estate investment trust’s stock valued at $224,000 after acquiring an additional 73 shares during the period. GraniteShares Advisors LLC lifted its holdings in Alexander’s by 14.3% during the 2nd quarter. GraniteShares Advisors LLC now owns 8,768 shares of the real estate investment trust’s stock valued at $1,972,000 after purchasing an additional 1,096 shares during the last quarter. Rhumbline Advisers boosted its position in Alexander’s by 2.6% in the second quarter. Rhumbline Advisers now owns 3,478 shares of the real estate investment trust’s stock valued at $782,000 after buying an additional 87 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in Alexander’s by 1.2% during the second quarter. Dimensional Fund Advisors LP now owns 34,745 shares of the real estate investment trust’s stock worth $7,812,000 after buying an additional 413 shares during the last quarter. Finally, Denali Advisors LLC increased its holdings in shares of Alexander’s by 51.2% during the second quarter. Denali Advisors LLC now owns 19,500 shares of the real estate investment trust’s stock worth $4,385,000 after buying an additional 6,600 shares in the last quarter. Institutional investors and hedge funds own 31.99% of the company’s stock.

Alexander’s Trading Up 0.5 %

ALX stock opened at $213.34 on Wednesday. The company has a debt-to-equity ratio of 5.18, a current ratio of 10.21 and a quick ratio of 10.21. The stock has a market capitalization of $1.09 billion, a price-to-earnings ratio of 23.09 and a beta of 0.83. The business has a fifty day moving average price of $224.02 and a 200 day moving average price of $226.32. Alexander’s, Inc. has a fifty-two week low of $199.66 and a fifty-two week high of $251.63.

Alexander’s Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, November 29th. Investors of record on Monday, November 11th were given a dividend of $4.50 per share. The ex-dividend date was Friday, November 8th. This represents a $18.00 annualized dividend and a yield of 8.44%. Alexander’s’s dividend payout ratio (DPR) is 194.81%.

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).