Hawaiian Holdings (HA) : Affinity Wealth Management reduced its stake in Hawaiian Holdings by 11.6% during the most recent quarter end. The investment management company now holds a total of 7,283 shares of Hawaiian Holdings which is valued at $323,875 after selling 956 shares in Hawaiian Holdings , the firm said in a disclosure report filed with the SEC on Aug 10, 2016.Hawaiian Holdings makes up approximately 0.21% of Affinity Wealth Management’s portfolio.
Other Hedge Funds, Including , Tower Research Capital (trc) boosted its stake in HA in the latest quarter, The investment management firm added 10,637 additional shares and now holds a total of 11,135 shares of Hawaiian Holdings which is valued at $495,173. Hawaiian Holdings makes up approx 0.04% of Tower Research Capital (trc)’s portfolio.Winslow Asset Management Inc reduced its stake in HA by selling 1,200 shares or 7.49% in the most recent quarter. The Hedge Fund company now holds 14,820 shares of HA which is valued at $666,159. Hawaiian Holdings makes up approx 0.14% of Winslow Asset Management Inc’s portfolio.First Trust Advisors Lp reduced its stake in HA by selling 35,837 shares or 40.28% in the most recent quarter. The Hedge Fund company now holds 53,140 shares of HA which is valued at $2,431,686. Hawaiian Holdings makes up approx 0.01% of First Trust Advisors Lp’s portfolio.Ftb Advisors boosted its stake in HA in the latest quarter, The investment management firm added 10 additional shares and now holds a total of 253 shares of Hawaiian Holdings which is valued at $11,519.First Citizens Bank Trust Co reduced its stake in HA by selling 8,000 shares or 55.4% in the most recent quarter. The Hedge Fund company now holds 6,440 shares of HA which is valued at $293,213. Hawaiian Holdings makes up approx 0.03% of First Citizens Bank Trust Co’s portfolio.
Hawaiian Holdings closed down -0.05 points or -0.11% at $45.07 with 5,18,079 shares getting traded on Friday. Post opening the session at $45.12, the shares hit an intraday low of $44.6601 and an intraday high of $45.75 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
On the company’s financial health, Hawaiian Holdings reported $0.80 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Apr 21, 2016. Analyst had a consensus of $0.76. The company had revenue of $551.20 million for the quarter, compared to analysts expectations of $558.41 million. The company’s revenue was up 2.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.38 EPS.
Many Wall Street Analysts have commented on Hawaiian Holdings. Hawaiian Holdings was Upgraded by Argus to ” Buy” on Jul 26, 2016. Company shares were Reiterated by Cowen on Jul 22, 2016 to “Market Perform”, Firm has raised the Price Target to $ 48 from a previous price target of $46 .Company shares were Reiterated by Deutsche Bank on Jul 8, 2016 to “Buy”, Firm has raised the Price Target to $ 47 from a previous price target of $41 .
Hawaiian Holdings Inc. is a holding company. Through its subsidiary Hawaiian Airlines Inc. the Company is engaged in the scheduled air transportation of passengers and cargo. The Company offers transportation 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). In addition it operates various charter flights and offers non-stop services to Hawai’i from 11 United States gateway cities. It also provides approximately 166 daily flights between the Hawaiian Islands. The Company’s fleet has approximately 18 Boeing 717-200 aircraft for the Neighbor Island routes and 10 Boeing 767-300 aircraft and 19 Airbus A330-200 aircraft for the North America international and charter routes. It owns three ATR42 turboprop aircraft for the Ohana by Hawaiian Neighbor Island service.