Hawaiian Telcom HoldCo (NASDAQ:HCOM) was downgraded by equities research analysts at BidaskClub from a “sell” rating to a “strong sell” rating in a research note issued to investors on Friday.

Hawaiian Telcom HoldCo (NASDAQ:HCOM) opened at $29.14 on Friday. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 1.35. Hawaiian Telcom HoldCo has a twelve month low of $22.20 and a twelve month high of $31.91. The company has a market cap of $323.15, a price-to-earnings ratio of -3.43 and a beta of 1.17.

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