Actinver Wealth Management Inc. Purchases New Stake in Hawaiian Holdings, Inc. (NASDAQ:HA)

Actinver Wealth Management Inc. acquired a new stake in shares of Hawaiian Holdings, Inc. (NASDAQ:HA) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 19,763 shares of the transportation company’s stock, valued at approximately $522,000.

Other large investors also recently modified their holdings of the company. Texas Permanent School Fund boosted its position in shares of Hawaiian by 1.3% during the 4th quarter. Texas Permanent School Fund now owns 32,329 shares of the transportation company’s stock valued at $854,000 after acquiring an additional 404 shares during the last quarter. State Board of Administration of Florida Retirement System lifted its position in Hawaiian by 1.8% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 33,844 shares of the transportation company’s stock valued at $894,000 after purchasing an additional 597 shares during the last quarter. Bell Rock Capital LLC lifted its position in Hawaiian by 26.3% in the fourth quarter. Bell Rock Capital LLC now owns 3,824 shares of the transportation company’s stock valued at $101,000 after purchasing an additional 797 shares during the last quarter. Teachers Advisors LLC lifted its position in Hawaiian by 1.2% in the third quarter. Teachers Advisors LLC now owns 98,264 shares of the transportation company’s stock valued at $3,940,000 after purchasing an additional 1,204 shares during the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its position in Hawaiian by 12.8% in the third quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 12,113 shares of the transportation company’s stock valued at $486,000 after purchasing an additional 1,373 shares during the last quarter. Institutional investors and hedge funds own 90.40% of the company’s stock.

HA stock traded up $0.25 during trading on Friday, reaching $27.22. The stock had a trading volume of 1,040,018 shares, compared to its average volume of 898,474. Hawaiian Holdings, Inc. has a 52 week low of $24.24 and a 52 week high of $44.25. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.70 and a current ratio of 0.70. The company has a market cap of $1.30 billion, a price-to-earnings ratio of 5.00 and a beta of 1.80.

Hawaiian (NASDAQ:HA) last issued its quarterly earnings results on Tuesday, April 23rd. The transportation company reported $0.67 EPS for the quarter, topping analysts’ consensus estimates of $0.66 by $0.01. The business had revenue of $656.75 million during the quarter, compared to analysts’ expectations of $653.57 million. Hawaiian had a return on equity of 26.49% and a net margin of 8.52%. The business’s quarterly revenue was down 1.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.09 earnings per share. Equities analysts predict that Hawaiian Holdings, Inc. will post 3.96 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, May 31st. Shareholders of record on Friday, May 17th will be given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 1.76%. The ex-dividend date of this dividend is Thursday, May 16th. Hawaiian’s payout ratio is 8.82%.

Several equities analysts have recently issued reports on HA shares. Deutsche Bank cut Hawaiian from a “hold” rating to a “sell” rating and reduced their target price for the company from $33.00 to $27.00 in a research note on Monday, March 4th. Imperial Capital reduced their price target on Hawaiian from $40.00 to $36.00 and set an “outperform” rating on the stock in a research note on Thursday, March 28th. ValuEngine raised Hawaiian from a “strong sell” rating to a “sell” rating in a research note on Tuesday, February 19th. BidaskClub raised Hawaiian from a “sell” rating to a “hold” rating in a research note on Wednesday, January 9th. Finally, Buckingham Research cut their target price on Hawaiian from $33.00 to $28.00 and set a “neutral” rating on the stock in a research note on Friday, March 8th. Five research analysts have rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $34.60.

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Hawaiian Profile

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

Further Reading: Bar Chart

Institutional Ownership by Quarter for Hawaiian (NASDAQ:HA)

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