NYSE CPF traded down $0.39 during mid-day trading on Wednesday, hitting $26.36. The stock had a trading volume of 132,782 shares, compared to its average volume of 189,259. The company has a 50 day simple moving average of $28.50 and a 200 day simple moving average of $28.95. The company has a market cap of $713.32 million, a price-to-earnings ratio of 13.38 and a beta of 1.17. Central Pacific Financial has a 52-week low of $18.35 and a 52-week high of $33.25. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.35.
Central Pacific Financial (NYSE:CPF - Get Free Report) last issued its quarterly earnings data on Wednesday, January 29th. The financial services provider reported $0.70 earnings per share for the quarter, topping analysts' consensus estimates of $0.61 by $0.09. Central Pacific Financial had a net margin of 15.49% and a return on equity of 12.03%. Equities analysts forecast that Central Pacific Financial will post 2.75 EPS for the current fiscal year.
A number of institutional investors have recently modified their holdings of the company. SG Americas Securities LLC lifted its position in shares of Central Pacific Financial by 7.2% during the fourth quarter. SG Americas Securities LLC now owns 6,643 shares of the financial services provider's stock worth $193,000 after purchasing an additional 448 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Central Pacific Financial by 3.4% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,179 shares of the financial services provider's stock worth $441,000 after buying an additional 493 shares in the last quarter. Algert Global LLC boosted its position in Central Pacific Financial by 1.4% in the 3rd quarter. Algert Global LLC now owns 41,936 shares of the financial services provider's stock valued at $1,238,000 after buying an additional 570 shares during the last quarter. Sterling Capital Management LLC boosted its position in Central Pacific Financial by 4.4% in the 4th quarter. Sterling Capital Management LLC now owns 17,969 shares of the financial services provider's stock valued at $522,000 after buying an additional 762 shares during the last quarter. Finally, Diversified Trust Co grew its stake in shares of Central Pacific Financial by 9.8% during the fourth quarter. Diversified Trust Co now owns 8,787 shares of the financial services provider's stock valued at $255,000 after acquiring an additional 783 shares in the last quarter. Hedge funds and other institutional investors own 88.42% of the company's stock.
Central Pacific Financial Corp. operates as the bank holding company for Central Pacific Bank that provides a range of commercial banking products and services to businesses, professionals, and individuals in the United States. It offers various deposit products and services, including checking, savings and time deposits, cash management and digital banking, trust, and retail brokerage services, as well as money market accounts and certificates of deposit.
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