Zacks: Hawaiian Telcom Holdco, Inc. (HCOM) Receives Average Recommendation of “Hold” from Brokerages

Hawaiian Telcom Holdco, Inc. (NASDAQ:HCOM) has received a consensus broker rating score of 3.00 (Hold) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One research analyst has rated the stock with a hold recommendation.

Zacks has also assigned Hawaiian Telcom Holdco an industry rank of 30 out of 265 based on the ratings given to related companies.

Several brokerages recently weighed in on HCOM. BidaskClub raised shares of Hawaiian Telcom Holdco from a “sell” rating to a “hold” rating in a research note on Thursday, July 27th. Sidoti downgraded shares of Hawaiian Telcom Holdco from a “buy” rating to a “neutral” rating in a research note on Monday, July 10th.

Shares of Hawaiian Telcom Holdco (NASDAQ HCOM) traded down 0.26% during midday trading on Thursday, hitting $30.42. 31,540 shares of the stock were exchanged. Hawaiian Telcom Holdco has a 12-month low of $20.10 and a 12-month high of $31.30. The firm has a 50-day moving average price of $30.15 and a 200 day moving average price of $27.23. The firm’s market cap is $352.48 million.

Hawaiian Telcom Holdco (NASDAQ:HCOM) last released its quarterly earnings data on Tuesday, August 8th. The utilities provider reported ($0.30) EPS for the quarter, missing the consensus estimate of ($0.16) by ($0.14). Hawaiian Telcom Holdco had a negative return on equity of 1.90% and a negative net margin of 1.55%. The business had revenue of $91.30 million during the quarter. Analysts predict that Hawaiian Telcom Holdco will post ($0.84) earnings per share for the current fiscal year.

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Hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. raised its stake in Hawaiian Telcom Holdco by 1.3% in the 1st quarter. Vanguard Group Inc. now owns 436,438 shares of the utilities provider’s stock valued at $9,999,000 after purchasing an additional 5,640 shares during the last quarter. Renaissance Technologies LLC raised its stake in Hawaiian Telcom Holdco by 2.0% in the 1st quarter. Renaissance Technologies LLC now owns 376,100 shares of the utilities provider’s stock valued at $8,616,000 after purchasing an additional 7,500 shares during the last quarter. Sei Investments Co. raised its stake in Hawaiian Telcom Holdco by 5.2% in the 1st quarter. Sei Investments Co. now owns 5,113 shares of the utilities provider’s stock valued at $117,000 after purchasing an additional 252 shares during the last quarter. Teachers Advisors LLC raised its stake in Hawaiian Telcom Holdco by 18.5% in the 4th quarter. Teachers Advisors LLC now owns 15,768 shares of the utilities provider’s stock valued at $391,000 after purchasing an additional 2,462 shares during the last quarter. Finally, Prudential Financial Inc. acquired a new position in Hawaiian Telcom Holdco in the 1st quarter valued at about $247,000. 69.33% of the stock is owned by hedge funds and other institutional investors.

Hawaiian Telcom Holdco Company Profile

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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