Algert Global LLC cut its position in shares of Hawaiian Telcom Holdco, Inc. (NASDAQ:HCOM) by 11.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,535 shares of the utilities provider’s stock after selling 5,300 shares during the period. Algert Global LLC’s holdings in Hawaiian Telcom Holdco were worth $988,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Sei Investments Co. raised its position in shares of Hawaiian Telcom Holdco by 5.2% in the first quarter. Sei Investments Co. now owns 5,113 shares of the utilities provider’s stock worth $117,000 after buying an additional 252 shares during the period. First Quadrant L P CA raised its position in shares of Hawaiian Telcom Holdco by 50.2% in the second quarter. First Quadrant L P CA now owns 5,496 shares of the utilities provider’s stock worth $137,000 after buying an additional 1,836 shares during the period. Oxford Asset Management bought a new position in shares of Hawaiian Telcom Holdco during the first quarter worth approximately $207,000. Russell Investments Group Ltd. bought a new position in shares of Hawaiian Telcom Holdco during the fourth quarter worth approximately $263,000. Finally, Prudential Financial Inc. bought a new position in shares of Hawaiian Telcom Holdco during the first quarter worth approximately $247,000. Institutional investors and hedge funds own 68.81% of the company’s stock.

Hawaiian Telcom Holdco, Inc. (NASDAQ:HCOM) opened at 31.15 on Thursday. Hawaiian Telcom Holdco, Inc. has a 12 month low of $20.10 and a 12 month high of $31.27. The firm’s 50 day moving average is $27.76 and its 200-day moving average is $25.30. The firm’s market cap is $360.94 million.

Hawaiian Telcom Holdco (NASDAQ:HCOM) last announced its quarterly earnings data on Tuesday, August 8th. The utilities provider reported ($0.30) EPS for the quarter, missing the consensus estimate of ($0.16) by $0.14. The company had revenue of $91.30 million during the quarter. Hawaiian Telcom Holdco had a negative return on equity of 1.91% and a negative net margin of 1.55%. On average, equities analysts forecast that Hawaiian Telcom Holdco, Inc. will post ($0.59) EPS for the current year.

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A number of brokerages recently commented on HCOM. BidaskClub upgraded shares of Hawaiian Telcom Holdco from a “sell” rating to a “hold” rating in a research note on Thursday, July 27th. TheStreet upgraded shares of Hawaiian Telcom Holdco from a “d+” rating to a “c-” rating in a research note on Wednesday, April 26th. Finally, Sidoti lowered shares of Hawaiian Telcom Holdco from a “buy” rating to a “neutral” rating in a research note on Monday, July 10th.

About Hawaiian Telcom Holdco

Hawaiian Telcom Holdco, Inc is a provider of communications services and products in Hawaii. The Company operates through two business segments: Telecommunications and Data Center Colocation. The Telecommunications segment provides local telephone service, including voice and data transport, custom calling features, network access, directory assistance and private lines.

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Institutional Ownership by Quarter for Hawaiian Telcom Holdco (NASDAQ:HCOM)

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