CKW Financial Group Has $179,000 Stake in Bank of Hawaii Co. (NYSE:BOH)

CKW Financial Group lowered its holdings in Bank of Hawaii Co. (NYSE:BOH) by 40.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,507 shares of the bank’s stock after selling 1,668 shares during the quarter. CKW Financial Group’s holdings in Bank of Hawaii were worth $179,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. Dimensional Fund Advisors LP increased its position in shares of Bank of Hawaii by 14.2% during the second quarter. Dimensional Fund Advisors LP now owns 789,486 shares of the bank’s stock worth $45,167,000 after acquiring an additional 98,465 shares in the last quarter. Marshall Wace LLP bought a new stake in Bank of Hawaii during the 2nd quarter worth approximately $1,344,000. Squarepoint Ops LLC purchased a new stake in shares of Bank of Hawaii in the second quarter worth approximately $2,230,000. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Bank of Hawaii in the second quarter valued at approximately $106,000. Finally, The Manufacturers Life Insurance Company grew its holdings in Bank of Hawaii by 5.1% during the second quarter. The Manufacturers Life Insurance Company now owns 21,878 shares of the bank’s stock worth $1,252,000 after buying an additional 1,061 shares in the last quarter. Institutional investors and hedge funds own 82.18% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have weighed in on BOH shares. Keefe, Bruyette & Woods raised their price objective on Bank of Hawaii from $74.00 to $81.00 and gave the company a “market perform” rating in a research note on Wednesday, December 4th. Barclays boosted their price target on shares of Bank of Hawaii from $56.00 to $66.00 and gave the stock an “underweight” rating in a report on Thursday, December 5th. Stephens started coverage on shares of Bank of Hawaii in a research note on Wednesday, November 27th. They issued an “overweight” rating and a $90.00 price objective for the company. Piper Sandler lifted their target price on shares of Bank of Hawaii from $61.00 to $66.00 and gave the stock an “underweight” rating in a research report on Tuesday, October 29th. Finally, DA Davidson upped their target price on Bank of Hawaii from $65.00 to $74.00 and gave the company a “neutral” rating in a report on Tuesday, October 29th. Three equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $71.83.

Insider Activity at Bank of Hawaii

In other news, insider Matthew Emerson sold 1,355 shares of Bank of Hawaii stock in a transaction on Wednesday, October 30th. The stock was sold at an average price of $72.27, for a total value of $97,925.85. Following the completion of the transaction, the insider now directly owns 13,717 shares in the company, valued at approximately $991,327.59. The trade was a 8.99 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.11% of the stock is currently owned by company insiders.

Bank of Hawaii Stock Down 0.3 %

Bank of Hawaii stock opened at $70.94 on Monday. The company has a quick ratio of 0.71, a current ratio of 0.71 and a debt-to-equity ratio of 0.42. The company has a market capitalization of $2.82 billion, a P/E ratio of 21.30 and a beta of 1.05. The firm has a 50 day moving average price of $73.39 and a 200-day moving average price of $69.16. Bank of Hawaii Co. has a twelve month low of $54.50 and a twelve month high of $82.70.

Bank of Hawaii (NYSE:BOH) last released its earnings results on Monday, January 27th. The bank reported $0.85 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.87 by ($0.02). Bank of Hawaii had a return on equity of 11.33% and a net margin of 13.76%. As a group, equities analysts predict that Bank of Hawaii Co. will post 3.54 EPS for the current year.

About Bank of Hawaii

Bank of Hawaii Corporation operates as the bank holding company for Bank of Hawaii that provides various financial products and services in Hawaii, Guam, and other Pacific Islands. It operates in three segments: Consumer Banking, Commercial Banking, and Treasury and Other. The Consumer Banking segment offers checking, savings, and time deposit accounts; residential mortgage loans, home equity lines of credit, automobile loans and leases, overdraft lines of credit, installment loans, small business loans and leases, and credit cards; private and international client banking, investment, credit, and trust services to individuals and families, as well as high-net-worth individuals; investment management; institutional investment advisory services to corporations, government entities, and foundations; and brokerage offerings, including equities, mutual funds, life insurance, and annuity products.