Renaissance Technologies LLC Sells 281,700 Shares of Hawaiian Holdings, Inc. (HA)

Renaissance Technologies LLC decreased its holdings in shares of Hawaiian Holdings, Inc. (NASDAQ:HA) by 17.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,342,700 shares of the transportation company’s stock after selling 281,700 shares during the quarter. Renaissance Technologies LLC owned about 2.56% of Hawaiian worth $53,507,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also bought and sold shares of HA. Alliancebernstein L.P. grew its position in shares of Hawaiian by 1,244.7% during the 4th quarter. Alliancebernstein L.P. now owns 1,233,908 shares of the transportation company’s stock valued at $49,171,000 after buying an additional 1,142,148 shares during the last quarter. Royce & Associates LP boosted its stake in Hawaiian by 191,969.7% during the 4th quarter. Royce & Associates LP now owns 678,006 shares of the transportation company’s stock valued at $27,019,000 after purchasing an additional 677,653 shares during the period. Wells Fargo & Company MN boosted its stake in Hawaiian by 219.2% during the 3rd quarter. Wells Fargo & Company MN now owns 561,166 shares of the transportation company’s stock valued at $21,072,000 after purchasing an additional 385,337 shares during the period. Engineers Gate Manager LP acquired a new stake in shares of Hawaiian in the 3rd quarter worth approximately $3,787,000. Finally, Dimensional Fund Advisors LP lifted its stake in shares of Hawaiian by 5.6% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,847,471 shares of the transportation company’s stock worth $69,371,000 after acquiring an additional 98,308 shares during the period. Institutional investors and hedge funds own 90.08% of the company’s stock.

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Shares of Hawaiian stock traded down $1.25 during mid-day trading on Friday, reaching $39.95. 798,519 shares of the stock were exchanged, compared to its average volume of 1,116,264. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.53. The stock has a market capitalization of $2,078.04, a P/E ratio of 7.08, a price-to-earnings-growth ratio of 3.39 and a beta of 1.50. Hawaiian Holdings, Inc. has a fifty-two week low of $32.40 and a fifty-two week high of $59.45.

Hawaiian (NASDAQ:HA) last posted its quarterly earnings data on Monday, January 29th. The transportation company reported $1.10 earnings per share for the quarter, beating the consensus estimate of $1.00 by $0.10. The firm had revenue of $686.50 million during the quarter, compared to analysts’ expectations of $686.00 million. Hawaiian had a net margin of 13.51% and a return on equity of 36.52%. The company’s quarterly revenue was up 8.5% compared to the same quarter last year. During the same quarter last year, the company posted $1.28 EPS. equities analysts anticipate that Hawaiian Holdings, Inc. will post 5.29 earnings per share for the current year.

In other news, Director Donald J. Carty acquired 5,000 shares of Hawaiian stock in a transaction that occurred on Friday, March 16th. The shares were acquired at an average price of $37.79 per share, with a total value of $188,950.00. Following the purchase, the director now directly owns 18,675 shares of the company’s stock, valued at $705,728.25. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 2.30% of the stock is owned by company insiders.

HA has been the subject of several recent research reports. BidaskClub raised shares of Hawaiian from a “sell” rating to a “hold” rating in a research note on Wednesday, December 27th. Argus restated a “hold” rating and set a $61.00 price target on shares of Hawaiian in a report on Thursday, January 11th. Stifel Nicolaus boosted their price target on shares of Hawaiian from $40.00 to $45.00 and gave the company a “hold” rating in a report on Tuesday, January 30th. Imperial Capital upped their price objective on shares of Hawaiian from $75.00 to $80.00 and gave the company an “outperform” rating in a research note on Tuesday, January 30th. Finally, ValuEngine lowered shares of Hawaiian from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and five have given a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $49.33.

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Hawaiian Company Profile

Hawaiian Holdings, Inc is a holding company. The Company is engaged in the scheduled air transportation of passengers and cargo 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 its Scheduled Operations.

Institutional Ownership by Quarter for Hawaiian (NASDAQ:HA)

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