Jane Street Group LLC Has $1.39 Million Stock Holdings in Alexander's, Inc. (NYSE:ALX)

Jane Street Group LLC grew its stake in shares of Alexander's, Inc. (NYSE:ALX - Free Report) by 162.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,722 shares of the real estate investment trust's stock after acquiring an additional 3,543 shares during the period. Jane Street Group LLC's holdings in Alexander's were worth $1,387,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. The Manufacturers Life Insurance Company boosted its position in shares of Alexander's by 7.1% in the second quarter. The Manufacturers Life Insurance Company now owns 1,290 shares of the real estate investment trust's stock valued at $290,000 after acquiring an additional 86 shares during the period. Principal Financial Group Inc. boosted its holdings in Alexander's by 11.5% in the 3rd quarter. Principal Financial Group Inc. now owns 1,112 shares of the real estate investment trust's stock valued at $270,000 after purchasing an additional 115 shares during the period. GraniteShares Advisors LLC grew its position in shares of 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 worth $1,972,000 after purchasing an additional 1,096 shares in the last quarter. SG Americas Securities LLC bought a new position in shares of Alexander's during the third quarter worth approximately $215,000. Finally, Rhumbline Advisers increased its holdings in shares of Alexander's by 2.6% during the second quarter. Rhumbline Advisers now owns 3,478 shares of the real estate investment trust's stock worth $782,000 after purchasing an additional 87 shares during the period. Institutional investors own 31.99% of the company's stock.

Alexander's Price Performance

Shares of ALX stock traded down $4.12 during trading on Friday, hitting $198.18. The company had a trading volume of 15,739 shares, compared to its average volume of 10,983. The firm has a market capitalization of $1.01 billion, a P/E ratio of 21.45 and a beta of 0.83. Alexander's, Inc. has a one year low of $197.00 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 stock's 50-day moving average price is $218.95 and its 200 day moving average price is $225.51.

Alexander's Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, November 29th. Stockholders 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 dividend on an annualized basis and a dividend yield of 9.08%. Alexander's's payout ratio is 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.