<div id="readability-page-1"><p>Alexander &amp; Baldwin Holdings, Inc. (NYSE:ALEX - Get Free Report) VP Meredith Ching sold 700 shares of the stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $20.89, for a total value of $14,623.00. Following the sale, the vice president directly owned 145,449 shares in the company, valued at $3,038,429.61. This represents a 0.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.</p><div><p><span></span><span>Get <strong>Alexander &amp; Baldwin</strong> alerts:</span></p></div><h2>Alexander &amp; Baldwin Stock Performance</h2><p>Shares of ALEX stock traded up $0.04 on Wednesday, hitting $20.89. The company had a trading volume of 4,173,340 shares, compared to its average volume of 1,022,396. Alexander &amp; Baldwin Holdings, Inc. has a twelve month low of $15.07 and a twelve month high of $20.97. The company has a quick ratio of 0.38, a current ratio of 0.38 and a debt-to-equity ratio of 0.47. The firm has a market cap of $1.52 billion, a P/E ratio of 20.68, a price-to-earnings-growth ratio of 1.87 and a beta of 1.00. The company has a 50-day moving average price of $16.37 and a 200-day moving average price of $17.59. </p><p>Alexander &amp; Baldwin (NYSE:ALEX - Get Free Report) last posted its earnings results on Friday, October 31st. The financial services provider reported $0.20 EPS for the quarter, missing the consensus estimate of $0.28 by ($0.08). Alexander &amp; Baldwin had a return on equity of 7.29% and a net margin of 33.62%.The company had revenue of $50.25 million for the quarter, compared to analyst estimates of $50.69 million.  As a group, equities research analysts predict that  Alexander &amp; Baldwin Holdings, Inc. will post 1.35 earnings per share for the current fiscal year. </p><h2>Alexander &amp; Baldwin Increases Dividend</h2><p>The company also recently declared a quarterly dividend, which will be paid on Thursday, January 8th. Investors of record on Friday, December 19th will be given a dividend of $0.35 per share. This is a boost from Alexander &amp; Baldwin's previous quarterly dividend of $0.23. This represents a $1.40 annualized dividend and a yield of 6.7%. The ex-dividend date is Friday, December 19th. Alexander &amp; Baldwin's dividend payout ratio (DPR) is 89.11%. </p><h2>Analyst Upgrades and Downgrades</h2><p>A number of research analysts have weighed in on the stock. Piper Sandler downgraded shares of Alexander &amp; Baldwin from an &#34;overweight&#34; rating to a &#34;neutral&#34; rating and set a $21.00 price objective for the company. in a research report on Tuesday. Alliance Global Partners cut Alexander &amp; Baldwin to a &#34;neutral&#34; rating in a report on Wednesday. JMP Securities  reiterated a &#34;market perform&#34; rating on shares of Alexander &amp; Baldwin in a research report on Tuesday, September 2nd. Janney Montgomery Scott cut Alexander &amp; Baldwin to a &#34;neutral&#34; rating and set a $21.00 price objective for the company. in a research report on Wednesday. Finally, Weiss Ratings  reiterated a &#34;hold (c)&#34; rating on shares of Alexander &amp; Baldwin in a research report on Monday. Five analysts have rated the stock with a Hold rating,  Based on data from MarketBeat, the stock  has a consensus rating of &#34;Hold&#34; and a consensus target price of $20.95.</p><p><b>Check Out Our Latest Research Report on ALEX</b></p><h2>Institutional Trading of Alexander &amp; Baldwin</h2><p>Institutional investors have recently made changes to their positions in the company. PNC Financial Services Group Inc. raised its stake in  Alexander &amp; Baldwin by 3.2% in the 1st quarter. PNC Financial Services Group Inc. now owns 19,810 shares of the financial services provider's stock valued at $341,000 after purchasing an additional 621 shares during the last quarter.  1620 Investment Advisors Inc. grew its holdings in shares of  Alexander &amp; Baldwin by 3.0% during the third quarter. 1620 Investment Advisors Inc. now owns 21,850 shares of the financial services provider's stock worth $397,000 after buying an additional 637 shares in the last quarter.  Amalgamated Bank raised its position in shares of  Alexander &amp; Baldwin by 3.3% in the third quarter. Amalgamated Bank now owns 21,401 shares of the financial services provider's stock valued at $389,000 after buying an additional 682 shares during the last quarter.  Polymer Capital Management US LLC raised its position in shares of  Alexander &amp; Baldwin by 4.2% in the third quarter. Polymer Capital Management US LLC now owns 17,293 shares of the financial services provider's stock valued at $315,000 after buying an additional 703 shares during the last quarter.  Finally, Daiwa Securities Group Inc. lifted its stake in shares of  Alexander &amp; Baldwin by 3.5% in the second quarter. Daiwa Securities Group Inc. now owns 25,974 shares of the financial services provider's stock worth $463,000 after buying an additional 884 shares in the last quarter. 91.29% of the stock is owned by institutional investors and hedge funds. </p><h2>About Alexander &amp; Baldwin</h2> (Get Free Report)<p>Alexander &amp; Baldwin, Inc engages in the real estate business. It operates through the Commercial Real Estate and Land Operations segments. The Commercial Real Estate segment includes investments and acquisitions, construction and development, and in-house leasing and property management. The Land Operations segment consists of legacy landholdings, assets, and liabilities subject to the company's simplification and monetization effort.</p><h2>Read More</h2><ul><li>Five stocks we like better than Alexander &amp; Baldwin</li><li>What Do S&amp;P 500 Stocks Tell Investors About the Market? </li><li>Market Momentum: 3 Stocks Poised for Major Breakouts</li><li>How to Effectively Use the MarketBeat Ratings Screener</li><li>3 Reasons Casey’s General Stores Will Continue Trending Higher</li><li>What Are Earnings Reports?</li><li>Golden Cross Alert: 3 Stocks With Major Upside Potential</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/InsiderTradesChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUFMRVg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/InsiderTradesChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUFMRVg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Alexander &amp; Baldwin Right Now?</h2><p>Before you consider Alexander &amp; Baldwin, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Alexander &amp; Baldwin wasn't on the list.</p><p>While Alexander &amp; Baldwin currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

ALEX

<p>Meredith Ching, VP of Alexander & Baldwin, sold 700 shares of the company at $20.89 each, totaling $14,623. Post-sale, she owns 145,449 shares valued at $3,038,429.61, marking a 0.48% decrease in her position. The transaction was filed with the SEC. The company's stock has a 12-month range of $15.07 to $20.97, with a market cap of $1.52 billion. Analysts have given the stock a consensus "Hold" rating with a target price of $20.95.</p>

Meredith Ching Sells 700 Shares of Alexander & Baldwin (NYSE:ALEX) Stock