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Pathstone Family Office Adjusts Stock Positions in Bank of Hawaii, Huntington Bancshares, and Brixmor Property Group

2024-02-18 12:41:07.221000

Pathstone Family Office LLC, a financial advisory firm, has made adjustments to its stock positions in several companies. In the third quarter, Pathstone Family Office sold 1,816 shares of Bank of Hawaii Co. (NYSE:BOH), reducing its stake in the company. The firm's holdings in Bank of Hawaii were worth $487,000 at the end of the quarter. Other large investors, including Cullen Frost Bankers Inc. and IFP Advisors Inc., also made changes to their positions in BOH [8c733f6f].

On the other hand, Pathstone Family Office increased its holdings in Huntington Bancshares Incorporated (NASDAQ:HBAN) by 114.6% in the third quarter. The firm owned 45,690 shares of Huntington Bancshares worth $478,000. Several hedge funds and institutional investors also made changes to their positions in the company. Analysts have issued reports on the stock, with a consensus rating of 'Hold' and a consensus price target of $13.50. Huntington Bancshares reported earnings of $0.27 per share for the quarter, beating the consensus estimate of $0.12. The company also announced a quarterly dividend of $0.155 per share. An insider sold 28,700 shares of Huntington Bancshares stock [16f220c0].

Additionally, Pathstone Family Office increased its stake in Brixmor Property Group Inc. (NYSE:BRX) by 70.7% in the third quarter. The firm owned 23,684 shares of Brixmor Property Group's stock after buying an additional 9,810 shares during the period. Other institutional investors and hedge funds have also bought and sold shares of the stock. State of Wyoming lifted its holdings in Brixmor Property Group by 6.8% in the fourth quarter. State of Wyoming now owns 7,469 shares of the real estate investment trust's stock worth $169,000 after buying an additional 478 shares during the period. Metis Global Partners LLC lifted its holdings in Brixmor Property Group by 2.9% in the third quarter. Metis Global Partners LLC now owns 17,625 shares of the real estate investment trust's stock worth $366,000 after buying an additional 496 shares during the period. Coldstream Capital Management Inc. lifted its holdings in Brixmor Property Group by 2.6% in the second quarter. Coldstream Capital Management Inc. now owns 19,917 shares of the real estate investment trust's stock worth $438,000 after buying an additional 502 shares during the period. Fifth Third Bancorp increased its stake in shares of Brixmor Property Group by 27.9% during the third quarter. Fifth Third Bancorp now owns 2,454 shares of the real estate investment trust's stock valued at $51,000 after purchasing an additional 535 shares in the last quarter. Belpointe Asset Management LLC increased its stake in shares of Brixmor Property Group by 42.9% during the first quarter. Belpointe Asset Management LLC now owns 1,931 shares of the real estate investment trust's stock valued at $42,000 after purchasing an additional 580 shares in the last quarter. 94.98% of the stock is currently owned by hedge funds and other institutional investors [438dda2a].

Bank of Hawaii Corporation operates as the bank holding company for Bank of Hawaii, providing various financial products and services in Hawaii, Guam, and other Pacific Islands. Huntington Bancshares operates as the bank holding company for The Huntington National Bank, providing commercial, consumer, and mortgage banking services in the United States. Brixmor Property Group Inc. is a real estate investment trust that owns and operates a portfolio of open-air shopping centers [438dda2a] [8c733f6f] [16f220c0].

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