December 1, 2016 - By Linda Rogers · 0 Comments
Bank Of Hawaii Corp (NYSE:BOH) institutional sentiment decreased to 1.07 in Q2 2016. Its down -0.04, from 1.11 in 2016Q1. The ratio worsened, as 107 institutional investors opened new and increased equity positions, while 96 trimmed and sold stock positions in Bank Of Hawaii Corp. The institutional investors in our partner’s database now hold: 31.27 million shares, down from 32.74 million shares in 2016Q1. Also, the number of institutional investors holding Bank Of Hawaii Corp in their top 10 equity positions increased from 0 to 1 for an increase of 1. Sold All: 11 Reduced: 85 Increased: 83 New Position: 24.
Bank of Hawaii Corporation is a bank holding firm that operates through its subsidiary, Bank of Hawaii . The company has a market cap of $3.56 billion. The Bank provides a range of financial services and products primarily to clients in Hawaii, Guam and other Pacific Islands. It has a 19.84 P/E ratio. The Firm operates through four business divisions: Retail Banking, Commercial Banking, Investment Services, and Treasury and Other.
The stock increased 0.30% or $0.25 during the last trading session, hitting $83.37. Bank of Hawaii Corporation (NYSE:BOH) has risen 21.39% since April 28, 2016 and is uptrending. It has outperformed by 15.46% the S&P500.
Analysts await Bank of Hawaii Corporation (NYSE:BOH) to report earnings on January, 23. They expect $1.01 earnings per share, up 2.02% or $0.02 from last year’s $0.99 per share. BOH’s profit will be $43.13 million for 20.64 P/E if the $1.01 EPS becomes a reality. After $1.02 actual earnings per share reported by Bank of Hawaii Corporation for the previous quarter, Wall Street now forecasts -0.98% negative EPS growth.
According to Zacks Investment Research, “Bank of Hawaii Corporation is a regional financial services company serving businesses, consumers and governments in Hawaii, American Samoa and the West Pacific. The Company’s principal subsidiary, Bank of Hawaii, was founded in 1897 and is the largest independent financial institution in Hawaii.”
First Hawaiian Bank holds 2.93% of its portfolio in Bank of Hawaii Corporation for 246,093 shares. Marble Harbor Investment Counsel Llc owns 111,285 shares or 1.9% of their US portfolio. Moreover, Country Club Trust Company N.A. has 1.54% invested in the company for 154,406 shares. The New York-based Fieldpoint Private Advisors Inc has invested 1.34% in the stock. Payden & Rygel, a California-based fund reported 142,900 shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 0 buys, and 1 sale for $262,270 net activity.
Ratings analysis reveals 0 of Bank of Hawaii’s analysts are positive. Out of 8 Wall Street analysts rating Bank of Hawaii, 0 give it “Buy”, 0 “Sell” rating, while 8 recommend “Hold”. The lowest target is $61 while the high is $73. The stock’s average target of $66.13 is -20.68% below today’s ($83.37) share price. BOH was included in 11 notes of analysts from July 29, 2015. The firm has “Neutral” rating given on Friday, July 8 by Piper Jaffray. The firm has “Equal Weight” rating given on Tuesday, October 25 by Barclays Capital. Macquarie Research maintained the shares of BOH in a report on Tuesday, April 26 with “Neutral” rating. The firm has “Neutral” rating by Compass Point given on Thursday, August 11. On Tuesday, January 26 the stock rating was maintained by RBC Capital Markets with “Sector Perform”.
Bank of Hawaii Corporation, incorporated on February 4, 1998, is a bank holding firm that operates through its subsidiary, Bank of Hawaii (the Bank). The Bank provides a range of financial services and products primarily to clients in Hawaii, Guam and other Pacific Islands. The Firm operates through four business divisions: Retail Banking, Commercial Banking, Investment Services, and Treasury and Other. The Bank’s subsidiaries include Bank of Hawaii Leasing, Inc., Bankoh Investment Services, Inc. and Pacific Century Life Insurance Corporation. The Bank’s subsidiaries are engaged in equipment leasing, securities brokerage, investment services, and providing credit insurance. The Company’s total deposits include approximately $13.5 billion. The Company’s total carrying value of investment securities portfolio is approximately $6.2 billion. The Company’s total loans amount to approximately $7.9 billion.
More news for Bank of Hawaii Corporation (NYSE:BOH) were recently published by: Nasdaq.com, which released: “Bank of Hawaii Corporation (BOH) Ex-Dividend Date Scheduled for November 28, 2016” on November 25, 2016. Businesswire.com‘s article titled: “Bank of Hawaii Corporation to Present at the 2016 Bank of America Merrill …” and published on November 09, 2016 is yet another important article.
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By Linda Rogers