Alexander & Baldwin Inc Reit Holdin (NYSE:ALEX)’s Stock Is Buy After Less Market Selling

June 17, 2018 - By Dolores Ford

Alexander & Baldwin, Inc. (NYSE:ALEX) Logo

Investors sentiment increased to 6.28 in Q1 2018. Its up 5.35, from 0.93 in 2017Q4. It improved, as 9 investors sold Alexander & Baldwin, Inc. shares while 16 reduced holdings. 37 funds opened positions while 120 raised stakes. 101.73 million shares or 165.64% more from 38.29 million shares in 2017Q4 were reported.
Dimensional Fund Lp has 2.99 million shares for 0.03% of their portfolio. The Oklahoma-based Bokf Na has invested 0.01% in Alexander & Baldwin, Inc. (NYSE:ALEX). Commercial Bank Of Montreal Can stated it has 1,640 shares. Qs Investors Limited Liability Corp has invested 0% in Alexander & Baldwin, Inc. (NYSE:ALEX). Asset Management One Ltd reported 0.01% of its portfolio in Alexander & Baldwin, Inc. (NYSE:ALEX). Federated Investors Pa holds 13,789 shares. Bnp Paribas Arbitrage Sa has 0% invested in Alexander & Baldwin, Inc. (NYSE:ALEX) for 19,826 shares. Geode Capital Management Limited Co accumulated 609,198 shares or 0% of the stock. Hermes Invest Mngmt Ltd has 431,504 shares. National Bank & Trust Of America Corp De owns 496,219 shares or 0% of their US portfolio. Great West Life Assurance Communication Can reported 38,200 shares. Prudential Financial holds 454,091 shares. First Midwest Financial Bank Trust Division reported 10,313 shares. Natixis Advsr Ltd Partnership reported 75,692 shares. State Board Of Administration Of Florida Retirement invested 0% in Alexander & Baldwin, Inc. (NYSE:ALEX).

Since January 10, 2018, it had 0 buys, and 7 selling transactions for $1.11 million activity. On Friday, May 11 Hulihee David C sold $238,518 worth of Alexander & Baldwin, Inc. (NYSE:ALEX) or 10,603 shares.

The stock of Alexander & Baldwin Inc Reit Holdin (NYSE:ALEX) registered a decrease of 4.84% in short interest. ALEX’s total short interest was 913,500 shares in June as published by FINRA. Its down 4.84% from 960,000 shares, reported previously. With 228,000 shares average volume, it will take short sellers 4 days to cover their ALEX’s short positions. The short interest to Alexander & Baldwin Inc Reit Holdin’s float is 1.98%.

The stock increased 2.48% or $0.52 during the last trading session, reaching $21.53. About 892,562 shares traded or 187.23% up from the average. Alexander & Baldwin, Inc. (NYSE:ALEX) has declined 18.77% since June 17, 2017 and is downtrending. It has underperformed by 31.34% the S&P500.

Alexander & Baldwin, Inc. engages in the real estate, and materials and construction businesses in Hawaii. The company has market cap of $1.55 billion. It operates in three divisions: Commercial Real Estate; Land Operations; and Materials and Construction. It has a 4.66 P/E ratio. The Commercial Real Estate segment owns, develops, operates, and manages retail, industrial, and office properties in Hawaii and on the Mainland, as well as leases urban land in Hawaii to third-party lessees.

More recent Alexander & Baldwin, Inc. (NYSE:ALEX) news were published by: Prnewswire.com which released: “Alexander & Baldwin to Present at REITWeek® 2018” on May 30, 2018. Also Gurufocus.com published the news titled: “Cheap Stocks in a Cheap Sector” on June 13, 2018. Bizjournals.com‘s news article titled: “A&B launching sales for luxury Kahala condo project, prices start at $9M: Slideshow” with publication date: May 31, 2018 was also an interesting one.

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