Tudor Investment Corp ET AL Boosts Holdings in Bank of Hawaii Corporation $BOH

Tudor Investment Corp ET AL lifted its stake in Bank of Hawaii Corporation (NYSE:BOH) by 33.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 105,845 shares of the bank’s stock after purchasing an additional 26,634 shares during the quarter. Tudor Investment Corp ET AL’s holdings in Bank of Hawaii were worth $6,948,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of BOH. Farther Finance Advisors LLC raised its position in shares of Bank of Hawaii by 150.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 450 shares of the bank’s stock worth $30,000 after purchasing an additional 270 shares during the last quarter. Quarry LP raised its position in shares of Bank of Hawaii by 1,497.2% in the 3rd quarter. Quarry LP now owns 575 shares of the bank’s stock worth $38,000 after purchasing an additional 539 shares during the last quarter. Strs Ohio purchased a new position in shares of Bank of Hawaii in the 1st quarter worth about $41,000. EverSource Wealth Advisors LLC raised its position in shares of Bank of Hawaii by 461.3% in 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 during the last quarter. Finally, State of Wyoming raised its position in shares of Bank of Hawaii by 8,220.0% in the 2nd quarter. State of Wyoming now owns 832 shares of the bank’s stock worth $56,000 after purchasing an additional 822 shares during the last quarter. Hedge funds and other institutional investors own 82.18% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on BOH. Weiss Ratings raised Bank of Hawaii from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, March 30th. Barclays lifted their price target on Bank of Hawaii from $83.00 to $86.00 and gave the stock an “equal weight” rating in a research report on Tuesday. Zacks Research lowered Bank of Hawaii from a “strong-buy” rating to a “hold” rating in a research report on Monday. DA Davidson boosted their target price on Bank of Hawaii from $73.00 to $81.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 27th. Finally, Stephens reissued an “overweight” rating on shares of Bank of Hawaii in a research report on Tuesday, January 27th. Three equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, Bank of Hawaii currently has an average rating of “Hold” and a consensus price target of $83.80.

Bank of Hawaii Trading Up 0.3%

Bank of Hawaii stock opened at $76.43 on Wednesday. The business has a 50-day simple moving average of $75.67 and a two-hundred day simple moving average of $70.07. The company has a market cap of $3.04 billion, a P/E ratio of 16.54, a P/E/G ratio of 0.76 and a beta of 0.72. Bank of Hawaii Corporation has a 52-week low of $57.44 and a 52-week high of $80.61. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.37.

Bank of Hawaii (NYSE:BOH) last released its quarterly earnings results on Monday, January 26th. The bank reported $1.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.25 by $0.14. The business had revenue of $189.65 million during the quarter, compared to the consensus estimate of $184.83 million. Bank of Hawaii had a return on equity of 14.42% and a net margin of 19.30%.During the same period in the previous year, the company posted $0.85 EPS. Analysts predict that Bank of Hawaii Corporation will post 3.97 EPS for the current year.

Bank of Hawaii Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Investors of record on Friday, February 27th were paid a dividend of $0.70 per share. The ex-dividend date was Friday, February 27th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 3.7%. Bank of Hawaii’s payout ratio is 60.61%.

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.