Bank of Hawaii Corporation (NYSE:BOH)‘s stock had its “underweight” rating restated by stock analysts at Morgan Stanley in a research report issued to clients and investors on Wednesday. They presently have a $77.00 target price on the bank’s stock, up from their previous target price of $75.00. Morgan Stanley’s target price indicates a potential downside of 8.61% from the stock’s previous close.

Several other analysts have also recently weighed in on the stock. 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 shares of Bank of Hawaii Corporation from a “buy” rating to a “hold” rating in a research note on Friday, August 4th. BidaskClub cut shares of Bank of Hawaii Corporation from a “hold” rating to a “sell” rating in a research note on Thursday, July 13th. Jefferies Group LLC reaffirmed a “hold” rating and set a $85.00 price target on shares of Bank of Hawaii Corporation in a research report on Friday, September 15th. Finally, Piper Jaffray Companies reaffirmed a “hold” rating and set a $94.00 price target on shares of Bank of Hawaii Corporation in a research report on Wednesday, July 26th. Two investment analysts have rated the stock with a sell rating and four have assigned a hold rating to the company’s stock. Bank of Hawaii Corporation currently has an average rating of “Hold” and a consensus target price of $86.80.

Bank of Hawaii Corporation (BOH) opened at 84.25 on Wednesday. The firm has a market cap of $3.59 billion, a P/E ratio of 19.69 and a beta of 0.99. Bank of Hawaii Corporation has a 1-year low of $71.78 and a 1-year high of $90.80. The stock has a 50 day moving average price of $79.84 and a 200-day moving average price of $80.89.

Bank of Hawaii Corporation (NYSE:BOH) last issued its quarterly earnings data on Monday, July 24th. The bank reported $1.05 earnings per share for the quarter, topping the consensus estimate 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 company had revenue of $157.52 million for the quarter, compared to analysts’ expectations of $157.76 million. During the same quarter in the previous year, the firm posted $1.03 earnings per share. Equities research analysts forecast that Bank of Hawaii Corporation will post $4.43 EPS for the current year.

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In other Bank of Hawaii Corporation news, insider Donna A. Tanoue sold 6,000 shares of the company’s stock in a transaction on Tuesday, September 12th. The shares were sold at an average price of $76.88, for a total transaction of $461,280.00. Following the sale, the insider now owns 9,969 shares of the company’s stock, valued at $766,416.72. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Donna A. Tanoue sold 1,185 shares of the company’s stock in a transaction on Wednesday, September 6th. The shares were sold at an average price of $76.86, for a total transaction of $91,079.10. Following the sale, the insider now directly owns 15,204 shares in the company, valued at approximately $1,168,579.44. The disclosure for this sale can be found here. Insiders have sold 11,235 shares of company stock worth $860,767 in the last ninety days. Insiders own 2.16% of the company’s stock.

A number of institutional investors and hedge funds have recently modified their holdings of BOH. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in Bank of Hawaii Corporation by 30.3% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,526 shares of the bank’s stock valued at $126,000 after acquiring an additional 355 shares during the last quarter. Crestwood Advisors Group LLC boosted its position in Bank of Hawaii Corporation by 0.6% during the second quarter. Crestwood Advisors Group LLC now owns 2,483 shares of the bank’s stock valued at $206,000 after acquiring an additional 14 shares during the last quarter. World Asset Management Inc boosted its position in Bank of Hawaii Corporation by 0.7% during the first quarter. World Asset Management Inc now owns 2,624 shares of the bank’s stock valued at $216,000 after acquiring an additional 18 shares during the last quarter. Two Sigma Securities LLC bought a new stake in Bank of Hawaii Corporation during the first quarter valued at $234,000. Finally, Shelton Capital Management bought a new stake in Bank of Hawaii Corporation during the second quarter valued at $269,000. 75.61% of the stock is currently owned by institutional investors and hedge funds.

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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