Here is the rundown on market activity for Hawaiian Holdings, Inc. (NASDAQ:HA). Yesterday Director Lawrence Hershfield disclosed the sale of 20,000 shares of (HA). The shares were sold on September 23rd for an average price of $47.48. The Director now owns $19,308,407 of the stock according to the SEC filing. Theodoros Panagiotoulias, SVP – Global Sales & Alliances disclosed the sale of 1,508 shares of HA stock. The shares were purchased at an average price of $47.19. Panagiotoulias now owns $510,785 of the stock per the Form 4 SEC filing.
Director Richard N. Zwern sold 17,500 shares at an average price of $46.81 on Tue the 30th. The Director now owns $1,538,457 of the stock as reported to the SEC.
The following firms have also recently changed their position in HA. Mason Street Advisors, LLC expanded its investment by buying 1,691 shares an increase of 22.2% from 12/31/2015 to 06/30/2016. Mason Street Advisors, LLC owns 9,324 shares valued at $354,000. The value of the position overall is up by 31.1%. As of the end of the quarter Northwestern Mutual Wealth Management Co had sold 292 shares trimming its holdings by 53.1%. The value of the company’s investment in Hawaiian Holdings, Inc. decreased from $26,000 to $10,000 decreasing 61.5% quarter to quarter.
Royal Bank Of Canada bolstered its position by buying 27 shares an increase of 1,350.0% as of 06/30/2016. Royal Bank Of Canada claims 29 shares worth $1,000. The total value of its holdings increased 0.0%. As of quarter end Ifp Advisors, Inc had acquired a total of 1,098 shares growing its stake by 112.6%. The value of the investment in (HA) went from $46,000 to $79,000 a change of $33,000 for the reporting period.
On July 26 the company was rated “Buy” in a report from Argus Research a boost from the previous “Hold” rating. On June 27, 2016 the stock rating was set at “Buy” according to a Deutsche Bank report up from the previous “Neutral” rating.
Credit Suisse issued its first research report on the stock with a rating of “Neutral” and a price target of $43.00. On May 4 analysts at Argus Research starting coverage on HA giving it an initial rating of “Hold”.
On April 1 the company was downgraded to “Neutral” from “Buy” by analysts at Deutsche Bank. On January 28, 2016 the stock rating was changed to a “Neutral” by Bank of America which was a boost from the previous “Underperform” rating.
The company is now up since yesterday’s close of $46.61. Shares last traded at $48.52 which is slightly above the 50 day moving average of $46.21 and just above the 200 day moving average of $43.97. The 50 day moving average was up $2.31 whereas the 200 day moving average was up $4.55 or +10.35%.
The P/E ratio is currently 11.49 and the market cap of the company is 2.59B. As of the latest earnings report the EPS was $4.22 and is expected to be $4.94 for the current year with 53,418,000 shares presently outstanding. Next quarter’s EPS is expected be $1.13 and the next full year EPS is anticipated to be $4.41.
Short traders are more bullish on shares of Hawaiian Holdings, Inc. lately if you put credence in the change in short interest. The firm realized a fall in short interest of -0.02% between August 31, 2016 and September 15, 2016. Short interest fell from 2,403,767 to 2,359,204 over that period. With short interest at 2,359,204 and short average daily volume at 564,069, days to cover is 4.2 and the percentage of shorted shares was 0.04% on September 15.