Somewhat Positive News Coverage Somewhat Unlikely to Impact Alexander & Baldwin Holdings (NYSE:ALEX) Stock Price
Headlines about Alexander & Baldwin Holdings (NYSE:ALEX) have been trending somewhat positive on Saturday, according to Accern Sentiment. The research firm identifies positive and negative news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Alexander & Baldwin Holdings earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned news headlines about the financial services provider an impact score of 46.6719126843915 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the news headlines that may have impacted Accern’s rankings:
- Head to Head Analysis: Alexander & Baldwin Holdings (NYSE:ALEX) and Brookfield Property Partners L.P. (BPY) (americanbankingnews.com)
- See what the IHS Markit Score report has to say about Alexander & Baldwin Inc. (finance.yahoo.com)
- Alexander & Baldwin, Inc. :ALEX-US: Earnings Analysis: Q2, 2017 By the Numbers : August 9, 2017 (finance.yahoo.com)
- Alexander & Baldwin Holdings (NYSE:ALEX) vs. Howard Hughes Corporation (The) (HHC) Financial Comparison (americanbankingnews.com)
Separately, BidaskClub upgraded shares of Alexander & Baldwin Holdings from a “sell” rating to a “hold” rating in a research note on Friday.
Alexander & Baldwin Holdings (NYSE ALEX) traded up 0.14% during trading on Friday, reaching $43.32. 1,218,683 shares of the company’s stock traded hands. Alexander & Baldwin Holdings has a one year low of $36.98 and a one year high of $46.87. The company has a 50 day moving average of $42.07 and a 200 day moving average of $43.21. The firm has a market cap of $2.13 billion, a price-to-earnings ratio of 219.90 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 given a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.65%. The ex-dividend date is Thursday, August 3rd. Alexander & Baldwin Holdings’s dividend payout ratio (DPR) is presently 133.33%.
In other news, Director Stanley M. Kuriyama sold 4,250 shares of the business’s stock in a transaction that occurred 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 completion of 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 can be accessed through this link. 7.60% of the stock is owned by 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.
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