Bank of Hawaii (NYSE:BOH - Get Free Report) had its target price hoisted by analysts at DA Davidson from $75.00 to $79.00 in a research note issued on Tuesday,Benzinga reports. The firm currently has a "neutral" rating on the bank's stock. DA Davidson's price objective suggests a potential upside of 6.01% from the stock's current price. DA Davidson also issued estimates for Bank of Hawaii's Q1 2025 earnings at $0.97 EPS and FY2025 earnings at $4.60 EPS.
BOH has been the subject of several other reports. Barclays boosted their price objective on Bank of Hawaii from $56.00 to $66.00 and gave the stock an "underweight" rating in a research report on Thursday, December 5th. Piper Sandler increased their price target on Bank of Hawaii from $66.00 to $68.00 and gave the stock an "underweight" rating in a research note on Tuesday. Keefe, Bruyette & Woods lifted their price objective on shares of Bank of Hawaii from $74.00 to $81.00 and gave the company a "market perform" rating in a research note on Wednesday, December 4th. Finally, Stephens assumed coverage on shares of Bank of Hawaii in a research report on Wednesday, November 27th. They issued an "overweight" rating and a $90.00 target price for the company. Three research analysts have rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $73.00.
Read Our Latest Analysis on BOH
Bank of Hawaii Stock Performance
Shares of NYSE BOH traded down $0.19 during midday trading on Tuesday, hitting $74.52. The company's stock had a trading volume of 200,880 shares, compared to its average volume of 442,412. The firm has a market cap of $2.96 billion, a P/E ratio of 21.54 and a beta of 1.05. Bank of Hawaii has a 1-year low of $54.50 and a 1-year high of $82.70. The firm's fifty day moving average price is $73.19 and its 200-day moving average price is $69.44. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.71 and a current ratio of 0.71.
Bank of Hawaii (NYSE:BOH - Get Free Report) last posted its earnings results on Monday, January 27th. The bank reported $0.85 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.87 by ($0.02). Bank of Hawaii had a net margin of 14.47% and a return on equity of 11.81%. On average, sell-side analysts forecast that Bank of Hawaii will post 3.77 EPS for the current fiscal year.
Hedge Funds Weigh In On Bank of Hawaii
Several institutional investors and hedge funds have recently added to or reduced their stakes in BOH. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Bank of Hawaii in the 2nd quarter valued at approximately $106,000. Point72 DIFC Ltd bought a new position in Bank of Hawaii during the 2nd quarter valued at about $119,000. KBC Group NV lifted its holdings in Bank of Hawaii by 70.9% during the 4th quarter. KBC Group NV now owns 1,957 shares of the bank's stock valued at $139,000 after purchasing an additional 812 shares during the last quarter. UMB Bank n.a. boosted its position in Bank of Hawaii by 5,508.3% in the third quarter. UMB Bank n.a. now owns 2,692 shares of the bank's stock valued at $169,000 after buying an additional 2,644 shares in the last quarter. Finally, Trust Point Inc. bought a new stake in Bank of Hawaii during the fourth quarter worth about $204,000. 82.18% of the stock is currently owned by institutional investors.
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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