Tudor Investment Corp ET AL Purchases 26,634 Shares of Bank of Hawaii Corporation $BOH

Tudor Investment Corp ET AL grew its position in Bank of Hawaii Corporation (NYSE:BOH) by 33.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 105,845 shares of the bank’s stock after purchasing an additional 26,634 shares during the quarter. Tudor Investment Corp ET AL owned about 0.27% of Bank of Hawaii worth $6,948,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in BOH. CIBC Bancorp USA Inc. acquired a new stake in Bank of Hawaii during the 3rd quarter worth approximately $276,000. First Affirmative Financial Network grew its holdings in Bank of Hawaii by 5.6% in the 3rd quarter. First Affirmative Financial Network now owns 3,353 shares of the bank’s stock valued at $220,000 after buying an additional 178 shares in the last quarter. Advisory Services Network LLC bought a new position in Bank of Hawaii during the 3rd quarter worth $63,000. CANADA LIFE ASSURANCE Co increased its position in Bank of Hawaii by 2.0% during the 3rd quarter. CANADA LIFE ASSURANCE Co now owns 40,547 shares of the bank’s stock worth $2,658,000 after buying an additional 794 shares during the period. Finally, PharVision Advisers LLC acquired a new stake in shares of Bank of Hawaii during the third quarter worth $211,000. Institutional investors own 82.18% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Wall Street Zen raised shares of Bank of Hawaii from a “sell” rating to a “hold” rating in a research report on Saturday, January 31st. Barclays raised their price target on shares of Bank of Hawaii from $75.00 to $83.00 and gave the stock an “equal weight” rating in a research report on Tuesday, January 27th. DA Davidson boosted their price objective on shares of Bank of Hawaii from $73.00 to $81.00 and gave the company a “neutral” rating in a report on Tuesday, January 27th. Zacks Research upgraded shares of Bank of Hawaii from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 28th. Finally, Keefe, Bruyette & Woods raised shares of Bank of Hawaii from a “market perform” rating to an “outperform” rating and raised their target price for the stock from $75.00 to $91.00 in a report on Tuesday, January 27th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $81.80.

Insider Buying and Selling

In other news, CEO Peter S. Ho sold 15,000 shares of the business’s stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $67.87, for a total transaction of $1,018,050.00. Following the completion of the sale, the chief executive officer directly owned 156,774 shares of the company’s stock, valued at $10,640,251.38. The trade was a 8.73% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 2.07% of the company’s stock.

Bank of Hawaii Stock Performance

Shares of Bank of Hawaii stock opened at $72.36 on Tuesday. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.37. Bank of Hawaii Corporation has a twelve month low of $57.44 and a twelve month high of $80.61. The stock has a market cap of $2.87 billion, a price-to-earnings ratio of 15.66, a P/E/G ratio of 0.72 and a beta of 0.73. The company’s fifty day moving average is $75.15 and its 200 day moving average is $69.53.

Bank of Hawaii (NYSE:BOH) last posted its quarterly earnings data on Monday, January 26th. The bank reported $1.39 EPS for the quarter, topping analysts’ consensus estimates of $1.25 by $0.14. The company had revenue of $189.65 million for the quarter, compared to analyst estimates of $184.83 million. Bank of Hawaii had a return on equity of 14.42% and a net margin of 19.30%.During the same period in the previous year, the firm earned $0.85 earnings per share. Sell-side analysts forecast that Bank of Hawaii Corporation will post 3.97 EPS for the current year.

Bank of Hawaii Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Stockholders of record on Friday, February 27th were issued a dividend of $0.70 per share. The ex-dividend date was Friday, February 27th. This represents a $2.80 annualized dividend and a dividend yield of 3.9%. Bank of Hawaii’s payout ratio is currently 60.61%.

Bank of Hawaii Company Profile

Bank of Hawaii (NYSE: BOH) is a regional commercial bank headquartered in Honolulu, Hawaii, with roots tracing back to its founding in 1897 by Charles Montague Cooke and Peter Cushman Jones. As one of the oldest financial institutions in the U.S. West Coast region, the bank has built a reputation for stability and community focus. It operates as the principal subsidiary of Bank of Hawaii Corporation, a publicly traded company on the New York Stock Exchange.

The bank offers a comprehensive suite of personal and business banking products and services.