Alexander’s, Inc. (NYSE:ALX) Shares Sold by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC decreased its position in shares of Alexander’s, Inc. (NYSE:ALX) by 7.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. 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 filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Penserra Capital Management LLC boosted its position in shares of Alexander’s by 3.4% during the 4th quarter. Penserra Capital Management LLC now owns 1,387 shares of the real estate investment trust’s stock valued at $305,000 after acquiring an additional 45 shares during the last quarter. Signaturefd LLC lifted its position in Alexander’s by 17.5% in the third quarter. Signaturefd LLC now owns 370 shares of the real estate investment trust’s stock valued at $67,000 after buying an additional 55 shares during the last quarter. Osaic Holdings Inc. lifted its position in Alexander’s by 29.9% in the second quarter. Osaic Holdings Inc. now owns 239 shares of the real estate investment trust’s stock valued at $44,000 after buying an additional 55 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in Alexander’s by 0.4% in the second quarter. Charles Schwab Investment Management Inc. now owns 15,994 shares of the real estate investment trust’s stock valued at $2,941,000 after buying an additional 62 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its position in Alexander’s by 119.0% in the third quarter. PNC Financial Services Group Inc. now owns 138 shares of the real estate investment trust’s stock valued at $25,000 after buying an additional 75 shares during the last quarter. Institutional investors and hedge funds own 31.99% of the company’s stock.

Alexander’s Stock Down 0.8 %

Shares of NYSE:ALX opened at $207.10 on Thursday. The company has a debt-to-equity ratio of 4.60, a current ratio of 13.22 and a quick ratio of 13.22. The firm has a market capitalization of $1.06 billion, a PE ratio of 10.37 and a beta of 0.78. The firm’s 50-day moving average is $216.21 and its two-hundred day moving average is $204.85. Alexander’s, Inc. has a 1 year low of $155.60 and a 1 year high of $235.85.

Alexander’s Dividend Announcement

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

Analyst Ratings Changes

Separately, StockNews.com raised 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.