Alexander & Baldwin, Inc. (A&B) is one of Hawai'i's premier commercial real estate companies and the largest owner of grocery-anchored, neighborhood shopping centers in the state. A&B owns, operates and manages approximately 3.9 million square feet of commercial space in Hawai'i, including 22 retail centers, ten industrial assets and four office properties, as well as 154 acres of ground leases. These core assets comprise nearly 72% of A&B's total assets. A&B's non-core assets include renewable energy generation facilities, nearly 27,000 acres of agricultural and conservation land and a vertically integrated paving business. A&B is achieving its strategic objective of becoming a Hawai'i-focused commercial real estate company by expanding and strengthening its Hawai'i CRE portfolio and monetizing non-core assets. Over its 150-year history, A&B has evolved with the state's economy and played a leadership role in the development of the agricultural, transportation, tourism, construction, residential and commercial real estate industries.

Company profile
Ticker
ALEX
Exchange
Website
CEO
Christopher J. Benjamin
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
A & B II, Inc.
SEC CIK
Corporate docs
Subsidiaries
Alexander & Baldwin Investments, LLC • Alexander & Baldwin, LLC • Alexander & Baldwin, LLC • A&B Deer Valley LLC • A&B Gateway LLC • A&B Little Cottonwood LLC • A&B Lot 100 LLC • A&B Mililani Investment LLC • A&B Napili LLC • AB Collection Retail LLC ...
IRS number
454849780
ALEX stock data
Latest filings (excl ownership)
ARS
2022 FY
Annual report to shareholders
13 Mar 23
DEFA14A
Additional proxy soliciting materials
13 Mar 23
DEF 14A
Definitive proxy
13 Mar 23
10-K
2022 FY
Annual report
1 Mar 23
8-K
Alexander & Baldwin, Inc. Reports Fourth Quarter and Full-Year 2022 Results
28 Feb 23
8-K
Alexander & Baldwin, Inc. Announces Leadership Transition
2 Feb 23
8-K
Financial Statements and Exhibits
12 Dec 22
10-Q
2022 Q3
Quarterly report
3 Nov 22
8-K
Alexander & Baldwin, Inc. Reports Third Quarter 2022 Results
3 Nov 22
8-K
Regulation FD Disclosure
9 Sep 22
Transcripts
ALEX
Earnings call transcript
2022 Q3
3 Nov 22
ALEX
Earnings call transcript
2022 Q2
28 Jul 22
ALEX
Earnings call transcript
2022 Q1
8 May 22
ALEX
Earnings call transcript
2021 Q4
25 Feb 22
ALEX
Earnings call transcript
2021 Q3
6 Nov 21
ALEX
Earnings call transcript
2021 Q2
1 Aug 21
ALEX
Earnings call transcript
2021 Q1
2 May 21
ALEX
Earnings call transcript
2020 Q4
26 Feb 21
ALEX
Earnings call transcript
2020 Q3
1 Nov 20
ALEX
Earnings call transcript
2020 Q3
31 Oct 20
Latest ownership filings
SC 13G/A
VANGUARD GROUP INC
9 Feb 23
4
Scott G Morita
3 Feb 23
4
Derek T Kanehira
3 Feb 23
4
JERROD M SCHRECK
3 Feb 23
4
Lance K Parker
3 Feb 23
4
Clayton K Y Chun
3 Feb 23
4
MEREDITH J CHING
3 Feb 23
4
CHRISTOPHER J BENJAMIN
3 Feb 23
SC 13G
STATE STREET CORP
3 Feb 23
SC 13G/A
BlackRock Inc.
26 Jan 23
Financial summary
Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
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Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 34.40 mm | 34.40 mm | 34.40 mm | 34.40 mm | 34.40 mm | 34.40 mm |
Cash burn (monthly) | (no burn) | 3.05 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 8.14 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 26.26 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 8.6 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
10.4% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 205 |
Opened positions | 22 |
Closed positions | 17 |
Increased positions | 73 |
Reduced positions | 76 |
13F shares | Current |
---|---|
Total value | 1.10 tn |
Total shares | 61.96 mm |
Total puts | 41.80 k |
Total calls | 30.40 k |
Total put/call ratio | 1.4 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 13.98 mm | $261.91 bn |
Vanguard | 11.90 mm | $222.82 bn |
STT State Street | 4.21 mm | $79.72 bn |
BEN Franklin Resources | 3.16 mm | $59.13 bn |
Reinhart Partners | 2.20 mm | $41.28 mm |
Wellington Management | 1.73 mm | $32.42 bn |
Geode Capital Management | 1.48 mm | $27.81 bn |
Charles Schwab Investment Management | 1.32 mm | $24.74 bn |
Fuller & Thaler Asset Management | 1.31 mm | $24.53 bn |
NTRS Northern Trust | 884.35 k | $16.56 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Feb 23 | Clayton K Y Chun | Common Stock | Payment of exercise | Dispose F | No | No | 20 | 2,049 | 40.98 k | 40,563 |
1 Feb 23 | Clayton K Y Chun | Common Stock | Payment of exercise | Dispose F | No | No | 20 | 1,543 | 30.86 k | 42,612 |
1 Feb 23 | Clayton K Y Chun | Common Stock | Grant | Acquire A | No | No | 0 | 4,697 | 0.00 | 44,155 |
1 Feb 23 | Clayton K Y Chun | Common Stock | Grant | Acquire A | No | No | 0 | 15,000 | 0.00 | 39,458 |
1 Feb 23 | Ching Meredith J | Common Stock | Payment of exercise | Dispose F | No | No | 20 | 4,535 | 90.70 k | 143,603 |
1 Feb 23 | Ching Meredith J | Common Stock | Payment of exercise | Dispose F | No | No | 20 | 3,571 | 71.42 k | 148,138 |
1 Feb 23 | Ching Meredith J | Common Stock | Grant | Acquire A | No | No | 0 | 6,250 | 0.00 | 151,709 |
1 Feb 23 | Ching Meredith J | Common Stock | Grant | Acquire A | No | No | 0 | 9,034 | 0.00 | 145,459 |
1 Feb 23 | Scott G Morita | Common Stock | Payment of exercise | Dispose F | No | No | 20 | 794 | 15.88 k | 5,888 |
1 Feb 23 | Scott G Morita | Common Stock | Grant | Acquire A | No | No | 0 | 2,625 | 0.00 | 6,682 |
Press releases
Alexander & Baldwin to Participate in the Citi 2023 Global Property CEO Conference
6 Mar 23
Alexander & Baldwin, Inc. Reports Fourth Quarter and Full-Year 2022 Results
28 Feb 23
ALEXANDER & BALDWIN, INC. ANNOUNCES LEADERSHIP TRANSITION
1 Feb 23
Alexander & Baldwin Announces Fourth Quarter and Full-Year 2022 Earnings Release and Conference Call Date
31 Jan 23
Alexander & Baldwin Announces Reporting Information for 2022 Dividend Distributions
26 Jan 23