Could Alexander & Baldwin Inc Reit Holdin (NYSE:ALEX) Skyrocket? The Stock Had Too Little Sellers

April 17, 2018 - By reb123z

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

Investors sentiment decreased to 0.93 in Q4 2017. Its down 0.19, from 1.12 in 2017Q3. It worsened, as 29 investors sold Alexander & Baldwin, Inc. shares while 52 reduced holdings. 25 funds opened positions while 50 raised stakes. 38.29 million shares or 1.14% more from 37.86 million shares in 2017Q3 were reported.
Nuveen Asset Mgmt Ltd Company has invested 0.01% in Alexander & Baldwin, Inc. (NYSE:ALEX). 489,591 were reported by Cramer Rosenthal Mcglynn Llc. Bank & Trust Of Montreal Can holds 10,717 shares or 0% of its portfolio. Rodgers Brothers owns 13,350 shares. Baker Ellis Asset Management Limited Company invested 0.1% in Alexander & Baldwin, Inc. (NYSE:ALEX). Seabridge Investment Advsrs Limited Liability Com reported 1.22% in Alexander & Baldwin, Inc. (NYSE:ALEX). Enterprise Fincl Services Corp reported 66 shares. Weaver C Barksdale And Assoc stated it has 0% of its portfolio in Alexander & Baldwin, Inc. (NYSE:ALEX). Texas Permanent School Fund accumulated 31,668 shares or 0.01% of the stock. Daiwa holds 4,800 shares. Bank Of Ny Mellon Corp, New York-based fund reported 592,621 shares. Us Fincl Bank De holds 0% of its portfolio in Alexander & Baldwin, Inc. (NYSE:ALEX) for 1,819 shares. Laurion Capital Mgmt Ltd Partnership holds 27,616 shares. Hbk Investments Ltd Partnership reported 10,900 shares. Tiaa Cref Invest Management Llc holds 0% of its portfolio in Alexander & Baldwin, Inc. (NYSE:ALEX) for 111,833 shares.

Since December 13, 2017, it had 0 insider buys, and 4 insider sales for $756,716 activity. The insider BENJAMIN CHRISTOPHER J sold $288,500.

The stock of Alexander & Baldwin Inc Reit Holdin (NYSE:ALEX) registered a decrease of 8.96% in short interest. ALEX’s total short interest was 1.06M shares in April as published by FINRA. Its down 8.96% from 1.16 million shares, reported previously. With 370,000 shares average volume, it will take short sellers 3 days to cover their ALEX’s short positions. The short interest to Alexander & Baldwin Inc Reit Holdin’s float is 2.29%.

The stock increased 0.82% or $0.19 during the last trading session, reaching $23.37. About 149,877 shares traded. Alexander & Baldwin, Inc. (NYSE:ALEX) has declined 18.49% since April 17, 2017 and is downtrending. It has underperformed by 30.04% the S&P500.

Alexander & Baldwin, Inc. engages in the real estate, and materials and construction businesses in Hawaii. The company has market cap of $1.68 billion. It operates in three divisions: Commercial Real Estate; Land Operations; and Materials and Construction. It has a 5.38 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.

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