Shares of Alexander & Baldwin, Inc. (NYSE:ALEX – Get Free Report) have obtained a consensus ranking of “Average Purchase” from the 4 brokerages which can be protecting the agency, MarketBeat.com experiences. One analysis analyst has rated the inventory with a maintain ranking and three have assigned a purchase ranking to the corporate. The typical 1-year value goal amongst brokerages which have up to date their protection on the inventory within the final 12 months is $21.67.
ALEX has been the subject of plenty of analysis experiences. StockNews.com raised Alexander & Baldwin from a “maintain” ranking to a “purchase” ranking in a analysis observe on Monday, October twenty eighth. Piper Sandler reissued an “obese” ranking and set a $23.00 value goal (up from $22.00) on shares of Alexander & Baldwin in a report on Friday, October twenty fifth. Lastly, Alliance World Companions initiated protection on Alexander & Baldwin in a report on Thursday, August eighth. They set a “purchase” ranking and a $22.00 value goal for the corporate.
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Hedge Funds Weigh In On Alexander & Baldwin
A number of institutional buyers have lately purchased and offered shares of ALEX. Asset Administration One Co. Ltd. grew its holdings in Alexander & Baldwin by 14.6% within the third quarter. Asset Administration One Co. Ltd. now owns 194,942 shares of the monetary providers supplier’s inventory price $3,743,000 after buying a further 24,773 shares over the last quarter. Van ECK Associates Corp grew its holdings in Alexander & Baldwin by 12.3% within the third quarter. Van ECK Associates Corp now owns 12,510 shares of the monetary providers supplier’s inventory price $229,000 after buying a further 1,374 shares over the last quarter. Harbor Capital Advisors Inc. grew its holdings in Alexander & Baldwin by 101.0% within the third quarter. Harbor Capital Advisors Inc. now owns 221,692 shares of the monetary providers supplier’s inventory price $4,256,000 after buying a further 111,392 shares over the last quarter. Pinnacle Associates Ltd. grew its holdings in Alexander & Baldwin by 9.6% within the third quarter. Pinnacle Associates Ltd. now owns 389,006 shares of the monetary providers supplier’s inventory price $7,399,000 after buying a further 34,007 shares over the last quarter. Lastly, Mirae Asset World Investments Co. Ltd. grew its holdings in Alexander & Baldwin by 34.8% within the third quarter. Mirae Asset World Investments Co. Ltd. now owns 2,818 shares of the monetary providers supplier’s inventory price $54,000 after buying a further 727 shares over the last quarter. 91.29% of the inventory is owned by hedge funds and different institutional buyers.
Alexander & Baldwin Buying and selling Up 0.7 %
Shares of ALEX opened at $18.75 on Monday. The agency has a market cap of $1.36 billion, a price-to-earnings ratio of 30.23 and a beta of 1.26. Alexander & Baldwin has a 52-week low of $15.53 and a 52-week excessive of $20.30. The corporate has a debt-to-equity ratio of 0.47, a fast ratio of 0.53 and a present ratio of 0.35. The enterprise’s fifty day shifting common is $19.13 and its 200-day shifting common is $17.91.
Alexander & Baldwin Firm Profile
Alexander & Baldwin, Inc (NYSE: ALEX) (A&B) is the one publicly-traded actual property funding belief to focus completely on Hawai’i business actual property and is the state’s largest proprietor of grocery-anchored, neighborhood procuring facilities. A&B owns, operates and manages roughly 3.9 million sq. toes of economic area in Hawai’i, together with 22 retail facilities, 13 industrial belongings and 4 workplace properties, in addition to 142.0 acres of floor lease belongings.
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