Alexander & Baldwin Holdings, Inc. (NYSE:ALEX) Director Stanley M. Kuriyama sold 4,250 shares of the company’s stock in a transaction dated Wednesday, October 4th. The shares were sold at an average price of $46.67, for a total value of $198,347.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of Alexander & Baldwin Holdings, Inc. (NYSE ALEX) traded down 1.36% during mid-day trading on Friday, hitting $45.75. The stock had a trading volume of 187,609 shares. Alexander & Baldwin Holdings, Inc. has a 1-year low of $36.98 and a 1-year high of $46.96. The firm has a market capitalization of $2.25 billion, a PE ratio of 232.23 and a beta of 1.46. The stock’s 50-day moving average is $44.48 and its 200-day moving average is $43.19.

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 7th. Shareholders of record on Monday, August 7th were paid a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 0.61%. The ex-dividend date of this dividend was Thursday, August 3rd. Alexander & Baldwin Holdings’s dividend payout ratio (DPR) is presently 133.33%.

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A number of institutional investors and hedge funds have recently modified their holdings of ALEX. BlackRock Inc. lifted its stake in Alexander & Baldwin Holdings by 21,246.3% in the first quarter. BlackRock Inc. now owns 5,164,741 shares of the financial services provider’s stock valued at $229,934,000 after buying an additional 5,140,546 shares during the period. Vanguard Group Inc. lifted its stake in Alexander & Baldwin Holdings by 5.2% in the first quarter. Vanguard Group Inc. now owns 3,686,330 shares of the financial services provider’s stock valued at $164,116,000 after buying an additional 183,477 shares during the period. Dimensional Fund Advisors LP lifted its stake in Alexander & Baldwin Holdings by 6.0% in the second quarter. Dimensional Fund Advisors LP now owns 2,719,145 shares of the financial services provider’s stock valued at $112,519,000 after buying an additional 153,728 shares during the period. Peregrine Capital Management LLC lifted its stake in Alexander & Baldwin Holdings by 47.6% in the second quarter. Peregrine Capital Management LLC now owns 243,030 shares of the financial services provider’s stock valued at $10,057,000 after buying an additional 78,361 shares during the period. Finally, State Street Corp lifted its stake in Alexander & Baldwin Holdings by 4.9% in the second quarter. State Street Corp now owns 1,511,869 shares of the financial services provider’s stock valued at $62,565,000 after buying an additional 69,981 shares during the period. 74.16% of the stock is currently owned by hedge funds and other institutional investors.

Separately, BidaskClub raised 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)

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