Alexander’s, Inc. (NYSE:ALX) Holdings Lifted by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Alexander’s, Inc. (NYSE:ALXGet Rating) by 10.1% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 52,629 shares of the real estate investment trust’s stock after buying an additional 4,833 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Alexander’s were worth $13,485,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. Crawford Investment Counsel Inc. boosted its stake in Alexander’s by 0.3% during the first quarter. Crawford Investment Counsel Inc. now owns 22,382 shares of the real estate investment trust’s stock valued at $5,735,000 after buying an additional 65 shares in the last quarter. Daiwa Securities Group Inc. boosted its position in shares of Alexander’s by 12.7% in the 1st quarter. Daiwa Securities Group Inc. now owns 646 shares of the real estate investment trust’s stock valued at $166,000 after purchasing an additional 73 shares during the period. Great West Life Assurance Co. Can boosted its position in shares of Alexander’s by 11.9% in the 1st quarter. Great West Life Assurance Co. Can now owns 856 shares of the real estate investment trust’s stock valued at $232,000 after purchasing an additional 91 shares during the period. Martingale Asset Management L P boosted its position in shares of Alexander’s by 8.4% in the 1st quarter. Martingale Asset Management L P now owns 2,331 shares of the real estate investment trust’s stock valued at $599,000 after purchasing an additional 180 shares during the period. Finally, New York State Teachers Retirement System acquired a new position in shares of Alexander’s in the 1st quarter valued at $51,000.

Alexander’s Stock Down 1.0 %

Shares of Alexander’s stock opened at $229.72 on Tuesday. The stock has a 50-day moving average price of $240.79 and a 200 day moving average price of $242.08. The company has a market cap of $1.17 billion, a P/E ratio of 9.94 and a beta of 0.60. The company has a current ratio of 10.43, a quick ratio of 10.43 and a debt-to-equity ratio of 4.36. Alexander’s, Inc. has a 1 year low of $213.85 and a 1 year high of $299.99.

Alexander’s Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, August 19th. Stockholders of record on Monday, August 8th were paid a dividend of $4.50 per share. This represents a $18.00 dividend on an annualized basis and a dividend yield of 7.84%. The ex-dividend date was Friday, August 5th. Alexander’s’s dividend payout ratio (DPR) is presently 77.85%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered Alexander’s from a “buy” rating to a “hold” rating in a research report on Monday, May 23rd.

Alexander’s Profile

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Alexander's, Inc is a real estate investment trust which has seven properties in the greater New York City metropolitan area.

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

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