Hawaiian Telcom Holdco, Inc. (NASDAQ:HCOM) was downgraded by BidaskClub from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Sunday.

Several other equities research analysts have also weighed in on the company. TheStreet upgraded Hawaiian Telcom Holdco from a “d+” rating to a “c-” rating in a report on Wednesday, April 26th. Sidoti lowered Hawaiian Telcom Holdco from a “buy” rating to a “neutral” rating in a report on Monday, July 10th.

Shares of Hawaiian Telcom Holdco (HCOM) traded up 1.88% during mid-day trading on Friday, reaching $28.73. 52,434 shares of the company’s stock traded hands. The company’s market capitalization is $332.89 million. Hawaiian Telcom Holdco has a 1-year low of $20.10 and a 1-year high of $29.73. The firm has a 50-day moving average price of $25.05 and a 200-day moving average price of $24.62.

Hawaiian Telcom Holdco (NASDAQ:HCOM) last announced its quarterly earnings results on Tuesday, May 9th. The utilities provider reported ($0.17) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.02 by $0.19. The firm had revenue of $94.51 million for the quarter. Hawaiian Telcom Holdco had a negative net margin of 0.25% and a negative return on equity of 0.32%. On average, equities research analysts forecast that Hawaiian Telcom Holdco will post ($0.59) earnings per share for the current fiscal year.

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Large investors have recently bought and sold shares of the company. Kennedy Capital Management Inc. raised its stake in Hawaiian Telcom Holdco by 93.6% in the first quarter. Kennedy Capital Management Inc. now owns 228,693 shares of the utilities provider’s stock valued at $5,239,000 after buying an additional 110,542 shares during the period. TFS Capital LLC bought a new stake in Hawaiian Telcom Holdco during the first quarter valued at $804,000. North Star Investment Management Corp. raised its stake in Hawaiian Telcom Holdco by 23.8% in the first quarter. North Star Investment Management Corp. now owns 108,550 shares of the utilities provider’s stock valued at $2,487,000 after buying an additional 20,900 shares during the period. Renaissance Technologies LLC raised its stake in Hawaiian Telcom Holdco by 5.3% in the fourth quarter. Renaissance Technologies LLC now owns 368,600 shares of the utilities provider’s stock valued at $9,134,000 after buying an additional 18,600 shares during the period. Finally, Dimensional Fund Advisors LP raised its stake in Hawaiian Telcom Holdco by 6.2% in the first quarter. Dimensional Fund Advisors LP now owns 229,080 shares of the utilities provider’s stock valued at $5,248,000 after buying an additional 13,292 shares during the period. Hedge funds and other institutional investors own 69.03% of the company’s stock.

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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