Hawaiian Holdings, Inc. Stock Was Bought By Options Traders

 Hawaiian Holdings, Inc. Stock Was Bought By Options Traders

In today’s session Hawaiian Holdings, Inc. (HA) registered an unusually high (356) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2016 call, expecting serious HA increase. With 356 contracts traded and 324 open interest for the Dec, 16 contract, it seems this is a quite bullish bet. The option with symbol: HA161216C00055000 closed last at: $0.6 or 71.4% up. The stock increased 0.48% or $0.25 on November 23, hitting $52.35. About 597,698 shares traded hands. Hawaiian Holdings, Inc. (NASDAQ:HA) has risen 18.98% since April 22, 2016 and is uptrending. It has outperformed by 13.57% the S&P500.

Analysts await Hawaiian Holdings, Inc. (NASDAQ:HA) to report earnings on January, 24. They expect $1.18 earnings per share, up 38.82% or $0.33 from last year’s $0.85 per share. HA’s profit will be $65.37 million for 11.09 P/E if the $1.18 EPS becomes a reality. After $1.92 actual earnings per share reported by Hawaiian Holdings, Inc. for the previous quarter, Wall Street now forecasts -38.54% negative EPS growth.

Hawaiian Holdings, Inc. (NASDAQ:HA) Ratings Coverage

Out of 9 analysts covering Hawaiian Holdings (NASDAQ:HA), 5 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 56% are positive. Hawaiian Holdings has been the topic of 27 analyst reports since July 30, 2015 according to StockzIntelligence Inc. As per Tuesday, November 10, the company rating was downgraded by Wolfe Research. The firm earned “Market Perform” rating on Wednesday, July 29 by Cowen & Co. The firm earned “Buy” rating on Wednesday, January 27 by Deutsche Bank. As per Friday, July 8, the company rating was maintained by Deutsche Bank. Credit Suisse initiated Hawaiian Holdings, Inc. (NASDAQ:HA) on Friday, June 10 with “Neutral” rating. The firm has “Outperform” rating given on Thursday, January 7 by Wolfe Research. Argus Research upgraded the stock to “Buy” rating in Tuesday, July 26 report. The company was upgraded on Monday, June 27 by Deutsche Bank. Cowen & Co maintained Hawaiian Holdings, Inc. (NASDAQ:HA) rating on Friday, July 22. Cowen & Co has “Market Perform” rating and $48 price target. The stock of Hawaiian Holdings, Inc. (NASDAQ:HA) earned “Neutral” rating by Citigroup on Friday, November 18.

According to Zacks Investment Research, “Hawaiian Holdings is a holding company of Hawaiian Airlines. Hawaiian Airlines is the largest airline headquartered in Hawaii. They are engaged primarily in the scheduled transportation of passengers, cargo and mail. Scheduled passenger service consists of daily service between Hawaii and Las Vegas, Nevada and the four key United States West Coast gateway cities of Los Angeles and San Francisco, California, Seattle, Washington and Portland, Oregon; daily service among the major islands of Hawaii; and bi-weekly service to Pago Pago, American Samoa, Papeete and Tahiti.”

