Hawaiian Telcom HoldCo (NASDAQ:HCOM) announced its quarterly earnings results on Tuesday. The utilities provider reported ($0.78) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.19) by ($0.59), Morningstar.com reports. Hawaiian Telcom HoldCo had a negative net margin of 26.32% and a negative return on equity of 3.08%.
Shares of Hawaiian Telcom HoldCo (NASDAQ:HCOM) opened at $27.73 on Wednesday. Hawaiian Telcom HoldCo has a 12 month low of $22.20 and a 12 month high of $31.91. The company has a market capitalization of $323.88, a PE ratio of -3.27 and a beta of 1.04. The company has a debt-to-equity ratio of 1.35, a quick ratio of 0.91 and a current ratio of 0.91.
Several hedge funds have recently made changes to their positions in the company. Northern Trust Corp lifted its stake in shares of Hawaiian Telcom HoldCo by 3.0% in the second quarter. Northern Trust Corp now owns 92,701 shares of the utilities provider’s stock worth $2,317,000 after acquiring an additional 2,683 shares during the period. Vanguard Group Inc. lifted its stake in shares of Hawaiian Telcom HoldCo by 1.2% in the second quarter. Vanguard Group Inc. now owns 441,495 shares of the utilities provider’s stock worth $11,033,000 after acquiring an additional 5,057 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of Hawaiian Telcom HoldCo by 7.5% in the second quarter. Dimensional Fund Advisors LP now owns 246,345 shares of the utilities provider’s stock worth $6,156,000 after acquiring an additional 17,265 shares during the period. The Manufacturers Life Insurance Company lifted its stake in shares of Hawaiian Telcom HoldCo by 0.7% in the second quarter. The Manufacturers Life Insurance Company now owns 4,117 shares of the utilities provider’s stock worth $103,000 after acquiring an additional 28 shares during the period. Finally, Stevens Capital Management LP acquired a new position in shares of Hawaiian Telcom HoldCo in the third quarter worth approximately $275,000. 68.45% of the stock is currently owned by hedge funds and other institutional investors.
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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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