BNP Paribas Financial Markets Has $426,000 Holdings in Alexander’s, Inc. (NYSE:ALX)

BNP Paribas Financial Markets lessened its holdings in shares of Alexander’s, Inc. (NYSE:ALX) by 27.6% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,759 shares of the real estate investment trust’s stock after selling 670 shares during the period. BNP Paribas Financial Markets’ holdings in Alexander’s were worth $426,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of the business. FMR LLC lifted its holdings in shares of Alexander’s by 17.1% during the third quarter. FMR LLC now owns 3,484 shares of the real estate investment trust’s stock worth $844,000 after purchasing an additional 510 shares during the period. Penserra Capital Management LLC lifted its holdings in shares of Alexander’s by 20.5% during the third quarter. Penserra Capital Management LLC now owns 4,554 shares of the real estate investment trust’s stock worth $1,103,000 after purchasing an additional 775 shares during the period. Los Angeles Capital Management LLC lifted its holdings in shares of Alexander’s by 24.6% during the third quarter. Los Angeles Capital Management LLC now owns 13,435 shares of the real estate investment trust’s stock worth $3,256,000 after purchasing an additional 2,652 shares during the period. Principal Financial Group Inc. lifted its holdings in Alexander’s by 11.5% in the third quarter. Principal Financial Group Inc. now owns 1,112 shares of the real estate investment trust’s stock valued at $270,000 after buying an additional 115 shares during the period. Finally, Asset Management One Co. Ltd. lifted its holdings in Alexander’s by 4.8% in the third quarter. Asset Management One Co. Ltd. now owns 3,142 shares of the real estate investment trust’s stock valued at $761,000 after buying an additional 144 shares during the period. Institutional investors and hedge funds own 31.99% of the company’s stock.

Alexander’s Trading Up 0.9 %

ALX stock opened at $212.77 on Friday. 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, Inc. has a 12-month low of $195.00 and a 12-month high of $251.63. The company’s fifty day simple moving average is $224.33 and its 200 day simple moving average is $226.18.

Alexander’s Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, November 29th. Investors 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 annualized dividend and a yield of 8.46%. Alexander’s’s payout ratio is 194.81%.

Alexander’s Company 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).