Profund Advisors LLC trimmed its position in shares of Alexander & Baldwin Holdings, Inc. (NYSE:ALEX) by 20.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 8,051 shares of the financial services provider’s stock after selling 2,051 shares during the period. Profund Advisors LLC’s holdings in Alexander & Baldwin Holdings were worth $333,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. IFP Advisors Inc lifted its position in shares of Alexander & Baldwin Holdings by 1.0% during the second quarter. IFP Advisors Inc now owns 2,606 shares of the financial services provider’s stock worth $108,000 after acquiring an additional 26 shares in the last quarter. Meeder Asset Management Inc. lifted its position in shares of Alexander & Baldwin Holdings by 0.6% during the second quarter. Meeder Asset Management Inc. now owns 17,265 shares of the financial services provider’s stock worth $715,000 after acquiring an additional 97 shares in the last quarter. Arizona State Retirement System lifted its position in shares of Alexander & Baldwin Holdings by 0.5% during the first quarter. Arizona State Retirement System now owns 19,200 shares of the financial services provider’s stock worth $855,000 after acquiring an additional 101 shares in the last quarter. Amalgamated Bank lifted its position in shares of Alexander & Baldwin Holdings by 2.5% during the second quarter. Amalgamated Bank now owns 6,627 shares of the financial services provider’s stock worth $274,000 after acquiring an additional 162 shares in the last quarter. Finally, Advantus Capital Management Inc lifted its position in shares of Alexander & Baldwin Holdings by 3.2% during the first quarter. Advantus Capital Management Inc now owns 5,907 shares of the financial services provider’s stock worth $263,000 after acquiring an additional 181 shares in the last quarter. 74.16% of the stock is owned by institutional investors and hedge funds.

In other news, Director Stanley M. Kuriyama sold 4,250 shares of the business’s stock in a transaction 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 completion of the sale, the director now owns 255,883 shares of the company’s stock, valued at approximately $11,118,116.35. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. In the last three months, insiders have sold 17,000 shares of company stock valued at $746,173. Insiders own 7.60% of the company’s stock.

Separately, BidaskClub upgraded Alexander & Baldwin Holdings from a “hold” rating to a “buy” rating in a research report on Tuesday, September 12th.

Shares of Alexander & Baldwin Holdings, Inc. (ALEX) opened at 45.75 on Friday. Alexander & Baldwin Holdings, Inc. has a 52-week low of $36.98 and a 52-week high of $46.96. The stock has a market cap of $2.25 billion, a P/E ratio of 232.23 and a beta of 1.46. The firm’s 50 day moving average price is $44.58 and its 200 day moving average price is $43.19.

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Alexander & Baldwin Holdings 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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