Renaissance Technologies LLC Trims Stock Position in Alexander's, Inc. (NYSE:ALX)

Renaissance Technologies LLC cut its stake in Alexander's, Inc. (NYSE:ALX - Free Report) by 6.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 60,126 shares of the real estate investment trust's stock after selling 4,000 shares during the period. Renaissance Technologies LLC owned 1.18% of Alexander's worth $12,029,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of ALX. State Street Corp lifted its stake in shares of 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 valued at $14,086,000 after purchasing an additional 927 shares during the period. Geode Capital Management LLC boosted 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 buying an additional 687 shares in the last quarter. Denali Advisors LLC boosted 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 buying an additional 2,502 shares in the last quarter. Los Angeles Capital Management LLC grew its position in shares of Alexander's by 19.1% in the 4th quarter. Los Angeles Capital Management LLC now owns 16,007 shares of the real estate investment trust's stock worth $3,202,000 after buying an additional 2,572 shares during the period. Finally, New York State Common Retirement Fund increased its stake in shares of Alexander's by 6.2% in the 4th quarter. New York State Common Retirement Fund now owns 10,318 shares of the real estate investment trust's stock worth $2,064,000 after acquiring an additional 600 shares in the last quarter. 31.99% of the stock is owned by institutional investors.

Alexander's Stock Up 1.1 %

NYSE:ALX traded up $2.12 during mid-day trading on Friday, hitting $200.97. 9,757 shares of the company's stock were exchanged, compared to its average volume of 13,021. The business has a fifty day moving average price of $207.98 and a 200 day moving average price of $210.42. The company has a market cap of $1.03 billion, a PE ratio of 23.76 and a beta of 0.82. Alexander's, Inc. has a one year low of $184.76 and a one year high of $251.63. The company has a debt-to-equity ratio of 5.59, a current ratio of 13.18 and a quick ratio of 13.18.

Alexander's (NYSE:ALX - Get Free Report) last issued its earnings results on Monday, February 10th. The real estate investment trust reported $4.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.71 by $0.35. Alexander's had a net margin of 19.19% and a return on equity of 21.45%. Equities analysts predict that Alexander's, Inc. will post 11.5 EPS for the current year.

Alexander's Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Tuesday, February 18th were given a dividend of $4.50 per share. The ex-dividend date was Tuesday, February 18th. This represents a $18.00 annualized dividend and a dividend yield of 8.96%. Alexander's's dividend payout ratio (DPR) is presently 212.77%.

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.