Brandywine Global Investment Management LLC lessened its position in shares of Hawaiian Holdings, Inc. (NASDAQ:HA) by 3.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 207,732 shares of the transportation company’s stock after selling 6,556 shares during the quarter. Brandywine Global Investment Management LLC owned about 0.39% of Hawaiian Holdings worth $9,754,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. State Street Corp raised its stake in Hawaiian Holdings by 4.2% in the first quarter. State Street Corp now owns 1,355,866 shares of the transportation company’s stock valued at $62,980,000 after buying an additional 55,043 shares during the last quarter. Two Sigma Securities LLC acquired a new stake in Hawaiian Holdings in the first quarter worth about $254,000. Massachusetts Financial Services Co. MA boosted its holdings in Hawaiian Holdings by 57.9% in the first quarter. Massachusetts Financial Services Co. MA now owns 10,955 shares of the transportation company’s stock worth $509,000 after acquiring an additional 4,016 shares in the last quarter. FMR LLC boosted its holdings in Hawaiian Holdings by 6.6% in the first quarter. FMR LLC now owns 239,400 shares of the transportation company’s stock worth $11,120,000 after acquiring an additional 14,900 shares in the last quarter. Finally, First Quadrant L P CA grew its stake in shares of Hawaiian Holdings by 170.7% during the second quarter. First Quadrant L P CA now owns 4,873 shares of the transportation company’s stock worth $229,000 after acquiring an additional 3,073 shares during the last quarter. Hedge funds and other institutional investors own 90.42% of the company’s stock.

HA has been the topic of several recent analyst reports. Buckingham Research downgraded shares of Hawaiian Holdings from a “buy” rating to a “neutral” rating and set a $39.00 price objective on the stock. in a report on Tuesday, September 26th. Macquarie initiated coverage on shares of Hawaiian Holdings in a research report on Monday, September 25th. They issued an “outperform” rating and a $49.00 price objective for the company. ValuEngine cut shares of Hawaiian Holdings from a “buy” rating to a “hold” rating in a research note on Thursday, September 7th. Cowen and Company reiterated a “hold” rating and issued a $47.00 target price on shares of Hawaiian Holdings in a research note on Friday, September 1st. Finally, Morgan Stanley lowered their target price on shares of Hawaiian Holdings from $40.00 to $39.00 and set an “underweight” rating for the company in a research note on Thursday, August 17th. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have given a buy rating to the company’s stock. Hawaiian Holdings currently has an average rating of “Hold” and an average target price of $50.08.

In other news, EVP Peter R. Ingram sold 2,500 shares of the firm’s stock in a transaction that occurred on Monday, July 10th. The shares were sold at an average price of $48.10, for a total transaction of $120,250.00. Following the transaction, the executive vice president now directly owns 199,411 shares in the company, valued at $9,591,669.10. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Peter R. Ingram sold 1,000 shares of the firm’s stock in a transaction that occurred on Monday, September 11th. The stock was sold at an average price of $40.00, for a total transaction of $40,000.00. Following the transaction, the executive vice president now owns 197,411 shares in the company, valued at $7,896,440. The disclosure for this sale can be found here. Insiders have sold a total of 4,500 shares of company stock worth $202,030 in the last 90 days. 2.30% of the stock is currently owned by company insiders.

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Shares of Hawaiian Holdings, Inc. (NASDAQ HA) opened at 37.55 on Monday. The stock has a market capitalization of $2.01 billion, a P/E ratio of 9.13 and a beta of 1.42. Hawaiian Holdings, Inc. has a 12-month low of $36.70 and a 12-month high of $60.90. The stock has a 50 day moving average of $41.70 and a 200 day moving average of $47.38.

Hawaiian Holdings (NASDAQ:HA) last posted its earnings results on Tuesday, July 25th. The transportation company reported $1.58 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.53 by $0.05. The business had revenue of $675.33 million during the quarter, compared to the consensus estimate of $676.59 million. Hawaiian Holdings had a return on equity of 44.12% and a net margin of 8.88%. The business’s quarterly revenue was up 13.6% on a year-over-year basis. During the same period in the previous year, the business earned $1.21 EPS. Equities research analysts anticipate that Hawaiian Holdings, Inc. will post $5.60 EPS for the current fiscal year.

Hawaiian Holdings 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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