Hawaiian Holdings, Inc. (HA) Shares Sold by FDx Advisors Inc.
FDx Advisors Inc. lowered its stake in shares of Hawaiian Holdings, Inc. (NASDAQ:HA) by 28.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,837 shares of the transportation company’s stock after selling 3,559 shares during the quarter. FDx Advisors Inc.’s holdings in Hawaiian Holdings were worth $332,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Aperio Group LLC grew its holdings in shares of Hawaiian Holdings by 3.3% during the 2nd quarter. Aperio Group LLC now owns 17,683 shares of the transportation company’s stock worth $830,000 after purchasing an additional 557 shares during the period. First Quadrant L P CA grew its holdings in shares of Hawaiian Holdings by 170.7% during the 2nd quarter. First Quadrant L P CA now owns 4,873 shares of the transportation company’s stock worth $229,000 after purchasing an additional 3,073 shares during the period. Acadian Asset Management LLC grew its holdings in shares of Hawaiian Holdings by 214.7% during the 2nd quarter. Acadian Asset Management LLC now owns 286,192 shares of the transportation company’s stock worth $13,436,000 after purchasing an additional 195,252 shares during the period. Strs Ohio grew its holdings in shares of Hawaiian Holdings by 40.0% during the 2nd quarter. Strs Ohio now owns 8,400 shares of the transportation company’s stock worth $394,000 after purchasing an additional 2,400 shares during the period. Finally, Municipal Employees Retirement System of Michigan grew its holdings in shares of Hawaiian Holdings by 26.3% during the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 19,350 shares of the transportation company’s stock worth $908,000 after purchasing an additional 4,030 shares during the period. 92.97% of the stock is owned by institutional investors.
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In other Hawaiian Holdings news, EVP Peter R. Ingram sold 1,000 shares of the stock in a transaction on Monday, September 11th. The stock was sold at an average price of $40.00, for a total value of $40,000.00. Following the sale, the executive vice president now directly owns 197,411 shares of the company’s stock, valued at $7,896,440. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 2.30% of the stock is owned by company insiders.
HA has been the subject of a number of analyst reports. ValuEngine cut Hawaiian Holdings from a “buy” rating to a “hold” rating in a report on Thursday, September 7th. Citigroup Inc. decreased their price target on Hawaiian Holdings from $50.00 to $45.00 and set a “neutral” rating for the company in a report on Friday, October 20th. Macquarie initiated coverage on Hawaiian Holdings in a report on Monday, September 25th. They issued an “outperform” rating and a $49.00 price target for the company. BidaskClub cut Hawaiian Holdings from a “sell” rating to a “strong sell” rating in a report on Saturday, October 28th. Finally, Stifel Nicolaus upgraded Hawaiian Holdings from a “sell” rating to a “hold” rating and set a $40.00 target price for the company in a research note on Tuesday, July 25th. Three research analysts have rated the stock with a sell rating, six have assigned a hold rating and seven have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $47.58.
Shares of Hawaiian Holdings, Inc. (NASDAQ HA) opened at $38.25 on Wednesday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.90 and a current ratio of 0.90. The stock has a market capitalization of $1,991.30, a P/E ratio of 6.52, a P/E/G ratio of 3.03 and a beta of 1.42. Hawaiian Holdings, Inc. has a 52-week low of $32.40 and a 52-week high of $60.90.
Hawaiian Holdings (NASDAQ:HA) last issued its earnings results on Thursday, October 19th. The transportation company reported $1.92 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.85 by $0.07. Hawaiian Holdings had a return on equity of 41.49% and a net margin of 7.67%. The firm had revenue of $719.56 million for the quarter, compared to analyst estimates of $721.00 million. During the same period last year, the company earned $1.91 earnings per share. The firm’s revenue for the quarter was up 7.1% on a year-over-year basis. research analysts predict that Hawaiian Holdings, Inc. will post 5.55 earnings per share for the current year.
The business also recently announced a special dividend, which will be paid on Thursday, November 30th. Shareholders of record on Friday, November 17th will be given a $0.12 dividend. The ex-dividend date of this dividend is Thursday, November 16th. Hawaiian Holdings’s dividend payout ratio is presently 12.77%.
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.
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