New York State Teachers Retirement System continued to hold its stake in Alexander & Baldwin Holdings, Inc. (NYSE:ALEX) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 70,652 shares of the financial services provider’s stock at the end of the first quarter. New York State Teachers Retirement System’s holdings in Alexander & Baldwin Holdings were worth $3,145,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the company. State Treasurer State of Michigan raised its stake in Alexander & Baldwin Holdings by 1.1% in the first quarter. State Treasurer State of Michigan now owns 18,720 shares of the financial services provider’s stock worth $833,000 after buying an additional 200 shares during the period. Great West Life Assurance Co. Can raised its stake in Alexander & Baldwin Holdings by 3.6% in the first quarter. Great West Life Assurance Co. Can now owns 25,994 shares of the financial services provider’s stock worth $1,156,000 after buying an additional 911 shares during the period. Oregon Public Employees Retirement Fund raised its stake in Alexander & Baldwin Holdings by 1.3% in the first quarter. Oregon Public Employees Retirement Fund now owns 16,156 shares of the financial services provider’s stock worth $719,000 after buying an additional 200 shares during the period. Leavell Investment Management Inc. acquired a new stake in Alexander & Baldwin Holdings during the first quarter worth about $223,000. Finally, First Midwest Bank Trust Division raised its stake in Alexander & Baldwin Holdings by 2.9% in the first quarter. First Midwest Bank Trust Division now owns 9,540 shares of the financial services provider’s stock worth $425,000 after buying an additional 267 shares during the period. Institutional investors own 75.81% of the company’s stock.

Shares of Alexander & Baldwin Holdings, Inc. (NYSE ALEX) traded up 0.58% during midday trading on Tuesday, hitting $43.28. 215,526 shares of the company’s stock were exchanged. Alexander & Baldwin Holdings, Inc. has a 1-year low of $36.98 and a 1-year high of $46.87. The stock has a market cap of $2.13 billion, a PE ratio of 219.70 and a beta of 1.43. The stock’s 50 day moving average is $41.87 and its 200-day moving average is $43.24.

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 7th. Stockholders of record on Monday, August 7th will be given a dividend of $0.07 per share. The ex-dividend date of this dividend is Thursday, August 3rd. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.65%. Alexander & Baldwin Holdings’s payout ratio is currently 133.33%.

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Separately, BidaskClub raised shares of Alexander & Baldwin Holdings from a “strong sell” rating to a “sell” rating in a research report on Tuesday, June 20th.

In other news, Director Stanley M. Kuriyama sold 4,250 shares of the business’s stock in a transaction on Wednesday, July 12th. The shares were sold at an average price of $41.75, for a total transaction of $177,437.50. Following the transaction, the director now directly owns 260,133 shares of the company’s stock, valued at $10,860,552.75. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 7.60% of the company’s stock.

Alexander & Baldwin Holdings Company Profile

Alexander & Baldwin, Inc (A&B) is a real estate company. The Company operates through three segments: Commercial Real Estate, Land Operations, and Materials and Construction. In addition to its 15 retail centers in Hawaii, the Company owned seven industrial assets, seven office properties and a portfolio of urban ground leases comprising 106 acres in Hawaii, as of December 31, 2016.

Institutional Ownership by Quarter for Alexander & Baldwin Holdings (NYSE:ALEX)

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