Dimensional Fund Advisors LP Lowers Stake in Alexander’s, Inc. (NYSE:ALX)

Dimensional Fund Advisors LP lowered its position in Alexander’s, Inc. (NYSE:ALX) by 2.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 43,806 shares of the real estate investment trust’s stock after selling 1,218 shares during the period. Dimensional Fund Advisors LP owned approximately 0.86% of Alexander’s worth $13,350,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc boosted its holdings in shares of Alexander’s by 1.0% in the 3rd quarter. Vanguard Group Inc now owns 338,779 shares of the real estate investment trust’s stock valued at $116,304,000 after acquiring an additional 3,247 shares during the last quarter. Vanguard Group Inc. lifted its stake in shares of Alexander’s by 1.0% in the 3rd quarter. Vanguard Group Inc. now owns 338,779 shares of the real estate investment trust’s stock valued at $116,304,000 after purchasing an additional 3,247 shares during the period. BlackRock Inc. lifted its stake in shares of Alexander’s by 0.4% in the 4th quarter. BlackRock Inc. now owns 225,243 shares of the real estate investment trust’s stock valued at $68,640,000 after purchasing an additional 1,004 shares during the period. Renaissance Technologies LLC lifted its stake in shares of Alexander’s by 13.7% in the 3rd quarter. Renaissance Technologies LLC now owns 82,300 shares of the real estate investment trust’s stock valued at $28,254,000 after purchasing an additional 9,900 shares during the period. Finally, Bank of New York Mellon Corp lifted its stake in shares of Alexander’s by 2.3% in the 3rd quarter. Bank of New York Mellon Corp now owns 25,644 shares of the real estate investment trust’s stock valued at $8,804,000 after purchasing an additional 565 shares during the period. 33.91% of the stock is currently owned by hedge funds and other institutional investors.

NYSE:ALX traded down $0.77 during trading hours on Friday, reaching $382.19. 7,712 shares of the company were exchanged, compared to its average volume of 9,434. The company has a debt-to-equity ratio of 3.45, a quick ratio of 13.09 and a current ratio of 13.09. The stock has a market capitalization of $1.95 billion, a PE ratio of 19.80 and a beta of 0.51. Alexander’s, Inc. has a twelve month low of $295.75 and a twelve month high of $394.50.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 17th. Shareholders of record on Monday, May 6th will be given a dividend of $4.50 per share. This represents a $18.00 dividend on an annualized basis and a yield of 4.71%. The ex-dividend date of this dividend is Friday, May 3rd.

Separately, TheStreet upgraded shares of Alexander’s from a “c+” rating to a “b” rating in a research note on Monday, May 6th.

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About Alexander’s

Alexander's, Inc is a real estate investment trust which has seven properties in the greater New York City metropolitan area.

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

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