Sidoti Csr Boosts Earnings Estimates for Alexander & Baldwin

Alexander & Baldwin Holdings, Inc. (NYSE:ALEX - Free Report) - Research analysts at Sidoti Csr lifted their Q2 2025 EPS estimates for shares of Alexander & Baldwin in a note issued to investors on Wednesday, July 16th. Sidoti Csr analyst B. Mccarthy now anticipates that the financial services provider will earn $0.43 per share for the quarter, up from their previous forecast of $0.28. The consensus estimate for Alexander & Baldwin's current full-year earnings is $1.35 per share.

Alexander & Baldwin Stock Performance

ALEX opened at $17.69 on Friday. The company's 50 day moving average is $17.83 and its 200 day moving average is $17.54. Alexander & Baldwin has a 12-month low of $15.70 and a 12-month high of $20.30. The company has a market cap of $1.29 billion, a price-to-earnings ratio of 20.81 and a beta of 1.01. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 0.45.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. boosted its holdings in Alexander & Baldwin by 1.5% in the first quarter. Vanguard Group Inc. now owns 11,650,160 shares of the financial services provider's stock valued at $200,732,000 after purchasing an additional 172,992 shares in the last quarter. Northern Trust Corp grew its stake in 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 valued at $18,110,000 after purchasing an additional 194,534 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of Alexander & Baldwin by 51.0% in the 4th quarter. JPMorgan Chase & Co. now owns 880,018 shares of the financial services provider's stock worth $15,612,000 after buying an additional 297,044 shares in the last quarter. Millennium Management LLC grew its stake in Alexander & Baldwin by 81.8% in the first quarter. Millennium Management LLC now owns 737,931 shares of the financial services provider's stock valued at $12,715,000 after purchasing an additional 331,969 shares in the last quarter. Finally, Clearbridge Investments LLC lifted its position in shares of Alexander & Baldwin by 0.5% during the 4th quarter. Clearbridge Investments LLC now owns 614,940 shares of the financial services provider's stock worth $10,909,000 after purchasing an additional 3,210 shares during the last quarter. Hedge funds and other institutional investors own 91.29% of the company's stock.

Alexander & Baldwin Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 9th. Shareholders of record on Friday, June 13th were given a dividend of $0.225 per share. This represents a $0.90 dividend on an annualized basis and a yield of 5.09%. The ex-dividend date of this dividend was Friday, June 13th. Alexander & Baldwin's dividend payout ratio 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.

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