Hawaiian Telcom HoldCo. (NASDAQ:HCOM) has received an average broker rating score of 1.00 (Strong Buy) from the one analysts that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy recommendation.
Analysts have set a 12 month consensus price objective of $35.00 for the company, according to Zacks. Zacks has also assigned Hawaiian Telcom HoldCo. an industry rank of 47 out of 265 based on the ratings given to its competitors.
HCOM has been the subject of a number of research analyst reports. TheStreet upgraded Hawaiian Telcom HoldCo. from a “sell” rating to a “hold” rating in a research note on Wednesday, August 17th. Zacks Investment Research upgraded Hawaiian Telcom HoldCo. from a “sell” rating to a “hold” rating in a research note on Monday, July 11th.
In related news, Director Eric K. Yeaman sold 14,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 29th. The stock was sold at an average price of $22.35, for a total transaction of $312,900.00. Following the completion of the transaction, the director now owns 163,686 shares of the company’s stock, valued at approximately $3,658,382.10. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 3.60% of the company’s stock.
A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Brown Advisory Inc. bought a new position in Hawaiian Telcom HoldCo. during the second quarter worth $4,191,000. Paloma Partners Management Co raised its position 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 worth $6,629,000 after buying an additional 19,306 shares during the period. Laurion Capital Management LP bought a new position in Hawaiian Telcom HoldCo. during the second quarter worth $324,000. Algert Global LLC raised its position in Hawaiian Telcom HoldCo. by 82.2% in the first quarter. Algert Global LLC now owns 32,823 shares of the company’s stock worth $773,000 after buying an additional 14,811 shares during the period. Finally, Dimensional Fund Advisors LP raised its position 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 worth $4,312,000 after buying an additional 12,305 shares during the period. 68.78% of the stock is owned by institutional investors.
Hawaiian Telcom HoldCo. (NASDAQ:HCOM) traded down 0.72% on Tuesday, reaching $22.16. The company’s stock had a trading volume of 2,096 shares. The company’s 50 day moving average price is $22.34 and its 200-day moving average price is $22.18. Hawaiian Telcom HoldCo. has a 12-month low of $19.00 and a 12-month high of $26.19. The stock has a market cap of $255.08 million, a PE ratio of 197.86 and a beta of 0.94.
Hawaiian Telcom HoldCo. (NASDAQ:HCOM) last released its earnings results on Monday, August 1st. The company reported $0.13 EPS for the quarter, beating the Zacks’ consensus estimate of $0.03 by $0.10. Hawaiian Telcom HoldCo. had a return on equity of 1.64% and a net margin of 0.32%. On average, equities analysts expect that Hawaiian Telcom HoldCo. will post $0.09 EPS 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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