Bank of Hawaii Co. (NYSE:BOH – Get Rating) Chief Financial Officer Dean Y. Shigemura acquired 500 shares of the company in a transaction dated Wednesday, April 27. The shares were acquired at an average cost of $20.25 per share, with a total value of $10,125.00. Following the purchase, the CFO now directly owns 500 shares of the company, valued at approximately $10,125. The transaction was disclosed in a document filed with the Securities & Exchange Commission, accessible via this link.
NYSE: BOH was down $1.06 at midday Friday, hitting $75.60. 3,851 shares of the stock trade in hands, compared to its average volume of 184,727. The company has a fifty-day moving average of $82.44 and a 200-day moving average of $84.62. Bank of Hawaii Co. has a 12-month low of $75.68 and a 12-month high of $95.95. The company has a debt ratio of 0.01, a quick ratio of 0.61 and a current ratio of 0.61. The stock has a market capitalization of $3.05 billion, a P/E ratio of 12.27, a PEG ratio of 1.84 and a beta of 1.15.
Bank of Hawaii (NYSE:BOH – Get Rating) last released its quarterly results on Monday, April 25. The bank reported EPS of $1.32 for the quarter, beating the Zacks consensus estimate of $1.19 by $0.13. Bank of Hawaii had a net margin of 36.30% and a return on equity of 18.06%. In the same quarter last year, the company posted earnings per share of $1.50. On average, analysts predict Bank of Hawaii Co. will post 5.47 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 14. Investors of record on Tuesday, May 31 will receive a dividend of $0.70 per share. The ex-dividend date is Friday, May 27. This represents a dividend of $2.80 on an annualized basis and a yield of 3.70%. Bank of Hawaii’s dividend payout ratio is currently 44.80%.
A number of large investors have recently bought and sold shares of BOH. BlackRock Inc. increased its stake in Bank of Hawaii by 0.4% in the fourth quarter. BlackRock Inc. now owns 3,801,808 shares of the bank worth $318,438,000 after buying an additional 14,992 shares last quarter. Kayne Anderson Rudnick Investment Management LLC increased its holdings in Bank of Hawaii by 0.6% in the fourth quarter. Kayne Anderson Rudnick Investment Management LLC now owns 2,712,951 shares of the bank worth $227,238,000 after buying 15,600 additional shares last quarter. Victory Capital Management Inc. increased its holdings in Bank of Hawaii by 0.4% in the fourth quarter. Victory Capital Management Inc. now owns 1,488,288 shares of the bank worth $124,659,000 after purchasing an additional 6,540 shares last quarter. Dimensional Fund Advisors LP increased its holdings in Bank of Hawaii by 4.3% in the third quarter. Dimensional Fund Advisors LP now owns 896,430 shares of the bank worth $73,664,000 after buying 36,622 additional shares in the last quarter. Finally, Fuller & Thaler Asset Management Inc. increased its stake in Bank of Hawaii by 3.1% in the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 807,915 shares of the bank worth $67,671,000 after purchasing an additional 24,285 shares last quarter. Institutional investors hold 71.61% of the company’s shares.
Separately, StockNews.com began covering Bank of Hawaii stocks in a research note on Thursday, March 31. They issued a “hold” rating for the company.
Bank of Hawaii Corporate Profile (Get an assessment)
Bank of Hawaii Corporation operates as a bank holding company for Bank of Hawaii which 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 Others. The Consumer Banking segment offers checking, savings and term deposit accounts; residential mortgages, home equity lines of credit, auto loans and leases, personal lines of credit, installment loans, small business loans and leases, and credit cards; banking, investment, credit and trust services to private and international clients to individuals and families, and high net worth individuals; investment management; institutional investment advisory services to corporations, government entities and foundations; and brokerage offerings, including stocks, mutual funds, life insurance and annuity products.
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