Higher One Holdings Inc. (NYSE:ONE) reached a new 52-week high during trading on Wednesday . The stock traded as high as $5.14 and last traded at $5.13, with a volume of 87,896 shares trading hands. The stock had previously closed at $5.13.

Several research firms have recently commented on ONE. TheStreet raised Higher One Holdings from a “sell” rating to a “hold” rating in a research note on Friday, July 8th. Barrington Research lowered Higher One Holdings from an “outperform” rating to an “underperform” rating in a research report on Thursday, June 30th. Finally, SunTrust Banks Inc. lowered Higher One Holdings from a “buy” rating to a “neutral” rating in a research report on Thursday, June 30th. One equities research analyst has rated the stock with a sell rating and four have given a hold rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $4.50.

The company has a market cap of $245.76 million and a price-to-earnings ratio of 31.67. The stock has a 50-day moving average of $4.01 and a 200-day moving average of $3.80.

Higher One Holdings (NYSE:ONE) last released its earnings results on Thursday, May 5th. The company reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.03. The business had revenue of $55.60 million for the quarter, compared to the consensus estimate of $55.15 million. During the same quarter in the previous year, the company earned $0.21 earnings per share. The firm’s revenue for the quarter was down 9.6% on a year-over-year basis. Equities research analysts anticipate that Higher One Holdings Inc. will post $0.23 earnings per share for the current fiscal year.

In other Higher One Holdings news, major shareholder Fund Gp L.P. Lightyear II sold 4,489,647 shares of the company’s stock in a transaction on Tuesday, July 5th. The stock was sold at an average price of $5.10, for a total transaction of $22,897,199.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Other hedge funds and institutional investors recently made changes to their positions in the company. GSA Capital Partners LLP increased its position in shares of Higher One Holdings by 35.8% in the fourth quarter. GSA Capital Partners LLP now owns 424,955 shares of the company’s stock valued at $1,377,000 after buying an additional 111,982 shares during the period. Dimensional Fund Advisors LP increased its position in shares of Higher One Holdings by 17.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 697,199 shares of the company’s stock valued at $2,259,000 after buying an additional 104,000 shares during the period. Finally, LSV Asset Management increased its position in shares of Higher One Holdings by 0.9% in the fourth quarter. LSV Asset Management now owns 1,101,669 shares of the company’s stock valued at $3,569,000 after buying an additional 10,000 shares during the period.

Higher One Holdings, Inc is a provider of technology-based refund disbursement, payment processing and data analytics services to higher education institutions and students. The Company offers products and services to two markets, such as higher education institutions and students. For higher education institutions, the Company offers Refund Management Disbursement Service, CASHNet Payment Processing suite, Campus Labs and Campus Solutions Suite.

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