Denali Advisors LLC Sells 13,700 Shares of Alexander’s, Inc. $ALX

Posted by Brian Himes on Aug 20th, 2026

Denali Advisors LLC lowered its position in shares of Alexander’s, Inc. (NYSE:ALX – Free Report) by 59.8% in the second quarter, HoldingsChannel reports. The firm owned 9,200 shares of the real estate investment trust’s stock after selling 13,700 shares during the period. Denali Advisors LLC’s holdings in Alexander’s were worth $2,535,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. increased its holdings in shares of Alexander’s by 3.5% in the first quarter. Goldman Sachs Group Inc. now owns 355,152 shares of the real estate investment trust’s stock valued at $74,284,000 after purchasing an additional 12,060 shares in the last quarter. M&T Bank Corp acquired a new position in Alexander’s during the 4th quarter worth $60,372,000. SG Americas Securities LLC lifted its holdings in Alexander’s by 582.3% during the 1st quarter. SG Americas Securities LLC now owns 74,728 shares of the real estate investment trust’s stock worth $17,651,000 after buying an additional 63,776 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Alexander’s by 5.9% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 70,391 shares of the real estate investment trust’s stock valued at $15,860,000 after buying an additional 3,892 shares during the last quarter. Finally, Geode Capital Management LLC boosted its position in Alexander’s by 0.4% in the 4th quarter. Geode Capital Management LLC now owns 57,402 shares of the real estate investment trust’s stock valued at $12,512,000 after buying an additional 234 shares during the last quarter. 31.99% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, Director Russell B. Wight, Jr. sold 423 shares of Alexander’s stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $267.00, for a total value of $112,941.00. Following the sale, the director owned 900 shares of the company’s stock, valued at approximately $240,300. The trade was a 31.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 26.36% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on ALX shares. Weiss Ratings raised Alexander’s from a “hold (c)” rating to a “buy (b)” rating in a research note on Tuesday, August 4th. Wall Street Zen upgraded Alexander’s from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Piper Sandler lifted their price objective on Alexander’s from $190.00 to $212.00 and gave the stock an “underweight” rating in a research report on Tuesday, July 21st. Finally, Zacks Research raised Alexander’s from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $212.00.

View Our Latest Analysis on ALX

Alexander’s Stock Up 2.1%

Shares of Alexander’s stock opened at $273.76 on Thursday. The company has a market capitalization of $1.40 billion, a P/E ratio of 8.28 and a beta of 0.77. The company has a debt-to-equity ratio of 3.73, a current ratio of 16.78 and a quick ratio of 16.78. The business has a 50-day moving average of $270.94 and a two-hundred day moving average of $252.74. Alexander’s, Inc. has a 1 year low of $201.28 and a 1 year high of $289.43.

Alexander’s (NYSE:ALX – Get Free Report) last released its quarterly earnings results on Monday, August 3rd. The real estate investment trust reported $3.02 earnings per share for the quarter, beating the consensus estimate of $3.00 by $0.02. Alexander’s had a net margin of 79.06% and a return on equity of 123.09%. The company had revenue of $54.71 million during the quarter, compared to analysts’ expectations of $54.10 million. As a group, equities analysts predict that Alexander’s, Inc. will post 16.52 EPS for the current year.

Alexander’s Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Monday, August 10th will be paid a $4.50 dividend. This represents a $18.00 annualized dividend and a yield of 6.6%. The ex-dividend date is Monday, August 10th. Alexander’s’s payout ratio is presently 54.46%.

Alexander’s Profile

(Free Report)

Alexander’s (NYSE: ALX) is a publicly traded real estate investment trust focused on owning, leasing and managing commercial properties in the New York metropolitan area. The company’s portfolio encompasses office buildings, retail storefronts and parking facilities, all held on a wholly owned basis. By concentrating on prime urban and suburban locations, Alexander’s seeks to generate stable rental income and long-term asset appreciation.

Founded in 1928 as a family-run department store chain, Alexander’s transitioned during the early 1990s into a pure-play real estate company following the sale of its retail operations.