Alexander'sALX
Market Cap: $1.17B
About: Alexander's Inc is a real estate investment trust engaged in leasing, managing, developing and redeveloping its properties. It has six properties in the greater New York City metropolitan area. All of the revenues come from properties located in New York City which include revenues from leasing of space to tenants at their properties and revenues from parking and tenant services.
Employees: 92
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
111% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 9
27% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 30
10% more funds holding
Funds holding: 101 [Q1] → 111 (+10) [Q2]
6% more capital invested
Capital invested by funds: $347M [Q1] → $367M (+$19.9M) [Q2]
0.5% more ownership
Funds ownership: 31.45% [Q1] → 31.95% (+0.5%) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q1] → 2 (+0) [Q2]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Piper Sandler Alexander Goldfarb 63% 1-year accuracy 34 / 54 met price target | 46%downside $125 | Underweight Maintained | 6 Aug 2024 |
Piper Sandler Alexander Goldfarb 63% 1-year accuracy 34 / 54 met price target | 41%downside $135 | Underweight Maintained | 22 Jul 2024 |
Financial journalist opinion
Based on 3 articles about ALX published over the past 30 days