Susquehanna International Group LLP trimmed its position in Alexander’s, Inc. (NYSE:ALX) by 35.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 900 shares of the real estate investment trust’s stock after selling 500 shares during the quarter. Susquehanna International Group LLP’s holdings in Alexander’s were worth $379,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. State Street Corp increased its position in Alexander’s by 6.1% in the second quarter. State Street Corp now owns 54,691 shares of the real estate investment trust’s stock worth $23,048,000 after purchasing an additional 3,129 shares during the period. Goldman Sachs Group Inc. increased its position in Alexander’s by 289.4% in the second quarter. Goldman Sachs Group Inc. now owns 11,862 shares of the real estate investment trust’s stock worth $4,999,000 after purchasing an additional 8,816 shares during the period. Voya Investment Management LLC increased its position in Alexander’s by 9.0% in the second quarter. Voya Investment Management LLC now owns 1,205 shares of the real estate investment trust’s stock worth $508,000 after purchasing an additional 99 shares during the period. OxFORD Asset Management LLP increased its position in Alexander’s by 89.5% in the second quarter. OxFORD Asset Management LLP now owns 1,529 shares of the real estate investment trust’s stock worth $644,000 after purchasing an additional 722 shares during the period. Finally, Dimensional Fund Advisors LP increased its position in Alexander’s by 2.6% in the second quarter. Dimensional Fund Advisors LP now owns 42,997 shares of the real estate investment trust’s stock worth $18,121,000 after purchasing an additional 1,099 shares during the period. Hedge funds and other institutional investors own 35.95% of the company’s stock.

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Separately, BidaskClub lowered Alexander’s from a “sell” rating to a “strong sell” rating in a research report on Wednesday, August 16th.

Shares of Alexander’s, Inc. (NYSE ALX) opened at 429.00 on Monday. The firm has a market capitalization of $2.19 billion, a price-to-earnings ratio of 25.81 and a beta of 0.67. Alexander’s, Inc. has a 12 month low of $369.33 and a 12 month high of $451.99. The company has a 50-day moving average price of $424.19 and a 200-day moving average price of $423.85.

Alexander’s (NYSE:ALX) last posted its earnings results on Monday, July 31st. The real estate investment trust reported $5.60 EPS for the quarter, missing the consensus estimate of $5.71 by ($0.11). The firm had revenue of $57.19 million during the quarter. Alexander’s had a net margin of 37.16% and a return on equity of 24.22%. Equities analysts forecast that Alexander’s, Inc. will post $23.23 EPS for the current fiscal year.

About Alexander’s

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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