Central Pacific Financial Corp. (CPF) : Ejf Capital scooped up 120,331 additional shares in Central Pacific Financial Corp. during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 920,331 shares of Central Pacific Financial Corp. which is valued at $22,796,599.Central Pacific Financial Corp. makes up approximately 2.09% of Ejf Capital’s portfolio.
Other Hedge Funds, Including , Zacks Investment Management added CPF to its portfolio by purchasing 44,024 company shares during the most recent quarter which is valued at $1,090,474. Central Pacific Financial Corp. makes up approx 0.03% of Zacks Investment Management’s portfolio. Fuller Thaler Asset Management added CPF to its portfolio by purchasing 1,100 company shares during the most recent quarter which is valued at $27,830.
Central Pacific Financial Corp. opened for trading at $25.32 and hit $25.89 on the upside on Wednesday, eventually ending the session at $25.88, with a gain of 1.81% or 0.46 points. The heightened volatility saw the trading volume jump to 111,115 shares. Company has a market cap of $802 M.
On the company’s financial health, Central Pacific Financial Corp. reported $0.39 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Jul 28, 2016. Analyst had a consensus of $0.35.Analysts expectations of $ 50.33.During the same quarter in the previous year, the company posted $0.39 EPS.
Many Wall Street Analysts have commented on Central Pacific Financial Corp.. Compass Point Initiated Central Pacific Financial Corp. on Aug 11, 2016 to “Neutral”, Price Target of the shares are set at $26.Piper Jaffray Initiated Central Pacific Financial Corp. on Jul 8, 2016 to “Neutral”, Price Target of the shares are set at $25.
Central Pacific Financial Corp. is a bank holding company. The Companys principal business is to serve as a holding company for its bank subsidiary Central Pacific Bank (the bank). The Company operates through three segments. The Banking Operations segment includes construction and commercial real estate lending commercial lending residential mortgage lending consumer lending trust services retail brokerage services and the Companys retail branch offices which provide a range of deposit and loan products as well as various other banking services. The Treasury segment is responsible for managing the Companys investment securities portfolio and wholesale funding activities. The All Others segment includes activities such as electronic banking data processing and management of bank owned properties. The Company offers full service commercial banking with 36 bank branches and 110 automated teller machines (ATMs) located throughout the state of Hawaii.