Alexander & Baldwin Inc (NYSE:ALEX) Director Stanley M. Kuriyama sold 6,300 shares of the firm’s stock in a transaction on Thursday, April 18th. The shares were sold at an average price of $23.58, for a total transaction of $148,554.00. Following the completion of the transaction, the director now directly owns 332,510 shares in the company, valued at approximately $7,840,585.80. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Alexander & Baldwin stock opened at $23.69 on Monday. Alexander & Baldwin Inc has a 12-month low of $17.58 and a 12-month high of $25.69. The company has a current ratio of 2.74, a quick ratio of 2.74 and a debt-to-equity ratio of 0.64.

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Monday, March 11th were paid a dividend of $0.145 per share. This is an increase from Alexander & Baldwin’s previous quarterly dividend of $0.07. The ex-dividend date was Friday, March 8th. This represents a $0.58 annualized dividend and a yield of 2.45%.

Institutional investors have recently added to or reduced their stakes in the stock. Public Employees Retirement System of Ohio increased its stake in Alexander & Baldwin by 51.9% during the 4th quarter. Public Employees Retirement System of Ohio now owns 1,647 shares of the financial services provider’s stock worth $30,000 after buying an additional 563 shares during the period. Pennsylvania Trust Co purchased a new stake in Alexander & Baldwin during the 1st quarter worth $2,855,000. Essex Investment Management Co. LLC purchased a new stake in Alexander & Baldwin during the 4th quarter worth $61,000. Bank of Montreal Can increased its stake in Alexander & Baldwin by 159.7% during the 4th quarter. Bank of Montreal Can now owns 4,033 shares of the financial services provider’s stock worth $74,000 after buying an additional 2,480 shares during the period. Finally, Dupont Capital Management Corp purchased a new stake in Alexander & Baldwin during the 4th quarter worth $124,000. 79.40% of the stock is currently owned by hedge funds and other institutional investors.

Separately, TheStreet raised shares of Alexander & Baldwin from a “d+” rating to a “c-” rating in a research note on Tuesday, January 29th.

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About Alexander & Baldwin

Alexander & Baldwin, Inc is Hawai`i's premier commercial real estate company and the state's foremost owner of grocery-anchored retail centers. A&B is a fully integrated real estate investment trust and owns, operates and manages approximately 3.5 million square feet of primarily retail and industrial space in Hawai`i, and is a major landowner in the state.

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Insider Buying and Selling by Quarter for Alexander & Baldwin (NYSE:ALEX)

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