Hawaiian Holdings (HA) : Affinity Wealth Management added new position in Hawaiian Holdings during the most recent quarter end. The investment management firm now holds 8,239 shares of Hawaiian Holdings which is valued at $342,907 , the company said in a statement filed on May 12, 2016 with the SEC.Hawaiian Holdings makes up approximately 0.21% of Affinity Wealth Management’s portfolio.
Other Hedge Funds, Including , Ubs Asset Management Americas Inc reduced its stake in HA by selling 2,734 shares or 15.74% in the most recent quarter. The Hedge Fund company now holds 14,632 shares of HA which is valued at $608,984. Cipher Capital Lp added HA to its portfolio by purchasing 9,931 company shares during the most recent quarter which is valued at $413,328. Hawaiian Holdings makes up approx 0.04% of Cipher Capital Lp’s portfolio. Gideon Capital Advisors sold out all of its stake in HA during the most recent quarter. The investment firm sold 6,768 shares of HA which is valued $281,684.Burney Co boosted its stake in HA in the latest quarter, The investment management firm added 19,562 additional shares and now holds a total of 146,580 shares of Hawaiian Holdings which is valued at $6.2 Million. Hawaiian Holdings makes up approx 0.45% of Burney Co’s portfolio.
Hawaiian Holdings opened for trading at $41.51 and hit $41.85 on the upside on Friday, eventually ending the session at $41.31, with a gain of 0.22% or 0.09 points. The heightened volatility saw the trading volume jump to 5,80,869 shares. Company has a market cap of $2,213,762 M.
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. Company shares were Reiterated by Cowen on Apr 22, 2016 to “Market Perform”, Firm has raised the Price Target to $ 48 from a previous price target of $36 .Hawaiian Holdings was Downgraded by Deutsche Bank to ” Hold” on Apr 1, 2016.
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.