9,324 Shares in Hawaiian Holdings Inc. (HA) Acquired by Mason Street Advisors LLC
Mason Street Advisors LLC purchased a new stake in Hawaiian Holdings Inc. (NASDAQ:HA) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 9,324 shares of the company’s stock, valued at approximately $354,000.
A number of other hedge funds and other institutional investors also recently modified their holdings of HA. Affinity Wealth Management acquired a new position in Hawaiian Holdings during the first quarter worth about $389,000. UBS Group AG increased its position in Hawaiian Holdings by 56.3% in the first quarter. UBS Group AG now owns 41,497 shares of the company’s stock worth $1,958,000 after buying an additional 14,939 shares during the last quarter. Lazard Asset Management LLC acquired a new position in Hawaiian Holdings during the first quarter worth about $3,092,000. State Street Corp increased its position in Hawaiian Holdings by 2.0% in the first quarter. State Street Corp now owns 1,026,827 shares of the company’s stock worth $48,458,000 after buying an additional 19,954 shares during the last quarter. Finally, Canada Pension Plan Investment Board increased its position in Hawaiian Holdings by 16.4% in the first quarter. Canada Pension Plan Investment Board now owns 513,700 shares of the company’s stock worth $24,242,000 after buying an additional 72,500 shares during the last quarter. Institutional investors and hedge funds own 88.18% of the company’s stock.
Hawaiian Holdings Inc. (NASDAQ:HA) opened at 50.82 on Friday. Hawaiian Holdings Inc. has a 1-year low of $26.24 and a 1-year high of $51.53. The company has a 50 day moving average of $47.33 and a 200 day moving average of $44.21. The company has a market capitalization of $2.71 billion, a PE ratio of 12.03 and a beta of 1.30.
Hawaiian Holdings (NASDAQ:HA) last issued its quarterly earnings results on Thursday, July 21st. The company reported $1.21 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.15 by $0.06. Hawaiian Holdings had a return on equity of 50.15% and a net margin of 10.50%. The firm had revenue of $594.60 million for the quarter, compared to analyst estimates of $589.04 million. On average, analysts predict that Hawaiian Holdings Inc. will post $4.94 earnings per share for the current fiscal year.
A number of analysts recently weighed in on HA shares. Vetr downgraded shares of Hawaiian Holdings from a “buy” rating to a “hold” rating and set a $42.00 price target on the stock. in a research report on Thursday, July 7th. Deutsche Bank AG raised Hawaiian Holdings from a “hold” rating to a “buy” rating and set a $41.00 target price for the company in a research note on Monday, June 27th. They noted that the move was a valuation call. Morgan Stanley reissued a “sell” rating and set a $43.00 target price on shares of Hawaiian Holdings in a research note on Sunday, August 21st. Argus raised Hawaiian Holdings from a “hold” rating to a “buy” rating and set a $51.00 target price for the company in a research note on Tuesday, July 26th. Finally, Imperial Capital assumed coverage on Hawaiian Holdings in a research note on Tuesday, September 6th. They set an “outperform” rating and a $58.00 target price for the company. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and four have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $46.60.
In other news, CAO Ronald Anderson-Lehman sold 26,582 shares of the company’s stock in a transaction that occurred on Tuesday, July 26th. The stock was sold at an average price of $45.97, for a total transaction of $1,221,974.54. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Mark B. Dunkerley sold 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, July 27th. The stock was sold at an average price of $46.01, for a total value of $230,050.00. Following the transaction, the insider now directly owns 595,644 shares in the company, valued at $27,405,580.44. The disclosure for this sale can be found here. 3.40% of the stock is owned by company insiders.
About Hawaiian Holdings
Hawaiian Holdings, Inc is a holding company. The Company, through its subsidiary, Hawaiian Airlines, Inc (Hawaiian) 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), collectively referred to as the Company’s Scheduled Operations.
Want to see what other hedge funds are holding HA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hawaiian Holdings Inc. (NASDAQ:HA).
Receive News & Ratings for Hawaiian Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hawaiian Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.