Alexander & Baldwin Holdings, Inc. (NYSE:ALEX) Director Stanley M. Kuriyama sold 4,250 shares of the business’s stock in a transaction that occurred on Wednesday, November 15th. The stock was sold at an average price of $43.56, for a total transaction of $185,130.00. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.
Shares of Alexander & Baldwin Holdings, Inc. (ALEX) opened at $29.12 on Monday. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.69 and a quick ratio of 0.69. Alexander & Baldwin Holdings, Inc. has a 12 month low of $28.51 and a 12 month high of $46.96. The company has a market cap of $1,432.01, a price-to-earnings ratio of 29.71 and a beta of 1.45.
The company also recently disclosed a special dividend, which will be paid on Tuesday, January 23rd. Stockholders of record on Wednesday, November 29th will be paid a $15.92 dividend. This is a positive change from Alexander & Baldwin’s previous special dividend of $0.04. The ex-dividend date is Tuesday, November 28th. Alexander & Baldwin’s dividend payout ratio is currently 75.68%.
A number of equities research analysts have weighed in on ALEX shares. BidaskClub raised shares of Alexander & Baldwin from a “sell” rating to a “hold” rating in a report on Friday, August 11th. TheStreet lowered shares of Alexander & Baldwin from a “b-” rating to a “c” rating in a report on Tuesday, November 28th.
About Alexander & Baldwin
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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