Natixis Advisors LLC Has $447,000 Stake in First Hawaiian, Inc. (NASDAQ:FHB)

Natixis Advisors LLC grew its position in First Hawaiian, Inc. (NASDAQ:FHB) by 6.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,304 shares of the bank’s stock after acquiring an additional 1,196 shares during the period. Natixis Advisors LLC’s holdings in First Hawaiian were worth $447,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. OneDigital Investment Advisors LLC increased its position in First Hawaiian by 2.2% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 30,615 shares of the bank’s stock worth $709,000 after purchasing an additional 667 shares in the last quarter. Oppenheimer Asset Management Inc. grew its position in First Hawaiian by 5.3% during the third quarter. Oppenheimer Asset Management Inc. now owns 11,296 shares of the bank’s stock valued at $262,000 after buying an additional 569 shares during the period. Los Angeles Capital Management LLC grew its position in First Hawaiian by 398.8% during the third quarter. Los Angeles Capital Management LLC now owns 95,944 shares of the bank’s stock valued at $2,221,000 after buying an additional 76,710 shares during the period. Crossmark Global Holdings Inc. bought a new position in First Hawaiian during the third quarter worth about $200,000. Finally, Atria Investments Inc boosted its position in shares of First Hawaiian by 9.2% in the third quarter. Atria Investments Inc now owns 35,769 shares of the bank’s stock valued at $828,000 after acquiring an additional 3,000 shares during the period. Institutional investors own 97.63% of the company’s stock.

First Hawaiian Stock Down 0.3 %

Shares of NASDAQ:FHB opened at $27.60 on Friday. First Hawaiian, Inc. has a 52-week low of $18.85 and a 52-week high of $28.80. The business has a fifty day moving average of $24.99 and a two-hundred day moving average of $23.25. The stock has a market cap of $3.53 billion, a P/E ratio of 15.77 and a beta of 0.96.

First Hawaiian Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, November 29th. Investors of record on Monday, November 18th will be paid a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 3.77%. The ex-dividend date of this dividend is Monday, November 18th. First Hawaiian’s payout ratio is 59.43%.

Analysts Set New Price Targets

FHB has been the topic of a number of recent analyst reports. The Goldman Sachs Group raised their target price on shares of First Hawaiian from $22.00 to $26.00 and gave the company a “sell” rating in a research note on Tuesday. Wells Fargo & Company boosted their target price on shares of First Hawaiian from $20.00 to $21.00 and gave the company an “underweight” rating in a report on Monday, October 28th. JPMorgan Chase & Co. lowered their target price on shares of First Hawaiian from $24.00 to $23.00 and set an “underweight” rating on the stock in a research note on Wednesday, October 9th. Finally, Stephens assumed coverage on shares of First Hawaiian in a research note on Wednesday. They issued an “equal weight” rating and a $30.00 price objective on the stock. Four investment analysts have rated the stock with a sell rating and four have issued a hold rating to the company. According to data from MarketBeat.com, First Hawaiian has a consensus rating of “Hold” and a consensus price target of $25.43.

About First Hawaiian

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.