Alexander's, Inc. (NYSE:ALX - Get Free Report)'s stock price reached a new 52-week low on Monday . The company traded as low as $184.96 and last traded at $184.96, with a volume of 922 shares traded. The stock had previously closed at $186.88.
Alexander's Stock Down 0.8 %
The company has a debt-to-equity ratio of 5.18, a quick ratio of 10.21 and a current ratio of 10.21. The stock has a 50-day moving average of $212.25 and a two-hundred day moving average of $224.12. The company has a market cap of $946.53 million, a P/E ratio of 20.06 and a beta of 0.84.
Alexander's Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Monday, November 11th were paid a dividend of $4.50 per share. The ex-dividend date was Friday, November 8th. This represents a $18.00 annualized dividend and a dividend yield of 9.71%. Alexander's's dividend payout ratio (DPR) is presently 194.81%.
Institutional Investors Weigh In On Alexander's
Institutional investors have recently modified their holdings of the stock. Principal Financial Group Inc. increased its position in Alexander's by 11.5% in the third quarter. Principal Financial Group Inc. now owns 1,112 shares of the real estate investment trust's stock worth $270,000 after buying an additional 115 shares in the last quarter. Franklin Resources Inc. grew its position in shares of Alexander's by 5.6% during the third quarter. Franklin Resources Inc. now owns 976 shares of the real estate investment trust's stock worth $225,000 after purchasing an additional 52 shares in the last quarter. Barclays PLC grew its position in shares of Alexander's by 369.7% during the third quarter. Barclays PLC now owns 3,584 shares of the real estate investment trust's stock worth $869,000 after purchasing an additional 2,821 shares in the last quarter. Zacks Investment Management purchased a new stake in shares of Alexander's during the third quarter worth about $3,148,000. Finally, Jane Street Group LLC grew its holdings in Alexander's by 162.6% during the 3rd quarter. Jane Street Group LLC now owns 5,722 shares of the real estate investment trust's stock valued at $1,387,000 after buying an additional 3,543 shares in the last quarter. 31.99% of the stock is owned by hedge funds and other institutional investors.
Alexander's Company Profile
(
Get 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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