Hsbc Holdings PLC Has $2.81 Million Stock Position in Hawaiian Holdings, Inc. (NASDAQ:HA)

Hsbc Holdings PLC grew its position in Hawaiian Holdings, Inc. (NASDAQ:HAFree Report) by 299.4% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 195,979 shares of the transportation company’s stock after buying an additional 146,911 shares during the period. Hsbc Holdings PLC owned approximately 0.38% of Hawaiian worth $2,806,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Alpine Associates Management Inc. bought a new stake in Hawaiian in the 4th quarter valued at $14,964,000. Brandywine Global Investment Management LLC lifted its position in Hawaiian by 1.9% in the 3rd quarter. Brandywine Global Investment Management LLC now owns 233,364 shares of the transportation company’s stock valued at $1,477,000 after acquiring an additional 4,400 shares in the last quarter. Numerai GP LLC bought a new stake in Hawaiian in the 3rd quarter valued at $975,000. Schonfeld Strategic Advisors LLC lifted its position in Hawaiian by 35.2% in the 3rd quarter. Schonfeld Strategic Advisors LLC now owns 144,700 shares of the transportation company’s stock valued at $916,000 after acquiring an additional 37,700 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. lifted its position in Hawaiian by 191.3% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 134,620 shares of the transportation company’s stock valued at $852,000 after acquiring an additional 88,402 shares in the last quarter. Institutional investors and hedge funds own 70.15% of the company’s stock.

Hawaiian Trading Down 0.3 %

Shares of NASDAQ:HA opened at $13.40 on Friday. The company’s 50-day moving average price is $13.18 and its two-hundred day moving average price is $13.02. The company has a debt-to-equity ratio of 16.74, a current ratio of 0.89 and a quick ratio of 0.89. Hawaiian Holdings, Inc. has a one year low of $3.70 and a one year high of $14.89. The stock has a market capitalization of $694.79 million, a PE ratio of -2.32 and a beta of 2.38.

Hawaiian (NASDAQ:HAGet Free Report) last issued its quarterly earnings results on Tuesday, April 23rd. The transportation company reported ($2.77) EPS for the quarter, missing the consensus estimate of ($2.75) by ($0.02). Hawaiian had a negative return on equity of 301.69% and a negative net margin of 10.90%. The business had revenue of $645.57 million for the quarter, compared to the consensus estimate of $629.24 million. During the same period last year, the firm earned ($2.17) earnings per share. The company’s quarterly revenue was up 5.4% compared to the same quarter last year. On average, equities analysts forecast that Hawaiian Holdings, Inc. will post -5.4 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Susquehanna cut their price objective on shares of Hawaiian from $15.00 to $14.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 24th.

View Our Latest Report on Hawaiian

About Hawaiian

(Free Report)

Hawaiian Holdings, Inc, through its subsidiary, Hawaiian Airlines, Inc, engages in the scheduled air transportation of passengers and cargo. It provides daily services on North America routes between the State of Hawai'i and Long Beach, Los Angeles, Oakland, Ontario, Sacramento, San Diego, San Francisco, and San Jose, California; Las Vegas, Nevada; Seattle, Washington; Portland, Oregon; Phoenix, Arizona; New York City, New York; Austin, Texas; and Boston, Massachusetts.

Further Reading

Institutional Ownership by Quarter for Hawaiian (NASDAQ:HA)

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