Dividend Flows: CPB Inc. (NYSE:CPF) will be paying shareholders dividends of $0.16 on Dec 15, 2016.

Dividend Flows: CPB Inc. (NYSE:CPF) will be paying shareholders dividends of $0.16 on Dec 15, 2016.

CPB Inc. (NYSE:CPF) is expected to pay $0.16 on Dec 15, 2016. The indicated annual dividend is $0.64. Shareholders owning the stock before Nov 28, 2016 will be eligible to receive the payout. Based on CPB Inc.’s current price of $30.38, the dividend is 0.53%. This dividend’s record date is Nov 30, 2016 and the announcement date is Oct 28, 2016. The stock increased 0.20% or $0.06 on November 25, hitting $30.38. About 43,249 shares traded hands. Central Pacific Financial Corp. (NYSE:CPF) has risen 37.16% since April 25, 2016 and is uptrending. It has outperformed by 31.14% the S&P500.

Central Pacific Financial Corp. serves as the bank holding firm for its bank subsidiary, Central Pacific Bank . The company has a market cap of $938.49 million. The Company’s divisions include Banking Operations, Treasury and All Others. It has a 20.88 P/E ratio. The Banking Operations segment includes construction and commercial real estate lending, commercial lending, residential mortgage lending, consumer lending, trust services, retail brokerage services, and the Company’s retail branch offices, which provide a range of deposit and loan products, as well as various other banking services.

Insitutional Activity: The institutional sentiment decreased to 0.87 in Q2 2016. Its down 0.44, from 1.31 in 2016Q1. The ratio worsened, as 12 funds sold all Central Pacific Financial Corp. shares owned while 43 reduced positions. 17 funds bought stakes while 55 increased positions. They now own 28.44 million shares or 1.61% less from 28.91 million shares in 2016Q1.
California Employees Retirement System last reported 0.01% of its portfolio in the stock. Fuller & Thaler Asset Mngmt last reported 1,100 shares in the company. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% or 835 shares in its portfolio. Vanguard Inc holds 0% or 2.88 million shares in its portfolio. Moreover, Invesco Limited has 0% invested in Central Pacific Financial Corp. (NYSE:CPF) for 190,855 shares. Great West Life Assurance Com Can holds 0% or 2,070 shares in its portfolio. Moreover, Great Lakes Advsr Limited Liability Company has 0.04% invested in Central Pacific Financial Corp. (NYSE:CPF) for 65,669 shares. Principal Grp has 0.03% invested in the company for 927,865 shares. Ckw Fincl Group Inc, a Hawaii-based fund reported 3,676 shares. Teacher Retirement System Of Texas holds 0% or 4,388 shares in its portfolio. Moreover, Solaris Asset Limited Liability Company has 0.05% invested in Central Pacific Financial Corp. (NYSE:CPF) for 2,650 shares. The New Jersey-based Systematic Fincl Mngmt Limited Partnership has invested 0.02% in Central Pacific Financial Corp. (NYSE:CPF). Public Sector Pension Invest Board last reported 21,600 shares in the company. Ladenburg Thalmann Financial, a Florida-based fund reported 1,455 shares. Zacks Investment holds 0.03% or 44,024 shares in its portfolio.

Insider Transactions: Since August 3, 2016, the stock had 6 buys, and 4 insider sales for $782,111 net activity. Ota Saedene K bought 3,500 shares worth $86,181. $85,899 worth of Central Pacific Financial Corp. (NYSE:CPF) was bought by Kamitaki Wayne K on Wednesday, August 3. $105,554 worth of shares were sold by Dean John C on Tuesday, November 22. FRY EARL E bought $54,046 worth of stock. Another trade for 19,950 shares valued at $503,738 was made by Mizumoto Lance A. on Friday, August 26. Shares for $58,878 were bought by Rose Crystal on Wednesday, August 3. $100,793 worth of Central Pacific Financial Corp. (NYSE:CPF) shares were bought by MATSUMOTO COLBERT M.

Central Pacific Financial Corp. (NYSE:CPF) Ratings Coverage

Out of 4 analysts covering Central Pacific Financial Corp. (NYSE:CPF), 2 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 50% are positive. $26 is the highest target while $26 is the lowest. The $26 average target is -14.42% below today’s ($30.38) stock price. Central Pacific Financial Corp. has been the topic of 5 analyst reports since August 10, 2015 according to StockzIntelligence Inc. The company was initiated on Friday, July 8 by Piper Jaffray. The company was maintained on Tuesday, August 2 by Raymond James. Zacks upgraded it to “Hold” rating and $26 target price in Monday, August 10 report. Sandler O’Neill upgraded the shares of CPF in a report on Monday, September 21 to “Buy” rating. Compass Point initiated the stock with “Neutral” rating in Thursday, August 11 report.

More notable recent Central Pacific Financial Corp. (NYSE:CPF) news were published by: Reuters.com which released: “BRIEF-Central Pacific Financial Corp reports $11.5 million third quarter e…” on October 27, 2016, also Prnewswire.com with their article: “Central Pacific Financial Corp. Conference Call To Discuss Second Quarter 2016 …” published on April 28, 2016, Marketwatch.com published: “Central Pacific Financial Corp.” on December 21, 2009. More interesting news about Central Pacific Financial Corp. (NYSE:CPF) were released by: Bizjournals.com and their article: “Private equity firm directors resign from Central Pacific Financial Corp.’s board” published on June 15, 2015 as well as Prnewswire.com‘s news article titled: “Central Pacific Financial Corp. Conference Call To Discuss Fourth Quarter 2015 …” with publication date: January 16, 2016.

CPF Company Profile

Central Pacific Financial Corp., incorporated on February 1, 1982, serves as the bank holding firm for its bank subsidiary, Central Pacific Bank (the bank). The Company’s divisions include Banking Operations, Treasury and All Others. The Banking Operations segment includes construction and commercial real estate lending, commercial lending, residential mortgage lending, consumer lending, trust services, retail brokerage services, and the Company’s retail branch offices, which provide a range of deposit and loan products, as well as various other banking services. The Treasury segment is responsible for managing the Company’s investment securities portfolio and wholesale funding activities. The All Others segment includes activities, such as electronic banking, data processing and management of bank owned properties. The Firm offers a range of banking services and products to businesses, professionals and individuals. The Firm provides its clients with an array of loan products, including residential mortgage loans commercial and consumer loans and lines of credit commercial real estate loans and construction loans. The Company’s other subsidiaries include CPB Capital Trust II, CPB Statutory Trust III, CPB Capital Trust IV and CPB Statutory Trust V.

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