Flinton Capital Management LLC increased its stake in shares of Bank of Hawaii Corporation (NYSE:BOH) by 34.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,460 shares of the bank’s stock after acquiring an additional 1,400 shares during the quarter. Flinton Capital Management LLC’s holdings in Bank of Hawaii Corporation were worth $453,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Crestwood Advisors Group LLC increased 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 worth $206,000 after acquiring an additional 14 shares during the period. Alps Advisors Inc. increased its position in Bank of Hawaii Corporation by 0.3% during the second quarter. Alps Advisors Inc. now owns 5,667 shares of the bank’s stock worth $470,000 after acquiring an additional 15 shares during the period. World Asset Management Inc increased its position in Bank of Hawaii Corporation by 1.4% during the second quarter. World Asset Management Inc now owns 2,660 shares of the bank’s stock worth $221,000 after acquiring an additional 36 shares during the period. Northwestern Mutual Investment Management Company LLC increased its position in Bank of Hawaii Corporation by 1.2% during the second quarter. Northwestern Mutual Investment Management Company LLC now owns 7,436 shares of the bank’s stock worth $512,000 after acquiring an additional 87 shares during the period. Finally, Cadinha & Co. LLC increased its position in Bank of Hawaii Corporation by 0.3% during the second quarter. Cadinha & Co. LLC now owns 32,993 shares of the bank’s stock worth $2,737,000 after acquiring an additional 100 shares during the period. 75.61% of the stock is currently owned by institutional investors and hedge funds.

In other Bank of Hawaii Corporation news, insider Donna A. Tanoue sold 6,000 shares of the stock in a transaction on Tuesday, September 12th. The stock was sold at an average price of $76.88, for a total transaction of $461,280.00. Following the transaction, the insider now owns 9,969 shares in the company, valued at approximately $766,416.72. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Donna A. Tanoue sold 4,050 shares of the stock in a transaction on Monday, September 11th. The stock was sold at an average price of $76.15, for a total value of $308,407.50. Following the transaction, the insider now owns 9,969 shares in the company, valued at approximately $759,139.35. The disclosure for this sale can be found here. Insiders have sold a total of 11,235 shares of company stock worth $860,767 in the last quarter. Company insiders own 2.16% of the company’s stock.

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Bank of Hawaii Corporation (NYSE BOH) opened at 85.05 on Wednesday. Bank of Hawaii Corporation has a 12 month low of $71.78 and a 12 month high of $90.80. The company has a market cap of $3.63 billion, a price-to-earnings ratio of 19.88 and a beta of 0.99. The company’s 50-day moving average is $80.33 and its 200-day moving average is $81.00.

Bank of Hawaii Corporation (NYSE:BOH) last announced its quarterly earnings results on Monday, July 24th. The bank reported $1.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.03 by $0.02. The business had revenue of $157.52 million during the quarter, compared to the consensus estimate of $157.76 million. Bank of Hawaii Corporation had a return on equity of 15.45% and a net margin of 27.28%. During the same quarter last year, the firm posted $1.03 EPS. On average, equities research analysts anticipate 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 was paid on Friday, September 15th. Shareholders of record on Thursday, August 31st were given a dividend of $0.52 per share. This is a boost from Bank of Hawaii Corporation’s previous quarterly dividend of $0.50. The ex-dividend date was Tuesday, August 29th. This represents a $2.08 annualized dividend and a yield of 2.45%. Bank of Hawaii Corporation’s dividend payout ratio (DPR) is presently 48.48%.

A number of equities analysts recently issued reports on the stock. 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. Zacks Investment Research raised shares of Bank of Hawaii Corporation from a “sell” rating to a “hold” rating in a research report on Monday, July 3rd. BidaskClub lowered shares of Bank of Hawaii Corporation from a “sell” rating to a “strong sell” rating in a research report on Tuesday, August 1st. Barclays PLC boosted their target price on shares of Bank of Hawaii Corporation from $81.00 to $85.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 25th. Finally, Morgan Stanley reaffirmed an “underweight” rating and set a $77.00 target price (up previously from $75.00) on shares of Bank of Hawaii Corporation in a research report on Wednesday, October 4th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. Bank of Hawaii Corporation currently has an average rating of “Hold” and an average target price of $87.20.

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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