Alexander’s, Inc. (NYSE:ALX) Holdings Boosted by Renaissance Technologies LLC

Renaissance Technologies LLC boosted its holdings in Alexander’s, Inc. (NYSE:ALX) by 12.0% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 97,964 shares of the real estate investment trust’s stock after acquiring an additional 10,500 shares during the period. Renaissance Technologies LLC’s holdings in Alexander’s were worth $36,276,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Bank of America Corp DE lifted its position in shares of Alexander’s by 11.1% in the 4th quarter. Bank of America Corp DE now owns 2,720 shares of the real estate investment trust’s stock worth $828,000 after purchasing an additional 272 shares during the period. BNP Paribas Arbitrage SA boosted its holdings in Alexander’s by 825.0% during the 1st quarter. BNP Paribas Arbitrage SA now owns 481 shares of the real estate investment trust’s stock worth $181,000 after acquiring an additional 429 shares during the last quarter. SG Americas Securities LLC boosted its holdings in Alexander’s by 71.2% during the 1st quarter. SG Americas Securities LLC now owns 606 shares of the real estate investment trust’s stock worth $228,000 after acquiring an additional 252 shares during the last quarter. Martingale Asset Management L P boosted its holdings in Alexander’s by 38.4% during the 1st quarter. Martingale Asset Management L P now owns 7,208 shares of the real estate investment trust’s stock worth $2,713,000 after acquiring an additional 2,000 shares during the last quarter. Finally, Citigroup Inc. boosted its holdings in Alexander’s by 66.4% during the 1st quarter. Citigroup Inc. now owns 4,537 shares of the real estate investment trust’s stock worth $1,707,000 after acquiring an additional 1,810 shares during the last quarter. 34.12% of the stock is currently owned by hedge funds and other institutional investors.

ALX traded up $0.39 during mid-day trading on Friday, reaching $372.49. 162 shares of the stock were exchanged, compared to its average volume of 38,902. The company has a debt-to-equity ratio of 3.61, a quick ratio of 17.19 and a current ratio of 17.18. The stock has a market capitalization of $1.89 billion, a PE ratio of 19.49 and a beta of 0.41. The company has a 50 day moving average price of $368.14 and a two-hundred day moving average price of $374.60. Alexander’s, Inc. has a 1 year low of $295.75 and a 1 year high of $394.70.

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 16th. Shareholders of record on Monday, August 5th were issued a dividend of $4.50 per share. This represents a $18.00 dividend on an annualized basis and a yield of 4.83%. The ex-dividend date of this dividend was Friday, August 2nd.

Separately, TheStreet downgraded shares of Alexander’s from a “b” rating to a “c+” rating in a report on Monday, July 29th.

About Alexander’s

Alexander’s, Inc is a real estate investment trust, which engages in leasing, managing, development and redeveloping its properties. Its operating properties are located in the greater New York City metropolitan area. The company was founded on May 16, 1955 and is headquartered in Paramus, NJ.

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Institutional Ownership by Quarter for Alexander`s (NYSE:ALX)

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