Nisa Investment Advisors LLC Sells 192 Shares of Alexander’s, Inc. (NYSE:ALX)

Nisa Investment Advisors LLC decreased its holdings in Alexander’s, Inc. (NYSE:ALX) by 7.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,468 shares of the real estate investment trust’s stock after selling 192 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Alexander’s were worth $527,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Goldman Sachs Group Inc. increased its stake in shares of Alexander’s by 40.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 388,982 shares of the real estate investment trust’s stock valued at $99,669,000 after buying an additional 111,306 shares during the period. Vanguard Group Inc. increased its stake in shares of Alexander’s by 3.3% in the 3rd quarter. Vanguard Group Inc. now owns 326,963 shares of the real estate investment trust’s stock valued at $59,582,000 after buying an additional 10,513 shares during the period. BlackRock Inc. increased its stake in shares of Alexander’s by 9.1% in the 2nd quarter. BlackRock Inc. now owns 182,720 shares of the real estate investment trust’s stock valued at $33,595,000 after buying an additional 15,165 shares during the period. JPMorgan Chase & Co. increased its stake in shares of Alexander’s by 4.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 100,472 shares of the real estate investment trust’s stock valued at $18,309,000 after buying an additional 4,039 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. increased its stake in shares of Alexander’s by 4.3% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 63,601 shares of the real estate investment trust’s stock valued at $11,590,000 after buying an additional 2,604 shares during the period. Institutional investors own 31.99% of the company’s stock.

Alexander’s Stock Down 0.8 %

Shares of Alexander’s stock opened at $207.10 on Thursday. The company has a quick ratio of 13.22, a current ratio of 13.22 and a debt-to-equity ratio of 4.60. Alexander’s, Inc. has a 12 month low of $155.60 and a 12 month high of $235.85. The business has a fifty day simple moving average of $216.21 and a 200 day simple moving average of $204.85. The stock has a market cap of $1.06 billion, a PE ratio of 10.37 and a beta of 0.78.

Alexander’s Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Tuesday, February 20th were paid a $4.50 dividend. The ex-dividend date of this dividend was Friday, February 16th. This represents a $18.00 dividend on an annualized basis and a yield of 8.69%. Alexander’s’s payout ratio is 90.14%.

Analysts Set New Price Targets

Separately, StockNews.com raised Alexander’s from a “hold” rating to a “buy” rating in a research note 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.