Alexander & Baldwin Holdings, Inc. (NYSE:ALEX) Director Stanley M. Kuriyama sold 4,250 shares of the company’s stock in a transaction that occurred on Wednesday, August 16th. The shares were sold at an average price of $43.45, for a total transaction of $184,662.50. Following the sale, the director now owns 255,883 shares in the company, valued at $11,118,116.35. The sale was disclosed in a filing with the SEC, which is available at this link.

Shares of Alexander & Baldwin Holdings, Inc. (NYSE ALEX) opened at 42.05 on Monday. Alexander & Baldwin Holdings, Inc. has a 12-month low of $36.98 and a 12-month high of $46.87. The company has a market cap of $2.07 billion, a price-to-earnings ratio of 213.45 and a beta of 1.43. The company’s 50-day moving average is $42.27 and its 200-day moving average is $43.15.

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 7th. Shareholders of record on Monday, August 7th will be issued a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a yield of 0.67%. The ex-dividend date of this dividend is Thursday, August 3rd. Alexander & Baldwin Holdings’s dividend payout ratio is currently 133.33%.

COPYRIGHT VIOLATION NOTICE: “Alexander & Baldwin Holdings, Inc. (ALEX) Director Sells $184,662.50 in Stock” was posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this article on another site, it was copied illegally and republished in violation of US & international trademark and copyright law. The correct version of this article can be viewed at https://www.thecerbatgem.com/2017/08/21/alexander-baldwin-holdings-inc-alex-director-sells-184662-50-in-stock.html.

A number of institutional investors have recently modified their holdings of ALEX. IFP Advisors Inc increased its position in shares of Alexander & Baldwin Holdings by 1.3% in the first quarter. IFP Advisors Inc now owns 2,580 shares of the financial services provider’s stock valued at $115,000 after buying an additional 32 shares in the last quarter. Flinton Capital Management LLC increased its position in shares of Alexander & Baldwin Holdings by 14.6% in the first quarter. Flinton Capital Management LLC now owns 2,632 shares of the financial services provider’s stock valued at $117,000 after buying an additional 336 shares in the last quarter. Neuburgh Advisers LLC increased its position in shares of Alexander & Baldwin Holdings by 14.6% in the first quarter. Neuburgh Advisers LLC now owns 3,196 shares of the financial services provider’s stock valued at $142,000 after buying an additional 408 shares in the last quarter. LS Investment Advisors LLC increased its position in shares of Alexander & Baldwin Holdings by 17.6% in the second quarter. LS Investment Advisors LLC now owns 3,673 shares of the financial services provider’s stock valued at $152,000 after buying an additional 550 shares in the last quarter. Finally, Riverhead Capital Management LLC increased its position in shares of Alexander & Baldwin Holdings by 66.5% in the second quarter. Riverhead Capital Management LLC now owns 3,830 shares of the financial services provider’s stock valued at $159,000 after buying an additional 1,530 shares in the last quarter. 75.58% of the stock is currently owned by institutional investors and hedge funds.

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

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.

Insider Buying and Selling by Quarter for Alexander & Baldwin Holdings (NYSE:ALEX)

Receive News & Stock Ratings for Alexander & Baldwin Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alexander & Baldwin Holdings Inc. and related stocks with our FREE daily email newsletter.