Morgan Stanley raised its position in shares of Bank of Hawaii Corporation (NYSE:BOH) by 23.6% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 184,421 shares of the bank’s stock after buying an additional 35,258 shares during the period. Morgan Stanley’s holdings in Bank of Hawaii Corporation were worth $15,188,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the stock. Bank of Montreal Can increased its stake in Bank of Hawaii Corporation by 1.2% in the first quarter. Bank of Montreal Can now owns 26,897 shares of the bank’s stock worth $2,216,000 after buying an additional 316 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in Bank of Hawaii Corporation by 2.8% in the first quarter. Envestnet Asset Management Inc. now owns 6,198 shares of the bank’s stock worth $511,000 after buying an additional 166 shares during the last quarter. Teachers Advisors LLC increased its stake in Bank of Hawaii Corporation by 4.4% in the fourth quarter. Teachers Advisors LLC now owns 59,252 shares of the bank’s stock worth $5,255,000 after buying an additional 2,489 shares during the last quarter. Norges Bank acquired a new stake in Bank of Hawaii Corporation during the fourth quarter worth $33,198,000. Finally, First Quadrant L P CA increased its stake in Bank of Hawaii Corporation by 67,556.2% in the first quarter. First Quadrant L P CA now owns 49,389 shares of the bank’s stock worth $4,068,000 after buying an additional 49,316 shares during the last quarter. Institutional investors own 77.81% of the company’s stock.

Bank of Hawaii Corporation (BOH) opened at 81.86 on Tuesday. The firm’s 50-day moving average is $80.16 and its 200 day moving average is $83.40. Bank of Hawaii Corporation has a 12 month low of $66.38 and a 12 month high of $90.80. The firm has a market capitalization of $3.50 billion, a P/E ratio of 19.18 and a beta of 0.95.

Bank of Hawaii Corporation (NYSE:BOH) last announced its quarterly earnings results on Monday, April 24th. The bank reported $1.20 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.08 by $0.12. Bank of Hawaii Corporation had a net margin of 27.57% and a return on equity of 15.61%. The firm had revenue of $165.79 million during the quarter, compared to the consensus estimate of $159.45 million. During the same period last year, the firm earned $1.16 EPS. On average, analysts expect that Bank of Hawaii Corporation will post $4.36 EPS for the current fiscal year.

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A number of equities research analysts have recently weighed in on BOH shares. Zacks Investment Research upgraded shares of Bank of Hawaii Corporation from a “sell” rating to a “hold” rating in a research report on Monday, July 3rd. BidaskClub upgraded shares of Bank of Hawaii Corporation from a “sell” rating to a “hold” rating in a research report on Thursday, June 29th. Finally, Morgan Stanley lifted their price target on shares of Bank of Hawaii Corporation from $74.00 to $75.00 and gave the company an “underweight” rating in a research report on Tuesday, June 6th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the stock. Bank of Hawaii Corporation presently has a consensus rating of “Hold” and an average target price of $78.43.

In other Bank of Hawaii Corporation news, CEO Peter S. Ho sold 10,000 shares of the firm’s stock in a transaction on Monday, May 1st. The shares were sold at an average price of $82.42, for a total value of $824,200.00. Following the completion of the transaction, the chief executive officer now directly owns 183,386 shares of the company’s stock, valued at approximately $15,114,674.12. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Peter S. Ho sold 15,000 shares of the firm’s stock in a transaction on Thursday, May 4th. The shares were sold at an average price of $82.17, for a total transaction of $1,232,550.00. Following the completion of the transaction, the chief executive officer now directly owns 173,386 shares of the company’s stock, valued at $14,247,127.62. The disclosure for this sale can be found here. Over the last three months, insiders sold 28,000 shares of company stock valued at $2,306,590. Insiders own 2.16% of the company’s stock.

About Bank of Hawaii Corporation

Bank of Hawaii Corporation is a bank holding company that operates through its subsidiary, Bank of Hawaii (the Bank). The Bank provides a range of financial products and services primarily to customers in Hawaii, Guam and other Pacific Islands. It operates in four segments: Retail Banking, Commercial Banking, Investment Services, and Treasury and Other.

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

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