Alexander & Baldwin Inc (NYSE:ALEX) Director Stanley M. Kuriyama sold 6,300 shares of the firm’s stock in a transaction on Wednesday, June 26th. The shares were sold at an average price of $22.35, for a total value of $140,805.00. Following the sale, the director now directly owns 325,535 shares of the company’s stock, valued at approximately $7,275,707.25. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.
ALEX stock traded down $0.26 during trading hours on Friday, hitting $23.12. 356,628 shares of the stock were exchanged, compared to its average volume of 293,485. The company has a debt-to-equity ratio of 0.67, a current ratio of 2.64 and a quick ratio of 2.64. The firm has a 50-day moving average price of $23.35. Alexander & Baldwin Inc has a 12 month low of $17.58 and a 12 month high of $25.69.
Alexander & Baldwin (NYSE:ALEX) last posted its quarterly earnings data on Thursday, May 2nd. The financial services provider reported $0.12 earnings per share for the quarter, hitting the consensus estimate of $0.12. Alexander & Baldwin had a negative return on equity of 8.56% and a negative net margin of 16.70%. The firm had revenue of $129.40 million for the quarter, compared to analysts’ expectations of $89.23 million. During the same quarter last year, the business earned $0.66 EPS. The company’s quarterly revenue was up 14.2% compared to the same quarter last year.
Alexander & Baldwin Company Profile
Alexander & Baldwin, Inc is Hawai`i's premier commercial real estate company and the state's foremost owner of grocery-anchored retail centers. A&B is a fully integrated real estate investment trust and owns, operates and manages approximately 3.5 million square feet of primarily retail and industrial space in Hawai`i, and is a major landowner in the state.
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