News headlines about Alexander & Baldwin Holdings (NYSE:ALEX) have been trending somewhat positive on Wednesday, according to Accern Sentiment Analysis. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Alexander & Baldwin Holdings earned a daily sentiment score of 0.19 on Accern’s scale. Accern also assigned news articles about the financial services provider an impact score of 45.2883378595164 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Shares of Alexander & Baldwin Holdings (NYSE:ALEX) opened at 45.70 on Wednesday. The company has a market cap of $2.25 billion, a PE ratio of 231.98 and a beta of 1.46. The firm’s 50-day moving average price is $44.77 and its 200 day moving average price is $43.23. Alexander & Baldwin Holdings has a 12 month low of $36.98 and a 12 month high of $46.96.
Separately, BidaskClub cut Alexander & Baldwin Holdings from a “buy” rating to a “hold” rating in a research report on Friday, October 6th.
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In other news, Director Stanley M. Kuriyama sold 4,250 shares of the company’s stock in a transaction on Wednesday, September 6th. The stock was sold at an average price of $43.70, for a total transaction of $185,725.00. Following the sale, the director now owns 251,633 shares of the company’s stock, valued at $10,996,362.10. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have sold 12,750 shares of company stock worth $568,735 in the last ninety days. Corporate insiders own 7.60% of the company’s stock.
Alexander & Baldwin Holdings Company Profile
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.