Hawaiian Holdings Inc. (HA) Position Held by Macquarie Group Ltd.
Macquarie Group Ltd. held its stake in Hawaiian Holdings Inc. (NASDAQ:HA) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 37,700 shares of the company’s stock at the end of the second quarter. Macquarie Group Ltd. owned about 0.07% of Hawaiian Holdings worth $1,431,000 as of its most recent SEC filing.
A number of other hedge funds have also added to or reduced their stakes in the company. Fiera Capital Corp purchased a new stake in Hawaiian Holdings during the second quarter valued at approximately $33,414,000. Vanguard Group Inc. raised its stake in Hawaiian Holdings by 13.5% in the second quarter. Vanguard Group Inc. now owns 5,958,584 shares of the company’s stock valued at $226,188,000 after buying an additional 706,642 shares during the last quarter. Renaissance Technologies LLC raised its stake in Hawaiian Holdings by 37.6% in the first quarter. Renaissance Technologies LLC now owns 2,154,200 shares of the company’s stock valued at $101,657,000 after buying an additional 588,300 shares during the last quarter. Numeric Investors LLC raised its stake in Hawaiian Holdings by 87.0% in the second quarter. Numeric Investors LLC now owns 1,163,169 shares of the company’s stock valued at $44,154,000 after buying an additional 541,015 shares during the last quarter. Finally, Norges Bank purchased a new stake in Hawaiian Holdings during the fourth quarter valued at approximately $17,418,000. 88.18% of the stock is owned by institutional investors.
Shares of Hawaiian Holdings Inc. (NASDAQ:HA) opened at 46.59 on Tuesday. The stock’s 50 day moving average is $45.95 and its 200-day moving average is $43.90. The firm has a market cap of $2.49 billion, a PE ratio of 11.03 and a beta of 1.22. Hawaiian Holdings Inc. has a 52 week low of $23.31 and a 52 week high of $50.95.
Hawaiian Holdings (NASDAQ:HA) last announced its quarterly earnings data on Thursday, July 21st. The company reported $1.21 EPS for the quarter, topping the Zacks’ 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 business earned $594.60 million during the quarter, compared to the consensus estimate of $589.04 million. On average, equities analysts predict that Hawaiian Holdings Inc. will post $4.94 EPS for the current fiscal year.
Several equities analysts recently commented on the stock. Bank of America Corp. reaffirmed a “hold” rating and issued a $47.00 price objective on shares of Hawaiian Holdings in a research report on Friday, July 22nd. Deutsche Bank AG raised shares of Hawaiian Holdings from a “hold” rating to a “buy” rating and set a $41.00 price objective for the company in a research report on Monday, June 27th. They noted that the move was a valuation call. Credit Suisse Group AG assumed coverage on shares of Hawaiian Holdings in a research report on Friday, June 10th. They issued a “neutral” rating and a $43.00 price objective for the company. Cowen and Company increased their price objective on shares of Hawaiian Holdings from $46.00 to $48.00 and gave the company a “market perform” rating in a research report on Friday, July 22nd. Finally, Argus raised shares of Hawaiian Holdings from a “hold” rating to a “buy” rating and set a $51.00 price objective for the company in a research report on Tuesday, July 26th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $46.60.
In other Hawaiian Holdings news, CAO Ronald Anderson-Lehman sold 26,582 shares of the business’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 value of $1,221,974.54. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, insider Mark B. Dunkerley sold 5,000 shares of the business’s stock in a transaction that occurred on Thursday, September 15th. The shares were sold at an average price of $46.59, for a total value of $232,950.00. Following the completion of the sale, the insider now owns 580,644 shares of the company’s stock, valued at approximately $27,052,203.96. The disclosure for this sale can be found here. Corporate insiders own 3.40% of the company’s stock.
Hawaiian Holdings Company Profile
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.
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