Private Management Group Inc. raised its stake in Hawaiian Telcom Holdco, Inc. (NASDAQ:HCOM) by 0.7% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 560,626 shares of the utilities provider’s stock after buying an additional 4,127 shares during the period. Private Management Group Inc. owned 4.84% of Hawaiian Telcom Holdco worth $14,010,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Kennedy Capital Management Inc. boosted its position in shares of Hawaiian Telcom Holdco by 93.6% in the first quarter. Kennedy Capital Management Inc. now owns 228,693 shares of the utilities provider’s stock valued at $5,239,000 after buying an additional 110,542 shares in the last quarter. TFS Capital LLC purchased a new position in Hawaiian Telcom Holdco during the first quarter worth $804,000. Dimensional Fund Advisors LP boosted its position in Hawaiian Telcom Holdco by 6.2% in the first quarter. Dimensional Fund Advisors LP now owns 229,080 shares of the utilities provider’s stock worth $5,248,000 after buying an additional 13,292 shares during the period. Prudential Financial Inc. purchased a new position in Hawaiian Telcom Holdco during the first quarter worth $247,000. Finally, Schwab Charles Investment Management Inc. boosted its position in Hawaiian Telcom Holdco by 36.0% in the second quarter. Schwab Charles Investment Management Inc. now owns 37,868 shares of the utilities provider’s stock worth $947,000 after buying an additional 10,031 shares during the period. Institutional investors and hedge funds own 69.47% of the company’s stock.

Hawaiian Telcom Holdco, Inc. (NASDAQ HCOM) opened at 30.82 on Friday. The company’s 50 day moving average is $29.95 and its 200-day moving average is $25.99. The stock’s market cap is $357.11 million. Hawaiian Telcom Holdco, Inc. has a 1-year low of $20.10 and a 1-year high of $31.30.

Hawaiian Telcom Holdco (NASDAQ:HCOM) last released its quarterly earnings data on Tuesday, August 8th. The utilities provider reported ($0.30) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.16) by $0.14. The business had revenue of $91.30 million during the quarter. Hawaiian Telcom Holdco had a negative return on equity of 1.90% and a negative net margin of 1.55%. Equities research analysts forecast that Hawaiian Telcom Holdco, Inc. will post ($0.84) earnings per share for the current fiscal year.

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A number of research analysts recently weighed in on HCOM shares. BidaskClub upgraded shares of Hawaiian Telcom Holdco from a “sell” rating to a “hold” rating in a research note on Thursday, July 27th. Sidoti cut shares of Hawaiian Telcom Holdco from a “buy” rating to a “neutral” rating in a research note on Monday, July 10th.

Hawaiian Telcom Holdco Company Profile

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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