Alexander & Baldwin Holdings, Inc. (NYSE:ALEX) Shares Purchased by Regency Capital Management Inc. DE

Regency Capital Management Inc. DE raised its position in Alexander & Baldwin Holdings, Inc. (NYSE:ALEX - Free Report) by 21.7% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 524,304 shares of the financial services provider's stock after acquiring an additional 93,557 shares during the quarter. Alexander & Baldwin makes up about 5.4% of Regency Capital Management Inc. DE's investment portfolio, making the stock its 6th largest holding. Regency Capital Management Inc. DE owned 0.72% of Alexander & Baldwin worth $9,034,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Northern Trust Corp lifted its stake in shares of Alexander & Baldwin by 23.5% during the 4th quarter. Northern Trust Corp now owns 1,020,845 shares of the financial services provider's stock worth $18,110,000 after buying an additional 194,534 shares during the last quarter. JPMorgan Chase & Co. grew its stake in Alexander & Baldwin by 51.0% in the 4th quarter. JPMorgan Chase & Co. now owns 880,018 shares of the financial services provider's stock valued at $15,612,000 after buying an additional 297,044 shares during the last quarter. Clearbridge Investments LLC raised its holdings in Alexander & Baldwin by 0.5% in the 4th quarter. Clearbridge Investments LLC now owns 614,940 shares of the financial services provider's stock valued at $10,909,000 after acquiring an additional 3,210 shares during the period. Allianz Asset Management GmbH lifted its position in Alexander & Baldwin by 29.5% during the first quarter. Allianz Asset Management GmbH now owns 506,034 shares of the financial services provider's stock worth $8,719,000 after acquiring an additional 115,161 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Alexander & Baldwin by 3.8% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 499,565 shares of the financial services provider's stock worth $8,862,000 after acquiring an additional 18,312 shares during the period. Institutional investors own 91.29% of the company's stock.

Alexander & Baldwin Stock Performance

Shares of NYSE:ALEX traded up $0.28 on Tuesday, reaching $17.85. 463,615 shares of the company's stock were exchanged, compared to its average volume of 400,727. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 0.45. The company has a market capitalization of $1.30 billion, a price-to-earnings ratio of 21.00 and a beta of 1.01. The company has a fifty day moving average of $17.83 and a 200-day moving average of $17.54. Alexander & Baldwin Holdings, Inc. has a twelve month low of $15.70 and a twelve month high of $20.30.

Alexander & Baldwin Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 9th. Stockholders of record on Friday, June 13th were issued a dividend of $0.225 per share. This represents a $0.90 dividend on an annualized basis and a dividend yield of 5.04%. The ex-dividend date was Friday, June 13th. Alexander & Baldwin's dividend payout ratio (DPR) is presently 105.88%.

About Alexander & Baldwin

Alexander & 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.