Bank of Hawaii (NYSE:BOH - Get Free Report) had its price target raised by equities research analysts at Keefe, Bruyette & Woods from $55.00 to $58.00 in a note issued to investors on Tuesday, Benzinga reports. The firm presently has an "underperform" rating on the bank's stock. Keefe, Bruyette & Woods' price target suggests a potential downside of 0.34% from the company's previous close.
A number of other analysts have also recently commented on BOH. Piper Sandler dropped their price target on shares of Bank of Hawaii from $65.00 to $60.00 and set a "neutral" rating on the stock in a research note on Tuesday. Barclays assumed coverage on shares of Bank of Hawaii in a research note on Friday, March 8th. They set an "underweight" rating and a $51.00 price target on the stock. StockNews.com upgraded shares of Bank of Hawaii to a "sell" rating in a research note on Thursday, January 25th. Finally, Jefferies Financial Group dropped their price target on shares of Bank of Hawaii from $67.00 to $62.00 and set a "hold" rating on the stock in a research note on Monday, April 8th. Four equities research analysts have rated the stock with a sell rating and two have issued a hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Reduce" and an average target price of $52.20.
Check Out Our Latest Report on BOH
Bank of Hawaii Stock Down 0.4 %
BOH stock traded down $0.21 during trading on Tuesday, reaching $58.20. The stock had a trading volume of 334,519 shares, compared to its average volume of 343,711. Bank of Hawaii has a one year low of $30.83 and a one year high of $75.19. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.45. The company's 50 day moving average is $60.41 and its two-hundred day moving average is $60.81. The company has a market capitalization of $2.31 billion, a price-to-earnings ratio of 14.02, a P/E/G ratio of 1.96 and a beta of 1.06.
Bank of Hawaii (NYSE:BOH - Get Free Report) last issued its quarterly earnings data on Monday, April 22nd. The bank reported $0.87 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.92 by ($0.05). The firm had revenue of $252.64 million during the quarter, compared to the consensus estimate of $160.79 million. Bank of Hawaii had a return on equity of 14.35% and a net margin of 17.35%. During the same period in the previous year, the company posted $1.14 earnings per share. Equities research analysts forecast that Bank of Hawaii will post 3.72 EPS for the current year.
Hedge Funds Weigh In On Bank of Hawaii
Institutional investors and hedge funds have recently made changes to their positions in the business. Cullen Frost Bankers Inc. bought a new stake in Bank of Hawaii in the 3rd quarter worth $37,000. IFP Advisors Inc bought a new stake in Bank of Hawaii in the 3rd quarter worth $39,000. Allspring Global Investments Holdings LLC grew its holdings in Bank of Hawaii by 2,197.1% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 781 shares of the bank's stock worth $39,000 after acquiring an additional 747 shares during the last quarter. GAMMA Investing LLC bought a new stake in Bank of Hawaii in the 4th quarter worth $41,000. Finally, Quest Partners LLC bought a new stake in Bank of Hawaii in the 4th quarter worth $41,000. Institutional investors own 82.18% of the company's stock.
About Bank of Hawaii
(
Get Free Report)
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.
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