Insitutional Activity: The institutional sentiment increased to 1.15 in Q2 2016. Its up 0.08, from 1.07 in 2016Q1. The ratio increased, as 31 funds sold all Hawaiian Holdings, Inc. shares owned while 88 reduced positions. 43 funds bought stakes while 84 increased positions. They now own 46.20 million shares or 16.22% less from 55.14 million shares in 2016Q1.
Adams Asset Advsrs Limited Co has invested 0.11% of its portfolio in Hawaiian Holdings, Inc. (NASDAQ:HA). Ny State Common Retirement Fund accumulated 0.02% or 386,322 shares. The Missouri-based American Century Cos has invested 0.02% in Hawaiian Holdings, Inc. (NASDAQ:HA). Clarivest Asset Mgmt Ltd Liability Corp last reported 0.05% of its portfolio in the stock. The Massachusetts-based Frontier Cap Llc has invested 0.06% in Hawaiian Holdings, Inc. (NASDAQ:HA). Arcadia Invest Mgmt Mi has invested 0% of its portfolio in Hawaiian Holdings, Inc. (NASDAQ:HA). Point72 Asset Mngmt L P owns 12,400 shares or 0% of their US portfolio. First Comml Bank has 7,555 shares for 0.03% of their US portfolio. Tocqueville Asset Ltd Partnership, a New York-based fund reported 10,450 shares. Tower Research Capital Ltd (Trc) holds 11,135 shares or 0.04% of its portfolio. Moreover, Gotham Asset Mgmt Ltd Com has 0.32% invested in Hawaiian Holdings, Inc. (NASDAQ:HA) for 704,267 shares. Blackrock holds 0% or 10,217 shares in its portfolio. Gerstein Fisher holds 0.07% or 14,953 shares in its portfolio. Tci Wealth Advsrs accumulated 74 shares or 0% of the stock. Numeric Invsts Ltd has 1.16 million shares for 0.39% of their US portfolio.

Insider Transactions: Since June 7, 2016, the stock had 0 buys, and 19 sales for $10.08 million net activity. Zwern Richard N also sold $819,175 worth of Hawaiian Holdings, Inc. (NASDAQ:HA) shares. Shares for $739,215 were sold by SWELBAR WILLIAM S. The insider DUNKERLEY MARK B sold 10,000 shares worth $473,595. ANDERSON-LEHMAN RONALD also sold $1.22M worth of Hawaiian Holdings, Inc. (NASDAQ:HA) shares. 3,946 Hawaiian Holdings, Inc. (NASDAQ:HA) shares with value of $183,642 were sold by Woerth Duane E.. Hershfield Lawrence sold $949,530 worth of stock or 20,000 shares. $248,892 worth of shares were sold by Falvey Barbara on Friday, August 19.

Hawaiian Holdings, Inc. is a holding company. The company has a market cap of $2.90 billion. The Company, through its subsidiary, Hawaiian Airlines, Inc. is engaged in the scheduled air transportation of passengers and cargo. It has a 10.47 P/E ratio. The Firm offers transportation amongst the Hawaiian Islands (the Neighbor Island routes); between the Hawaiian Islands and certain cities in the United States (the North America routes), and between the Hawaiian Islands and the South Pacific, Australia, New Zealand and Asia (the International routes), collectively referred to as the Company’s Scheduled Operations.

HA Company Profile

Hawaiian Holdings, Inc., incorporated on April 24, 2002, is a holding company. The Company, through its subsidiary, Hawaiian Airlines, Inc. (Hawaiian), is engaged in the scheduled air transportation of passengers and cargo. The Firm offers transportation amongst the Hawaiian Islands (the Neighbor Island routes); between the Hawaiian Islands and certain cities in the United States (the North America routes), and between the Hawaiian Islands and the South Pacific, Australia, New Zealand and Asia (the International routes), collectively referred to as the Company’s Scheduled Operations. It offers non-stop service to Hawai’i from over 10 the United States gateway cities. It also provides approximately 160 daily flights between the Hawaiian Islands. The Firm operates various charter flights. The Company’s fleet consists of over 20 Boeing 717-200 aircraft for the Neighbor Island routes, and approximately eight Boeing 767-300 aircraft and over 22 Airbus A330-200 aircraft for the North America, International and charter routes. The Firm owns over three ATR42 turboprop aircraft for the Ohana by Hawaiian Neighbor Island service.

More recent Hawaiian Holdings, Inc. (NASDAQ:HA) news were published by: Prnewswire.com which released: “Hawaiian Holdings Announces Investor Day Presentation Webcast” on November 21, 2016. Also Prnewswire.com published the news titled: “Hawaiian Airlines Unveils New Uniforms” on November 14, 2016. Streetinsider.com‘s news article titled: “Form 4 HAWAIIAN HOLDINGS INC For: Nov 18 Filed by: DUNKERLEY MARK B” with publication date: November 21, 2016 was also an interesting one.

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