Hawaiian Telcom HoldCo Inc (HCOM) Stake Lessened by Wolverine Asset Management LLC

Wolverine Asset Management LLC lessened its stake in Hawaiian Telcom HoldCo Inc (NASDAQ:HCOM) by 81.3% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 21,039 shares of the utilities provider’s stock after selling 91,360 shares during the quarter. Wolverine Asset Management LLC owned approximately 0.18% of Hawaiian Telcom HoldCo worth $608,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Algert Global LLC raised its stake in shares of Hawaiian Telcom HoldCo by 30.0% in the 2nd quarter. Algert Global LLC now owns 33,913 shares of the utilities provider’s stock valued at $981,000 after purchasing an additional 7,818 shares in the last quarter. Mackay Shields LLC acquired a new stake in shares of Hawaiian Telcom HoldCo in the 1st quarter valued at about $747,000. Guggenheim Capital LLC acquired a new stake in shares of Hawaiian Telcom HoldCo in the 1st quarter valued at about $481,000. Highland Capital Management LP raised its stake in shares of Hawaiian Telcom HoldCo by 20.3% in the 1st quarter. Highland Capital Management LP now owns 36,767 shares of the utilities provider’s stock valued at $981,000 after purchasing an additional 6,200 shares in the last quarter. Finally, S. Muoio & CO. LLC raised its stake in shares of Hawaiian Telcom HoldCo by 5.6% in the 2nd quarter. S. Muoio & CO. LLC now owns 89,631 shares of the utilities provider’s stock valued at $2,592,000 after purchasing an additional 4,751 shares in the last quarter. Institutional investors and hedge funds own 70.49% of the company’s stock.

Separately, BidaskClub upgraded shares of Hawaiian Telcom HoldCo from a “sell” rating to a “hold” rating in a research note on Wednesday, June 20th.

Shares of Hawaiian Telcom HoldCo stock opened at $28.92 on Friday. The company has a debt-to-equity ratio of 1.35, a current ratio of 0.65 and a quick ratio of 0.65. Hawaiian Telcom HoldCo Inc has a 1 year low of $24.18 and a 1 year high of $31.91.

Hawaiian Telcom HoldCo Profile

Hawaiian Telcom Holdco, Inc provides communications services and products to residential and business customers in the islands of Oahu, Maui, Hawaii, Kauai, Molokai, and Lanai. The company offers local telephone services, including voice and data transport, custom calling features, network access, directory assistance, and private lines.

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Institutional Ownership by Quarter for Hawaiian Telcom HoldCo (NASDAQ:HCOM)

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