Hawaiian Holdings, Inc. (NASDAQ:HA) Position Cut by Quantbot Technologies LP

Quantbot Technologies LP lowered its position in shares of Hawaiian Holdings, Inc. (NASDAQ:HAFree Report) by 14.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 54,510 shares of the transportation company’s stock after selling 8,895 shares during the quarter. Quantbot Technologies LP owned 0.11% of Hawaiian worth $345,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Captrust Financial Advisors boosted its position in Hawaiian by 70.1% during the 1st quarter. Captrust Financial Advisors now owns 3,641 shares of the transportation company’s stock worth $72,000 after acquiring an additional 1,500 shares during the period. Tower Research Capital LLC TRC boosted its stake in shares of Hawaiian by 195.5% during the 2nd quarter. Tower Research Capital LLC TRC now owns 4,043 shares of the transportation company’s stock valued at $44,000 after buying an additional 2,675 shares during the period. CWM LLC grew its holdings in shares of Hawaiian by 262.7% during the 2nd quarter. CWM LLC now owns 4,080 shares of the transportation company’s stock valued at $44,000 after acquiring an additional 2,955 shares in the last quarter. Signaturefd LLC increased its stake in shares of Hawaiian by 192.6% in the second quarter. Signaturefd LLC now owns 4,656 shares of the transportation company’s stock worth $50,000 after acquiring an additional 3,065 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its holdings in shares of Hawaiian by 436.3% during the second quarter. PNC Financial Services Group Inc. now owns 5,669 shares of the transportation company’s stock worth $61,000 after acquiring an additional 4,612 shares in the last quarter. Hedge funds and other institutional investors own 92.09% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently commented on HA shares. Deutsche Bank Aktiengesellschaft upgraded shares of Hawaiian from a “hold” rating to a “buy” rating and increased their price target for the stock from $4.00 to $16.00 in a research note on Monday, December 4th. The Goldman Sachs Group reduced their target price on Hawaiian from $5.00 to $4.00 and set a “sell” rating for the company in a report on Wednesday, October 25th. Finally, Susquehanna lowered their price target on Hawaiian from $5.00 to $4.00 and set a “neutral” rating on the stock in a report on Wednesday, October 25th.

Check Out Our Latest Stock Analysis on HA

Hawaiian Trading Up 0.1 %

Shares of HA stock opened at $14.02 on Friday. The firm has a fifty day moving average of $13.79 and a 200-day moving average of $9.29. The stock has a market cap of $723.85 million, a price-to-earnings ratio of -2.78 and a beta of 2.41. Hawaiian Holdings, Inc. has a 52-week low of $3.70 and a 52-week high of $14.89. The company has a debt-to-equity ratio of 8.94, a quick ratio of 1.15 and a current ratio of 1.15.

Hawaiian (NASDAQ:HAGet Free Report) last issued its earnings results on Tuesday, January 30th. The transportation company reported ($2.37) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($2.35) by ($0.02). The company had revenue of $669.07 million during the quarter, compared to analyst estimates of $668.97 million. Hawaiian had a negative return on equity of 147.92% and a negative net margin of 9.59%. The company’s quarterly revenue was down 8.5% on a year-over-year basis. During the same period in the previous year, the company posted ($0.49) earnings per share. On average, equities research analysts forecast that Hawaiian Holdings, Inc. will post -3.21 earnings per share for the current fiscal year.

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, 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.

See Also

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Institutional Ownership by Quarter for Hawaiian (NASDAQ:HA)

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