Louisiana State Employees Retirement System raised its position in Alexander & Baldwin Holdings, Inc. (NYSE:ALEX) by 3.4% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 12,100 shares of the financial services provider’s stock after buying an additional 400 shares during the period. Louisiana State Employees Retirement System’s holdings in Alexander & Baldwin Holdings were worth $501,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of ALEX. IFP Advisors Inc boosted its position in shares of 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. Flinton Capital Management LLC boosted its position in shares of Alexander & Baldwin Holdings by 14.6% in the first quarter. Flinton Capital Management LLC now owns 2,632 shares of the financial services provider’s stock worth $117,000 after buying an additional 336 shares during the last quarter. Neuburgh Advisers LLC boosted its position in shares of Alexander & Baldwin Holdings by 14.6% in the first quarter. Neuburgh Advisers LLC now owns 3,196 shares of the financial services provider’s stock worth $142,000 after buying an additional 408 shares during the last quarter. LS Investment Advisors LLC boosted its position 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 worth $152,000 after buying an additional 550 shares during the last quarter. Finally, Two Sigma Securities LLC acquired a new position in shares of Alexander & Baldwin Holdings during the first quarter worth approximately $211,000. 75.81% of the stock is owned by institutional investors and hedge funds.

Alexander & Baldwin Holdings, Inc. (ALEX) traded up 0.1153% during trading on Friday, hitting $43.3099. 786,637 shares of the company were exchanged. The stock’s 50-day moving average is $42.02 and its 200-day moving average is $43.21. Alexander & Baldwin Holdings, Inc. has a 12 month low of $36.98 and a 12 month high of $46.87. The company has a market capitalization of $2.13 billion, a price-to-earnings ratio of 219.8472 and a beta of 1.43.

The firm also recently disclosed 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 annualized dividend and a dividend yield of 0.65%. The ex-dividend date is Thursday, August 3rd. Alexander & Baldwin Holdings’s payout ratio is 133.33%.

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Separately, BidaskClub raised shares of Alexander & Baldwin Holdings from a “sell” rating to a “hold” rating in a research note on Friday.

In other news, Director Stanley M. Kuriyama sold 4,250 shares of the firm’s stock in a transaction that occurred on Wednesday, July 12th. The shares were sold at an average price of $41.75, for a total value of $177,437.50. Following the completion of the transaction, the director now owns 260,133 shares of the company’s stock, valued at $10,860,552.75. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Company insiders own 7.60% of the company’s stock.

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

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