Hawaiian Electric Industries (NYSE:HE) has an average broker rating of 3.67, which is interpreted as a Sell, as rated by 3 equity analysts. Nevertheless, the majority of 2 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.
Company shares have received an average consensus rating of Hold for the current week
Hawaiian Electric Industries (NYSE:HE): stock turned positive on Tuesday. Though the stock opened at $34.04, the bulls momentum made the stock top out at $34.98 level for the day. The stock recorded a low of $33.83 and closed the trading day at $34.4, in the green by 0.88%. The total traded volume for the day was 819,593. The stock had closed at $34.1 in the previous days trading.
In an insider trading activity, Fowler Peggy Y, director of Hawaiian Electric Industries Inc, had purchased 237 shares on December 30, 2014. The total value of the transaction was $8,134. The information was disclosed with the SEC in a Form 4 Filing. The information is based on open market trades at the market prices.Option exercises are not covered.
Hawaiian Electric Industries, Inc. (HEI) is a holding company with its principal subsidiaries engaged in electric utility and banking businesses operating primarily in the State of Hawaii. The Company operates through two segments: Electric utility and Bank. The Company operates its electric utility business through Hawaiian Electric Company, Inc. (Hawaiian Electric) and its wholly owned subsidiaries, Hawaii Electric Light Company, Inc. (Hawaii Electric Light) and Maui Electric Company, Limited (Maui Electric). The Electric utility segment is involved in the business of generating, purchasing, transmitting, distributing and selling electric energy on all principal islands in Hawaii other than Kauai and operates on five separate grids. The Company operates its Bank segment through its bank subsidiaries, ASB Hawaii, Inc. (ASB Hawaii) and American Savings Bank, F.S.B. (ASB). ASB provides a range of banking and other financial services to consumers and businesses.