Bank of Hawaii Corporation (NYSE:BOH) insider Donna A. Tanoue sold 6,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 12th. The shares were sold at an average price of $76.88, for a total value of $461,280.00. Following the completion of the sale, the insider now directly owns 9,969 shares of the company’s stock, valued at approximately $766,416.72. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Shares of Bank of Hawaii Corporation (NYSE BOH) opened at 78.69 on Friday. The company’s 50-day moving average price is $79.90 and its 200-day moving average price is $81.13. Bank of Hawaii Corporation has a one year low of $70.40 and a one year high of $90.80. The company has a market capitalization of $3.35 billion, a price-to-earnings ratio of 18.39 and a beta of 0.96.

Bank of Hawaii Corporation (NYSE:BOH) last issued its earnings results on Monday, July 24th. The bank reported $1.05 EPS for the quarter, beating the 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 business had revenue of $157.52 million for the quarter, compared to the consensus estimate of $157.76 million. During the same period last year, the business posted $1.03 EPS. On average, equities research analysts predict that Bank of Hawaii Corporation will post $4.43 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Friday, September 15th. Shareholders of record on Thursday, August 31st were paid a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a yield of 2.64%. This is an increase from Bank of Hawaii Corporation’s previous quarterly dividend of $0.50. The ex-dividend date was Tuesday, August 29th. Bank of Hawaii Corporation’s dividend payout ratio (DPR) is currently 48.48%.

ILLEGAL ACTIVITY WARNING: This piece was originally posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this piece on another domain, it was illegally stolen and republished in violation of United States & international trademark and copyright legislation. The correct version of this piece can be accessed at https://www.thecerbatgem.com/2017/09/16/bank-of-hawaii-corporation-boh-insider-sells-461280-00-in-stock.html.

A number of equities research analysts have commented on BOH shares. Barclays PLC reissued an “equal weight” rating and issued a $83.00 price objective (up previously from $81.00) on shares of Bank of Hawaii Corporation in a research note on Wednesday, July 12th. Zacks Investment Research cut Bank of Hawaii Corporation from a “buy” rating to a “hold” rating in a research report on Friday, August 4th. BidaskClub cut Bank of Hawaii Corporation from a “hold” rating to a “sell” rating in a research report on Thursday, July 13th. Morgan Stanley lifted their target price on Bank of Hawaii Corporation from $74.00 to $75.00 and gave the company an “underweight” rating in a research report on Tuesday, June 6th. Finally, Piper Jaffray Companies reaffirmed a “hold” rating and set a $94.00 target price on shares of Bank of Hawaii Corporation in a research report on Wednesday, July 26th. Two analysts have rated the stock with a sell rating and four have issued a hold rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $86.40.

Institutional investors and hedge funds have recently modified their holdings of the business. BlackRock Inc. boosted its stake in shares of Bank of Hawaii Corporation by 11,412.9% in the 1st quarter. BlackRock Inc. now owns 5,822,179 shares of the bank’s stock worth $479,514,000 after buying an additional 5,771,608 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of Bank of Hawaii Corporation by 2.1% in the 2nd quarter. Vanguard Group Inc. now owns 3,671,470 shares of the bank’s stock worth $304,622,000 after buying an additional 75,570 shares during the last quarter. State Street Corp boosted its stake in shares of Bank of Hawaii Corporation by 17.3% in the 1st quarter. State Street Corp now owns 1,994,913 shares of the bank’s stock worth $164,305,000 after buying an additional 294,607 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC boosted its stake in shares of Bank of Hawaii Corporation by 9.2% in the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 1,208,500 shares of the bank’s stock worth $100,270,000 after buying an additional 101,583 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in shares of Bank of Hawaii Corporation by 2.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,030,384 shares of the bank’s stock worth $85,492,000 after buying an additional 20,389 shares during the last quarter. Institutional investors and hedge funds own 75.66% of the company’s stock.

Bank of Hawaii Corporation Company 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.

Insider Buying and Selling by Quarter for Bank of Hawaii Corporation (NYSE:BOH)

Receive News & Stock Ratings for Bank of Hawaii Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bank of Hawaii Corporation and related stocks with our FREE daily email newsletter.