JPMorgan Chase & Co. lessened its position in shares of Hawaiian Telcom Holdco, Inc. (NASDAQ:HCOM) by 26.2% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 10,302 shares of the utilities provider’s stock after selling 3,654 shares during the quarter. JPMorgan Chase & Co. owned 0.09% of Hawaiian Telcom Holdco worth $257,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of HCOM. Dimensional Fund Advisors LP grew its stake in Hawaiian Telcom Holdco by 6.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 229,080 shares of the utilities provider’s stock valued at $5,248,000 after purchasing an additional 13,292 shares during the last quarter. Prudential Financial Inc. purchased a new stake in Hawaiian Telcom Holdco during the 1st quarter valued at about $247,000. Schwab Charles Investment Management Inc. grew its stake in Hawaiian Telcom Holdco by 36.0% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 37,868 shares of the utilities provider’s stock valued at $947,000 after purchasing an additional 10,031 shares during the last quarter. Renaissance Technologies LLC grew its stake in Hawaiian Telcom Holdco by 2.0% during the 1st quarter. Renaissance Technologies LLC now owns 376,100 shares of the utilities provider’s stock valued at $8,616,000 after purchasing an additional 7,500 shares during the last quarter. Finally, North Star Investment Management Corp. grew its stake in Hawaiian Telcom Holdco by 6.3% during the 2nd quarter. North Star Investment Management Corp. now owns 115,350 shares of the utilities provider’s stock valued at $2,883,000 after purchasing an additional 6,800 shares during the last quarter. Institutional investors and hedge funds own 68.15% of the company’s stock.

TRADEMARK VIOLATION WARNING: “Hawaiian Telcom Holdco, Inc. (HCOM) Shares Sold by JPMorgan Chase & Co.” was first published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this report on another domain, it was illegally stolen and reposted in violation of US and international trademark and copyright legislation. The correct version of this report can be viewed at https://www.thecerbatgem.com/2017/10/27/hawaiian-telcom-holdco-inc-hcom-shares-sold-by-jpmorgan-chase-co.html.

Several analysts have weighed in on the company. BidaskClub upgraded Hawaiian Telcom Holdco from a “sell” rating to a “hold” rating in a research note on Thursday, July 27th. Sidoti downgraded Hawaiian Telcom Holdco from a “buy” rating to a “neutral” rating in a research note on Monday, July 10th.

Shares of Hawaiian Telcom Holdco, Inc. (NASDAQ:HCOM) opened at 30.04 on Friday. Hawaiian Telcom Holdco, Inc. has a 1-year low of $20.10 and a 1-year high of $31.30. The firm’s 50-day moving average price is $30.07 and its 200 day moving average price is $27.72. The stock’s market cap is $348.07 million.

Hawaiian Telcom Holdco (NASDAQ:HCOM) last posted its earnings results on Tuesday, August 8th. The utilities provider reported ($0.30) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.16) by ($0.14). Hawaiian Telcom Holdco had a negative return on equity of 1.90% and a negative net margin of 1.55%. The firm 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.

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.

Want to see what other hedge funds are holding HCOM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hawaiian Telcom Holdco, Inc. (NASDAQ:HCOM).

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

Receive News & Stock Ratings for Hawaiian Telcom Holdco Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hawaiian Telcom Holdco Inc. and related stocks with our FREE daily email newsletter.