Bank of Hawaii Corporation (NYSE:BOH) insider Donna A. Tanoue sold 4,050 shares of the company’s stock in a transaction that occurred on Monday, September 11th. The stock was sold at an average price of $76.15, for a total value of $308,407.50. Following the transaction, the insider now directly owns 9,969 shares in the company, valued at $759,139.35. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

Bank of Hawaii Corporation (NYSE:BOH) opened at 77.87 on Friday. The firm has a market capitalization of $3.32 billion, a P/E ratio of 18.20 and a beta of 0.96. The company’s 50-day moving average price is $80.04 and its 200-day moving average price is $81.18. Bank of Hawaii Corporation has a 1-year low of $70.12 and a 1-year high of $90.80.

Bank of Hawaii Corporation (NYSE:BOH) last posted its quarterly earnings data on Monday, July 24th. The bank reported $1.05 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.03 by $0.02. The business had revenue of $157.52 million for the quarter, compared to analysts’ expectations of $157.76 million. Bank of Hawaii Corporation had a return on equity of 15.45% and a net margin of 27.28%. During the same period in the previous year, the firm posted $1.03 EPS. Equities research analysts expect that Bank of Hawaii Corporation will post $4.43 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Thursday, August 31st will be given a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a yield of 2.67%. This is a boost from Bank of Hawaii Corporation’s previous quarterly dividend of $0.50. The ex-dividend date of this dividend is Tuesday, August 29th. Bank of Hawaii Corporation’s payout ratio is presently 48.48%.

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A number of research analysts recently weighed in on the company. Zacks Investment Research downgraded Bank of Hawaii Corporation from a “buy” rating to a “hold” rating in a research note on Friday, June 9th. BidaskClub downgraded Bank of Hawaii Corporation from a “hold” rating to a “sell” rating in a research note on Thursday, July 13th. Barclays PLC reaffirmed an “equal weight” rating and set a $83.00 price target (up from $81.00) on shares of Bank of Hawaii Corporation in a research note on Wednesday, July 12th. Finally, Morgan Stanley upped their price target on Bank of Hawaii Corporation from $74.00 to $75.00 and gave the stock an “underweight” rating in a research note on Tuesday, June 6th. Two investment analysts have rated the stock with a sell rating and four have given a hold rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $86.40.

A number of institutional investors have recently bought and sold shares of the business. Crestwood Advisors Group LLC boosted its position in Bank of Hawaii Corporation by 0.6% during the 2nd quarter. Crestwood Advisors Group LLC now owns 2,483 shares of the bank’s stock valued at $206,000 after acquiring an additional 14 shares in the last quarter. Alps Advisors Inc. boosted its position in Bank of Hawaii Corporation by 0.3% during the 2nd quarter. Alps Advisors Inc. now owns 5,667 shares of the bank’s stock valued at $470,000 after acquiring an additional 15 shares in the last quarter. World Asset Management Inc boosted its position in Bank of Hawaii Corporation by 0.7% during the 1st quarter. World Asset Management Inc now owns 2,624 shares of the bank’s stock valued at $216,000 after acquiring an additional 18 shares in the last quarter. Northwestern Mutual Investment Management Company LLC boosted its position in Bank of Hawaii Corporation by 1.2% during the 2nd quarter. Northwestern Mutual Investment Management Company LLC now owns 7,436 shares of the bank’s stock valued at $512,000 after acquiring an additional 87 shares in the last quarter. Finally, State Treasurer State of Michigan boosted its position in Bank of Hawaii Corporation by 0.6% during the 1st quarter. State Treasurer State of Michigan now owns 17,290 shares of the bank’s stock valued at $1,424,000 after acquiring an additional 100 shares in the last quarter. 75.66% of the stock is currently owned by institutional investors and hedge funds.

Bank of Hawaii Corporation Company Profile

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.

Insider Buying and Selling by Quarter for Bank of Hawaii Corporation (NYSE:BOH)

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