Short Interest in Alexander's, Inc. (NYSE:ALX) Grows By 17.5%

Alexander's, Inc. (NYSE:ALX - Get Free Report) saw a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 126,200 shares, an increase of 17.5% from the January 15th total of 107,400 shares. Currently, 6.0% of the company's stock are short sold. Based on an average daily trading volume, of 12,900 shares, the short-interest ratio is currently 9.8 days.

Alexander's Stock Down 0.0 %

Alexander's stock traded down $0.07 during mid-day trading on Wednesday, reaching $201.95. 4,068 shares of the company were exchanged, compared to its average volume of 12,230. The business has a fifty day moving average of $197.06 and a 200 day moving average of $217.11. 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 firm has a market cap of $1.03 billion, a P/E ratio of 23.87 and a beta of 0.84. Alexander's has a 12-month low of $184.76 and a 12-month high of $251.63.

Alexander's (NYSE:ALX - Get Free Report) last posted its earnings results on Monday, February 10th. The real estate investment trust reported $4.06 earnings per share 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%. Research analysts anticipate that Alexander's will post 11.5 earnings per share for the current fiscal year.

Alexander's Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Tuesday, February 18th will be issued a dividend of $4.50 per share. The ex-dividend date is Tuesday, February 18th. This represents a $18.00 dividend on an annualized basis and a yield of 8.91%. Alexander's's dividend payout ratio is currently 212.77%.

Institutional Trading of Alexander's

A number of hedge funds have recently bought and sold shares of the stock. State Street Corp lifted its holdings in shares of Alexander's by 1.6% during the 3rd quarter. State Street Corp now owns 58,122 shares of the real estate investment trust's stock valued at $14,086,000 after purchasing an additional 927 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Alexander's by 1.2% during the 4th quarter. Geode Capital Management LLC now owns 57,932 shares of the real estate investment trust's stock valued at $11,593,000 after purchasing an additional 687 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Alexander's by 5.3% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 56,810 shares of the real estate investment trust's stock valued at $11,365,000 after purchasing an additional 2,861 shares during the last quarter. Denali Advisors LLC lifted its holdings in shares of Alexander's by 9.3% during the 4th 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 last quarter. Finally, Northern Trust Corp lifted its holdings in shares of Alexander's by 12.4% during the 4th quarter. Northern Trust Corp now owns 22,424 shares of the real estate investment trust's stock valued at $4,486,000 after purchasing an additional 2,466 shares during the last quarter. Hedge funds and other institutional investors own 31.99% of the company's stock.

Alexander's Company Profile

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.