Intrust Bank NA Has $265,000 Position in Hawaiian Holdings, Inc. (HA)
Intrust Bank NA decreased its position in shares of Hawaiian Holdings, Inc. (NASDAQ:HA) by 4.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,639 shares of the transportation company’s stock after selling 238 shares during the period. Intrust Bank NA’s holdings in Hawaiian Holdings were worth $265,000 as of its most recent filing with the SEC.
Several other hedge funds also recently added to or reduced their stakes in HA. Flinton Capital Management LLC boosted its position in Hawaiian Holdings by 2.3% in the first quarter. Flinton Capital Management LLC now owns 2,492 shares of the transportation company’s stock valued at $116,000 after buying an additional 56 shares during the last quarter. First Mercantile Trust Co. boosted its position in Hawaiian Holdings by 17.2% in the first quarter. First Mercantile Trust Co. now owns 2,954 shares of the transportation company’s stock valued at $137,000 after buying an additional 434 shares during the last quarter. Neuburgh Advisers LLC boosted its position in Hawaiian Holdings by 2.3% in the first quarter. Neuburgh Advisers LLC now owns 3,026 shares of the transportation company’s stock valued at $141,000 after buying an additional 68 shares during the last quarter. US Bancorp DE boosted its position in Hawaiian Holdings by 42.4% in the first quarter. US Bancorp DE now owns 3,400 shares of the transportation company’s stock valued at $158,000 after buying an additional 1,012 shares during the last quarter. Finally, LS Investment Advisors LLC boosted its position in Hawaiian Holdings by 67.3% in the first quarter. LS Investment Advisors LLC now owns 3,519 shares of the transportation company’s stock valued at $163,000 after buying an additional 1,416 shares during the last quarter. Institutional investors own 90.44% of the company’s stock.
Hawaiian Holdings, Inc. (HA) opened at 42.50 on Thursday. The company has a market cap of $2.28 billion, a price-to-earnings ratio of 10.34 and a beta of 1.38. Hawaiian Holdings, Inc. has a 52-week low of $39.45 and a 52-week high of $60.90. The firm’s 50-day moving average price is $43.73 and its 200-day moving average price is $48.49.
Hawaiian Holdings (NASDAQ:HA) last announced its quarterly earnings results on Tuesday, July 25th. The transportation company reported $1.58 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.53 by $0.05. Hawaiian Holdings had a net margin of 8.88% and a return on equity of 44.12%. The firm had revenue of $675.33 million for the quarter, compared to analyst estimates of $676.59 million. During the same period last year, the business earned $1.21 EPS. Hawaiian Holdings’s revenue for the quarter was up 13.6% compared to the same quarter last year. On average, equities analysts anticipate that Hawaiian Holdings, Inc. will post $5.73 EPS for the current year.
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A number of equities analysts have recently issued reports on HA shares. Zacks Investment Research upgraded Hawaiian Holdings from a “hold” rating to a “strong-buy” rating and set a $62.00 price objective for the company in a report on Wednesday, May 17th. Credit Suisse Group started coverage on Hawaiian Holdings in a report on Monday, June 5th. They issued an “outperform” rating and a $45.00 price objective for the company. Cowen and Company upped their price objective on Hawaiian Holdings from $56.00 to $58.00 and gave the stock a “market perform” rating in a report on Wednesday, June 7th. Imperial Capital upped their price objective on Hawaiian Holdings from $71.00 to $74.00 and gave the stock an “outperform” rating in a report on Thursday, June 8th. Finally, Deutsche Bank AG cut Hawaiian Holdings from a “buy” rating to a “hold” rating and cut their price objective for the stock from $63.00 to $59.00 in a report on Thursday, June 8th. Three analysts have rated the stock with a sell rating, six have given a hold rating and six have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $52.17.
In related news, Director Donald J. Carty purchased 3,000 shares of the business’s stock in a transaction that occurred on Wednesday, June 21st. The shares were purchased at an average cost 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 purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Peter R. Ingram sold 1,000 shares of Hawaiian Holdings stock in a transaction on Thursday, August 10th. The stock was sold at an average price of $41.78, for a total transaction of $41,780.00. Following the sale, the executive vice president now owns 198,411 shares in the company, valued at $8,289,611.58. The disclosure for this sale can be found here. Insiders have sold a total of 30,500 shares of company stock worth $1,671,260 over the last quarter. 2.30% of the stock is owned by company 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.
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