CKW Financial Group Has $846,000 Holdings in First Hawaiian, Inc. (NASDAQ:FHB)

CKW Financial Group increased its position in shares of First Hawaiian, Inc. (NASDAQ:FHB) by 1.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 32,600 shares of the bank’s stock after purchasing an additional 400 shares during the quarter. First Hawaiian accounts for approximately 0.1% of CKW Financial Group’s investment portfolio, making the stock its 26th largest position. CKW Financial Group’s holdings in First Hawaiian were worth $846,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Blue Trust Inc. boosted its stake in First Hawaiian by 51.5% in the third quarter. Blue Trust Inc. now owns 1,838 shares of the bank’s stock valued at $43,000 after buying an additional 625 shares in the last quarter. Whittier Trust Co. of Nevada Inc. acquired a new stake in shares of First Hawaiian in the 3rd quarter valued at approximately $51,000. Quarry LP grew its holdings in shares of First Hawaiian by 459.2% during the 3rd quarter. Quarry LP now owns 2,483 shares of the bank’s stock valued at $57,000 after purchasing an additional 2,039 shares during the last quarter. GAMMA Investing LLC increased its position in First Hawaiian by 49.1% during the 3rd quarter. GAMMA Investing LLC now owns 3,163 shares of the bank’s stock worth $73,000 after purchasing an additional 1,041 shares in the last quarter. Finally, KBC Group NV lifted its stake in First Hawaiian by 72.1% in the 4th quarter. KBC Group NV now owns 6,154 shares of the bank’s stock valued at $160,000 after purchasing an additional 2,579 shares during the last quarter. 97.63% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts have weighed in on FHB shares. Barclays boosted their target price on shares of First Hawaiian from $27.00 to $28.00 and gave the stock an “equal weight” rating in a research note on Thursday, December 19th. JPMorgan Chase & Co. upped their target price on First Hawaiian from $25.00 to $27.00 and gave the stock an “underweight” rating in a report on Tuesday, December 17th. Wells Fargo & Company lifted their price target on First Hawaiian from $21.00 to $22.00 and gave the company an “underweight” rating in a research note on Tuesday, December 3rd. The Goldman Sachs Group upped their price objective on First Hawaiian from $22.00 to $26.00 and gave the company a “sell” rating in a research note on Tuesday, November 26th. Finally, Keefe, Bruyette & Woods boosted their target price on shares of First Hawaiian from $25.00 to $28.00 and gave the stock a “market perform” rating in a report on Wednesday, December 4th. Three analysts have rated the stock with a sell rating and four have issued a hold rating to the stock. According to MarketBeat, First Hawaiian has a consensus rating of “Hold” and an average target price of $26.86.

First Hawaiian Price Performance

Shares of FHB opened at $26.36 on Monday. The business has a 50-day moving average of $26.44 and a 200-day moving average of $24.89. First Hawaiian, Inc. has a 1 year low of $19.48 and a 1 year high of $28.80. The company has a market capitalization of $3.37 billion, a price-to-earnings ratio of 15.06 and a beta of 0.99.

First Hawaiian Profile

First Hawaiian, Inc operates as a bank holding company for First Hawaiian Bank that provides a range of banking products and services to consumer and commercial customers in the United States. It operates in three segments: Retail Banking, Commercial Banking, and Treasury and Other. The company offers various deposit products, including checking, savings, and time deposit accounts, and other deposit accounts.