Alexander & Baldwin Holdings, Inc. (NYSE:ALEX) was upgraded by equities researchers at BidaskClub from a “sell” rating to a “hold” rating in a report released on Friday.

Shares of Alexander & Baldwin Holdings (ALEX) traded up 0.69% during trading on Friday, reaching $43.56. 530,470 shares of the company’s stock traded hands. Alexander & Baldwin Holdings has a 1-year low of $36.98 and a 1-year high of $46.87. The company has a 50 day moving average of $42.02 and a 200-day moving average of $43.21. The company has a market capitalization of $2.14 billion, a price-to-earnings ratio of 221.12 and a beta of 1.43.

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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, July 12th. The stock was sold at an average price of $41.75, for a total value of $177,437.50. Following the sale, the director now directly owns 260,133 shares in the company, valued at $10,860,552.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 7.60% of the company’s stock.

A number of large investors have recently bought and sold shares of ALEX. IFP Advisors Inc raised its position in shares of Alexander & Baldwin Holdings by 1.0% in the second quarter. IFP Advisors Inc now owns 2,606 shares of the financial services provider’s stock worth $108,000 after buying an additional 26 shares during the period. Flinton Capital Management LLC raised 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 period. Neuburgh Advisers LLC raised 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 period. LS Investment Advisors LLC raised 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 period. Finally, Riverhead Capital Management LLC raised its position in shares of Alexander & Baldwin Holdings by 66.5% in the second quarter. Riverhead Capital Management LLC now owns 3,830 shares of the financial services provider’s stock worth $159,000 after buying an additional 1,530 shares during the period. Institutional investors own 75.81% 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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