Strs Ohio raised its stake in Hawaiian Holdings, Inc. (NASDAQ:HA) by 40.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,400 shares of the transportation company’s stock after buying an additional 2,400 shares during the period. Strs Ohio’s holdings in Hawaiian Holdings were worth $394,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of 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 valued at $116,000 after buying an additional 56 shares during the period. Municipal Employees Retirement System of Michigan increased its position in shares of Hawaiian Holdings by 0.4% in the first quarter. Municipal Employees Retirement System of Michigan now owns 15,320 shares of the transportation company’s stock valued at $712,000 after buying an additional 60 shares during the period. Renaissance Group LLC increased its position in shares of Hawaiian Holdings by 1.0% in the first quarter. Renaissance Group LLC now owns 6,263 shares of the transportation company’s stock valued at $291,000 after buying an additional 64 shares during the period. 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 valued at $141,000 after buying an additional 68 shares during the period. Finally, Fifth Third Bancorp increased its position in shares of Hawaiian Holdings by 0.8% in the first quarter. Fifth Third Bancorp now owns 11,147 shares of the transportation company’s stock valued at $518,000 after buying an additional 90 shares during the period. 90.44% of the stock is owned by institutional investors and hedge funds.

Hawaiian Holdings, Inc. (NASDAQ HA) opened at 42.50 on Thursday. The company has a 50-day moving average of $43.73 and a 200-day moving average of $48.49. The company has a market capitalization of $2.28 billion, a P/E ratio of 10.34 and a beta of 1.38. Hawaiian Holdings, Inc. has a 1-year low of $39.45 and a 1-year high of $60.90.

Hawaiian Holdings (NASDAQ:HA) last released its quarterly earnings data on Tuesday, July 25th. The transportation company reported $1.58 earnings per share for the quarter, topping analysts’ consensus estimates of $1.53 by $0.05. Hawaiian Holdings had a net margin of 8.88% and a return on equity of 44.12%. The company had revenue of $675.33 million for the quarter, compared to analysts’ expectations of $676.59 million. During the same quarter last year, the company earned $1.21 earnings per share. The firm’s revenue for the quarter was up 13.6% on a year-over-year basis. Equities analysts expect that Hawaiian Holdings, Inc. will post $5.73 EPS for the current fiscal year.

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HA has been the subject of several recent analyst reports. Stifel Nicolaus downgraded shares of Hawaiian Holdings from a “hold” rating to a “sell” rating and lowered their price objective for the company from $60.00 to $40.00 in a research note on Wednesday, June 14th. Zacks Investment Research raised shares of Hawaiian Holdings from a “hold” rating to a “strong-buy” rating and set a $62.00 price objective for the company in a research note on Wednesday, May 17th. Morgan Stanley reaffirmed an “underweight” rating and set a $40.00 price objective (down from $52.00) on shares of Hawaiian Holdings in a research note on Thursday, June 22nd. Citigroup Inc. increased their price target on shares of Hawaiian Holdings from $59.00 to $62.00 and gave the stock a “neutral” rating in a research note on Friday, June 9th. Finally, BidaskClub downgraded shares of Hawaiian Holdings from a “hold” rating to a “sell” rating in a research note on Monday, July 24th. Three equities research analysts have rated the stock with a sell rating, six have given a hold rating and six have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $52.17.

In other Hawaiian Holdings news, insider Mark B. Dunkerley sold 3,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 15th. The shares were sold at an average price of $48.28, for a total transaction of $144,840.00. Following the sale, the insider now owns 335,942 shares of the company’s stock, valued at $16,219,279.76. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Mark B. Dunkerley sold 19,000 shares of the firm’s stock in a transaction that occurred on Wednesday, June 7th. The stock was sold at an average price of $56.91, for a total transaction of $1,081,290.00. Following the sale, the insider now directly owns 352,942 shares in the company, valued at approximately $20,085,929.22. The disclosure for this sale can be found here. In the last three months, insiders have sold 30,500 shares of company stock worth $1,671,260. 2.30% of the stock is owned by corporate insiders.

Hawaiian Holdings Company 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.

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

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