According to the latest Form 13F filed by the Securities and Exchange Commission, (SEC), the fund owned 37,953 shares of the bank's stock after buying an additional 7,125 shares during the period. The fund now owns 37,953 of the bank's shares after purchasing an additional 7,125 during the period. North Star Investment Management Corp. held about 0.10% of Bank of Hawaii, worth $1.977,000 at the time of its latest SEC filing.
Other institutional investors and hedge fund managers have also changed their BOH holdings. Eagle Bay Advisors LLC increased their stake in Bank of Hawaii shares by 5,563.6% over the first quarter. Eagle Bay Advisors LLC owns 623 of the bank’s shares valued at $32,000, after purchasing an additional 612 during the previous quarter. Bessemer Group Inc. increased their position in Bank of Hawaii during the fourth quarter by 160.9%. Bessemer Group Inc. owns 647 of the bank’s shares worth $50,000, after buying an additional 399 during the last quarter. Allspring Global Investments Holdings LLC acquired a new Bank of Hawaii position during the first three months of this year, worth about $51,000. Ronald Blue Trust Inc. increased its holdings of shares of Bank of Hawaii in the fourth quarter by 128.9%. Ronald Blue Trust Inc. owns 698 of the bank’s shares valued at $53,000, after buying an additional 393 during the last quarter. Covestor Ltd increased its holdings in Bank of Hawaii shares by 72.4% over the first quarter. Covestor Ltd owns 707 of the bank’s shares valued at $59,000, after purchasing an additional 297 during the period. In a research report published on May 31st, a note by a company called Bank of Hawaii a "sell". Keefe, Bruyette & Woods lowered their price target for shares of Bank of Hawaii in a report published on Thursday, 6th April from $83,00 to $60.00. They also set a market perform' rating. In a report published on Tuesday, 4th April, TheStreet downgraded shares of Bank of Hawaii to a "c+" rating from a "b-". Odeon Capital Group started coverage on Bank of Hawaii shares in a report published on Wednesday, 6th June. The stock was given a rating of'sell' and a target price of $31.00. In a report published on Monday, 20th March, DA Davidson lowered its price target for Bank of Hawaii, from $76.00 down to $55.00. Three analysts gave the stock a hold rating, while two investment analysts assigned the stock a sell recommendation. MarketBeat.com data shows that Bank of Hawaii has a current average rating of "Hold" and a consensus target price of $54.25.
Insider transactions at Bank of Hawaii
Robert W. Wo, Jr., Director of Bank of Hawaii, purchased 6,500 shares of the company's stock on Thursday, 1st June. The shares were purchased at an average of $39.85 for each share with a value of $259 025.00. After the completion of this transaction, the director owns 42 539 shares of stock in the company, valued at $1,695,179.15. Other news, Robert W. Wo, Jr. bought 6,500 shares in the company on Thursday, 1st June. The shares were purchased at an average price of $39.85 each, for a total of $259 025.00. The director now holds 42,539 company shares, worth approximately $1,695,179.15. On Friday, 12th May, 1,000 shares of stock were purchased. Stock was purchased at an average price of $32.29 a share with a value of $32,290.00. After the acquisition, the Director now owns 5,500 of the Company's shares, valued at $177.595. Insiders have purchased 11,700 shares worth $492,495 in the past 90 days. Insiders hold 2.11% the company's shares.
Bank of Hawaii Trading down 0.2 %
Bank of Hawaii Co.'s low for the past year was $30.83, and its high was $85.45. The company's debt-to equity ratio is 0.43. It has a quick ratio (0.66) and a current rate of 0.66. The company's 50-day moving average is 42.08, and its 200-day moving average is 57.04.
The last time the bank announced its results was on April 24th. The bank's earnings per share for the first quarter were $1.14, which was below analysts' expectations of $1.23. Bank of Hawaii's net margin was 26.90%, and its return on equity was 19.01%. Revenue for the quarter was $229.07 millions, which is higher than analyst expectations of $177.67. In the same quarter of the previous year the company had earned $1.32 per share. Sell-side analysts expect Bank of Hawaii Co. to post 4,13 earnings per share in the current fiscal.
Bank of Hawaii Announces Dividend
A quarterly dividend was also paid by the company on June 14th. Dividends of $0.70 were paid to shareholders who had their shares registered on May 31st. This is a 2.80 dollar annualized dividend with a 5.94% yield. This dividend became payable on Tuesday, May 30, 2018. Bank of Hawaii has a dividend payout ratio of 52.83%.
Bank of Hawaii Profile
Bank of Hawaii Corporation is the holding company of Bank of Hawaii. It provides a variety of financial products and services to Hawaii, Guam and other Pacific Islands. It is divided into three segments: Consumer Banking and Commercial Banking. Treasury and Other. The Consumer Banking segment provides checking, savings and time deposit account; residential mortgages, home equity loans, automobile loans and leasing, personal lines, installment loans, small businesses loans and leasings, as well as credit cards. It also offers private and international client banking services, investment, trust, and credit services for individuals, families and high-net worth individuals, as well investment management, institutional investment advisory services, corporations, governments, foundations and mutual funds.
Get the latest Bank of Hawaii Co. 13F filings, insider tradings and other information.
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