2 weeks Ago By ABMN Staff
Bank of Montreal Can raised its stake in shares of Bank of Hawaii Co. ( NYSE:BOH – Free Report ) by 5.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC).
The fund owned 4,592 shares of the bank’s stock after purchasing an additional 254 shares during the quarter. Bank of Montreal Can’s holdings in Bank of Hawaii were worth $327,000 as of its most recent filing with the Securities and Exchange Commission (SEC). A number of other large investors also recently added to or reduced their stakes in BOH.
Perigon Wealth Management LLC raised its stake in Bank of Hawaii by 0.9% in the fourth quarter. Perigon Wealth Management LLC now owns 16,474 shares of the bank’s stock worth $1,168,000 after buying an additional 154 shares in the last quarter.
Illinois Municipal Retirement Fund increased its stake in shares of Bank of Hawaii by 1.5% in the 4th quarter. Illinois Municipal Retirement Fund now owns 22,060 shares of the bank’s stock worth $1,572,000 after purchasing an additional 324 shares in the last quarter.
Cadinha & Co. LLC raised its position in shares of Bank of Hawaii by 12.2% during the 4th quarter.
Cadinha & Co. LLC now owns 3,893 shares of the bank’s stock valued at $277,000 after purchasing an additional 423 shares during the period. Swiss National Bank grew its holdings in Bank of Hawaii by 0.
8% during the 4th quarter. Swiss National Bank now owns 78,137 shares of the bank’s stock valued at $5,566,000 after buying an additional 600 shares in the last quarter. Finally, Corient Private Wealth LLC boosted its holdings in shares of Bank of Hawaii by 2.
7% during the 4th quarter. Corient Private Wealth LLC now owns 25,175 shares of the bank’s stock valued at $1,793,000 after purchasing an additional 663 shares during the last quarter. Hedge funds and other institutional investors own 82.
18% of the company’s stock. Wall Street Analyst Weigh In Several research analysts recently commented on BOH shares. Piper Sandler lifted their price target on Bank of Hawaii from $66.
00 to $68.00 and gave the stock an “underweight” rating in a research report on Tuesday, January 28th. Barclays increased their target price on Bank of Hawaii from $64.
00 to $67.00 and gave the company an “underweight” rating in a research report on Tuesday. Finally, DA Davidson boosted their target price on Bank of Hawaii from $75.
00 to $79.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 28th. Three investment analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company.
Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $73.17.
Bank of Hawaii Stock Down 0.5 % BOH opened at $66.50 on Thursday.
The stock has a market capitalization of $2.65 billion, a price-to-earnings ratio of 19.22 and a beta of 0.
87. Bank of Hawaii Co. has a fifty-two week low of $54.
50 and a fifty-two week high of $82.70. The company has a fifty day moving average of $67.
51 and a two-hundred day moving average of $70.88. 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 ( NYSE:BOH – Get Free Report ) last posted its quarterly earnings results on Monday, April 21st. The bank reported $0.97 earnings per share for the quarter, topping analysts’ consensus estimates of $0.
89 by $0.08. Bank of Hawaii had a net margin of 14.
47% and a return on equity of 11.81%. The firm had revenue of $169.
87 million for the quarter, compared to analyst estimates of $168.65 million. During the same period in the previous year, the business posted $0.
87 earnings per share. On average, research analysts expect that Bank of Hawaii Co. will post 3.
97 earnings per share for the current year. Bank of Hawaii Announces Dividend The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Stockholders of record on Friday, May 30th will be issued a $0.
70 dividend. The ex-dividend date is Friday, May 30th. This represents a $2.
80 annualized dividend and a dividend yield of 4.21%. Bank of Hawaii’s dividend payout ratio is currently 80.
92%. Insider Buying and Selling In related news, CAO Patrick M. Mcguirk sold 2,000 shares of the company’s stock in a transaction that occurred on Friday, January 31st.
The shares were sold at an average price of $75.08, for a total transaction of $150,160.00.
Following the sale, the chief accounting officer now directly owns 9,173 shares in the company, valued at approximately $688,708.84. This represents a 17.
90 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website . Also, insider Taryn L.
Salmon sold 449 shares of the stock in a transaction on Thursday, January 30th. The shares were sold at an average price of $74.97, for a total value of $33,661.
53. Following the completion of the transaction, the insider now directly owns 9,880 shares in the company, valued at $740,703.60.
This trade represents a 4.35 % decrease in their position. The disclosure for this sale can be found here .
2.07% of the stock is owned by corporate insiders. Bank of Hawaii 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 Articles Want to see what other hedge funds are holding BOH? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Bank of Hawaii Co. ( NYSE:BOH – Free Report ). Receive News & Ratings for Bank of Hawaii Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bank of Hawaii and related companies with MarketBeat.
com's FREE daily email newsletter ..
