The stock of Bank of Hawaii Corporation (NYSE:BOH) hit a new 52-week high and has $108.28 target or 43.00% above today’s $75.72 share price. The 5 months bullish chart indicates low risk for the $3.23B company. The 1-year high was reported on Nov, 7 by Barchart.com. If the $108.28 price target is reached, the company will be worth $1.39 billion more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 77,213 shares traded hands. Bank of Hawaii Corporation (NYSE:BOH) has risen 11.26% since April 5, 2016 and is uptrending. It has outperformed by 9.31% the S&P500.
Bank of Hawaii Corporation (NYSE:BOH) Ratings Coverage
Out of 8 analysts covering Bank of Hawaii (NYSE:BOH), 0 rate it a “Buy”, 0 “Sell”, while 8 “Hold”. This means 0 are positive. Bank of Hawaii has been the topic of 11 analyst reports since July 29, 2015 according to StockzIntelligence Inc. As per Tuesday, April 26, the company rating was maintained by Macquarie Research. The firm has “Neutral” rating by Piper Jaffray given on Friday, July 8. RBC Capital Markets maintained it with “Sector Perform” rating and $63 target price in Tuesday, January 26 report. The stock of Bank of Hawaii Corporation (NYSE:BOH) has “Neutral” rating given on Thursday, August 11 by Compass Point. The rating was maintained by Barclays Capital with “Equal Weight” on Tuesday, October 25.
According to Zacks Investment Research, “Bank of Hawaii Corporation is a regional financial services company serving businesses, consumers and governments in Hawaii, American Samoa and the West Pacific. The Company’s principal subsidiary, Bank of Hawaii, was founded in 1897 and is the largest independent financial institution in Hawaii.”
Insitutional Activity: The institutional sentiment decreased to 1.11 in 2016 Q2. Its down 0.14, from 1.25 in 2016Q1. The ratio is negative, as 11 funds sold all Bank of Hawaii Corporation shares owned while 85 reduced positions. 24 funds bought stakes while 83 increased positions. They now own 31.27 million shares or 4.49% less from 32.74 million shares in 2016Q1.
Whittier Tru Of Nevada Inc holds 0.01% of its portfolio in Bank of Hawaii Corporation (NYSE:BOH) for 1,800 shares. Mufg Americas Holdg, a New York-based fund reported 1,195 shares. New York State Teachers Retirement holds 0.01% of its portfolio in Bank of Hawaii Corporation (NYSE:BOH) for 75,237 shares. Pnc Financial Ser, a Pennsylvania-based fund reported 19,658 shares. Moreover, 1St Global Advsrs has 0.03% invested in Bank of Hawaii Corporation (NYSE:BOH) for 3,650 shares. Profund Advsrs Limited Liability Com, a Maryland-based fund reported 6,631 shares. Rhumbline Advisers, a Massachusetts-based fund reported 86,462 shares. Anchor Cap Limited Liability Co has invested 0.01% of its portfolio in Bank of Hawaii Corporation (NYSE:BOH). Paradigm Asset Management Lc holds 9,890 shares or 0% of its portfolio. Btim holds 631,849 shares or 0.74% of its portfolio. Country Club Tru Communications Na holds 1.54% or 154,406 shares in its portfolio. Ahl Prns Llp has invested 0.02% of its portfolio in Bank of Hawaii Corporation (NYSE:BOH). Finemark Bank Tru last reported 22 shares in the company. Ls Inv Advsr Ltd Liability Corp owns 2,579 shares or 0.01% of their US portfolio. Janney Montgomery Scott Ltd Co holds 0.01% of its portfolio in Bank of Hawaii Corporation (NYSE:BOH) for 9,554 shares.
Insider Transactions: Since November 3, 2016, the stock had 0 insider buys, and 1 sale for $262,270 net activity. TANABE BARBARA J had sold 3,550 shares worth $262,270 on Thursday, November 3.
More news for Bank of Hawaii Corporation (NYSE:BOH) were recently published by: Businesswire.com, which released: “Bank of Hawaii Corporation Third Quarter 2016 Financial Results” on October 24, 2016. Bizjournals.com‘s article titled: “Bank of Hawaii releases Q3 earnings report” and published on October 24, 2016 is yet another important article.
BOH Company Profile
Bank of Hawaii Corporation, incorporated on February 4, 1998, is a bank holding firm that operates through its subsidiary, Bank of Hawaii (the Bank). The Bank provides a range of financial services and products primarily to clients in Hawaii, Guam and other Pacific Islands. The Firm operates through four business divisions: Retail Banking, Commercial Banking, Investment Services, and Treasury and Other. The Bank’s subsidiaries include Bank of Hawaii Leasing, Inc., Bankoh Investment Services, Inc. and Pacific Century Life Insurance Corporation. The Bank’s subsidiaries are engaged in equipment leasing, securities brokerage, investment services, and providing credit insurance. The Company’s total deposits include approximately $13.5 billion. The Company’s total carrying value of investment securities portfolio is approximately $6.2 billion. The Company’s total loans amount to approximately $7.9 billion.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.