<div id="readability-page-1"><p>Norges Bank bought a new position in shares of  Bank of Hawaii Corporation (NYSE:BOH - Free Report) in the second quarter, according to the company in its most recent filing with the Securities &amp; Exchange Commission. The firm bought 452,673 shares of the bank's stock, valued at approximately $30,569,000. Norges Bank owned 1.14% of Bank of Hawaii as of its most recent SEC filing.</p><div><p><span></span><span>Get <strong>Bank of Hawaii</strong> alerts:</span></p></div><ul><li>2 Regional Banks to Buy Amid the Chaos</li></ul><p>Several other hedge funds and other institutional investors also recently modified their holdings of the business. Capital Fund Management S.A. bought a new position in shares of  Bank of Hawaii in the second quarter worth $2,238,000.  Northwestern Mutual Wealth Management Co. grew its position in  Bank of Hawaii by 10.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 5,401 shares of the bank's stock worth $365,000 after buying an additional 521 shares in the last quarter.  Inceptionr LLC purchased a new position in  Bank of Hawaii during the second quarter worth about $228,000.  J.W. Cole Advisors Inc. increased its stake in  Bank of Hawaii by 43.2% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 10,731 shares of the bank's stock worth $725,000 after acquiring an additional 3,237 shares during the last quarter.  Finally, Jefferies Financial Group Inc. purchased a new stake in shares of  Bank of Hawaii in the 2nd quarter valued at about $717,000. Institutional investors own  82.18% of the company's stock. </p><h2>Bank of Hawaii Price Performance</h2><p>BOH stock opened at $66.48 on Monday. The firm has a market cap of $2.64 billion, a P/E ratio of 16.29, a P/E/G ratio of 0.71 and a beta of 0.75. The firm's fifty day moving average is $64.64 and its 200 day moving average is $65.99. Bank of Hawaii Corporation has a 52 week low of $57.44 and a 52 week high of $77.43. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.70 and a current ratio of 0.70. </p><p>Bank of Hawaii (NYSE:BOH - Get Free Report) last posted its quarterly earnings results on Tuesday, October 28th. The bank reported $1.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.13 by $0.07. Bank of Hawaii had a net margin of 17.41% and a return on equity of 13.33%. The business had revenue of $182.64 million during the quarter, compared to analyst estimates of $180.95 million. During the same period in the prior year, the business posted $0.93 earnings per share.  Research analysts predict that  Bank of Hawaii Corporation will post 3.97 earnings per share for the current year. </p><h2>Bank of Hawaii Dividend Announcement</h2><p>The business also recently declared a quarterly dividend, which will be paid on Friday, December 12th. Investors of record on Friday, November 28th will be given a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a yield of 4.2%. The ex-dividend date is Friday, November 28th. Bank of Hawaii's dividend payout ratio (DPR) is presently 68.63%. </p><h2>Wall Street Analyst Weigh In</h2><p>Several research analysts have recently commented on the company. Weiss Ratings  reissued a &#34;hold (c)&#34; rating on shares of Bank of Hawaii in a report on Tuesday, November 25th. Barclays lifted their target price on shares of Bank of Hawaii from $66.00 to $68.00 and gave the company an &#34;underweight&#34; rating in a research report on Tuesday, October 28th. Wall Street Zen lowered shares of Bank of Hawaii from a &#34;hold&#34; rating to a &#34;sell&#34; rating in a report on Saturday. Piper Sandler began coverage on shares of Bank of Hawaii in a research report on Thursday, August 21st. They set a &#34;neutral&#34; rating and a $71.00 price objective on the stock. Finally, DA Davidson  reiterated a &#34;neutral&#34; rating and issued a $70.00 target price on shares of Bank of Hawaii in a research report on Tuesday, October 28th. One investment analyst  has rated the stock with a Buy rating, three have assigned  a Hold rating and one  has assigned  a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of &#34;Hold&#34; and an average target price of $71.25.</p><p><b>Check Out Our Latest Report on BOH</b></p><h2>Bank of Hawaii Profile</h2> (Free Report)<p>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.</p><h2>See Also</h2><ul><li>Five stocks we like better than Bank of Hawaii</li><li>3 Best Fintech Stocks for a Portfolio Boost</li><li>Rubrik’s Massive Rebound: Why the Next Leg Higher Could Be Fast</li><li>EV Stocks and How to Profit from Them </li><li>Five Below and Dollar Tree Earnings Signal a Shopper Shift</li><li>Using the MarketBeat Dividend Yield Calculator</li><li>Ulta’s Stock May Be Set for a Glow-Up—20% Upside Ahead?</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUJPSA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUJPSA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Bank of Hawaii Right Now?</h2><p>Before you consider Bank of Hawaii, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Bank of Hawaii wasn't on the list.</p><p>While Bank of Hawaii currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Norges Bank acquired 452,673 shares of Bank of Hawaii Corporation, valued at approximately $30.57 million, during the second quarter. This acquisition represents 1.14% ownership of the bank. Several other institutional investors also modified their holdings in Bank of Hawaii. The bank's stock opened at $66.48 with a market cap of $2.64 billion. Analysts have given mixed ratings, with a consensus rating of 'Hold' and an average target price of $71.25.</p>

Norges Bank Acquires Shares of 452,673 Bank of Hawaii Corporation $BOH