Bank of Hawaii Corporation (NYSE:BOH)‘s stock had its “hold” rating reaffirmed by analysts at Jefferies Group LLC in a research note issued on Friday. They presently have a $85.00 target price on the bank’s stock. Jefferies Group LLC’s price target would suggest a potential upside of 8.02% from the company’s current price.

BOH has been the topic of several other research reports. Zacks Investment Research raised Bank of Hawaii Corporation from a “sell” rating to a “hold” rating in a research report on Monday, July 3rd. BidaskClub downgraded Bank of Hawaii Corporation from a “sell” rating to a “strong sell” rating in a research report on Tuesday, August 1st. Barclays PLC upped their price objective on Bank of Hawaii Corporation from $81.00 to $85.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 25th. Finally, Piper Jaffray Companies reaffirmed a “hold” rating and issued a $94.00 price objective 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 issued a hold rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $86.40.

Bank of Hawaii Corporation (BOH) traded up 1.12% during mid-day trading on Friday, reaching $78.69. 367,530 shares of the company traded hands. The company’s 50 day moving average price is $79.90 and its 200 day moving average price is $81.13. Bank of Hawaii Corporation has a 12-month low of $70.40 and a 12-month high of $90.80. The firm has a market capitalization of $3.35 billion, a P/E ratio of 18.39 and a beta of 0.96.

Bank of Hawaii Corporation (NYSE:BOH) last announced its quarterly earnings data on Monday, July 24th. The bank reported $1.05 EPS for the quarter, beating 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 quarter in the prior year, the company posted $1.03 EPS. Equities research analysts predict that Bank of Hawaii Corporation will post $4.43 EPS for the current year.

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In other news, 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 transaction of $308,407.50. Following the transaction, the insider now owns 9,969 shares of the company’s stock, valued at approximately $759,139.35. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, 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 value of $461,280.00. Following the transaction, the insider now directly owns 9,969 shares in the company, valued at approximately $766,416.72. The disclosure for this sale can be found here. Insiders sold a total of 11,235 shares of company stock worth $860,767 in the last ninety days. 2.16% of the stock is currently owned by corporate insiders.

Several institutional investors and hedge funds have recently bought and sold shares of BOH. Capstone Asset Management Co. grew its position in shares of Bank of Hawaii Corporation by 8.5% during the 1st quarter. Capstone Asset Management Co. now owns 3,429 shares of the bank’s stock worth $282,000 after buying an additional 270 shares in the last quarter. Great West Life Assurance Co. Can grew its position in shares of Bank of Hawaii Corporation by 8.4% during the 1st quarter. Great West Life Assurance Co. Can now owns 25,445 shares of the bank’s stock worth $2,094,000 after buying an additional 1,972 shares in the last quarter. State Treasurer State of Michigan grew its position in shares of Bank of Hawaii Corporation by 0.6% during the 1st quarter. State Treasurer State of Michigan now owns 17,290 shares of the bank’s stock worth $1,424,000 after buying an additional 100 shares in the last quarter. State Board of Administration of Florida Retirement System grew its position in shares of Bank of Hawaii Corporation by 1.6% during the 1st quarter. State Board of Administration of Florida Retirement System now owns 59,058 shares of the bank’s stock worth $4,864,000 after buying an additional 912 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its position in shares of Bank of Hawaii Corporation by 7.8% during the 1st quarter. Bank of New York Mellon Corp now owns 588,965 shares of the bank’s stock worth $48,507,000 after buying an additional 42,751 shares in the last quarter. 75.66% of the stock is currently owned by institutional investors and hedge funds.

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.

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