Hawaiian Electric Industries, Inc. (NYSE:HE) Stock Holdings Lifted by Boston Trust Walden Corp

Boston Trust Walden Corp raised its position in shares of Hawaiian Electric Industries, Inc. (NYSE:HE) by 0.5% during the 3rd quarter, Holdings Channel.com reports. The firm owned 332,396 shares of the utilities provider’s stock after acquiring an additional 1,714 shares during the period. Boston Trust Walden Corp’s holdings in Hawaiian Electric Industries were worth $15,161,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Personal Wealth Partners purchased a new position in shares of Hawaiian Electric Industries during the 2nd quarter valued at $48,000. Flagship Harbor Advisors LLC grew its holdings in shares of Hawaiian Electric Industries by 153.7% during the 2nd quarter. Flagship Harbor Advisors LLC now owns 1,139 shares of the utilities provider’s stock valued at $49,000 after acquiring an additional 690 shares in the last quarter. Westside Investment Management Inc. purchased a new position in shares of Hawaiian Electric Industries during the 2nd quarter valued at $52,000. CWM LLC grew its holdings in shares of Hawaiian Electric Industries by 40.0% during the 2nd quarter. CWM LLC now owns 1,329 shares of the utilities provider’s stock valued at $58,000 after acquiring an additional 380 shares in the last quarter. Finally, Point72 Hong Kong Ltd purchased a new position in shares of Hawaiian Electric Industries during the 2nd quarter valued at $62,000. 54.13% of the stock is currently owned by institutional investors.

HE has been the topic of several research analyst reports. ValuEngine cut shares of Hawaiian Electric Industries from a “buy” rating to a “hold” rating in a report on Wednesday, October 2nd. UBS Group boosted their price target on shares of Hawaiian Electric Industries from $35.00 to $37.00 and gave the company a “sell” rating in a report on Friday, September 13th. Zacks Investment Research upgraded shares of Hawaiian Electric Industries from a “sell” rating to a “hold” rating and set a $47.00 price target on the stock in a report on Wednesday, October 9th. Finally, JPMorgan Chase & Co. cut shares of Hawaiian Electric Industries from a “neutral” rating to an “underweight” rating and boosted their price target for the company from $37.00 to $38.00 in a report on Friday, August 9th. Three equities research analysts have rated the stock with a sell rating and two have assigned a hold rating to the company’s stock. The stock has an average rating of “Sell” and an average price target of $39.00.

In related news, Director Jeffrey N. Watanabe sold 5,700 shares of the company’s stock in a transaction on Wednesday, August 14th. The shares were sold at an average price of $44.21, for a total value of $251,997.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Micah A. Kane sold 2,800 shares of the company’s stock in a transaction on Thursday, September 12th. The stock was sold at an average price of $44.60, for a total transaction of $124,880.00. The disclosure for this sale can be found here. Corporate insiders own 0.94% of the company’s stock.

Hawaiian Electric Industries stock opened at $45.41 on Wednesday. The company’s fifty day simple moving average is $44.80 and its 200-day simple moving average is $43.45. The company has a quick ratio of 0.08, a current ratio of 0.08 and a debt-to-equity ratio of 0.96. Hawaiian Electric Industries, Inc. has a 12 month low of $35.06 and a 12 month high of $45.96. The stock has a market cap of $4.95 billion, a P/E ratio of 24.55, a P/E/G ratio of 5.73 and a beta of 0.22.

Hawaiian Electric Industries (NYSE:HE) last issued its quarterly earnings data on Friday, August 2nd. The utilities provider reported $0.39 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.44 by ($0.05). The business had revenue of $715.49 million during the quarter, compared to the consensus estimate of $592.84 million. Hawaiian Electric Industries had a return on equity of 9.47% and a net margin of 7.07%. During the same quarter in the prior year, the company posted $0.42 earnings per share. On average, equities research analysts expect that Hawaiian Electric Industries, Inc. will post 1.88 earnings per share for the current fiscal year.

Hawaiian Electric Industries Company Profile

Hawaiian Electric Industries, Inc, through its subsidiaries, engages in the electric utility and banking businesses primarily in the state of Hawaii. The company's Electric Utility segment is involved in generating, purchasing, transmitting, distributing, and selling electric energy. Its renewable energy sources and potential sources include wind, solar, photovoltaic, geothermal, wave, hydroelectric, municipal waste, and other bio fuels.

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Institutional Ownership by Quarter for Hawaiian Electric Industries (NYSE:HE)

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