Bank of Hawaii Corporation (NYSE:BOH) – Equities researchers at Jefferies Group cut their Q1 2017 earnings estimates for shares of Bank of Hawaii Corporation in a research report issued on Wednesday. Jefferies Group analyst C. Haire now expects that the firm will earn $0.96 per share for the quarter, down from their prior estimate of $0.97. Jefferies Group also issued estimates for Bank of Hawaii Corporation’s Q2 2017 earnings at $1.01 EPS, Q3 2017 earnings at $1.05 EPS and Q4 2017 earnings at $1.08 EPS.

Bank of Hawaii Corporation (NYSE:BOH) last announced its quarterly earnings data on Monday, October 24th. The company reported $1.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.99 by $0.03. Bank of Hawaii Corporation had a net margin of 27.91% and a return on equity of 15.80%. During the same quarter in the prior year, the business earned $0.79 EPS. ILLEGAL ACTIVITY WARNING: “Bank of Hawaii Corporation to Post Q1 2017 Earnings of $0.96 Per Share, Jefferies Group Forecasts (BOH)” was originally published by Watch List News and is the propert of of Watch List News. If you are accessing this news story on another website, it was illegally stolen and republished in violation of U.S. and international copyright and trademark law. The legal version of this news story can be viewed at http://www.watchlistnews.com/bank-of-hawaii-corporation-to-post-q1-2017-earnings-of-0-96-per-share-jefferies-group-forecasts-boh/1061426.html.

Earnings History and Estimates for Bank of Hawaii Corporation (NYSE:BOH)

A number of other research firms have also recently commented on BOH. Zacks Investment Research upgraded Bank of Hawaii Corporation from a “hold” rating to a “buy” rating and set a $83.00 target price on the stock in a research note on Monday, October 10th. Barclays PLC lifted their target price on Bank of Hawaii Corporation from $73.00 to $83.00 and gave the stock an “equal weight” rating in a research note on Tuesday, December 6th. Eight equities research analysts have rated the stock with a hold rating, The stock presently has a consensus rating of “Hold” and an average price target of $73.38.

Shares of Bank of Hawaii Corporation (NYSE:BOH) opened at 89.46 on Friday. The firm’s 50-day moving average is $87.60 and its 200-day moving average is $76.25. Bank of Hawaii Corporation has a 52 week low of $54.55 and a 52 week high of $90.80. The firm has a market capitalization of $3.82 billion, a P/E ratio of 21.30 and a beta of 0.92.

Large investors have recently made changes to their positions in the stock. Kayne Anderson Rudnick Investment Management LLC boosted its stake in shares of Bank of Hawaii Corporation by 26.3% in the third quarter. Kayne Anderson Rudnick Investment Management LLC now owns 1,150,750 shares of the company’s stock worth $83,568,000 after buying an additional 239,573 shares in the last quarter. BB&T Corp boosted its stake in shares of Bank of Hawaii Corporation by 751.5% in the second quarter. BB&T Corp now owns 51,143 shares of the company’s stock worth $3,518,000 after buying an additional 45,137 shares in the last quarter. Banque Pictet & Cie SA boosted its stake in shares of Bank of Hawaii Corporation by 1.3% in the third quarter. Banque Pictet & Cie SA now owns 28,180 shares of the company’s stock worth $2,046,000 after buying an additional 350 shares in the last quarter. Advisor Consultant Network Inc. purchased a new stake in shares of Bank of Hawaii Corporation during the third quarter worth about $11,450,000. Finally, Retirement Systems of Alabama boosted its stake in shares of Bank of Hawaii Corporation by 7.5% in the second quarter. Retirement Systems of Alabama now owns 186,371 shares of the company’s stock worth $12,822,000 after buying an additional 13,039 shares in the last quarter. Institutional investors and hedge funds own 78.45% of the company’s stock.

ILLEGAL ACTIVITY WARNING: “Bank of Hawaii Corporation to Post Q1 2017 Earnings of $0.96 Per Share, Jefferies Group Forecasts (BOH)” was originally published by Watch List News and is the propert of of Watch List News. If you are accessing this news story on another website, it was illegally stolen and republished in violation of U.S. and international copyright and trademark law. The legal version of this news story can be viewed at http://www.watchlistnews.com/bank-of-hawaii-corporation-to-post-q1-2017-earnings-of-0-96-per-share-jefferies-group-forecasts-boh/1061426.html.

In related news, Director Barbara J. Tanabe sold 3,550 shares of the business’s stock in a transaction dated Thursday, November 3rd. The stock was sold at an average price of $73.88, for a total value of $262,274.00. Following the sale, the director now directly owns 7,974 shares in the company, valued at approximately $589,119.12. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 2.52% of the stock is owned by corporate insiders.

About Bank of Hawaii Corporation

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.

5 Day Chart for NYSE:BOH

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