Alexander & Baldwin Holdings, Inc. (ALEX) Position Maintained by Fruth Investment Management

Fruth Investment Management held its stake in Alexander & Baldwin Holdings, Inc. (NYSE:ALEX) during the second quarter, according to its most recent filing with the SEC. The fund owned 5,600 shares of the financial services provider’s stock at the end of the second quarter. Fruth Investment Management’s holdings in Alexander & Baldwin Holdings were worth $231,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. IFP Advisors Inc raised 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 valued at $115,000 after buying an additional 32 shares during the period. Flinton Capital Management LLC increased its stake 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 in the last quarter. Neuburgh Advisers LLC increased its stake 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 in the last quarter. LS Investment Advisors LLC increased its stake 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 in the last quarter. Finally, Two Sigma Securities LLC purchased a new stake in shares of Alexander & Baldwin Holdings during the first quarter worth $211,000. 75.69% of the stock is currently owned by institutional investors and hedge funds.

Alexander & Baldwin Holdings, Inc. (ALEX) traded up 0.12% during trading on Friday, reaching $42.41. 29,088 shares of the company’s stock were exchanged. Alexander & Baldwin Holdings, Inc. has a 12 month low of $36.98 and a 12 month high of $46.87. The firm’s 50-day moving average price is $41.62 and its 200-day moving average price is $43.38. The firm has a market cap of $2.08 billion, a price-to-earnings ratio of 441.77 and a beta of 1.43.

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ALEX has been the topic of several research analyst reports. Evercore ISI restated an “outperform” rating and set a $50.00 target price on shares of Alexander & Baldwin Holdings in a report on Thursday, March 30th. BidaskClub upgraded shares of Alexander & Baldwin Holdings from a “strong sell” rating to a “sell” rating in a report on Tuesday, June 20th.

In other news, Director Stanley M. Kuriyama sold 4,250 shares of the stock in a transaction on Wednesday, July 12th. The stock was sold at an average price of $41.75, for a total transaction of $177,437.50. Following the completion of the transaction, the director now owns 260,133 shares in the company, valued at approximately $10,860,552.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have sold a total of 12,750 shares of company stock valued at $524,280 in the last quarter. 7.60% of the stock is owned by corporate insiders.

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.