Susquehanna International Group LLP acquired a new position in shares of Alexander & Baldwin Holdings, Inc. (NYSE:ALEX) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 19,565 shares of the financial services provider’s stock, valued at approximately $810,000.
Other large investors have also recently bought and sold shares of the company. Brandes Investment Partners LP lifted its holdings in Alexander & Baldwin Holdings by 55.2% during the 2nd quarter. Brandes Investment Partners LP now owns 39,984 shares of the financial services provider’s stock worth $1,655,000 after buying an additional 14,223 shares in the last quarter. Russell Investments Group Ltd. acquired a new position in Alexander & Baldwin Holdings during the 2nd quarter worth $265,000. Vanguard Group Inc. lifted its holdings in Alexander & Baldwin Holdings by 5.2% during the 1st quarter. Vanguard Group Inc. now owns 3,686,330 shares of the financial services provider’s stock worth $164,116,000 after buying an additional 183,477 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in Alexander & Baldwin Holdings by 2.7% during the 2nd quarter. Bank of New York Mellon Corp now owns 593,836 shares of the financial services provider’s stock worth $24,572,000 after buying an additional 15,399 shares in the last quarter. Finally, Liberty Mutual Group Asset Management Inc. lifted its holdings in Alexander & Baldwin Holdings by 3.0% during the 1st quarter. Liberty Mutual Group Asset Management Inc. now owns 20,777 shares of the financial services provider’s stock worth $924,000 after buying an additional 599 shares in the last quarter. 74.16% of the stock is currently owned by hedge funds and other institutional investors.
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Shares of Alexander & Baldwin Holdings, Inc. (NYSE:ALEX) traded up 0.09% during mid-day trading on Friday, hitting $45.75. 13,139 shares of the company’s stock traded hands. The company has a market cap of $2.25 billion, a PE ratio of 232.23 and a beta of 1.46. Alexander & Baldwin Holdings, Inc. has a 52 week low of $36.98 and a 52 week high of $46.96. The firm has a 50-day moving average of $44.95 and a 200 day moving average of $43.26.
In other news, Director Stanley M. Kuriyama sold 4,250 shares of Alexander & Baldwin Holdings 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 transaction, the director now owns 255,883 shares in the company, valued at $11,118,116.35. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In the last quarter, insiders have sold 12,750 shares of company stock worth $568,735. 7.60% of the stock is owned by company insiders.
Separately, BidaskClub raised Alexander & Baldwin Holdings from a “hold” rating to a “buy” rating in a report on Tuesday, September 12th.
About Alexander & Baldwin Holdings
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.
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