Bank of Hawaii Co. (NYSE:BOH – Get Free Report) CAO Patrick M. Mcguirk sold 2,000 shares of the business’s stock in a transaction that occurred on Friday, January 31st. The stock was sold at an average price of $75.08, for a total value of $150,160.00. Following the sale, the chief accounting officer now owns 9,173 shares of the company’s stock, valued at approximately $688,708.84. The trade was a 17.90 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Bank of Hawaii Stock Performance
Shares of NYSE BOH traded down $1.21 during trading on Monday, reaching $73.30. The stock had a trading volume of 288,341 shares, compared to its average volume of 438,702. The firm’s 50 day moving average price is $73.08 and its two-hundred day moving average price is $69.55. Bank of Hawaii Co. has a one year low of $54.50 and a one year high of $82.70. The stock has a market cap of $2.91 billion, a PE ratio of 21.19 and a beta of 1.04. 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 issued 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 net margin of 14.47% and a return on equity of 11.81%. On average, research analysts forecast that Bank of Hawaii Co. will post 3.87 earnings per share for the current fiscal year.
Bank of Hawaii Dividend Announcement
Analyst Ratings Changes
BOH has been the subject of several research analyst reports. Stephens initiated coverage on shares of Bank of Hawaii in a report on Wednesday, November 27th. They issued an “overweight” rating and a $90.00 target price for the company. Piper Sandler upped their price objective on shares of Bank of Hawaii from $66.00 to $68.00 and gave the company an “underweight” rating in a research note on Tuesday, January 28th. Keefe, Bruyette & Woods boosted their target price on Bank of Hawaii from $74.00 to $81.00 and gave the company a “market perform” rating in a report on Wednesday, December 4th. DA Davidson lifted their price target on Bank of Hawaii from $75.00 to $79.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 28th. Finally, Barclays raised their target price on shares of Bank of Hawaii from $56.00 to $66.00 and gave the stock an “underweight” rating in a research report on Thursday, December 5th. Three equities research analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $73.00.
Get Our Latest Stock Analysis on BOH
Institutional Trading of Bank of Hawaii
A number of institutional investors have recently made changes to their positions in the stock. Handelsbanken Fonder AB raised its stake in shares of Bank of Hawaii by 19.9% in the 4th quarter. Handelsbanken Fonder AB now owns 9,037 shares of the bank’s stock worth $644,000 after buying an additional 1,500 shares in the last quarter. Wealth Alliance bought a new position in shares of Bank of Hawaii during the 4th quarter valued at about $222,000. Principal Financial Group Inc. raised its holdings in shares of Bank of Hawaii by 2.9% in the 4th quarter. Principal Financial Group Inc. now owns 192,718 shares of the bank’s stock worth $13,729,000 after purchasing an additional 5,451 shares in the last quarter. Monument Capital Management acquired a new stake in Bank of Hawaii during the fourth quarter valued at approximately $270,000. Finally, Congress Asset Management Co. grew its position in Bank of Hawaii by 108.6% in the fourth quarter. Congress Asset Management Co. now owns 127,500 shares of the bank’s stock worth $9,083,000 after buying an additional 66,366 shares during the last quarter. 82.18% of the stock is owned by institutional investors and hedge funds.
Bank of Hawaii Company Profile
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.
Read More
- Five stocks we like better than Bank of Hawaii
- How Technical Indicators Can Help You Find Oversold Stocks
- How to Invest in Small Cap Stocks
- What Investors Need to Know to Beat the Market
- These Are the Dividend Stocks Insiders Bought in January
- What is a Dividend King?
- How the ‘No Buy’ Trend of 2025 Is Boosting These 3 Stocks
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.