Bank of America Corp DE boosted its position in Hawaiian Telcom Holdco, Inc. (NASDAQ:HCOM) by 3.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,402 shares of the utilities provider’s stock after buying an additional 363 shares during the period. Bank of America Corp DE owned approximately 0.10% of Hawaiian Telcom Holdco worth $261,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Kennedy Capital Management Inc. raised its stake in Hawaiian Telcom Holdco by 93.6% in the first quarter. Kennedy Capital Management Inc. now owns 228,693 shares of the utilities provider’s stock worth $5,239,000 after buying an additional 110,542 shares during the period. TFS Capital LLC purchased a new stake in Hawaiian Telcom Holdco during the first quarter worth $804,000. Dimensional Fund Advisors LP raised its stake in Hawaiian Telcom Holdco by 6.2% in the first quarter. Dimensional Fund Advisors LP now owns 229,080 shares of the utilities provider’s stock worth $5,248,000 after buying an additional 13,292 shares during the period. Prudential Financial Inc. purchased a new stake in Hawaiian Telcom Holdco during the first quarter worth $247,000. Finally, Oxford Asset Management purchased a new stake in Hawaiian Telcom Holdco during the first quarter worth $207,000. 69.47% of the stock is currently owned by institutional investors and hedge funds.

Hawaiian Telcom Holdco, Inc. (HCOM) traded up 0.49% during mid-day trading on Thursday, reaching $30.62. 6,850 shares of the company were exchanged. The stock’s market capitalization is $354.79 million. Hawaiian Telcom Holdco, Inc. has a one year low of $20.10 and a one year high of $31.30. The stock has a 50 day moving average of $29.55 and a 200-day moving average of $25.77.

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. Hawaiian Telcom Holdco had a negative net margin of 1.55% and a negative return on equity of 1.90%. The business had revenue of $91.30 million for the quarter. On average, equities analysts expect that Hawaiian Telcom Holdco, Inc. will post ($0.84) earnings per share for the current fiscal year.

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A number of analysts recently weighed in on HCOM shares. BidaskClub lowered shares of Hawaiian Telcom Holdco from a “hold” rating to a “sell” rating in a report on Sunday, July 16th. Sidoti lowered shares of Hawaiian Telcom Holdco from a “buy” rating to a “neutral” rating in a report on Monday, July 10th.

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.

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

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