Susquehanna Fundamental Investments LLC Purchases 25,274 Shares of Bank of Hawaii Corporation $BOH

Susquehanna Fundamental Investments LLC boosted its position in shares of Bank of Hawaii Corporation (NYSE:BOH) by 66.6% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 63,217 shares of the bank’s stock after acquiring an additional 25,274 shares during the period. Susquehanna Fundamental Investments LLC owned 0.16% of Bank of Hawaii worth $5,152,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. DF Dent & Co. Inc. lifted its holdings in shares of Bank of Hawaii by 4.8% during the 3rd quarter. DF Dent & Co. Inc. now owns 3,433 shares of the bank’s stock valued at $225,000 after purchasing an additional 157 shares during the last quarter. Hantz Financial Services Inc. raised its stake in Bank of Hawaii by 11.8% in the fourth quarter. Hantz Financial Services Inc. now owns 1,520 shares of the bank’s stock valued at $104,000 after buying an additional 160 shares during the last quarter. CoreFirst Bank & Trust boosted its holdings in Bank of Hawaii by 14.6% in the first quarter. CoreFirst Bank & Trust now owns 1,410 shares of the bank’s stock worth $105,000 after acquiring an additional 180 shares in the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of Bank of Hawaii by 23.1% during the first quarter. EverSource Wealth Advisors LLC now owns 985 shares of the bank’s stock valued at $73,000 after acquiring an additional 185 shares in the last quarter. Finally, Rothschild Investment LLC boosted its stake in Bank of Hawaii by 6.2% in the 4th quarter. Rothschild Investment LLC now owns 3,213 shares of the bank’s stock worth $220,000 after purchasing an additional 188 shares in the last quarter. 82.18% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on BOH shares. Benchmark reissued a “hold” rating on shares of Bank of Hawaii in a report on Tuesday, July 28th. DA Davidson raised their target price on Bank of Hawaii from $80.00 to $85.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 28th. Weiss Ratings reissued a “buy (b)” rating on shares of Bank of Hawaii in a report on Friday, July 24th. Barclays reduced their price objective on Bank of Hawaii from $88.00 to $85.00 and set an “equal weight” rating for the company in a research note on Tuesday, July 28th. Finally, Keefe, Bruyette & Woods decreased their target price on Bank of Hawaii from $95.00 to $92.00 and set an “outperform” rating for the company in a report on Monday, August 3rd. Two investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $85.00.

Insider Transactions at Bank of Hawaii

In other news, insider Marco A. Abbruzzese sold 2,441 shares of the firm’s stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $81.59, for a total value of $199,161.19. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 1.97% of the company’s stock.

Bank of Hawaii Stock Down 1.7%

Shares of BOH opened at $75.98 on Tuesday. The firm has a market cap of $3.00 billion, a P/E ratio of 14.18, a PEG ratio of 0.88 and a beta of 0.71. The stock’s 50 day moving average is $80.75 and its two-hundred day moving average is $78.26. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 0.33. Bank of Hawaii Corporation has a 12 month low of $59.36 and a 12 month high of $86.31.

Bank of Hawaii (NYSE:BOH) last posted its quarterly earnings data on Monday, July 27th. The bank reported $1.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.46 by $0.01. The company had revenue of $196.90 million for the quarter, compared to analysts’ expectations of $199.51 million. Bank of Hawaii had a return on equity of 15.72% and a net margin of 21.84%.During the same period in the previous year, the firm posted $1.06 EPS. Analysts predict that Bank of Hawaii Corporation will post 5.91 earnings per share for the current fiscal year.

Bank of Hawaii Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be paid a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date is Monday, August 31st. Bank of Hawaii’s dividend payout ratio is 52.24%.

Bank of Hawaii Company Profile

Bank of Hawaii (NYSE: BOH) is a regional commercial bank headquartered in Honolulu, Hawaii, with roots tracing back to its founding in 1897 by Charles Montague Cooke and Peter Cushman Jones. As one of the oldest financial institutions in the U.S. West Coast region, the bank has built a reputation for stability and community focus. It operates as the principal subsidiary of Bank of Hawaii Corporation, a publicly traded company on the New York Stock Exchange.

The bank offers a comprehensive suite of personal and business banking products and services.