Creative Planning maintained its stake in Bank of Hawaii Corporation (NYSE:BOH) during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 1,628 shares of the bank’s stock at the end of the second quarter. Creative Planning’s holdings in Bank of Hawaii Corporation were worth $135,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the stock. BlackRock Inc. increased its stake in Bank of Hawaii Corporation by 11,412.9% in the first quarter. BlackRock Inc. now owns 5,822,179 shares of the bank’s stock valued at $479,514,000 after buying an additional 5,771,608 shares during the period. Vanguard Group Inc. increased its stake in Bank of Hawaii Corporation by 4.2% in the first quarter. Vanguard Group Inc. now owns 3,595,900 shares of the bank’s stock valued at $296,158,000 after buying an additional 144,229 shares during the period. State Street Corp increased its stake in Bank of Hawaii Corporation by 17.3% in the first quarter. State Street Corp now owns 1,994,913 shares of the bank’s stock valued at $164,305,000 after buying an additional 294,607 shares during the period. Kayne Anderson Rudnick Investment Management LLC increased its stake in Bank of Hawaii Corporation by 1.5% in the first quarter. Kayne Anderson Rudnick Investment Management LLC now owns 1,106,917 shares of the bank’s stock valued at $91,165,000 after buying an additional 16,182 shares during the period. Finally, Bank of New York Mellon Corp increased its stake in Bank of Hawaii Corporation by 7.8% in the first quarter. Bank of New York Mellon Corp now owns 588,965 shares of the bank’s stock valued at $48,507,000 after buying an additional 42,751 shares during the period. 77.46% of the stock is currently owned by institutional investors and hedge funds.

Shares of Bank of Hawaii Corporation (NYSE BOH) traded down 0.49% during mid-day trading on Friday, reaching $79.79. 142,015 shares of the company were exchanged. The stock has a 50 day moving average price of $82.66 and a 200-day moving average price of $82.29. Bank of Hawaii Corporation has a 12 month low of $68.88 and a 12 month high of $90.80. The stock has a market capitalization of $3.40 billion, a P/E ratio of 18.65 and a beta of 0.95.

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 analysts’ consensus estimates of $1.03 by $0.02. Bank of Hawaii Corporation had a net margin of 27.28% and a return on equity of 15.45%. The firm had revenue of $157.52 million for the quarter, compared to analyst estimates of $157.76 million. During the same period last year, the firm posted $1.03 EPS. Analysts predict that Bank of Hawaii Corporation will post $4.43 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Thursday, August 31st will be given a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a yield of 2.61%. This is a positive change from Bank of Hawaii Corporation’s previous quarterly dividend of $0.50. The ex-dividend date is Tuesday, August 29th. Bank of Hawaii Corporation’s dividend payout ratio (DPR) is 46.62%.

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A number of analysts recently issued reports on BOH shares. Barclays PLC increased their price target on shares of Bank of Hawaii Corporation from $81.00 to $85.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 25th. Zacks Investment Research raised shares of Bank of Hawaii Corporation from a “hold” rating to a “buy” rating and set a $93.00 price target on the stock in a report on Monday, July 10th. Piper Jaffray Companies reissued a “hold” rating and set a $94.00 price target on shares of Bank of Hawaii Corporation in a report on Wednesday, July 26th. BidaskClub raised shares of Bank of Hawaii Corporation from a “strong sell” rating to a “sell” rating in a report on Wednesday, June 14th. Finally, Jefferies Group LLC reissued a “hold” rating and set a $85.00 price target on shares of Bank of Hawaii Corporation in a report on Friday, July 14th. Two analysts have rated the stock with a sell rating and four have given a hold rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $86.40.

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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