Alexander’s, Inc. (NYSE:ALX) Shares Bought by BNP Paribas Financial Markets

BNP Paribas Financial Markets raised its position in Alexander’s, Inc. (NYSE:ALX) by 75.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,090 shares of the real estate investment trust’s stock after acquiring an additional 1,331 shares during the period. BNP Paribas Financial Markets owned approximately 0.06% of Alexander’s worth $618,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in ALX. AlphaQuest LLC purchased a new stake in shares of Alexander’s during the fourth quarter worth about $154,000. Resona Asset Management Co. Ltd. acquired a new position in Alexander’s during the fourth quarter worth about $163,000. Wells Fargo & Company MN boosted its holdings in Alexander’s by 51.7% in the 4th quarter. Wells Fargo & Company MN now owns 1,004 shares of the real estate investment trust’s stock valued at $201,000 after purchasing an additional 342 shares during the last quarter. Algert Global LLC boosted its holdings in Alexander’s by 24.4% in the 4th quarter. Algert Global LLC now owns 1,066 shares of the real estate investment trust’s stock valued at $213,000 after purchasing an additional 209 shares during the last quarter. Finally, SG Americas Securities LLC boosted its holdings in Alexander’s by 29.1% in the 4th quarter. SG Americas Securities LLC now owns 1,148 shares of the real estate investment trust’s stock valued at $230,000 after purchasing an additional 259 shares during the last quarter. 31.99% of the stock is currently owned by institutional investors and hedge funds.

Alexander’s Price Performance

Alexander’s stock opened at $213.80 on Friday. The firm has a market cap of $1.09 billion, a PE ratio of 25.27 and a beta of 0.78. Alexander’s, Inc. has a 52-week low of $184.76 and a 52-week high of $251.63. The company has a quick ratio of 13.18, a current ratio of 13.18 and a debt-to-equity ratio of 5.59. The company’s 50 day moving average is $208.63 and its two-hundred day moving average is $207.40.

Alexander’s (NYSE:ALX) last announced its quarterly earnings data on Monday, May 5th. The real estate investment trust reported $4.06 EPS for the quarter, beating analysts’ consensus estimates of $3.57 by $0.49. The company had revenue of $54.92 million for the quarter, compared to the consensus estimate of $56.00 million. Alexander’s had a net margin of 19.19% and a return on equity of 21.45%. On average, research analysts expect that Alexander’s, Inc. will post 11.5 EPS for the current fiscal year.

Alexander’s Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Monday, May 12th will be paid a $4.50 dividend. This represents a $18.00 annualized dividend and a dividend yield of 8.42%. The ex-dividend date of this dividend is Monday, May 12th. Alexander’s’s dividend payout ratio (DPR) is presently 233.16%.

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).