Bank of Hawaii Corporation (NYSE:BOH)‘s stock had its “hold” rating reissued by equities research analysts at Jefferies Group LLC in a research report issued on Wednesday. They presently have a $92.00 price target on the bank’s stock. Jefferies Group LLC’s price objective suggests a potential upside of 9.29% from the company’s previous close. Jefferies Group also issued estimates for Bank of Hawaii Corporation’s Q3 2017 earnings at $1.04 EPS, Q4 2017 earnings at $1.04 EPS, FY2017 earnings at $4.33 EPS, Q1 2018 earnings at $1.07 EPS, Q2 2018 earnings at $1.16 EPS, Q3 2018 earnings at $1.20 EPS, Q4 2018 earnings at $1.22 EPS, FY2018 earnings at $4.65 EPS and FY2019 earnings at $4.90 EPS.

A number of other analysts have also commented on BOH. BidaskClub raised shares of Bank of Hawaii Corporation from a “strong sell” rating to a “sell” rating in a report on Wednesday, June 14th. Zacks Investment Research raised shares of Bank of Hawaii Corporation from a “sell” rating to a “hold” rating in a report on Monday, July 3rd. Barclays PLC reaffirmed an “equal weight” rating and set a $83.00 target price (up previously from $81.00) on shares of Bank of Hawaii Corporation in a report on Wednesday, July 12th. Finally, Piper Jaffray Companies reaffirmed a “hold” rating and set a $94.00 target price on shares of Bank of Hawaii Corporation in a report on Wednesday, July 26th. Two investment analysts have rated the stock with a sell rating and four have given a hold rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $88.60.

Shares of Bank of Hawaii Corporation (NYSE:BOH) traded down 1.02% during trading on Wednesday, reaching $84.18. The company’s stock had a trading volume of 90,275 shares. The company has a market capitalization of $3.59 billion, a P/E ratio of 19.67 and a beta of 0.99. Bank of Hawaii Corporation has a 12 month low of $71.78 and a 12 month high of $90.80. 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 released its earnings results on Monday, July 24th. The bank reported $1.05 EPS for the quarter, topping analysts’ consensus estimates of $1.03 by $0.02. Bank of Hawaii Corporation had a net margin of 27.28% and a return on equity of 15.45%. The firm had revenue of $157.52 million during the quarter, compared to analyst estimates of $157.76 million. During the same quarter in the previous year, the business earned $1.03 EPS. On average, analysts forecast that Bank of Hawaii Corporation will post $4.43 EPS for the current fiscal year.

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In other news, insider Donna A. Tanoue sold 1,185 shares of the business’s stock in a transaction on Wednesday, September 6th. The shares were sold at an average price of $76.86, for a total value of $91,079.10. Following the completion of the transaction, the insider now owns 15,204 shares of the company’s stock, valued at approximately $1,168,579.44. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Donna A. Tanoue sold 4,050 shares of the business’s stock in a transaction on Monday, September 11th. The shares were sold at an average price of $76.15, for a total transaction of $308,407.50. Following the completion of the transaction, the insider now directly owns 9,969 shares of the company’s stock, valued at approximately $759,139.35. The disclosure for this sale can be found here. Insiders sold a total of 11,235 shares of company stock valued at $860,767 in the last three months. 2.16% of the stock is owned by company insiders.

Several hedge funds have recently made changes to their positions in the company. Crestwood Advisors Group LLC grew its holdings in shares of Bank of Hawaii Corporation by 0.6% in the 2nd quarter. Crestwood Advisors Group LLC now owns 2,483 shares of the bank’s stock valued at $206,000 after buying an additional 14 shares during the period. Alps Advisors Inc. grew its holdings in shares of Bank of Hawaii Corporation by 0.3% in the 2nd quarter. Alps Advisors Inc. now owns 5,667 shares of the bank’s stock valued at $470,000 after buying an additional 15 shares during the period. World Asset Management Inc grew its holdings in shares of Bank of Hawaii Corporation by 1.4% in the 2nd quarter. World Asset Management Inc now owns 2,660 shares of the bank’s stock valued at $221,000 after buying an additional 36 shares during the period. Northwestern Mutual Investment Management Company LLC grew its holdings in shares of Bank of Hawaii Corporation by 1.2% in the 2nd quarter. Northwestern Mutual Investment Management Company LLC now owns 7,436 shares of the bank’s stock valued at $512,000 after buying an additional 87 shares during the period. Finally, Cadinha & Co. LLC grew its holdings in shares of Bank of Hawaii Corporation by 0.3% in the 2nd quarter. Cadinha & Co. LLC now owns 32,993 shares of the bank’s stock valued at $2,737,000 after buying an additional 100 shares during the period. 75.61% of the stock is owned by institutional investors.

About Bank of Hawaii Corporation

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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