Public Employees Retirement System of Ohio lessened its holdings in Alexander’s, Inc. (NYSE:ALX) by 6.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 586 shares of the real estate investment trust’s stock after selling 39 shares during the period. Public Employees Retirement System of Ohio’s holdings in Alexander’s were worth $247,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. lifted its stake in shares of Alexander’s by 1.0% in the 2nd quarter. Vanguard Group Inc. now owns 366,170 shares of the real estate investment trust’s stock valued at $154,326,000 after purchasing an additional 3,720 shares during the last quarter. Renaissance Technologies LLC lifted its stake in shares of Alexander’s by 32.7% in the 2nd quarter. Renaissance Technologies LLC now owns 60,500 shares of the real estate investment trust’s stock valued at $25,498,000 after purchasing an additional 14,900 shares during the last quarter. State Street Corp lifted its stake in shares of Alexander’s by 6.1% in the 2nd quarter. State Street Corp now owns 54,691 shares of the real estate investment trust’s stock valued at $23,048,000 after purchasing an additional 3,129 shares during the last quarter. Northern Trust Corp lifted its stake in shares of Alexander’s by 4.5% in the 2nd quarter. Northern Trust Corp now owns 44,995 shares of the real estate investment trust’s stock valued at $18,964,000 after purchasing an additional 1,946 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in shares of Alexander’s by 2.6% in the 2nd quarter. Dimensional Fund Advisors LP now owns 42,997 shares of the real estate investment trust’s stock valued at $18,121,000 after buying an additional 1,099 shares during the period. 36.04% of the stock is currently owned by institutional investors and hedge funds.

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Separately, BidaskClub upgraded Alexander’s from a “strong sell” rating to a “sell” rating in a report on Wednesday, July 19th.

Shares of Alexander’s, Inc. (ALX) opened at $411.48 on Thursday. The company has a quick ratio of 15.74, a current ratio of 15.74 and a debt-to-equity ratio of 3.63. The stock has a market capitalization of $2,093.92, a price-to-earnings ratio of 18.02 and a beta of 0.69. Alexander’s, Inc. has a 1-year low of $396.20 and a 1-year high of $451.99.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 20th. Investors of record on Monday, November 6th will be issued a $4.25 dividend. The ex-dividend date of this dividend is Friday, November 3rd. This represents a $17.00 annualized dividend and a dividend yield of 4.13%. Alexander’s’s dividend payout ratio is presently 103.16%.

Alexander’s Profile

Alexander’s, Inc is a real estate investment trust (REIT). The Company is engaged in leasing, managing, developing and redeveloping its properties. It is managed by, and its properties are leased and developed by, Vornado Realty Trust (Vornado). As of December 31, 2016, the Company had seven properties in the greater New York City metropolitan area consisting of 731 Lexington Avenue; Rego Park I; Rego Park II; The Alexander apartment tower; Paramus, and Flushing.

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Institutional Ownership by Quarter for Alexander`s (NYSE:ALX)

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