Teachers Retirement System of The State of Kentucky grew its holdings in Bank of Hawaii Co. (NYSE:BOH) by 7.8% during the fourth quarter, HoldingsChannel reports. The firm owned 8,340 shares of the bank’s stock after acquiring an additional 600 shares during the period. Teachers Retirement System of The State of Kentucky’s holdings in Bank of Hawaii were worth $715,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of BOH. American International Group Inc. boosted its position in shares of Bank of Hawaii by 0.7% during the fourth quarter. American International Group Inc. now owns 87,885 shares of the bank’s stock worth $7,532,000 after buying an additional 621 shares during the period. BB&T Securities LLC increased its holdings in Bank of Hawaii by 6.0% in the 3rd quarter. BB&T Securities LLC now owns 11,637 shares of the bank’s stock valued at $970,000 after acquiring an additional 662 shares during the last quarter. Commonwealth Equity Services Inc increased its holdings in Bank of Hawaii by 20.7% in the 3rd quarter. Commonwealth Equity Services Inc now owns 3,984 shares of the bank’s stock valued at $332,000 after acquiring an additional 682 shares during the last quarter. Profund Advisors LLC increased its holdings in Bank of Hawaii by 17.4% in the 4th quarter. Profund Advisors LLC now owns 6,591 shares of the bank’s stock valued at $565,000 after acquiring an additional 978 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in shares of Bank of Hawaii by 0.9% in the 3rd quarter. Ameriprise Financial Inc. now owns 126,222 shares of the bank’s stock worth $10,522,000 after buying an additional 1,168 shares during the last quarter. 75.99% of the stock is currently owned by institutional investors.

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Shares of Bank of Hawaii Co. (BOH) opened at $82.99 on Friday. Bank of Hawaii Co. has a fifty-two week low of $74.72 and a fifty-two week high of $89.09. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 0.21. The firm has a market cap of $3,625.57, a PE ratio of 19.38, a PEG ratio of 1.94 and a beta of 0.84.

Bank of Hawaii (NYSE:BOH) last posted its earnings results on Monday, January 22nd. The bank reported $1.01 earnings per share for the quarter, missing analysts’ consensus estimates of $1.09 by ($0.08). Bank of Hawaii had a return on equity of 15.48% and a net margin of 26.80%. The business had revenue of $160.63 million during the quarter, compared to the consensus estimate of $162.90 million. During the same quarter last year, the firm earned $1.02 earnings per share. research analysts anticipate that Bank of Hawaii Co. will post 5.19 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 14th. Investors of record on Wednesday, February 28th were paid a dividend of $0.52 per share. The ex-dividend date of this dividend was Tuesday, February 27th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.51%. Bank of Hawaii’s dividend payout ratio is presently 47.93%.

A number of analysts have recently weighed in on the stock. Piper Jaffray Companies restated a “hold” rating and issued a $92.50 target price on shares of Bank of Hawaii in a report on Tuesday, January 9th. Zacks Investment Research downgraded shares of Bank of Hawaii from a “hold” rating to a “sell” rating in a report on Tuesday, December 26th. Keefe, Bruyette & Woods restated a “hold” rating on shares of Bank of Hawaii in a report on Tuesday, February 27th. Morgan Stanley reduced their target price on shares of Bank of Hawaii from $88.00 to $86.00 and set an “underweight” rating on the stock in a report on Friday, January 26th. Finally, Barclays boosted their target price on shares of Bank of Hawaii from $85.00 to $92.00 and gave the stock an “equal weight” rating in a report on Tuesday, January 2nd. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and one has given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $91.92.

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Bank of Hawaii Company Profile

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 products and services primarily to customers in Hawaii, Guam and other Pacific Islands. It operates in four segments: Retail Banking, Commercial Banking, Investment Services, and Treasury and Other.

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Institutional Ownership by Quarter for Bank of Hawaii (NYSE:BOH)

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