15,478 Shares in Bank of Hawaii Corporation $BOH Purchased by WINTON GROUP Ltd

WINTON GROUP Ltd acquired a new position in shares of Bank of Hawaii Corporation (NYSE:BOH) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 15,478 shares of the bank’s stock, valued at approximately $1,058,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in BOH. Danske Bank A S purchased a new stake in Bank of Hawaii during the 4th quarter worth about $27,000. Quarry LP increased its position in Bank of Hawaii by 1,497.2% during the 3rd quarter. Quarry LP now owns 575 shares of the bank’s stock worth $38,000 after purchasing an additional 539 shares in the last quarter. Strs Ohio purchased a new stake in Bank of Hawaii during the 1st quarter worth about $41,000. EverSource Wealth Advisors LLC increased its position in Bank of Hawaii by 461.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 623 shares of the bank’s stock worth $42,000 after purchasing an additional 512 shares in the last quarter. Finally, Farther Finance Advisors LLC increased its position in Bank of Hawaii by 63.6% during the 4th quarter. Farther Finance Advisors LLC now owns 736 shares of the bank’s stock worth $50,000 after purchasing an additional 286 shares in the last quarter. Hedge funds and other institutional investors own 82.18% of the company’s stock.

Bank of Hawaii Stock Up 1.5%

Shares of NYSE:BOH opened at $77.90 on Wednesday. The stock’s 50-day moving average price is $77.48 and its two-hundred day moving average price is $74.14. The company has a current ratio of 0.69, a quick ratio of 0.69 and a debt-to-equity ratio of 0.37. Bank of Hawaii Corporation has a 12-month low of $59.36 and a 12-month high of $82.74. The firm has a market cap of $3.09 billion, a price-to-earnings ratio of 15.74, a PEG ratio of 0.80 and a beta of 0.71.

Bank of Hawaii (NYSE:BOH) last issued its quarterly earnings results on Monday, April 20th. The bank reported $1.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.33 by ($0.03). Bank of Hawaii had a return on equity of 14.97% and a net margin of 20.46%.The business had revenue of $192.32 million during the quarter, compared to analyst estimates of $193.53 million. During the same period in the previous year, the business posted $0.97 earnings per share. On average, research analysts forecast that Bank of Hawaii Corporation will post 5.91 EPS for the current year.

Bank of Hawaii Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 12th. Shareholders of record on Friday, May 29th will be paid a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date of this dividend is Friday, May 29th. Bank of Hawaii’s dividend payout ratio (DPR) is presently 56.57%.

Analysts Set New Price Targets

BOH has been the subject of a number of recent research reports. Keefe, Bruyette & Woods lifted their price objective on Bank of Hawaii from $91.00 to $95.00 and gave the stock an “outperform” rating in a research report on Tuesday, April 21st. Piper Sandler dropped their price objective on Bank of Hawaii from $84.00 to $78.00 and set a “neutral” rating for the company in a research report on Thursday, April 2nd. Wall Street Zen cut Bank of Hawaii from a “hold” rating to a “sell” rating in a research report on Saturday, April 25th. Zacks Research cut Bank of Hawaii from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. Finally, Barclays raised their price target on Bank of Hawaii from $83.00 to $86.00 and gave the stock an “equal weight” rating in a research note on Tuesday, April 7th. Three investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $85.40.

Bank of Hawaii Company Profile

Bank of Hawaii (NYSE: BOH) is a regional commercial bank headquartered in Honolulu, Hawaii, with roots tracing back to its founding in 1897 by Charles Montague Cooke and Peter Cushman Jones. As one of the oldest financial institutions in the U.S. West Coast region, the bank has built a reputation for stability and community focus. It operates as the principal subsidiary of Bank of Hawaii Corporation, a publicly traded company on the New York Stock Exchange.

The bank offers a comprehensive suite of personal and business banking products and services.