Is BidaskScore Now Negative on Hawaiian Electric Industries (NYSE:HE) After Recent Downgrade?

Investors sentiment decreased to 1.04 in 2018 Q4. Its down 0.15, from 1.19 in 2018Q3. It is negative, as 24 investors sold Hawaiian Electric Industries, Inc. shares while 70 reduced holdings. 33 funds opened positions while 65 raised stakes. 56.07 million shares or 4.04% more from 53.89 million shares in 2018Q3 were reported.

Employees Retirement Sys Of Ohio owns 0.02% invested in Hawaiian Electric Industries, Inc. (NYSE:HE) for 78,825 shares. 6,568 were accumulated by Telos Cap. Nordea Invest Mgmt Ab reported 0.08% of its portfolio in Hawaiian Electric Industries, Inc. (NYSE:HE). 2,426 were accumulated by Reilly Fincl Advsr Limited Liability. Ajo Lp has 0.01% invested in Hawaiian Electric Industries, Inc. (NYSE:HE) for 32,529 shares. North Star Inv Mgmt Corporation accumulated 100 shares. Amer Investment Incorporated has 0.4% invested in Hawaiian Electric Industries, Inc. (NYSE:HE). Sg Americas Securities Limited Company has invested 0% of its portfolio in Hawaiian Electric Industries, Inc. (NYSE:HE). 7,770 were accumulated by First Allied Advisory Serv. Gemmer Asset Mngmt Ltd has invested 0% of its portfolio in Hawaiian Electric Industries, Inc. (NYSE:HE). Fmr Lc holds 288,646 shares. Teachers Retirement Of The State Of Kentucky holds 0.01% of its portfolio in Hawaiian Electric Industries, Inc. (NYSE:HE) for 16,348 shares. Moreover, Da Davidson Company has 0.01% invested in Hawaiian Electric Industries, Inc. (NYSE:HE). Bartlett Co Ltd Liability Corp invested in 3,225 shares or 0.01% of the stock. Cipher Capital L P holds 0.07% or 14,441 shares in its portfolio.

Hawaiian Electric Industries (NYSE:HE) Receives a Downgrade

In a note issued to investors and clients on Friday morning, BidaskScore revealed that they have decided to downgrade shares of Hawaiian Electric Industries (NYSE:HE) to a Hold.

Hawaiian Electric Industries, Inc. (NYSE:HE) Ratings Coverage

Among 2 analysts covering Hawaiian Electric Industries (NYSE:HE), 0 have Buy rating, 2 Sell and 0 Hold. Therefore 0 are positive. Hawaiian Electric Industries has $34 highest and $32 lowest target. $33’s average target is -21.17% below currents $41.86 stock price. Hawaiian Electric Industries had 5 analyst reports since February 19, 2019 according to SRatingsIntel. The rating was maintained by UBS on Tuesday, February 19 with “Sell”. The company was maintained on Tuesday, February 19 by Bank of America.

The stock decreased 0.02% or $0.01 during the last trading session, reaching $41.86. About 353,273 shares traded. Hawaiian Electric Industries, Inc. (NYSE:HE) has risen 17.41% since May 17, 2018 and is uptrending. It has outperformed by 13.04% the S&P500.

Hawaiian Electric Industries, Inc., through its subsidiaries, engages in the electric utility and banking businesses primarily in the state of Hawaii. The company has market cap of $4.56 billion. The company??s Electric Utility segment is involved in generating, purchasing, transmitting, distributing, and selling electric energy. It has a 22.03 P/E ratio. The Company’s renewable energy sources and potential sources include wind, solar, photovoltaic, geothermal, wave, hydroelectric, sugarcane waste, municipal waste, and other bio fuels.

More notable recent Hawaiian Electric Industries, Inc. (NYSE:HE) news were published by: Finance.Yahoo.com which released: “Havertys Announces Second Quarter Cash Dividend, New Authorization Under Stock Repurchase Program, and Promotions – Yahoo Finance” on May 17, 2019, also Finance.Yahoo.com with their article: “Uber priced IPO at $45 per share, will begin trading on NYSE: Morning Brief – Yahoo Finance” published on May 10, 2019, Finance.Yahoo.com published: “How Much is Hawaiian Electric Industries, Inc.’s (NYSE:HE) CEO Getting Paid? – Yahoo Finance” on May 16, 2019. More interesting news about Hawaiian Electric Industries, Inc. (NYSE:HE) were released by: Benzinga.com and their article: “FAA Head Assures Congress Boeing (NYSE:BA) 737 Max Won’t Return Until Safe – Benzinga” published on May 15, 2019 as well as Finance.Yahoo.com‘s news article titled: “Here’s What Hedge Funds Think About Hawaiian Electric Industries, Inc. (HE) – Yahoo Finance” with publication date: April 25, 2019.

Hawaiian Electric Industries, Inc. (NYSE:HE) Institutional Positions Chart

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