Bank of New York Mellon Corp cut its stake in Hawaiian Telcom HoldCo Inc (NASDAQ:HCOM) by 6.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 32,631 shares of the utilities provider’s stock after selling 2,231 shares during the period. Bank of New York Mellon Corp owned 0.28% of Hawaiian Telcom HoldCo worth $973,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in HCOM. Schwab Charles Investment Management Inc. boosted its holdings 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 valued at $947,000 after acquiring an additional 10,031 shares during the last quarter. Federated Investors Inc. PA lifted its stake in Hawaiian Telcom HoldCo by 9.6% in the second quarter. Federated Investors Inc. PA now owns 11,238 shares of the utilities provider’s stock valued at $281,000 after buying an additional 980 shares during the period. Citigroup Inc. lifted its stake in Hawaiian Telcom HoldCo by 3,533.9% in the second quarter. Citigroup Inc. now owns 30,961 shares of the utilities provider’s stock valued at $774,000 after buying an additional 30,109 shares during the period. Penn Capital Management Co. Inc. acquired a new position in Hawaiian Telcom HoldCo in the second quarter valued at approximately $874,000. Finally, Northern Trust Corp lifted its stake in Hawaiian Telcom HoldCo by 3.0% in the second quarter. Northern Trust Corp now owns 92,701 shares of the utilities provider’s stock valued at $2,317,000 after buying an additional 2,683 shares during the period. Institutional investors and hedge funds own 68.89% of the company’s stock.

Hawaiian Telcom HoldCo Inc (HCOM) opened at $30.14 on Friday. Hawaiian Telcom HoldCo Inc has a 12 month low of $22.20 and a 12 month high of $31.91. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 1.35. The stock has a market capitalization of $346.25, a P/E ratio of -3.55 and a beta of 1.17.

Separately, BidaskClub lowered Hawaiian Telcom HoldCo from a “sell” rating to a “strong sell” rating in a research note on Friday, January 5th.

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Hawaiian Telcom HoldCo 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.

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

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