Los Angeles Capital Management & Equity Research Inc. boosted its holdings in shares of Bank of Hawaii Corporation (NYSE:BOH) by 0.2% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 54,889 shares of the bank’s stock after purchasing an additional 100 shares during the quarter. Los Angeles Capital Management & Equity Research Inc. owned approximately 0.13% of Bank of Hawaii Corporation worth $4,554,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of BOH. Capstone Asset Management Co. increased its holdings in Bank of Hawaii Corporation by 8.5% during the 1st quarter. Capstone Asset Management Co. now owns 3,429 shares of the bank’s stock worth $282,000 after purchasing an additional 270 shares during the last quarter. ProShare Advisors LLC increased its holdings in Bank of Hawaii Corporation by 1.8% during the 1st quarter. ProShare Advisors LLC now owns 10,849 shares of the bank’s stock worth $894,000 after purchasing an additional 193 shares during the last quarter. Oregon Public Employees Retirement Fund increased its holdings in Bank of Hawaii Corporation by 1.4% during the 1st quarter. Oregon Public Employees Retirement Fund now owns 15,011 shares of the bank’s stock worth $1,236,000 after purchasing an additional 200 shares during the last quarter. Great West Life Assurance Co. Can increased its holdings in Bank of Hawaii Corporation by 8.4% during the 1st quarter. Great West Life Assurance Co. Can now owns 25,445 shares of the bank’s stock worth $2,094,000 after purchasing an additional 1,972 shares during the last quarter. Finally, State Treasurer State of Michigan increased its holdings 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 worth $1,424,000 after purchasing an additional 100 shares during the last quarter. Institutional investors own 75.66% of the company’s stock.

Several equities research analysts have issued reports on the company. Zacks Investment Research upgraded Bank of Hawaii Corporation from a “hold” rating to a “buy” rating and set a $89.00 price objective on the stock in a report on Wednesday, May 24th. Jefferies Group LLC reiterated a “hold” rating and issued a $85.00 price target on shares of Bank of Hawaii Corporation in a report on Friday, July 14th. BidaskClub upgraded Bank of Hawaii Corporation from a “strong sell” rating to a “sell” rating in a report on Wednesday, June 14th. Barclays PLC boosted their price target on Bank of Hawaii Corporation from $81.00 to $85.00 and gave the company an “equal weight” rating in a report on Tuesday, July 25th. Finally, Piper Jaffray Companies reiterated a “hold” rating and issued a $94.00 price target on shares of Bank of Hawaii Corporation in a report on Wednesday, July 26th. Two analysts have rated the stock with a sell rating and four have given a hold rating to the company. Bank of Hawaii Corporation presently has an average rating of “Hold” and a consensus price target of $86.40.

In other news, insider Donna A. Tanoue sold 1,185 shares of the stock in a transaction that occurred on Wednesday, September 6th. The stock was sold at an average price of $76.86, for a total value of $91,079.10. Following the completion of the transaction, the insider now directly owns 15,204 shares of the company’s stock, valued at approximately $1,168,579.44. The sale was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 2.16% of the company’s stock.

Shares of Bank of Hawaii Corporation (BOH) opened at 78.48 on Wednesday. The company has a market capitalization of $3.35 billion, a P/E ratio of 18.34 and a beta of 0.96. Bank of Hawaii Corporation has a one year low of $70.12 and a one year high of $90.80. The stock has a 50 day moving average price of $80.54 and a 200-day moving average price of $81.27.

Bank of Hawaii Corporation (NYSE:BOH) last announced its quarterly earnings data on Monday, July 24th. The bank reported $1.05 EPS for the quarter, topping the Zacks’ consensus estimate of $1.03 by $0.02. Bank of Hawaii Corporation had a return on equity of 15.45% and a net margin of 27.28%. The company had revenue of $157.52 million during the quarter, compared to the consensus estimate of $157.76 million. During the same quarter last year, the company earned $1.03 EPS. Equities research analysts predict that Bank of Hawaii Corporation will post $4.43 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, September 15th. Stockholders of record on Thursday, August 31st will be issued a $0.52 dividend. The ex-dividend date of this dividend is Tuesday, August 29th. This is a boost from Bank of Hawaii Corporation’s previous quarterly dividend of $0.50. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.65%. Bank of Hawaii Corporation’s dividend payout ratio is presently 48.48%.

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Bank of Hawaii Corporation 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.

Institutional Ownership by Quarter for Bank of Hawaii Corporation (NYSE:BOH)

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