Cwm LLC Has $113,000 Stake in Hawaiian Holdings, Inc. (NASDAQ:HA)

Cwm LLC raised its stake in shares of Hawaiian Holdings, Inc. (NASDAQ:HA) by 97.2% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 7,984 shares of the transportation company’s stock after purchasing an additional 3,936 shares during the period. Cwm LLC’s holdings in Hawaiian were worth $113,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Victory Capital Management Inc. lifted its position in shares of Hawaiian by 10.9% during the 3rd quarter. Victory Capital Management Inc. now owns 81,200 shares of the transportation company’s stock worth $514,000 after buying an additional 8,000 shares in the last quarter. Illinois Municipal Retirement Fund bought a new position in shares of Hawaiian during the 3rd quarter worth approximately $215,000. Jump Financial LLC raised its holdings in shares of Hawaiian by 129.0% in the 3rd quarter. Jump Financial LLC now owns 112,953 shares of the transportation company’s stock worth $715,000 after purchasing an additional 63,620 shares during the period. Fox Run Management L.L.C. bought a new stake in shares of Hawaiian in the 3rd quarter worth approximately $83,000. Finally, Barclays PLC raised its holdings in shares of Hawaiian by 96.3% in the 3rd quarter. Barclays PLC now owns 128,061 shares of the transportation company’s stock worth $812,000 after purchasing an additional 62,835 shares during the period. Institutional investors and hedge funds own 70.15% of the company’s stock.

Hawaiian Trading Down 1.8 %

NASDAQ:HA opened at $12.28 on Tuesday. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 16.74. The stock has a market capitalization of $636.72 million, a PE ratio of -2.12 and a beta of 2.37. The firm’s 50 day moving average is $13.29 and its 200 day moving average is $11.65. Hawaiian Holdings, Inc. has a 12 month low of $3.70 and a 12 month high of $14.89.

Hawaiian (NASDAQ:HA) last issued its earnings results on Tuesday, April 23rd. The transportation company reported ($2.77) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($2.75) by ($0.02). Hawaiian had a negative net margin of 10.90% and a negative return on equity of 301.69%. The business had revenue of $645.57 million for the quarter, compared to the consensus estimate of $629.24 million. During the same period in the previous year, the firm earned ($2.17) EPS. The company’s revenue was up 5.4% compared to the same quarter last year. Sell-side analysts expect that Hawaiian Holdings, Inc. will post -5.02 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, Susquehanna lowered their price target on shares of Hawaiian from $15.00 to $14.00 and set a “neutral” rating on the stock in a report on Wednesday, April 24th.

About Hawaiian

Hawaiian Holdings, Inc, through its subsidiary, Hawaiian Airlines, Inc, engages in the scheduled air transportation of passengers and cargo. It provides daily services on North America routes between the State of Hawai'i and Long Beach, Los Angeles, Oakland, Ontario, Sacramento, San Diego, San Francisco, and San Jose, California; Las Vegas, Nevada; Seattle, Washington; Portland, Oregon; Phoenix, Arizona; New York City, New York; Austin, Texas; and Boston, Massachusetts.