Credit Suisse AG decreased its position in Alexander & Baldwin Holdings, Inc. (NYSE:ALEX) by 23.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 44,255 shares of the financial services provider’s stock after selling 13,766 shares during the period. Credit Suisse AG’s holdings in Alexander & Baldwin Holdings were worth $1,971,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. IFP Advisors Inc increased its stake in Alexander & Baldwin Holdings by 1.3% in the first quarter. IFP Advisors Inc now owns 2,580 shares of the financial services provider’s stock worth $115,000 after buying an additional 32 shares during the last quarter. Arizona State Retirement System increased its stake in Alexander & Baldwin Holdings by 0.5% in the first quarter. Arizona State Retirement System now owns 19,200 shares of the financial services provider’s stock worth $855,000 after buying an additional 101 shares during the last quarter. Advantus Capital Management Inc increased its stake in Alexander & Baldwin Holdings by 3.2% in the first quarter. Advantus Capital Management Inc now owns 5,907 shares of the financial services provider’s stock worth $263,000 after buying an additional 181 shares during the last quarter. Oregon Public Employees Retirement Fund increased its stake in Alexander & Baldwin Holdings by 1.3% in the first quarter. Oregon Public Employees Retirement Fund now owns 16,156 shares of the financial services provider’s stock worth $719,000 after buying an additional 200 shares during the last quarter. Finally, State Treasurer State of Michigan increased its stake in Alexander & Baldwin Holdings by 1.1% in the first quarter. State Treasurer State of Michigan now owns 18,720 shares of the financial services provider’s stock worth $833,000 after buying an additional 200 shares during the last quarter. Institutional investors own 75.81% of the company’s stock.

Alexander & Baldwin Holdings, Inc. (NYSE ALEX) traded down 0.53% during midday trading on Thursday, hitting $43.24. The stock had a trading volume of 63,794 shares. The company’s 50-day moving average price is $41.98 and its 200 day moving average price is $43.21. The company has a market capitalization of $2.13 billion, a PE ratio of 219.49 and a beta of 1.43. Alexander & Baldwin Holdings, Inc. has a 52 week low of $36.98 and a 52 week high of $46.87.

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 7th. Stockholders of record on Monday, August 7th will be paid a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.64%. The ex-dividend date of this dividend is Thursday, August 3rd. Alexander & Baldwin Holdings’s payout ratio is 133.33%.

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Separately, BidaskClub upgraded Alexander & Baldwin Holdings from a “strong sell” rating to a “sell” rating in a research report on Tuesday, June 20th.

In other news, Director Stanley M. Kuriyama sold 4,250 shares of the stock in a transaction on Thursday, June 1st. The stock was sold at an average price of $39.68, for a total value of $168,640.00. Following the completion of the transaction, the director now directly owns 264,383 shares in the company, valued at approximately $10,490,717.44. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 7.60% of the stock is currently owned by corporate insiders.

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.

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

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