US Bancorp DE Has $586,000 Stock Holdings in Bank of Hawaii Co. (NYSE:BOH)

US Bancorp DE boosted its stake in shares of Bank of Hawaii Co. (NYSE:BOHGet Rating) by 3.8% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 7,697 shares of the bank’s stock after purchasing an additional 281 shares during the period. US Bancorp DE’s holdings in Bank of Hawaii were worth $586,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Meeder Asset Management Inc. lifted its position in shares of Bank of Hawaii by 183.7% in the second quarter. Meeder Asset Management Inc. now owns 417 shares of the bank’s stock valued at $31,000 after buying an additional 270 shares during the last quarter. Pinebridge Investments L.P. lifted its position in shares of Bank of Hawaii by 488.0% in the second quarter. Pinebridge Investments L.P. now owns 588 shares of the bank’s stock valued at $44,000 after buying an additional 488 shares during the last quarter. Covestor Ltd lifted its position in shares of Bank of Hawaii by 72.4% in the first quarter. Covestor Ltd now owns 707 shares of the bank’s stock valued at $59,000 after buying an additional 297 shares during the last quarter. Point72 Hong Kong Ltd lifted its position in shares of Bank of Hawaii by 27.9% in the first quarter. Point72 Hong Kong Ltd now owns 710 shares of the bank’s stock valued at $60,000 after buying an additional 155 shares during the last quarter. Finally, Captrust Financial Advisors lifted its position in shares of Bank of Hawaii by 91.0% in the first quarter. Captrust Financial Advisors now owns 938 shares of the bank’s stock valued at $79,000 after buying an additional 447 shares during the last quarter. 74.29% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Bank of Hawaii news, CEO Peter S. Ho sold 5,500 shares of the firm’s stock in a transaction on Thursday, November 10th. The stock was sold at an average price of $79.30, for a total transaction of $436,150.00. Following the transaction, the chief executive officer now owns 233,681 shares in the company, valued at approximately $18,530,903.30. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Corporate insiders own 2.06% of the company’s stock.

Bank of Hawaii Price Performance

Shares of NYSE BOH opened at $78.52 on Friday. The firm has a market cap of $3.14 billion, a P/E ratio of 14.20, a price-to-earnings-growth ratio of 1.81 and a beta of 1.01. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 0.01. Bank of Hawaii Co. has a 1-year low of $70.15 and a 1-year high of $89.44. The business’s 50 day moving average is $78.62 and its 200-day moving average is $78.23.

Bank of Hawaii (NYSE:BOHGet Rating) last posted its quarterly earnings data on Monday, October 24th. The bank reported $1.28 EPS for the quarter, missing analysts’ consensus estimates of $1.43 by ($0.15). Bank of Hawaii had a return on equity of 18.37% and a net margin of 31.88%. The company had revenue of $172.32 million for the quarter, compared to the consensus estimate of $183.20 million. During the same quarter last year, the business earned $1.52 EPS. Equities research analysts predict that Bank of Hawaii Co. will post 5.62 earnings per share for the current year.

Bank of Hawaii Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 14th. Shareholders of record on Wednesday, November 30th were paid a dividend of $0.70 per share. The ex-dividend date of this dividend was Tuesday, November 29th. This represents a $2.80 dividend on an annualized basis and a yield of 3.57%. Bank of Hawaii’s dividend payout ratio (DPR) is presently 50.63%.

Analysts Set New Price Targets

A number of research firms have recently issued reports on BOH. Compass Point cut their price objective on Bank of Hawaii to $86.00 in a research report on Thursday, October 27th. StockNews.com lowered Bank of Hawaii from a “hold” rating to a “sell” rating in a research note on Tuesday, December 6th. Finally, DA Davidson lowered their target price on Bank of Hawaii from $80.00 to $76.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 25th.

About Bank of Hawaii

(Get Rating)

Bank of Hawaii Corp. operates as a bank holding company, which engages in the provision of financial services. It operates through the following segments: Retail Banking, Commercial Banking, Investment Services and Private Banking, and Treasury and Other. The Retail Banking segment offers financial products and services to consumers and small businesses.

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Institutional Ownership by Quarter for Bank of Hawaii (NYSE:BOH)

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