Alexander & Baldwin Holdings, Inc. (ALEX) Stake Raised by Thrivent Financial For Lutherans

Thrivent Financial For Lutherans lifted its position in shares of Alexander & Baldwin Holdings, Inc. (NYSE:ALEX) by 7.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,320 shares of the financial services provider’s stock after purchasing an additional 610 shares during the period. Thrivent Financial For Lutherans’ holdings in Alexander & Baldwin Holdings were worth $386,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in ALEX. IFP Advisors Inc lifted its position in shares of Alexander & Baldwin Holdings by 1.0% during the 2nd 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. LS Investment Advisors LLC lifted its position in shares of Alexander & Baldwin Holdings by 17.6% during the 2nd quarter. LS Investment Advisors LLC now owns 3,673 shares of the financial services provider’s stock worth $152,000 after purchasing an additional 550 shares during the last quarter. Riverhead Capital Management LLC lifted its position in shares of Alexander & Baldwin Holdings by 66.5% during the 2nd quarter. Riverhead Capital Management LLC now owns 3,830 shares of the financial services provider’s stock worth $159,000 after purchasing an additional 1,530 shares during the last quarter. Two Sigma Securities LLC purchased a new stake in Alexander & Baldwin Holdings in the first quarter valued at $211,000. Finally, ING Groep NV purchased a new stake in Alexander & Baldwin Holdings in the second quarter valued at $233,000. 74.16% of the stock is owned by institutional investors and hedge funds.

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In other Alexander & Baldwin Holdings news, Director Stanley M. Kuriyama sold 4,250 shares of the firm’s stock in a transaction on Wednesday, September 6th. The shares were sold at an average price of $43.70, for a total transaction of $185,725.00. Following the completion of 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 document filed with the SEC, which is available through this hyperlink. Over the last ninety days, insiders have sold 12,750 shares of company stock valued at $568,735. Company insiders own 7.60% of the company’s stock.

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

Shares of Alexander & Baldwin Holdings, Inc. (NYSE ALEX) opened at 45.12 on Friday. Alexander & Baldwin Holdings, Inc. has a 12 month low of $37.19 and a 12 month high of $46.96. The stock has a market capitalization of $2.22 billion, a PE ratio of 229.04 and a beta of 1.46. The company has a 50-day moving average of $45.33 and a 200-day moving average of $43.31.

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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