Arizona State Retirement System increased its position in shares of Hawaiian Holdings, Inc. (NASDAQ:HA) by 0.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 27,997 shares of the transportation company’s stock after buying an additional 200 shares during the period. Arizona State Retirement System owned about 0.05% of Hawaiian Holdings worth $1,314,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in HA. Flinton Capital Management LLC increased its position in shares of Hawaiian Holdings by 2.3% in the first quarter. Flinton Capital Management LLC now owns 2,492 shares of the transportation company’s stock worth $116,000 after buying an additional 56 shares during the last quarter. First Mercantile Trust Co. increased its position in shares of Hawaiian Holdings by 17.2% in the first quarter. First Mercantile Trust Co. now owns 2,954 shares of the transportation company’s stock worth $137,000 after buying an additional 434 shares during the last quarter. Neuburgh Advisers LLC increased its position in shares of Hawaiian Holdings by 2.3% in the first quarter. Neuburgh Advisers LLC now owns 3,026 shares of the transportation company’s stock worth $141,000 after buying an additional 68 shares during the last quarter. US Bancorp DE increased its position in shares of Hawaiian Holdings by 42.4% in the first quarter. US Bancorp DE now owns 3,400 shares of the transportation company’s stock worth $158,000 after buying an additional 1,012 shares during the last quarter. Finally, LS Investment Advisors LLC increased its position in shares of Hawaiian Holdings by 67.3% in the first quarter. LS Investment Advisors LLC now owns 3,519 shares of the transportation company’s stock worth $163,000 after buying an additional 1,416 shares during the last quarter. 91.07% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Hawaiian Holdings, Inc. (NASDAQ HA) opened at 43.85 on Friday. Hawaiian Holdings, Inc. has a 52 week low of $39.45 and a 52 week high of $60.90. The stock has a 50 day moving average of $43.73 and a 200-day moving average of $48.49. The firm has a market capitalization of $2.35 billion, a PE ratio of 10.67 and a beta of 1.38.

Hawaiian Holdings (NASDAQ:HA) last announced its quarterly earnings results on Tuesday, July 25th. The transportation company reported $1.58 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.53 by $0.05. Hawaiian Holdings had a return on equity of 44.12% and a net margin of 8.88%. The business had revenue of $675.33 million during the quarter, compared to the consensus estimate of $676.59 million. During the same quarter in the prior year, the company posted $1.21 earnings per share. Hawaiian Holdings’s revenue was up 13.6% compared to the same quarter last year. Equities analysts anticipate that Hawaiian Holdings, Inc. will post $5.75 earnings per share for the current fiscal year.

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A number of research analysts recently commented on the stock. BidaskClub downgraded shares of Hawaiian Holdings from a “sell” rating to a “strong sell” rating in a research report on Monday, July 31st. Stifel Nicolaus raised shares of Hawaiian Holdings from a “sell” rating to a “hold” rating and set a $40.00 price objective on the stock in a research report on Friday, July 28th. Morgan Stanley lowered their price objective on shares of Hawaiian Holdings from $40.00 to $39.00 and set an “underweight” rating on the stock in a research report on Thursday, August 17th. Citigroup Inc. lowered their price objective on shares of Hawaiian Holdings from $62.00 to $50.00 and set a “neutral” rating on the stock in a research report on Wednesday, July 26th. Finally, Cowen and Company lifted their target price on shares of Hawaiian Holdings from $56.00 to $58.00 and gave the company a “market perform” rating in a research note on Wednesday, June 7th. Three investment analysts have rated the stock with a sell rating, six have assigned a hold rating and six have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $52.17.

In other Hawaiian Holdings news, Director Donald J. Carty acquired 3,000 shares of Hawaiian Holdings stock in a transaction on Wednesday, June 21st. The stock was purchased at an average price of $47.10 per share, for a total transaction of $141,300.00. Following the purchase, the director now directly owns 13,675 shares of the company’s stock, valued at $644,092.50. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Mark B. Dunkerley sold 19,000 shares of the company’s stock in a transaction on Wednesday, June 7th. The shares were sold at an average price of $56.91, for a total value of $1,081,290.00. Following the completion of the transaction, the insider now owns 352,942 shares of the company’s stock, valued at approximately $20,085,929.22. The disclosure for this sale can be found here. Insiders have sold 30,500 shares of company stock valued at $1,671,260 in the last quarter. 2.30% of the stock is currently owned by corporate insiders.

About Hawaiian Holdings

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.

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

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