Where Does Bank of Hawaii Corporation (BOH) Stock Can Go From Here?

On Wednesday, shares of Bank of Hawaii Corporation (NYSE:BOH) marked $56.98 per share versus a previous $57.83 closing price. With having a -1.47% loss, an insight into the fundamental values of Bank of Hawaii Corporation, investors would also find a great ally in the technical patterns of the stock movements showed in stock charts. BOH showed a fall of -40.12% within its YTD performance, with highs and lows between $46.70 – $95.68 during the period of 52 weeks, compared to the simple moving average of -26.00% in the period of the last 200 days.

Piper Sandler equity researchers changed the status of Bank of Hawaii Corporation (NYSE: BOH) shares to a “Neutral” rating in the report published on June 10th, 2020. Other analysts, including Compass Point, also published their reports on BOH shares. Compass Point repeated the rating from the previous report, marking BOH under “Buy” rating, in the report published on April 21st, 2020. Additionally, BOH shares got another “Equal Weight” rating from Barclays, setting a target price of $92 on the company’s shares, according to the report published in January 2nd, 2018. On the other hand, Barclays Reiterated the “Equal Weight” rating for BOH shares, as published in the report on July 25th, 2017. Barclays seems to be going bullish on the price of BOH shares, based on the price prediction for BOH, indicating that the shares will jump from $71 to $73, giving the shares “Equal Weight” rating based on their report from October 25th, 2016. Another “Neutral” rating came from Compass Point, providing a prediction for $73 price target according to the report published in August 11th, 2016.

Bank of Hawaii Corporation (BOH) Analysis

The present dividend yield for BOH owners is set at 0.05, marking the return investors will get regardless of the company’s performance in the upcoming period. However, in order for the company to be able to pay its dividends, just like it is the case with Bank of Hawaii Corporation, the company needs to provide a healthy cash flow, currently at the value of 45.18. In addition, the growth of sales from quarter to quarter is recording -0.50%, hinting the company’s progress in the upcoming progress.

In order to gain a clear insight on the performance of Bank of Hawaii Corporation (BOH) as it may occur in the future, there are more than several well-rounded types of analysis and research techniques, while equity is most certainly one of the more important indicators into the company’s growth and performance. In this case, you want to make sure that the return on the present equity of 15.60% is enough for you to make a profit out of your investment. You may also count in the quick ratio of the company, currently set at so you would make sure that the company is able to cover the debts it may have, which can be easily seen in annual reports of the company.

Set to affect the volatility of a given stock, the average volume can also be a valuable indicator, while BOH is currently recording an average of 291.96K in volumes. The volatility of the stock on monthly basis is set at 4.23%, while the weekly volatility levels are marked at 3.41%with -7.21% of loss in the last seven days. Additionally, long-term investors are predicting the target price of $67.33, indicating growth from the present price of $56.98, which can represent yet another valuable research and analysis points that can help you decide whether to invest in BOH or pass.

What to Look for When Analyzing Bank of Hawaii Corporation Shares?

Bank of Hawaii Corporation (BOH) is based in the USA and it represents one of the well-known company operating with Financial sector. If you wish to compare BOH shares with other companies under Electronic Equipment and Consumer Goods, a factor to note is the P/E value of 11.40 for Bank of Hawaii Corporation, while the value 13.41 can represent an indicator in the future growth of the company in terms of investor’s expectations. The later value should have a steady growth rate, increasing and growing gradually, which serves the purpose of reliably showcasing the progress of the company. The value 5.00 is supported by the yearly EPS growth of 6.40%.

Besides from looking into the fundamentals, you should also note the number of people inside the company owning the shares, as the values should be in line with the expectations of investors. In that spirit, the present ownership of stocks inside the company is set at 1.70%, which can provide you with an insight of how involved executives are in owning shares of the company. In oppose to the executives’ share, the institutional ownership counts 76.20% of shares, carrying an equal significance as an indicator of value, as the presence of large investors may signal a strong company.

Are Institutional Investors Increasing Stakes in BOH Shares?

It appears that more than several institutional investors and hedge funds decided to increase stakes in BOH in the recent period. That is how The Vanguard Group, Inc. now has an increase position in BOH by 1.28% in the first quarter, owning 4.02 million shares of BOH stocks, with the value of $258.69 million after the purchase of an additional 50,729 shares during the last quarter. In the meanwhile, Dimensional Fund Advisors LP also increased their stake in BOH shares changed 1.05% in the first quarter, which means that the company now owns 1 million shares of company, all valued at $64.41 million after the acquisition of additional 10,431 shares during the last quarter.

INTECH Investment Management LLC acquired a new position in Bank of Hawaii Corporation during the first quarter, with the value of $62.64 million, and First Trust Advisors LP increased their stake in the company’s shares by 33.27% in the first quarter, now owning 196,932 shares valued at $50.75 million after the acquisition of the additional 788934 shares during the last quarter. At the present, 76.20% of BOH shares are in the ownership of institutional investors.