Jane Street Group LLC Purchases 3,543 Shares of Alexander’s, Inc. (NYSE:ALX)

Jane Street Group LLC boosted its position in shares of Alexander’s, Inc. (NYSE:ALX) by 162.6% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,722 shares of the real estate investment trust’s stock after buying an additional 3,543 shares during the period. Jane Street Group LLC’s holdings in Alexander’s were worth $1,387,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. The Manufacturers Life Insurance Company increased its stake in Alexander’s by 7.1% in the second quarter. The Manufacturers Life Insurance Company now owns 1,290 shares of the real estate investment trust’s stock valued at $290,000 after acquiring an additional 86 shares during 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. GraniteShares Advisors LLC increased its stake in shares of Alexander’s by 14.3% in the 2nd quarter. GraniteShares Advisors LLC now owns 8,768 shares of the real estate investment trust’s stock valued at $1,972,000 after purchasing an additional 1,096 shares during the last quarter. SG Americas Securities LLC bought a new position in shares of Alexander’s in the 3rd quarter valued at $215,000. Finally, Rhumbline Advisers raised its holdings in shares of Alexander’s by 2.6% during the 2nd quarter. Rhumbline Advisers now owns 3,478 shares of the real estate investment trust’s stock worth $782,000 after buying an additional 87 shares in the last quarter. 31.99% of the stock is owned by institutional investors.

Alexander’s Stock Performance

NYSE:ALX opened at $198.18 on Friday. Alexander’s, Inc. has a twelve month low of $197.00 and a twelve month high of $251.63. The company has a quick ratio of 10.21, a current ratio of 10.21 and a debt-to-equity ratio of 5.18. The stock’s 50-day simple moving average is $219.68 and its 200 day simple moving average is $225.59. The firm has a market capitalization of $1.01 billion, a PE ratio of 21.45 and a beta of 0.83.

Alexander’s Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Monday, November 11th were issued a $4.50 dividend. The ex-dividend date was Friday, November 8th. This represents a $18.00 dividend on an annualized basis and a dividend yield of 9.08%. Alexander’s’s dividend payout ratio (DPR) is currently 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).