Colony Capital Inc. acquired a new stake in shares of Alexander’s, Inc. (NYSE:ALX) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,100 shares of the real estate investment trust’s stock, valued at approximately $694,000.

A number of other institutional investors have also recently bought and sold shares of ALX. New York State Teachers Retirement System bought a new stake in Alexander’s during the fourth quarter valued at about $66,000. Point72 Asset Management L.P. bought a new stake in Alexander’s during the third quarter valued at about $105,000. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. grew its holdings in Alexander’s by 21.4% during the fourth quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 460 shares of the real estate investment trust’s stock valued at $153,000 after purchasing an additional 81 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in Alexander’s by 25.1% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 539 shares of the real estate investment trust’s stock valued at $188,000 after purchasing an additional 108 shares during the period. Finally, State of Alaska Department of Revenue grew its holdings in Alexander’s by 237.4% during the fourth quarter. State of Alaska Department of Revenue now owns 604 shares of the real estate investment trust’s stock valued at $199,000 after purchasing an additional 425 shares during the period. Institutional investors own 34.12% of the company’s stock.

NYSE:ALX opened at $324.65 on Friday. The stock has a 50-day simple moving average of $333.88 and a two-hundred day simple moving average of $343.16. Alexander’s, Inc. has a 52-week low of $311.77 and a 52-week high of $394.70. The company has a debt-to-equity ratio of 3.70, a quick ratio of 12.91 and a current ratio of 12.91. The firm has a market capitalization of $1.66 billion, a PE ratio of 29.89 and a beta of 0.41.

The business also recently declared a quarterly dividend, which will be paid on Friday, February 14th. Shareholders of record on Monday, January 27th will be issued a dividend of $4.50 per share. This represents a $18.00 annualized dividend and a yield of 5.54%. The ex-dividend date of this dividend is Friday, January 24th.

About Alexander’s

Alexander’s, Inc is a real estate investment trust, which engages in leasing, managing, development and redeveloping its properties. Its operating properties are located in the greater New York City metropolitan area. The company was founded on May 16, 1955 and is headquartered in Paramus, NJ.

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

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