Shares of Hawaiian Telcom HoldCo. (NASDAQ:HCOM) have been given an average broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy recommendation.
Brokers have set a 12-month consensus target price of $35.00 for the company, according to Zacks. Zacks has also given Hawaiian Telcom HoldCo. an industry rank of 42 out of 265 based on the ratings given to related companies.
A number of analysts recently weighed in on HCOM shares. TheStreet upgraded shares of Hawaiian Telcom HoldCo. from a “sell” rating to a “hold” rating in a research note on Wednesday, August 17th. Zacks Investment Research upgraded shares of Hawaiian Telcom HoldCo. from a “sell” rating to a “hold” rating in a research note on Monday, July 11th.
In other news, Director Eric K. Yeaman sold 14,000 shares of the firm’s stock in a transaction on Thursday, September 29th. The shares were sold at an average price of $22.35, for a total value of $312,900.00. Following the completion of the sale, the director now owns 163,686 shares in the company, valued at approximately $3,658,382.10. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 3.60% of the stock is currently owned by insiders.
Several hedge funds have recently added to or reduced their stakes in the company. Brown Advisory Inc. purchased a new stake in Hawaiian Telcom HoldCo. during the second quarter valued at approximately $4,191,000. Paloma Partners Management Co boosted its stake in Hawaiian Telcom HoldCo. by 6.6% in the second quarter. Paloma Partners Management Co now owns 312,834 shares of the company’s stock valued at $6,629,000 after buying an additional 19,306 shares during the period. Laurion Capital Management LP purchased a new stake in Hawaiian Telcom HoldCo. during the second quarter valued at approximately $324,000. Algert Global LLC boosted its stake in Hawaiian Telcom HoldCo. by 82.2% in the first quarter. Algert Global LLC now owns 32,823 shares of the company’s stock valued at $773,000 after buying an additional 14,811 shares during the period. Finally, Dimensional Fund Advisors LP boosted its stake in Hawaiian Telcom HoldCo. by 6.4% in the second quarter. Dimensional Fund Advisors LP now owns 203,492 shares of the company’s stock valued at $4,312,000 after buying an additional 12,305 shares during the period. Institutional investors own 68.78% of the company’s stock.
Hawaiian Telcom HoldCo. (NASDAQ:HCOM) opened at 22.71 on Tuesday. The firm has a market capitalization of $261.41 million, a price-to-earnings ratio of 202.77 and a beta of 0.94. Hawaiian Telcom HoldCo. has a 52-week low of $19.00 and a 52-week high of $26.19. The company’s 50-day moving average is $22.31 and its 200-day moving average is $22.17.
Hawaiian Telcom HoldCo. (NASDAQ:HCOM) last issued its quarterly earnings results on Monday, August 1st. The company reported $0.13 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.03 by $0.10. Hawaiian Telcom HoldCo. had a net margin of 0.32% and a return on equity of 1.64%. Equities analysts predict that Hawaiian Telcom HoldCo. will post $0.09 earnings per share for the current year.
About Hawaiian Telcom HoldCo.
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.
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