FY2016 EPS Estimates for Bank of Hawaii Corporation Lowered by Jefferies Group (BOH)

Bank of Hawaii Corporation (NYSE:BOH) – Analysts at Jefferies Group cut their FY2016 EPS estimates for Bank of Hawaii Corporation in a research report issued on Monday. Jefferies Group analyst C. Haire now anticipates that the brokerage will post earnings of $4.24 per share for the year, down from their prior estimate of $4.26. Jefferies Group also issued estimates for Bank of Hawaii Corporation’s Q4 2016 earnings at $1.03 EPS.

Several other equities research analysts also recently weighed in on BOH. Zacks Investment Research raised shares of Bank of Hawaii Corporation from a “hold” rating to a “buy” rating and set a $80.00 target price for the company in a research report on Tuesday, September 13th. Barclays PLC boosted their target price on shares of Bank of Hawaii Corporation from $71.00 to $73.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 25th. Eight equities research analysts have rated the stock with a hold rating, The company currently has an average rating of “Hold” and a consensus target price of $73.38.

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

ILLEGAL ACTIVITY WARNING: “FY2016 EPS Estimates for Bank of Hawaii Corporation Lowered by Jefferies Group (BOH)” was originally published by Community Financial News and is owned by of Community Financial News. If you are accessing this story on another site, it was illegally copied and reposted in violation of United States & international copyright & trademark laws. The original version of this story can be read at https://www.com-unik.info/2017/01/11/fy2016-eps-estimates-for-bank-of-hawaii-corporation-lowered-by-jefferies-group-boh.html.

Bank of Hawaii Corporation (NYSE:BOH) traded up 0.05% on Wednesday, reaching $88.68. The company’s stock had a trading volume of 118,157 shares. The stock has a market capitalization of $3.79 billion, a P/E ratio of 21.11 and a beta of 0.92. Bank of Hawaii Corporation has a 52 week low of $54.55 and a 52 week high of $90.80. The firm has a 50 day moving average price of $87.41 and a 200 day moving average price of $75.90.

Bank of Hawaii Corporation (NYSE:BOH) last released its quarterly earnings results on Monday, October 24th. The company reported $1.02 EPS for the quarter, topping analysts’ consensus estimates of $0.99 by $0.03. Bank of Hawaii Corporation had a return on equity of 15.80% and a net margin of 27.91%. During the same quarter in the previous year, the business earned $0.79 EPS.

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 14th. Stockholders of record on Wednesday, November 30th were given a $0.48 dividend. This represents a $1.92 annualized dividend and a dividend yield of 2.17%. The ex-dividend date was Monday, November 28th. Bank of Hawaii Corporation’s payout ratio is currently 45.71%.

In related news, Director Barbara J. Tanabe sold 3,550 shares of the business’s stock in a transaction dated Thursday, November 3rd. The shares were sold at an average price of $73.88, for a total transaction of $262,274.00. Following the completion of the sale, the director now owns 7,974 shares of the company’s stock, valued at approximately $589,119.12. The sale was disclosed in a legal filing with the SEC, which is available through this link. 2.52% of the stock is currently owned by insiders.

ILLEGAL ACTIVITY WARNING: “FY2016 EPS Estimates for Bank of Hawaii Corporation Lowered by Jefferies Group (BOH)” was originally published by Community Financial News and is owned by of Community Financial News. If you are accessing this story on another site, it was illegally copied and reposted in violation of United States & international copyright & trademark laws. The original version of this story can be read at https://www.com-unik.info/2017/01/11/fy2016-eps-estimates-for-bank-of-hawaii-corporation-lowered-by-jefferies-group-boh.html.

Several large investors have recently made changes to their positions in BOH. PNC Financial Services Group Inc. increased its stake in shares of Bank of Hawaii Corporation by 0.4% in the second quarter. PNC Financial Services Group Inc. now owns 19,658 shares of the company’s stock worth $1,352,000 after buying an additional 85 shares in the last quarter. Emerald Acquisition Ltd. acquired a new stake in shares of Bank of Hawaii Corporation during the second quarter worth $2,170,000. BB&T Corp increased 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. Bank of Hawaii increased its stake in shares of Bank of Hawaii Corporation by 36.9% in the second quarter. Bank of Hawaii now owns 51,829 shares of the company’s stock worth $3,566,000 after buying an additional 13,982 shares in the last quarter. Finally, Bbva Compass Bancshares Inc. increased its stake in shares of Bank of Hawaii Corporation by 26.4% in the second quarter. Bbva Compass Bancshares Inc. now owns 15,951 shares of the company’s stock worth $1,098,000 after buying an additional 3,332 shares in the last quarter. 78.45% of the stock is owned by institutional investors and hedge funds.

Bank of Hawaii Corporation 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 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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