The Manufacturers Life Insurance Company Has $256,000 Stake in Hawaiian Holdings, Inc. (NASDAQ:HA)

The Manufacturers Life Insurance Company grew its stake in Hawaiian Holdings, Inc. (NASDAQ:HA) by 6.3% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 20,562 shares of the transportation company’s stock after buying an additional 1,226 shares during the period. The Manufacturers Life Insurance Company’s holdings in Hawaiian were worth $256,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Price T Rowe Associates Inc. MD boosted its position in shares of Hawaiian by 4.9% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 46,730 shares of the transportation company’s stock valued at $623,000 after acquiring an additional 2,186 shares in the last quarter. Rhumbline Advisers boosted its position in shares of Hawaiian by 1.3% during the 2nd quarter. Rhumbline Advisers now owns 249,992 shares of the transportation company’s stock valued at $3,107,000 after acquiring an additional 3,239 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in shares of Hawaiian by 210.4% during the 4th quarter. PNC Financial Services Group Inc. now owns 5,487 shares of the transportation company’s stock valued at $78,000 after acquiring an additional 3,719 shares in the last quarter. Skandinaviska Enskilda Banken AB publ boosted its position in shares of Hawaiian by 39.1% during the 2nd quarter. Skandinaviska Enskilda Banken AB publ now owns 13,910 shares of the transportation company’s stock valued at $173,000 after acquiring an additional 3,910 shares in the last quarter. Finally, Harbor Capital Advisors Inc. boosted its position in shares of Hawaiian by 19.1% during the 2nd quarter. Harbor Capital Advisors Inc. now owns 24,443 shares of the transportation company’s stock valued at $304,000 after acquiring an additional 3,925 shares in the last quarter. 70.15% of the stock is currently owned by institutional investors and hedge funds.

Hawaiian Trading Up 3.9 %

Shares of NASDAQ HA opened at $18.00 on Friday. Hawaiian Holdings, Inc. has a 1-year low of $3.70 and a 1-year high of $18.00. The company has a market cap of $933.28 million, a PE ratio of -3.11 and a beta of 2.40. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 16.74. The company has a 50-day moving average of $17.41 and a two-hundred day moving average of $14.54.

Hawaiian (NASDAQ:HA) last announced its earnings results on Tuesday, July 30th. The transportation company reported ($1.37) earnings per share for the quarter, missing analysts’ consensus estimates of ($1.34) by ($0.03). Hawaiian had a negative return on equity of 1,220.98% and a negative net margin of 12.80%. The company had revenue of $731.91 million during the quarter, compared to the consensus estimate of $745.68 million. During the same period in the prior year, the firm posted ($0.47) earnings per share. The company’s revenue was up 3.5% on a year-over-year basis. As a group, equities analysts expect that Hawaiian Holdings, Inc. will post -7.62 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, TD Cowen lifted their price target on shares of Hawaiian from $13.00 to $18.00 and gave the company a “hold” rating in a report on Wednesday, August 21st.

Hawaiian Company Profile

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.