Hawaiian Telcom Holdco, Inc. (NASDAQ:HCOM) Shares Bought by Bank of New York Mellon Corp

Bank of New York Mellon Corp raised its stake in Hawaiian Telcom Holdco, Inc. (NASDAQ:HCOM) by 1.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 34,756 shares of the utilities provider’s stock after buying an additional 538 shares during the period. Bank of New York Mellon Corp owned approximately 0.30% of Hawaiian Telcom Holdco worth $796,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the company. Teachers Advisors LLC increased its stake in shares of Hawaiian Telcom Holdco by 18.5% in the fourth quarter. Teachers Advisors LLC now owns 15,768 shares of the utilities provider’s stock valued at $391,000 after buying an additional 2,462 shares during the last quarter. Algert Global LLC increased its stake in shares of Hawaiian Telcom Holdco by 10.6% in the first quarter. Algert Global LLC now owns 44,835 shares of the utilities provider’s stock valued at $1,027,000 after buying an additional 4,285 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Hawaiian Telcom Holdco by 3.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 215,788 shares of the utilities provider’s stock valued at $5,347,000 after buying an additional 6,401 shares during the last quarter. Acadian Asset Management LLC increased its stake in shares of Hawaiian Telcom Holdco by 3.3% in the first quarter. Acadian Asset Management LLC now owns 201,343 shares of the utilities provider’s stock valued at $4,616,000 after buying an additional 6,446 shares during the last quarter. Finally, State Street Corp increased its stake in shares of Hawaiian Telcom Holdco by 3.8% in the fourth quarter. State Street Corp now owns 186,241 shares of the utilities provider’s stock valued at $4,612,000 after buying an additional 6,767 shares during the last quarter. Hedge funds and other institutional investors own 68.74% of the company’s stock.

Hawaiian Telcom Holdco, Inc. (NASDAQ:HCOM) opened at 29.92 on Friday. The company has a 50-day moving average price of $28.89 and a 200 day moving average price of $25.58. Hawaiian Telcom Holdco, Inc. has a 52 week low of $20.10 and a 52 week high of $31.30. The company’s market cap is $346.68 million.

Hawaiian Telcom Holdco (NASDAQ:HCOM) last announced its earnings results on Tuesday, August 8th. The utilities provider reported ($0.30) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.16) by $0.14. The firm had revenue of $91.30 million during the quarter. Hawaiian Telcom Holdco had a negative net margin of 1.55% and a negative return on equity of 1.90%. On average, equities research analysts forecast that Hawaiian Telcom Holdco, Inc. will post ($0.84) EPS for the current fiscal year.

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Several brokerages have recently weighed in on HCOM. Sidoti downgraded Hawaiian Telcom Holdco from a “buy” rating to a “neutral” rating in a report on Monday, July 10th. TheStreet raised Hawaiian Telcom Holdco from a “d+” rating to a “c-” rating in a research note on Wednesday, April 26th. Finally, BidaskClub raised Hawaiian Telcom Holdco from a “sell” rating to a “hold” rating in a research note on Thursday, July 27th.

About Hawaiian Telcom Holdco

Hawaiian Telcom Holdco, Inc is a provider of communications services and products in Hawaii. The Company operates through two business segments: Telecommunications and Data Center Colocation. The Telecommunications segment provides local telephone service, including voice and data transport, custom calling features, network access, directory assistance and private lines.

Institutional Ownership by Quarter for Hawaiian Telcom Holdco (NASDAQ:HCOM)

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