SG Americas Securities LLC Buys Shares of 539 Alexander’s, Inc. (NYSE:ALX)

SG Americas Securities LLC bought a new stake in Alexander’s, Inc. (NYSE:ALX) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 539 shares of the real estate investment trust’s stock, valued at approximately $115,000.

A number of other hedge funds also recently made changes to their positions in the business. Vanguard Group Inc. raised its holdings in Alexander’s by 3.3% during the third quarter. Vanguard Group Inc. now owns 326,963 shares of the real estate investment trust’s stock worth $59,582,000 after purchasing an additional 10,513 shares in the last quarter. Deutsche Bank AG grew its position in Alexander’s by 46.7% in the third quarter. Deutsche Bank AG now owns 1,608 shares of the real estate investment trust’s stock worth $293,000 after buying an additional 512 shares during the last quarter. Tudor Investment Corp Et Al grew its position in Alexander’s by 5.3% in the third quarter. Tudor Investment Corp Et Al now owns 1,959 shares of the real estate investment trust’s stock worth $357,000 after buying an additional 98 shares during the last quarter. Penserra Capital Management LLC grew its position in Alexander’s by 12.5% in the third quarter. Penserra Capital Management LLC now owns 2,852 shares of the real estate investment trust’s stock worth $519,000 after buying an additional 318 shares during the last quarter. Finally, GSA Capital Partners LLP acquired a new position in Alexander’s in the third quarter worth approximately $413,000. Institutional investors own 31.99% of the company’s stock.

Alexander’s Trading Down 1.1 %

NYSE ALX opened at $205.62 on Friday. Alexander’s, Inc. has a twelve month low of $155.60 and a twelve month high of $235.85. The company has a debt-to-equity ratio of 4.60, a quick ratio of 13.22 and a current ratio of 13.22. The stock has a market cap of $1.05 billion, a price-to-earnings ratio of 10.30 and a beta of 0.78. The firm’s 50 day moving average price is $216.00 and its two-hundred day moving average price is $204.85.

Alexander’s Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Tuesday, February 20th were given a dividend of $4.50 per share. This represents a $18.00 annualized dividend and a yield of 8.75%. The ex-dividend date of this dividend was Friday, February 16th. Alexander’s’s payout ratio is 90.14%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of Alexander’s from a “hold” rating to a “buy” rating in a research report on Tuesday, February 13th.

Alexander’s Company Profile

Alexander's, Inc is a real estate investment trust which has five properties in New York City.