Ameritas Investment Partners Inc. held its stake in Hawaiian Holdings, Inc. (NASDAQ:HA) during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 4,555 shares of the transportation company’s stock at the close of the 2nd quarter. Ameritas Investment Partners Inc.’s holdings in Hawaiian Holdings were worth $214,000 as of its most recent filing with the SEC.
Other hedge funds have also made changes to their positions in the company. Riverhead Capital Management LLC boosted its stake in Hawaiian Holdings by 83.1% in the 2nd quarter. Riverhead Capital Management LLC now owns 4,028 shares of the transportation company’s stock worth $189,000 after purchasing an additional 1,828 shares in the last quarter. Flinton Capital Management LLC boosted its stake in Hawaiian Holdings by 80.9% in the 2nd quarter. Flinton Capital Management LLC now owns 4,508 shares of the transportation company’s stock worth $212,000 after purchasing an additional 2,016 shares in the last quarter. First Quadrant L P CA boosted its stake in Hawaiian Holdings by 170.7% in the 2nd quarter. First Quadrant L P CA now owns 4,873 shares of the transportation company’s stock worth $229,000 after purchasing an additional 3,073 shares in the last quarter. ARP Americas LLC bought a new position in Hawaiian Holdings in the 2nd quarter worth about $236,000. Finally, Cigna Investments Inc. New bought a new position in Hawaiian Holdings in the 2nd quarter worth about $240,000. Hedge funds and other institutional investors own 91.44% of the company’s stock.
Shares of Hawaiian Holdings, Inc. (HA) opened at 33.50 on Wednesday. The stock has a market cap of $1.79 billion, a price-to-earnings ratio of 8.15 and a beta of 1.41. Hawaiian Holdings, Inc. has a 52-week low of $32.95 and a 52-week high of $60.90. The stock’s 50 day moving average is $38.37 and its 200 day moving average is $45.27.
Hawaiian Holdings (NASDAQ:HA) last released its earnings results on Thursday, October 19th. The transportation company reported $1.92 EPS for the quarter, topping the Zacks’ consensus estimate of $1.85 by $0.07. Hawaiian Holdings had a return on equity of 36.74% and a net margin of 10.36%. The firm had revenue of $719.56 million during the quarter, compared to the consensus estimate of $721.00 million. During the same quarter in the previous year, the company posted $1.91 earnings per share. The company’s revenue was up 7.1% compared to the same quarter last year. On average, equities analysts predict that Hawaiian Holdings, Inc. will post $5.56 EPS for the current fiscal year.
The company also recently announced a special dividend, which will be paid on Thursday, November 30th. Investors of record on Friday, November 17th will be issued a dividend of $0.12 per share. The ex-dividend date is Thursday, November 16th.
In related news, EVP Peter R. Ingram sold 1,000 shares of Hawaiian Holdings stock in a transaction dated Tuesday, October 10th. The stock was sold at an average price of $40.65, for a total transaction of $40,650.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold 3,000 shares of company stock valued at $122,430 in the last ninety days. Corporate insiders own 2.30% of the company’s stock.
A number of equities analysts recently issued reports on HA shares. ValuEngine cut shares of Hawaiian Holdings from a “strong-buy” rating to a “buy” rating in a research note on Monday, July 24th. Cowen and Company reissued a “hold” rating and issued a $47.00 target price on shares of Hawaiian Holdings in a research report on Friday, September 1st. Stifel Nicolaus raised Hawaiian Holdings from a “sell” rating to a “hold” rating and set a $40.00 target price for the company in a research report on Friday, July 28th. Deutsche Bank AG reissued a “hold” rating and issued a $52.00 target price (down previously from $64.00) on shares of Hawaiian Holdings in a research report on Wednesday, July 26th. Finally, Citigroup Inc. decreased their target price on Hawaiian Holdings from $62.00 to $50.00 and set a “neutral” rating for the company in a research report on Wednesday, July 26th. Four research analysts have rated the stock with a sell rating, six have assigned a hold rating and six have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $47.58.
Hawaiian Holdings Company Profile
Hawaiian Holdings, Inc is a holding company. The Company is engaged in the scheduled air transportation of passengers and cargo amongst the Hawaiian Islands (the Neighbor Island routes), between the Hawaiian Islands and certain cities in the United States (the North America routes), and between the Hawaiian Islands and the South Pacific, Australia, New Zealand and Asia (the International routes), collectively referred to as its Scheduled Operations.
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