2 weeks Ago By Defense World Staff
Xponance Inc. lifted its holdings in shares of Hawaiian Electric Industries, Inc. ( NYSE:HE – Free Report ) by 10.
9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,935 shares of the utilities provider’s stock after acquiring an additional 1,171 shares during the quarter. Xponance Inc.
’s holdings in Hawaiian Electric Industries were worth $116,000 as of its most recent filing with the Securities & Exchange Commission. Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Virtu Financial LLC bought a new stake in Hawaiian Electric Industries during the 3rd quarter valued at approximately $821,000.
Franklin Resources Inc. boosted its position in shares of Hawaiian Electric Industries by 656.7% during the third quarter.
Franklin Resources Inc. now owns 2,722,668 shares of the utilities provider’s stock valued at $27,499,000 after purchasing an additional 2,362,863 shares in the last quarter. FMR LLC grew its stake in Hawaiian Electric Industries by 7,986.
3% in the third quarter. FMR LLC now owns 5,340,679 shares of the utilities provider’s stock worth $51,698,000 after purchasing an additional 5,274,633 shares during the period. MetLife Investment Management LLC raised its holdings in Hawaiian Electric Industries by 239.
6% in the third quarter. MetLife Investment Management LLC now owns 94,991 shares of the utilities provider’s stock worth $920,000 after purchasing an additional 67,020 shares in the last quarter. Finally, Charles Schwab Investment Management Inc.
lifted its position in Hawaiian Electric Industries by 20.5% during the third quarter. Charles Schwab Investment Management Inc.
now owns 3,021,649 shares of the utilities provider’s stock valued at $29,250,000 after buying an additional 514,989 shares during the period. Hedge funds and other institutional investors own 59.91% of the company’s stock.
Wall Street Analysts Forecast Growth HE has been the subject of several research reports. Evercore ISI upgraded shares of Hawaiian Electric Industries from an “in-line” rating to an “outperform” rating and increased their price target for the stock from $12.00 to $14.
00 in a research note on Friday, March 7th. StockNews.com downgraded shares of Hawaiian Electric Industries from a “hold” rating to a “sell” rating in a research note on Tuesday, February 11th.
Barclays boosted their price target on Hawaiian Electric Industries from $10.00 to $11.00 and gave the stock an “equal weight” rating in a research report on Tuesday, March 4th.
Wells Fargo & Company raised their price objective on Hawaiian Electric Industries from $11.00 to $12.50 and gave the company an “equal weight” rating in a research report on Thursday, February 27th.
Finally, Jefferies Financial Group dropped their target price on Hawaiian Electric Industries from $11.50 to $10.50 and set a “hold” rating on the stock in a report on Friday, January 3rd.
One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $12.00.
Hawaiian Electric Industries Stock Down 0.5 % HE stock opened at $11.11 on Friday.
The stock has a market capitalization of $1.92 billion, a P/E ratio of -0.94 and a beta of 0.
46. The company has a debt-to-equity ratio of 1.80, a current ratio of 0.
18 and a quick ratio of 0.18. Hawaiian Electric Industries, Inc.
has a 1-year low of $7.61 and a 1-year high of $18.19.
The business has a fifty day moving average price of $10.34 and a 200-day moving average price of $10.17.
Hawaiian Electric Industries ( NYSE:HE – Get Free Report ) last issued its earnings results on Friday, February 21st. The utilities provider reported $0.20 earnings per share for the quarter, missing analysts’ consensus estimates of $0.
39 by ($0.19). The business had revenue of $799.
18 million during the quarter. Hawaiian Electric Industries had a positive return on equity of 11.12% and a negative net margin of 35.
38%. Equities analysts forecast that Hawaiian Electric Industries, Inc. will post 1.
71 earnings per share for the current fiscal year. About Hawaiian Electric Industries ( Free Report ) Hawaiian Electric Industries, Inc, together with its subsidiaries, engages in the electric utility businesses in the United States. It operates in three segments: Electric Utility, Bank, and Other.
The Electric Utility segment engages in the production, purchase, transmission, distribution, and sale of electricity in the islands of Oahu, Hawaii, Maui, Lanai, and Molokai. See Also Five stocks we like better than Hawaiian Electric Industries Procter & Gamble (NYSE:PG) Pulls Back After Shaky Guidance MarketBeat Week in Review – 03/24 – 03/28 High Flyers: 3 Natural Gas Stocks for March 2022 Should You Buy UPS Stock Now? Deep Dive Into Its 5-Year Low What is a Dividend Harvesting Strategy and How Can Investors Profit from it? 4 Healthcare Stocks With Massive Gains—and More to Come Want to see what other hedge funds are holding HE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hawaiian Electric Industries, Inc.
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