Barclays PLC Has $869,000 Stock Position in Alexander's, Inc. (NYSE:ALX)

Barclays PLC boosted its stake in shares of Alexander's, Inc. (NYSE:ALX - Free Report) by 369.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,584 shares of the real estate investment trust's stock after purchasing an additional 2,821 shares during the quarter. Barclays PLC's holdings in Alexander's were worth $869,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Zacks Investment Management acquired a new stake in Alexander's during the 3rd quarter worth approximately $3,148,000. Denali Advisors LLC increased its position in Alexander's by 51.2% during the 2nd 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 during the period. Jane Street Group LLC increased its position 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 worth $1,387,000 after buying an additional 3,543 shares during the period. Los Angeles Capital Management LLC lifted its holdings in shares of Alexander's by 24.6% during the third quarter. Los Angeles Capital Management LLC now owns 13,435 shares of the real estate investment trust's stock worth $3,256,000 after buying an additional 2,652 shares in the last quarter. Finally, State Street Corp boosted its position 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 valued at $14,086,000 after acquiring an additional 927 shares during the period. 31.99% of the stock is currently owned by institutional investors and hedge funds.

Alexander's Stock Performance

NYSE:ALX traded up $0.10 during mid-day trading on Wednesday, reaching $200.06. 32,927 shares of the company's stock were exchanged, compared to its average volume of 11,075. Alexander's, Inc. has a one year low of $196.00 and a one year high of $251.63. 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 business's fifty day simple moving average is $217.26 and its two-hundred day simple moving average is $225.32. The firm has a market capitalization of $1.02 billion, a PE ratio of 21.65 and a beta of 0.83.

Alexander's Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Monday, November 11th were issued a $4.50 dividend. The ex-dividend date was Friday, November 8th. This represents a $18.00 annualized dividend and a yield of 9.00%. Alexander's's dividend payout ratio is presently 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.