Alexander & Baldwin Holdings, Inc. (ALEX) Shares Sold by Northern Trust Corp

Northern Trust Corp trimmed its position in Alexander & Baldwin Holdings, Inc. (NYSE:ALEX) by 1.8% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 751,342 shares of the financial services provider’s stock after selling 13,385 shares during the period. Northern Trust Corp owned approximately 1.53% of Alexander & Baldwin Holdings worth $31,090,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. IFP Advisors Inc increased its holdings in shares of Alexander & Baldwin Holdings by 1.0% in the second quarter. IFP Advisors Inc now owns 2,606 shares of the financial services provider’s stock valued at $108,000 after buying an additional 26 shares in the last quarter. LS Investment Advisors LLC increased its holdings 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. Riverhead Capital Management LLC increased its holdings 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. Two Sigma Securities LLC bought a new position in shares of Alexander & Baldwin Holdings in the first quarter valued at $211,000. Finally, ING Groep NV bought a new position in shares of Alexander & Baldwin Holdings in the second quarter valued at $233,000. Hedge funds and other institutional investors own 74.16% of the company’s stock.

Separately, BidaskClub raised shares of Alexander & Baldwin Holdings from a “hold” rating to a “buy” rating in a research note on Thursday, September 28th.

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 directly owns 255,883 shares of the company’s stock, valued at $11,118,116.35. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Over the last three months, insiders have sold 12,750 shares of company stock worth $568,735. Insiders own 7.60% of the company’s stock.

Shares of Alexander & Baldwin Holdings, Inc. (ALEX) opened at 45.04 on Friday. Alexander & Baldwin Holdings, Inc. has a 52 week low of $37.31 and a 52 week high of $46.96. The firm’s 50-day moving average is $45.44 and its 200 day moving average is $43.33. The firm has a market capitalization of $2.21 billion, a P/E ratio of 228.63 and a beta of 1.46.

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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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