Hawaiian Telcom HoldCo (HCOM) Stock Rating Lowered by BidaskClub

Hawaiian Telcom HoldCo (NASDAQ:HCOM) was downgraded by stock analysts at BidaskClub from a “sell” rating to a “strong sell” rating in a report issued on Friday, January 5th.

Shares of Hawaiian Telcom HoldCo (HCOM) traded up $0.26 during trading hours on Friday, reaching $30.14. 2,000 shares of the company traded hands, compared to its average volume of 10,344. The company has a market cap of $349.26, a P/E ratio of -3.55 and a beta of 1.17. Hawaiian Telcom HoldCo has a one year low of $22.20 and a one year high of $31.91. The company has a debt-to-equity ratio of 1.35, a current ratio of 0.91 and a quick ratio of 0.91.

Hawaiian Telcom HoldCo (NASDAQ:HCOM) last issued its quarterly earnings results on Wednesday, November 8th. The utilities provider reported ($0.29) EPS for the quarter. Hawaiian Telcom HoldCo had a negative net margin of 26.32% and a negative return on equity of 3.08%.

A number of institutional investors have recently added to or reduced their stakes in HCOM. The Manufacturers Life Insurance Company lifted its position in shares of Hawaiian Telcom HoldCo by 0.7% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 4,117 shares of the utilities provider’s stock worth $103,000 after purchasing an additional 28 shares during the period. Rhumbline Advisers purchased a new stake in shares of Hawaiian Telcom HoldCo in the 3rd quarter worth approximately $228,000. OxFORD Asset Management LLP lifted its position in shares of Hawaiian Telcom HoldCo by 7.7% in the 2nd quarter. OxFORD Asset Management LLP now owns 9,730 shares of the utilities provider’s stock worth $243,000 after purchasing an additional 698 shares during the period. Sei Investments Co. lifted its position in shares of Hawaiian Telcom HoldCo by 99.7% in the 2nd quarter. Sei Investments Co. now owns 10,212 shares of the utilities provider’s stock worth $255,000 after purchasing an additional 5,099 shares during the period. Finally, Stevens Capital Management LP purchased a new stake in shares of Hawaiian Telcom HoldCo in the 3rd quarter worth approximately $275,000. 68.89% of the stock is owned by 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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