Bank of Hawaii Co. (NYSE:BOH) Shares Bought by California Public Employees Retirement System

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California Public Employees Retirement System lifted its position in Bank of Hawaii Co. (NYSE:BOH) by 18.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 99,167 shares of the bank’s stock after acquiring an additional 15,286 shares during the quarter. California Public Employees Retirement System’s holdings in Bank of Hawaii were worth $8,521,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of BOH. Janus Henderson Group PLC grew its position in shares of Bank of Hawaii by 25.6% in the 2nd quarter. Janus Henderson Group PLC now owns 777,505 shares of the bank’s stock worth $64,463,000 after acquiring an additional 158,556 shares in the last quarter. Nuveen Asset Management LLC acquired a new position in shares of Bank of Hawaii in the 2nd quarter worth approximately $8,381,000. Invesco Ltd. grew its position in shares of Bank of Hawaii by 10.6% in the 2nd quarter. Invesco Ltd. now owns 554,024 shares of the bank’s stock worth $45,934,000 after acquiring an additional 53,163 shares in the last quarter. Pinebridge Investments L.P. grew its position in shares of Bank of Hawaii by 1,152.6% in the 2nd quarter. Pinebridge Investments L.P. now owns 53,963 shares of the bank’s stock worth $4,474,000 after acquiring an additional 49,655 shares in the last quarter. Finally, Cadinha & Co. LLC grew its position in shares of Bank of Hawaii by 145.2% in the 3rd quarter. Cadinha & Co. LLC now owns 75,767 shares of the bank’s stock worth $6,511,000 after acquiring an additional 44,863 shares in the last quarter. Institutional investors own 74.98% of the company’s stock.

Shares of BOH opened at $89.07 on Thursday. The firm has a market cap of $3.61 billion, a price-to-earnings ratio of 17.03, a PEG ratio of 2.03 and a beta of 0.92. The stock has a 50 day moving average of $86.10 and a 200-day moving average of $82.87. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 0.09. Bank of Hawaii Co. has a 52 week low of $63.64 and a 52 week high of $90.38.

Bank of Hawaii (NYSE:BOH) last issued its earnings results on Monday, October 28th. The bank reported $1.29 EPS for the quarter, missing the consensus estimate of $1.38 by ($0.09). The firm had revenue of $171.40 million during the quarter, compared to analyst estimates of $168.80 million. Bank of Hawaii had a return on equity of 17.33% and a net margin of 29.05%. During the same quarter in the previous year, the business posted $1.36 EPS. On average, sell-side analysts predict that Bank of Hawaii Co. will post 5.53 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 13th. Investors of record on Friday, November 29th will be given a dividend of $0.67 per share. The ex-dividend date is Tuesday, November 26th. This represents a $2.68 dividend on an annualized basis and a yield of 3.01%. This is a positive change from Bank of Hawaii’s previous quarterly dividend of $0.65. Bank of Hawaii’s payout ratio is currently 49.71%.

Bank of Hawaii Profile

Bank of Hawaii Corporation operates as the bank holding company for Bank of Hawaii that provides financial products and services in Hawaii, Guam, and other Pacific Islands. It operates through four segments: Retail Banking, Commercial Banking, Investment Services and Private Banking, and Treasury and Other.

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Institutional Ownership by Quarter for Bank of Hawaii (NYSE:BOH)

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