Bank of Hawaii Corporation (BOH) : First Hawaiian Bank reduced its stake in Bank of Hawaii Corporation by 0.13% during the most recent quarter end. The investment management company now holds a total of 257,833 shares of Bank of Hawaii Corporation which is valued at $17,566,162 after selling 333 shares in Bank of Hawaii Corporation , the firm said in a disclosure report filed with the SEC on Apr 15, 2016.Bank of Hawaii Corporation makes up approximately 2.98% of First Hawaiian Bank’s portfolio.
Bank of Hawaii Corporation closed down -1.17 points or -1.70% at $67.76 with 1,92,208 shares getting traded on Wednesday. Post opening the session at $68.86, the shares hit an intraday low of $67.67 and an intraday high of $69.15 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
Other Hedge Funds, Including , Independent Portfolio Consultants boosted its stake in BOH in the latest quarter, The investment management firm added 745 additional shares and now holds a total of 2,835 shares of Bank of Hawaii Corporation which is valued at $193,149. Bank of Hawaii Corporation makes up approx 0.05% of Independent Portfolio Consultants’s portfolio. Capstone Asset Management Co added BOH to its portfolio by purchasing 2,959 company shares during the most recent quarter which is valued at $201,597. Bank of Hawaii Corporation makes up approx 0.01% of Capstone Asset Management Co’s portfolio.
On the company’s financial health, Bank of Hawaii Corporation reported $0.99 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on Jan 25, 2016. Analyst had a consensus of $0.93.Analysts expectations of $ 142.36.During the same quarter in the previous year, the company posted $0.94 EPS.
Many Wall Street Analysts have commented on Bank of Hawaii Corporation. Shares were Reiterated by RBC Capital Mkts on Jan 26, 2016 to “Sector Perform” and Lowered the Price Target to $ 63 from a previous price target of $69 .
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 services and products primarily to customers in Hawaii Guam and other Pacific Islands. The Company operates through four business segments: Retail Banking Commercial Banking Investment Services and Treasury and Other. Its Retail Banking segment offers a range of financial products and services to consumers and small businesses. Its Commercial Banking segment offers products including corporate banking commercial real estate loans commercial lease financing auto dealer financing and deposit products. Its Investment Services segment offers private banking trust services investment management and institutional investment advisory services. The Company’s Treasury and Other segment consists of corporate asset and liability management activities including interest rate risk management and a foreign currency exchange business.