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

Barclays PLC raised its holdings in Alexander’s, Inc. (NYSE:ALX) by 369.7% during the third quarter, HoldingsChannel reports. The firm owned 3,584 shares of the real estate investment trust’s stock after acquiring 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 large investors have also recently modified their holdings of the company. Jane Street Group LLC boosted its holdings in shares of Alexander’s by 162.6% in the 3rd quarter. Jane Street Group LLC now owns 5,722 shares of the real estate investment trust’s stock valued at $1,387,000 after purchasing an additional 3,543 shares in the last quarter. The Manufacturers Life Insurance Company boosted its holdings in shares of Alexander’s by 7.1% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,290 shares of the real estate investment trust’s stock valued at $290,000 after purchasing an additional 86 shares in the last quarter. Principal Financial Group Inc. boosted its holdings in shares of 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 in the last quarter. Zacks Investment Management acquired a new stake in shares of Alexander’s in the 3rd quarter valued at $3,148,000. Finally, SG Americas Securities LLC acquired a new stake in shares of Alexander’s in the 3rd quarter valued at $215,000. Institutional investors and hedge funds own 31.99% of the company’s stock.

Alexander’s Trading Up 1.8 %

Shares of ALX stock opened at $191.82 on Thursday. The stock’s fifty day moving average price is $210.72 and its two-hundred day moving average price is $223.62. The company has a market cap of $979.62 million, a PE ratio of 20.76 and a beta of 0.84. Alexander’s, Inc. has a fifty-two week low of $184.76 and a fifty-two week 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.

Alexander’s Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, November 29th. Shareholders 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 9.38%. The ex-dividend date was Friday, November 8th. Alexander’s’s dividend 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).