Dynamic Technology Lab Private Ltd lowered its holdings in shares of Hawaiian Holdings, Inc. (NASDAQ:HA – Free Report) by 71.0% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 28,836 shares of the transportation company’s stock after selling 70,722 shares during the period. Dynamic Technology Lab Private Ltd owned about 0.06% of Hawaiian worth $409,000 as of its most recent filing with the SEC.
A number of other institutional investors also recently modified their holdings of HA. CVA Family Office LLC bought a new stake in shares of Hawaiian in the 4th quarter valued at about $79,000. CWM LLC raised its stake in Hawaiian by 97.2% during the 4th quarter. CWM LLC now owns 7,984 shares of the transportation company’s stock worth $113,000 after buying an additional 3,936 shares during the period. Wetzel Investment Advisors Inc. acquired a new position in Hawaiian during the 4th quarter worth approximately $135,000. Matisse Capital acquired a new position in Hawaiian during the 4th quarter worth approximately $142,000. Finally, Pinnacle Wealth Planning Services Inc. acquired a new position in Hawaiian during the 4th quarter worth approximately $153,000. Institutional investors and hedge funds own 70.15% of the company’s stock.
Hawaiian Stock Up 2.9 %
Shares of Hawaiian stock opened at $13.80 on Friday. Hawaiian Holdings, Inc. has a 52 week low of $3.70 and a 52 week high of $14.89. The business has a 50 day moving average price of $13.16 and a 200-day moving average price of $12.50. The company has a debt-to-equity ratio of 16.74, a current ratio of 0.89 and a quick ratio of 0.89.
Hawaiian (NASDAQ:HA – Get Free Report) last issued its quarterly earnings data on Tuesday, April 23rd. The transportation company reported ($2.77) EPS for the quarter, missing the consensus estimate of ($2.75) by ($0.02). The company had revenue of $645.57 million during the quarter, compared to analysts’ expectations of $629.24 million. Hawaiian had a negative return on equity of 301.69% and a negative net margin of 10.90%. The business’s revenue for the quarter was up 5.4% compared to the same quarter last year. During the same period last year, the company earned ($2.17) earnings per share. Equities research analysts predict that Hawaiian Holdings, Inc. will post -5.4 earnings per share for the current year.
Analyst Upgrades and Downgrades
Separately, Susquehanna dropped their price target on Hawaiian from $15.00 to $14.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 24th.
Read Our Latest Report on HA
Hawaiian Company Profile
(Free Report)
Hawaiian Holdings, Inc, through its subsidiary, Hawaiian Airlines, Inc, engages in the scheduled air transportation of passengers and cargo. It provides daily services on North America routes between the State of Hawai’i and Long Beach, Los Angeles, Oakland, Ontario, Sacramento, San Diego, San Francisco, and San Jose, California; Las Vegas, Nevada; Seattle, Washington; Portland, Oregon; Phoenix, Arizona; New York City, New York; Austin, Texas; and Boston, Massachusetts.
Recommended Stories
Want to see what other hedge funds are holding HA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hawaiian Holdings, Inc. (NASDAQ:HA – Free Report).
Receive News & Ratings for Hawaiian Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Hawaiian and related companies with MarketBeat.com’s FREE daily email newsletter.