Bank of Hawaii Corporation (NYSE:BOH) 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 completion of the sale, the insider now owns 15,204 shares of the company’s stock, valued at approximately $1,168,579.44. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Shares of Bank of Hawaii Corporation (NYSE BOH) traded down 1.95% during mid-day trading on Thursday, reaching $75.00. 333,973 shares of the company’s stock traded hands. The company has a market capitalization of $3.20 billion, a P/E ratio of 17.53 and a beta of 0.96. The firm has a 50-day moving average price of $81.04 and a 200-day moving average price of $81.48. Bank of Hawaii Corporation has a 1-year low of $70.12 and a 1-year high of $90.80.

Bank of Hawaii Corporation (NYSE:BOH) last issued its quarterly earnings results on Monday, July 24th. The bank reported $1.05 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.03 by $0.02. The company had revenue of $157.52 million for 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 period in the previous year, the business posted $1.03 EPS. On average, equities research analysts forecast that Bank of Hawaii Corporation will post $4.43 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Stockholders of record on Thursday, August 31st will be given a dividend of $0.52 per share. The ex-dividend date is Tuesday, August 29th. This is a boost from Bank of Hawaii Corporation’s previous quarterly dividend of $0.50. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.77%. Bank of Hawaii Corporation’s payout ratio is currently 48.48%.

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Several equities analysts have issued reports on the stock. 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 note on Friday, July 14th. Morgan Stanley upped their price target on shares of Bank of Hawaii Corporation from $74.00 to $75.00 and gave the stock an “underweight” rating in a research note on Tuesday, June 6th. Zacks Investment Research raised shares of Bank of Hawaii Corporation from a “hold” rating to a “buy” rating and set a $89.00 price target on the stock in a research note on Wednesday, May 24th. Finally, Barclays PLC reissued an “equal weight” rating and issued a $83.00 price objective (up from $81.00) on shares of Bank of Hawaii Corporation in a research note on Wednesday, July 12th. Two analysts have rated the stock with a sell rating and four have issued a hold rating to the company. Bank of Hawaii Corporation currently has an average rating of “Hold” and an average price target of $86.40.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Bank of Montreal Can grew its position in Bank of Hawaii Corporation by 1.2% in the first quarter. Bank of Montreal Can now owns 26,897 shares of the bank’s stock valued at $2,216,000 after acquiring an additional 316 shares during the period. Envestnet Asset Management Inc. boosted its stake in Bank of Hawaii Corporation by 2.8% in the first quarter. Envestnet Asset Management Inc. now owns 6,198 shares of the bank’s stock worth $511,000 after purchasing an additional 166 shares in the last quarter. Vanguard Group Inc. boosted its stake in Bank of Hawaii Corporation by 4.2% in the first quarter. Vanguard Group Inc. now owns 3,595,900 shares of the bank’s stock worth $296,158,000 after purchasing an additional 144,229 shares in the last quarter. BlackRock Inc. boosted its stake in Bank of Hawaii Corporation by 11,412.9% in the first quarter. BlackRock Inc. now owns 5,822,179 shares of the bank’s stock worth $479,514,000 after purchasing an additional 5,771,608 shares in the last quarter. Finally, Geode Capital Management LLC boosted its stake in Bank of Hawaii Corporation by 4.0% in the first quarter. Geode Capital Management LLC now owns 334,766 shares of the bank’s stock worth $27,571,000 after purchasing an additional 12,878 shares in 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)

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