Brueske Advisory Services LLC Purchases New Holdings in Bank of Hawaii Co. (NYSE:BOH)

Brueske Advisory Services LLC bought a new position in Bank of Hawaii Co. (NYSE:BOH - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 4,759 shares of the bank's stock, valued at approximately $339,000.

A number of other hedge funds also recently added to or reduced their stakes in the company. Perigon Wealth Management LLC increased its position in shares of Bank of Hawaii by 0.9% during the 4th quarter. Perigon Wealth Management LLC now owns 16,474 shares of the bank's stock valued at $1,168,000 after purchasing an additional 154 shares during the last quarter. Glenmede Trust Co. NA grew its position in Bank of Hawaii by 3.0% during the third quarter. Glenmede Trust Co. NA now owns 6,315 shares of the bank's stock valued at $396,000 after buying an additional 182 shares during the period. Illinois Municipal Retirement Fund increased its holdings in Bank of Hawaii by 1.5% during the fourth quarter. Illinois Municipal Retirement Fund now owns 22,060 shares of the bank's stock valued at $1,572,000 after buying an additional 324 shares during the last quarter. Cadinha & Co. LLC raised its position in Bank of Hawaii by 12.2% in the fourth quarter. Cadinha & Co. LLC now owns 3,893 shares of the bank's stock worth $277,000 after acquiring an additional 423 shares during the period. Finally, Point72 Asia Singapore Pte. Ltd. raised its holdings in Bank of Hawaii by 29.0% in the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 2,387 shares of the bank's stock worth $150,000 after purchasing an additional 536 shares during the period. 82.18% of the stock is currently owned by hedge funds and other institutional investors.

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Insider Transactions at Bank of Hawaii

In other Bank of Hawaii news, CAO Patrick M. Mcguirk sold 2,000 shares of Bank of Hawaii stock in a transaction that occurred on Friday, January 31st. The shares were sold at an average price of $75.08, for a total value of $150,160.00. Following the completion of the sale, the chief accounting officer now directly owns 9,173 shares of the company's stock, valued at approximately $688,708.84. The trade was a 17.90 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Taryn L. Salmon sold 449 shares of the firm's stock in a transaction that occurred on Thursday, January 30th. The stock was sold at an average price of $74.97, for a total transaction of $33,661.53. Following the completion of the sale, the insider now directly owns 9,880 shares in the company, valued at $740,703.60. This represents a 4.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 2.11% of the company's stock.

Bank of Hawaii Stock Down 0.2 %

Shares of NYSE:BOH traded down $0.15 during trading hours on Monday, reaching $72.07. The stock had a trading volume of 410,204 shares, compared to its average volume of 378,472. Bank of Hawaii Co. has a 1 year low of $54.50 and a 1 year high of $82.70. The firm's 50 day moving average is $71.93 and its 200-day moving average is $70.48. The stock has a market capitalization of $2.86 billion, a price-to-earnings ratio of 20.83 and a beta of 1.04. 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 issued its quarterly earnings data on Monday, January 27th. The bank reported $0.85 earnings per share for the quarter, missing the consensus estimate of $0.87 by ($0.02). Bank of Hawaii had a return on equity of 11.81% and a net margin of 14.47%. Research analysts predict that Bank of Hawaii Co. will post 3.97 earnings per share for the current fiscal year.

Bank of Hawaii Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be issued a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a yield of 3.88%. The ex-dividend date of this dividend is Friday, February 28th. Bank of Hawaii's dividend payout ratio (DPR) is currently 80.92%.

Analyst Upgrades and Downgrades

BOH has been the topic of a number of analyst reports. Keefe, Bruyette & Woods lifted their price objective on Bank of Hawaii from $74.00 to $81.00 and gave the company a "market perform" rating in a research report on Wednesday, December 4th. Stephens initiated coverage on Bank of Hawaii in a research note on Wednesday, November 27th. They issued an "overweight" rating and a $90.00 price objective for the company. DA Davidson raised their target price on shares of Bank of Hawaii from $75.00 to $79.00 and gave the company a "neutral" rating in a research note on Tuesday, January 28th. Piper Sandler increased their price objective on shares of Bank of Hawaii from $66.00 to $68.00 and gave the company an "underweight" rating in a research report on Tuesday, January 28th. Finally, Barclays increased their target price on Bank of Hawaii from $56.00 to $66.00 and gave the stock an "underweight" rating in a research note on Thursday, December 5th. Three research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $73.00.

Bank of Hawaii Company Profile

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.