Swiss National Bank Reduces Stock Holdings in Alexander & Baldwin Holdings, Inc. $ALEX

Swiss National Bank lowered its holdings in Alexander & Baldwin Holdings, Inc. (NYSE:ALEX) by 0.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 140,720 shares of the financial services provider’s stock after selling 1,100 shares during the quarter. Swiss National Bank owned 0.19% of Alexander & Baldwin worth $2,425,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. Vanguard Group Inc. boosted its holdings in Alexander & Baldwin by 1.5% in the first quarter. Vanguard Group Inc. now owns 11,650,160 shares of the financial services provider’s stock valued at $200,732,000 after purchasing an additional 172,992 shares during the last quarter. Northern Trust Corp raised its stake in shares of Alexander & Baldwin by 23.5% during the 4th quarter. Northern Trust Corp now owns 1,020,845 shares of the financial services provider’s stock valued at $18,110,000 after buying an additional 194,534 shares during the last quarter. Regency Capital Management Inc. DE lifted its holdings in shares of Alexander & Baldwin by 21.7% in the 1st quarter. Regency Capital Management Inc. DE now owns 524,304 shares of the financial services provider’s stock valued at $9,034,000 after buying an additional 93,557 shares during the period. Allianz Asset Management GmbH boosted its stake in shares of Alexander & Baldwin by 29.5% in the first quarter. Allianz Asset Management GmbH now owns 506,034 shares of the financial services provider’s stock worth $8,719,000 after buying an additional 115,161 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Alexander & Baldwin by 3.8% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 499,565 shares of the financial services provider’s stock worth $8,862,000 after acquiring an additional 18,312 shares during the period. Hedge funds and other institutional investors own 91.29% of the company’s stock.

Alexander & Baldwin Stock Up 2.2%

Shares of ALEX stock opened at $19.0160 on Friday. Alexander & Baldwin Holdings, Inc. has a twelve month low of $15.70 and a twelve month high of $20.11. The stock has a market cap of $1.38 billion, a P/E ratio of 17.77, a P/E/G ratio of 1.66 and a beta of 1.04. The stock has a 50 day moving average of $18.07 and a 200 day moving average of $17.66. The company has a current ratio of 0.20, a quick ratio of 0.20 and a debt-to-equity ratio of 0.44.

Alexander & Baldwin Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 7th. Investors of record on Friday, September 12th will be paid a $0.225 dividend. This represents a $0.90 annualized dividend and a dividend yield of 4.7%. The ex-dividend date is Friday, September 12th. Alexander & Baldwin’s payout ratio is currently 84.11%.

Alexander & Baldwin Company Profile

Alexander & Baldwin, Inc engages in the real estate business. It operates through the Commercial Real Estate and Land Operations segments. The Commercial Real Estate segment includes investments and acquisitions, construction and development, and in-house leasing and property management. The Land Operations segment consists of legacy landholdings, assets, and liabilities subject to the company’s simplification and monetization effort.