Barclays PLC Buys 2,821 Shares of Alexander's, Inc. (NYSE:ALX)

Barclays PLC boosted its position 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 SEC. The fund owned 3,584 shares of the real estate investment trust's stock after acquiring an additional 2,821 shares during the quarter. Barclays PLC owned 0.07% of Alexander's worth $869,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of ALX. State Street Corp increased its holdings in Alexander's by 1.6% in the 3rd 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 in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Alexander's by 1.2% in the second quarter. Dimensional Fund Advisors LP now owns 34,745 shares of the real estate investment trust's stock valued at $7,812,000 after acquiring an additional 413 shares in the last quarter. Los Angeles Capital Management LLC grew its position 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 purchasing an additional 2,652 shares in the last quarter. Zacks Investment Management bought a new stake in Alexander's during the 3rd quarter valued at approximately $3,148,000. Finally, Jane Street Group LLC lifted its holdings in shares of Alexander's by 162.6% in the third 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 in the last quarter. Hedge funds and other institutional investors own 31.99% of the company's stock.

Alexander's Price Performance

Shares of ALX traded down $1.08 during midday trading on Thursday, hitting $190.19. 3,104 shares of the company traded hands, compared to its average volume of 11,636. The firm has a 50 day moving average of $209.93 and a 200-day moving average of $223.39. Alexander's, Inc. has a 52 week low of $184.76 and a 52 week high of $251.63. The stock has a market cap of $971.85 million, a price-to-earnings ratio of 20.58 and a beta of 0.84. The company has a debt-to-equity ratio of 5.18, a quick ratio of 10.21 and a current ratio of 10.21.

Alexander's Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, November 29th. Investors of record on Monday, November 11th were issued a $4.50 dividend. This represents a $18.00 dividend on an annualized basis and a dividend yield of 9.46%. The ex-dividend date was Friday, November 8th. Alexander's's dividend payout ratio (DPR) is presently 194.81%.

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.