AEW Capital Management L P Trims Stake in Alexander & Baldwin Holdings, Inc. (ALEX)

AEW Capital Management L P reduced its position in shares of Alexander & Baldwin Holdings, Inc. (NYSE:ALEX) by 16.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 395,998 shares of the financial services provider’s stock after selling 78,700 shares during the period. AEW Capital Management L P owned about 0.81% of Alexander & Baldwin Holdings worth $18,347,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. IFP Advisors Inc grew its holdings 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 purchasing an additional 26 shares during the last quarter. Meeder Asset Management Inc. grew its holdings 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 purchasing an additional 97 shares during the last quarter. Amalgamated Bank grew its holdings 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 purchasing an additional 162 shares during the last quarter. PNC Financial Services Group Inc. grew its holdings in shares of Alexander & Baldwin Holdings by 0.7% during the second quarter. PNC Financial Services Group Inc. now owns 37,342 shares of the financial services provider’s stock worth $1,546,000 after purchasing an additional 250 shares during the last quarter. Finally, State Treasurer State of Michigan grew its holdings in shares of Alexander & Baldwin Holdings by 1.6% during the second quarter. State Treasurer State of Michigan now owns 19,020 shares of the financial services provider’s stock worth $787,000 after purchasing an additional 300 shares during the last quarter. Institutional investors own 74.09% of the company’s stock.

ILLEGAL ACTIVITY WARNING: “AEW Capital Management L P Trims Stake in Alexander & Baldwin Holdings, Inc. (ALEX)” was first posted by Community Financial News and is the sole property of of Community Financial News. If you are viewing this news story on another publication, it was illegally stolen and reposted in violation of US and international copyright and trademark law. The correct version of this news story can be viewed at https://www.com-unik.info/2017/11/01/aew-capital-management-l-p-trims-stake-in-alexander-baldwin-holdings-inc-alex.html.

In related news, Director Stanley M. Kuriyama sold 4,250 shares of the firm’s stock in a transaction dated Wednesday, September 6th. The stock was sold at an average price of $43.70, for a total transaction of $185,725.00. Following the transaction, the director now directly owns 251,633 shares of the company’s stock, valued at approximately $10,996,362.10. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Over the last three months, insiders have sold 12,750 shares of company stock worth $568,735. 7.60% of the stock is currently owned by insiders.

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

Alexander & Baldwin Holdings, Inc. (NYSE ALEX) traded down 0.55% during mid-day trading on Wednesday, hitting $44.99. The stock had a trading volume of 49,999 shares. Alexander & Baldwin Holdings, Inc. has a 52 week low of $38.79 and a 52 week high of $46.96. The firm has a market cap of $2.21 billion, a PE ratio of 228.38 and a beta of 1.46. The company’s 50 day moving average price is $45.46 and its 200 day moving average price is $43.34.

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.

Want to see what other hedge funds are holding ALEX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alexander & Baldwin Holdings, Inc. (NYSE:ALEX).

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

What are top analysts saying about Alexander & Baldwin Holdings Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Alexander & Baldwin Holdings Inc. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit