Hawaiian Holdings, Inc. (HA) Holdings Reduced by Chicago Equity Partners LLC

Chicago Equity Partners LLC decreased its position in shares of Hawaiian Holdings, Inc. (NASDAQ:HA) by 76.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 15,550 shares of the transportation company’s stock after selling 51,765 shares during the period. Chicago Equity Partners LLC’s holdings in Hawaiian were worth $620,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. The Manufacturers Life Insurance Company raised its stake in Hawaiian by 0.5% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 40,713 shares of the transportation company’s stock worth $1,911,000 after acquiring an additional 214 shares during the period. Aperio Group LLC raised its stake in Hawaiian by 8.3% during the 3rd quarter. Aperio Group LLC now owns 19,157 shares of the transportation company’s stock worth $719,000 after acquiring an additional 1,474 shares during the period. DekaBank Deutsche Girozentrale raised its stake in Hawaiian by 10.4% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 16,128 shares of the transportation company’s stock worth $692,000 after acquiring an additional 1,522 shares during the period. Eqis Capital Management Inc. raised its stake in Hawaiian by 27.2% during the 4th quarter. Eqis Capital Management Inc. now owns 7,751 shares of the transportation company’s stock worth $309,000 after acquiring an additional 1,657 shares during the period. Finally, Alps Advisors Inc. raised its stake in Hawaiian by 19.1% during the 3rd quarter. Alps Advisors Inc. now owns 11,882 shares of the transportation company’s stock worth $446,000 after acquiring an additional 1,906 shares during the period. Institutional investors own 93.48% of the company’s stock.

Shares of Hawaiian Holdings, Inc. (NASDAQ:HA) opened at $36.70 on Friday. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.53. Hawaiian Holdings, Inc. has a fifty-two week low of $32.40 and a fifty-two week high of $59.45. The stock has a market cap of $1,928.34, a P/E ratio of 5.36, a price-to-earnings-growth ratio of 3.12 and a beta of 1.54.

Hawaiian (NASDAQ:HA) last posted its earnings results on Monday, January 29th. The transportation company reported $1.10 earnings per share for the quarter, beating analysts’ consensus estimates of $1.00 by $0.10. Hawaiian had a net margin of 13.51% and a return on equity of 38.73%. The firm had revenue of $686.50 million during the quarter, compared to analyst estimates of $686.00 million. During the same period last year, the firm posted $1.28 earnings per share. Hawaiian’s revenue for the quarter was up 8.5% compared to the same quarter last year. equities research analysts anticipate that Hawaiian Holdings, Inc. will post 5.21 earnings per share for the current year.

Hawaiian declared that its board has authorized a share repurchase plan on Tuesday, December 5th that allows the company to repurchase $100.00 million in shares. This repurchase authorization allows the transportation company to purchase shares of its stock through open market purchases. Shares repurchase plans are typically an indication that the company’s board believes its stock is undervalued.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, February 28th. Investors of record on Wednesday, February 14th will be issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.31%. The ex-dividend date is Tuesday, February 13th. Hawaiian’s dividend payout ratio (DPR) is presently 7.01%.

A number of equities research analysts have issued reports on the stock. ValuEngine lowered shares of Hawaiian from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. Stifel Nicolaus increased their price objective on shares of Hawaiian from $40.00 to $45.00 and gave the company a “hold” rating in a report on Tuesday, January 30th. BidaskClub raised shares of Hawaiian from a “sell” rating to a “hold” rating in a report on Wednesday, January 31st. Imperial Capital increased their price objective on shares of Hawaiian from $75.00 to $80.00 and gave the company an “outperform” rating in a report on Tuesday, January 30th. Finally, Buckingham Research reaffirmed a “buy” rating on shares of Hawaiian in a report on Thursday, November 23rd. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $48.36.

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Hawaiian 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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Institutional Ownership by Quarter for Hawaiian (NASDAQ:HA)

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