Jane Street Group LLC Has $1.39 Million Stake in Alexander’s, Inc. (NYSE:ALX)

Jane Street Group LLC boosted its position in Alexander’s, Inc. (NYSE:ALX) by 162.6% in the third quarter, Holdings Channel.com reports. The firm owned 5,722 shares of the real estate investment trust’s stock after purchasing an additional 3,543 shares during the quarter. Jane Street Group LLC’s holdings in Alexander’s were worth $1,387,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Ballentine Partners LLC bought a new position in shares of Alexander’s during the third quarter valued at $205,000. SG Americas Securities LLC bought a new stake in shares of Alexander’s in the third quarter worth $215,000. Principal Financial Group Inc. increased its holdings in Alexander’s by 7.9% in the second quarter. Principal Financial Group Inc. now owns 997 shares of the real estate investment trust’s stock valued at $224,000 after purchasing an additional 73 shares during the period. The Manufacturers Life Insurance Company raised its position in Alexander’s by 7.1% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,290 shares of the real estate investment trust’s stock worth $290,000 after purchasing an additional 86 shares during the last quarter. Finally, Inspire Investing LLC raised its position in Alexander’s by 7.2% during the 3rd quarter. Inspire Investing LLC now owns 1,679 shares of the real estate investment trust’s stock worth $407,000 after purchasing an additional 113 shares during the last quarter. 31.99% of the stock is currently owned by institutional investors.

Alexander’s Trading Down 2.0 %

NYSE ALX opened at $198.18 on Friday. The firm has a market capitalization of $1.01 billion, a PE ratio of 21.45 and a beta of 0.83. The business’s 50-day moving average price is $219.68 and its two-hundred day moving average price is $225.59. The company has a current ratio of 10.21, a quick ratio of 10.21 and a debt-to-equity ratio of 5.18. Alexander’s, Inc. has a 12 month low of $197.00 and a 12 month high of $251.63.

Alexander’s Announces Dividend

The business 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 annualized dividend and a yield of 9.08%. The ex-dividend date was Friday, November 8th. Alexander’s’s payout ratio is presently 194.81%.

Alexander’s 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).