6 days Ago By Defense World Staff
Alliancebernstein L.P. reduced its position in Bank of Hawaii Co.
(NYSE:BOH – Free Report) by 1.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 51,797 shares of the bank’s stock after selling 695 shares during the quarter.
Alliancebernstein L.P. owned approximately 0.
13% of Bank of Hawaii worth $3,690,000 at the end of the most recent quarter. A number of other institutional investors have also recently bought and sold shares of BOH. SBI Securities Co.
Ltd. bought a new position in shares of Bank of Hawaii during the 4th quarter worth about $50,000. CoreFirst Bank & Trust acquired a new stake in Bank of Hawaii during the fourth quarter valued at approximately $70,000.
Smartleaf Asset Management LLC grew its stake in shares of Bank of Hawaii by 204.9% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,543 shares of the bank’s stock valued at $110,000 after purchasing an additional 1,037 shares during the period.
KBC Group NV grew its position in Bank of Hawaii by 70.9% in the fourth quarter. KBC Group NV now owns 1,957 shares of the bank’s stock valued at $139,000 after acquiring an additional 812 shares during the period.
Finally, Xponance Inc. acquired a new stake in shares of Bank of Hawaii in the 4th quarter valued at $201,000. Institutional investors and hedge funds own 82.
18% of the company’s stock. Insider Buying and Selling at Bank of HawaiiIn other Bank of Hawaii news, CAO Patrick M. Mcguirk sold 2,000 shares of the stock in a transaction dated Friday, January 31st.
The stock was sold at an average price of $75.08, for a total value of $150,160.00.
Following the completion of the sale, the chief accounting officer now directly owns 9,173 shares in the company, valued at $688,708.84. This represents a 17.
90 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Taryn L.
Salmon sold 449 shares of the stock in a transaction that occurred on Thursday, January 30th. The stock was sold at an average price of $74.97, for a total value of $33,661.
53. Following the sale, the insider now directly owns 9,880 shares of the company’s stock, valued at approximately $740,703.60.
The trade was a 4.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here.
Insiders own 2.07% of the company’s stock. Analyst Upgrades and DowngradesSeveral brokerages recently issued reports on BOH.
DA Davidson lifted their price target on shares of Bank of Hawaii from $75.00 to $79.00 and gave the company a “neutral” rating in a report on Tuesday, January 28th.
Piper Sandler raised their price target on Bank of Hawaii from $66.00 to $68.00 and gave the company an “underweight” rating in a report on Tuesday, January 28th.
Finally, Barclays decreased their target price on Bank of Hawaii from $66.00 to $64.00 and set an “underweight” rating on the stock in a report on Tuesday, April 8th.
Three analysts have rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $72.67.
View Our Latest Research Report on BOHBank of Hawaii Stock Up 1.3 %NYSE BOH opened at $62.02 on Tuesday.
The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.71 and a current ratio of 0.
71. Bank of Hawaii Co. has a 52 week low of $54.
50 and a 52 week high of $82.70. The stock has a market capitalization of $2.
47 billion, a P/E ratio of 17.92 and a beta of 0.87.
The stock has a fifty day moving average of $68.75 and a 200-day moving average of $70.87.
Bank of Hawaii (NYSE:BOH – Get Free Report) last announced its quarterly earnings data on Monday, January 27th. The bank reported $0.85 earnings per share for the quarter, missing the consensus estimate of $0.
87 by ($0.02). Bank of Hawaii had a return on equity of 11.
81% and a net margin of 14.47%. On average, equities research analysts forecast that Bank of Hawaii Co.
will post 3.97 EPS for the current year. Bank of Hawaii Dividend AnnouncementThe firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th.
Investors of record on Friday, February 28th were issued a $0.70 dividend. The ex-dividend date of this dividend was Friday, February 28th.
This represents a $2.80 annualized dividend and a yield of 4.51%.
Bank of Hawaii’s dividend payout ratio is currently 80.92%. Bank of Hawaii Company Profile (Free Report)Bank of Hawaii Corporation operates as the bank holding company for Bank of Hawaii that provides various financial products and services in Hawaii, Guam, and other Pacific Islands.
It operates in three segments: Consumer Banking, Commercial Banking, and Treasury and Other. The Consumer Banking segment offers checking, savings, and time deposit accounts; residential mortgage loans, home equity lines of credit, automobile loans and leases, overdraft lines of credit, installment loans, small business loans and leases, and credit cards; private and international client banking, investment, credit, and trust services to individuals and families, as well as high-net-worth individuals; investment management; institutional investment advisory services to corporations, government entities, and foundations; and brokerage offerings, including equities, mutual funds, life insurance, and annuity products.Featured ArticlesFive stocks we like better than Bank of HawaiiBest Stocks Under $10.
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