A number of hedge funds and other institutional investors have also bought and sold shares of the business. Vanguard Group Inc. grew its holdings in Central Pacific Financial by 0.8% during the first quarter. Dimensional Fund Advisors LP and other funds boosted their holdings as well. Institutional investors now own 88.42% of the company’s stock.
Central Pacific Financial Trading Up 6.2 %
Shares of NYSE:CPF opened at $29.50 on Tuesday. Central Pacific Financial Corp. has a market capitalization of $797.74 million and a PE ratio of 14.39. The company has a 50 day moving average of $26.68 and estimates earnings per share of 2.2 for the current year.
Central Pacific Financial (NYSE:CPF – Get Free Report) recently reported quarterly earnings, surpassing analysts’ estimates. The company also announced a quarterly dividend.
Insider Transactions at Central Pacific Financial
In related news, Director Agnes Catherine Ngo sold 3,333 shares of the company’s stock. Director now holds 75,357 shares of the company’s stock. Company insiders own 2.70% of the company’s stock.
About Central Pacific Financial
Central Pacific Financial Corp. operates as the bank holding company for Central Pacific Bank, providing various commercial banking products and services in the United States.
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