Janney Montgomery Scott LLC lifted its position in Bank of Hawaii Co. (NYSE:BOH) by 53.8% in the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 24,726 shares of the bank’s stock after purchasing an additional 8,650 shares during the period. Janney Montgomery Scott LLC’s holdings in Bank of Hawaii were worth $2,125,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. 6 Meridian boosted its holdings in shares of Bank of Hawaii by 2.0% in the second quarter. 6 Meridian now owns 6,539 shares of the bank’s stock valued at $542,000 after purchasing an additional 131 shares during the period. Arizona State Retirement System lifted its holdings in Bank of Hawaii by 0.5% during the second quarter. Arizona State Retirement System now owns 29,748 shares of the bank’s stock worth $2,466,000 after buying an additional 155 shares during the period. Harrington Investments INC lifted its holdings in Bank of Hawaii by 0.7% during the second quarter. Harrington Investments INC now owns 24,430 shares of the bank’s stock worth $2,025,000 after buying an additional 160 shares during the period. Oregon Public Employees Retirement Fund lifted its holdings in Bank of Hawaii by 1.4% during the second quarter. Oregon Public Employees Retirement Fund now owns 16,945 shares of the bank’s stock worth $1,405,000 after buying an additional 236 shares during the period. Finally, Signaturefd LLC lifted its holdings in Bank of Hawaii by 150.8% during the second quarter. Signaturefd LLC now owns 602 shares of the bank’s stock worth $50,000 after buying an additional 362 shares during the period. Hedge funds and other institutional investors own 74.66% of the company’s stock.
Bank of Hawaii stock opened at $89.50 on Thursday. The business has a fifty day moving average of $85.72 and a two-hundred day moving average of $82.61. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.09. The firm has a market cap of $3.56 billion, a P/E ratio of 17.11, a P/E/G ratio of 2.00 and a beta of 0.92. Bank of Hawaii Co. has a twelve month low of $63.64 and a twelve month high of $89.50.
Bank of Hawaii (NYSE:BOH) last posted its earnings results on Monday, October 28th. The bank reported $1.29 earnings per share for the quarter, missing analysts’ consensus estimates of $1.38 by ($0.09). The company had revenue of $171.40 million for the quarter, compared to analysts’ expectations of $168.80 million. Bank of Hawaii had a return on equity of 17.33% and a net margin of 29.05%. During the same quarter in the prior year, the company earned $1.36 EPS. Equities analysts expect that Bank of Hawaii Co. will post 5.53 earnings per share for the current year.
The business also recently announced a quarterly dividend, which will be paid on Friday, December 13th. Shareholders of record on Friday, November 29th will be issued a dividend of $0.67 per share. The ex-dividend date is Tuesday, November 26th. This represents a $2.68 dividend on an annualized basis and a yield of 2.99%. This is a positive change from Bank of Hawaii’s previous quarterly dividend of $0.65. Bank of Hawaii’s dividend payout ratio is currently 49.71%.
Bank of Hawaii Profile
Bank of Hawaii Corporation operates as the bank holding company for Bank of Hawaii that provides financial products and services in Hawaii, Guam, and other Pacific Islands. It operates through four segments: Retail Banking, Commercial Banking, Investment Services and Private Banking, and Treasury and Other.
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