Blackhawk Network Holdings Inc. (NASDAQ:HAWK) shares saw an uptick in trading volume on Friday . 490,875 shares traded hands during trading, a decline of 3% from the previous session’s volume of 506,578 shares.The stock last traded at $33.92 and had previously closed at $34.42.

A number of research firms recently issued reports on HAWK. Zacks Investment Research cut shares of Blackhawk Network Holdings from a “buy” rating to a “hold” rating in a research report on Thursday, May 5th. Wedbush restated a “neutral” rating and issued a $30.00 price target (down from $33.00) on shares of Blackhawk Network Holdings in a research report on Thursday, April 28th. Three equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Blackhawk Network Holdings presently has a consensus rating of “Buy” and a consensus price target of $46.75.

The firm has a 50 day moving average of $33.56 and a 200-day moving average of $34.96. The stock has a market capitalization of $1.91 billion and a P/E ratio of 51.22.

Blackhawk Network Holdings (NASDAQ:HAWK) last released its quarterly earnings data on Tuesday, April 26th. The company reported $0.46 EPS for the quarter, beating analysts’ consensus estimates of $0.32 by $0.14. The firm earned $366.50 million during the quarter, compared to the consensus estimate of $197.97 million. During the same quarter last year, the business posted $0.34 earnings per share. Blackhawk Network Holdings’s revenue was up 14.6% compared to the same quarter last year. On average, equities analysts anticipate that Blackhawk Network Holdings Inc. will post $2.52 EPS for the current year.

Other large investors recently made changes to their positions in the company. S&T Bank PA raised its stake in shares of Blackhawk Network Holdings by 29.8% in the fourth quarter. S&T Bank PA now owns 326,580 shares of the company’s stock valued at $14,438,000 after buying an additional 75,020 shares during the last quarter. Wells Fargo & Company MN raised its stake in shares of Blackhawk Network Holdings by 58.1% in the fourth quarter. Wells Fargo & Company MN now owns 179,296 shares of the company’s stock valued at $7,927,000 after buying an additional 65,902 shares during the last quarter. Standard Life Investments LTD raised its stake in shares of Blackhawk Network Holdings by 2.7% in the fourth quarter. Standard Life Investments LTD now owns 2,629,556 shares of the company’s stock valued at $116,240,000 after buying an additional 69,102 shares during the last quarter. Morgan Stanley raised its stake in shares of Blackhawk Network Holdings by 71.2% in the fourth quarter. Morgan Stanley now owns 558,956 shares of the company’s stock valued at $24,712,000 after buying an additional 232,481 shares during the last quarter. Finally, Mutual of America Capital Management LLC raised its stake in shares of Blackhawk Network Holdings by 5.9% in the fourth quarter. Mutual of America Capital Management LLC now owns 70,878 shares of the company’s stock valued at $3,134,000 after buying an additional 3,923 shares during the last quarter.

Blackhawk Network Holdings, Inc is a prepaid payment network. The Company offers a range of prepaid gift, telecom and debit cards, in physical and electronic forms, as well as related prepaid products and payment services. The Company’s segments are US Retail, International Retail and Incentives & Rewards.

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