First Hawaiian, Inc. (FHB)

Natixis Advisors L.P. Raises Position in First Hawaiian, Inc. (NASDAQ:FHB)

Natixis Advisors L.P. grew its holdings in First Hawaiian, Inc. (NASDAQ:FHB – Free Report) by 16.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,215 shares of the bank’s stock after acquiring an additional 2,343 shares during the period. Natixis Advisors L.P.’s holdings in First Hawaiian were worth $370,000 as of its most recent filing with the Securities & Exchange Commission. Other large investors have also modified their holdings of the company. Global Retirement Partners LLC lifted its position in shares of First Hawaiian by 196.9% during the 4th quarter. Global Retirement Partners LLC now owns 1,253 shares of the bank’s stock worth $27,000 after purchasing an additional 831 shares during the last quarter. GAMMA Investing LLC purchased a new stake in First Hawaiian during the 4th quarter worth about $37,000. Quent Capital LLC boosted its position in shares of First Hawaiian by 86.5% during the 4th quarter. Quent Capital LLC now owns 1,759 shares of the bank’s stock worth $40,000 after acquiring an additional 816 shares in the last quarter. Signaturefd LLC increased its holdings in shares of First Hawaiian by 26.9% in the 4th quarter. Signaturefd LLC now owns 6,232 shares of the bank’s stock valued at $142,000 after acquiring an additional 1,320 shares during the last quarter. Finally, Janiczek Wealth Management LLC raised its position in shares of First Hawaiian by 22.7% during the 4th quarter. Janiczek Wealth Management LLC now owns 8,628 shares of the bank’s stock worth $197,000 after acquiring an additional 1,595 shares in the last quarter. Hedge funds and other institutional investors own 97.63% of the company’s stock. First Hawaiian Price Performance FHB stock opened at $21.96 on Monday. First Hawaiian, Inc. has a 12 month low of $16.25 and a 12 month high of $23.22. The company has a market cap of $2.81 billion, a price-to-earnings ratio of 12.62 and a beta of 1.00. The company has a fifty day moving average price of $21.52 and a 200 day moving average price of $21.23. First Hawaiian (NASDAQ:FHB – Get Free Report) last announced its earnings results on Friday, April 26th. The bank reported $0.42 earnings per share for the quarter, hitting the consensus estimate of $0.42. The business had revenue of $205.80 million during the quarter, compared to the consensus estimate of $202.41 million. First Hawaiian had a net margin of 19.20% and a return on equity of 9.16%. As a group, analysts anticipate that First Hawaiian, Inc. will post 1.71 earnings per share for the current year. First Hawaiian Dividend Announcement The business also recently announced a quarterly dividend, which will be paid on Friday, May 31st. Stockholders of record on Monday, May 20th will be issued a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 4.74%. The ex-dividend date is Friday, May 17th. First Hawaiian’s payout ratio is currently 59.77%. Wall Street Analyst Weigh In A number of analysts have weighed in on the stock. Wells Fargo & Company raised their price objective on shares of First Hawaiian from $18.00 to $20.00 and gave the stock an “underweight” rating in a report on Monday, January 29th. Barclays assumed coverage on shares of First Hawaiian in a research report on Friday, March 8th. They issued an “equal weight” rating and a $25.00 price target for the company. Three investment analysts have rated the stock with a sell rating and one has given a hold rating to the stock. According to data from MarketBeat.com, First Hawaiian currently has a consensus rating of “Reduce” and an average price target of $21.75. Read Our Latest Report on First Hawaiian About First Hawaiian (Free Report) First Hawaiian, Inc operates as a bank holding company for First Hawaiian Bank that provides a range of banking products and services to consumer and commercial customers in the United States. It operates in three segments: Retail Banking, Commercial Banking, and Treasury and Other. The company offers various deposit products, including checking, savings, and time deposit accounts, and other deposit accounts. See Also Five stocks we like better than First Hawaiian Market Cap Calculator: How to Calculate Market Cap MarketBeat Week in Review – 5/13 – 5/17 The 3 Best Fintech Stocks to Buy Now Take-Two Interactive Software Offers 2nd Chance for Investors Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index Deere & Company’s Q2 Report: Strong Revenue, Cautious Outlook Want to see what other hedge funds are holding FHB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Hawaiian, Inc. (NASDAQ:FHB – Free Report).