Higher One Holdings Inc. (NYSE:ONE)’s share price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $5.14 and last traded at $5.13, with a volume of 436,219 shares. The stock had previously closed at $5.13.

ONE has been the topic of several research reports. SunTrust Banks Inc. lowered Higher One Holdings from a “buy” rating to a “neutral” rating in a research note on Thursday, June 30th. Barrington Research downgraded Higher One Holdings from an “outperform” rating to an “underperform” rating in a report on Thursday, June 30th. Finally, TheStreet upgraded Higher One Holdings from a “sell” rating to a “hold” rating in a report on Friday, July 8th. One analyst has rated the stock with a sell rating and four have given a hold rating to the company. Higher One Holdings currently has a consensus rating of “Hold” and a consensus target price of $4.50.

The company has a market cap of $246.24 million and a P/E ratio of 31.73. The firm has a 50 day moving average of $4.23 and a 200 day moving average of $3.88.

Higher One Holdings (NYSE:ONE) last announced its quarterly earnings data on Thursday, May 5th. The company reported $0.13 EPS for the quarter, beating the Zacks’ consensus estimate of $0.10 by $0.03. The business earned $55.60 million during the quarter, compared to analysts’ expectations of $55.15 million. During the same period in the prior year, the firm earned $0.21 EPS. Higher One Holdings’s revenue for the quarter was down 9.6% on a year-over-year basis. Analysts expect that Higher One Holdings Inc. will post $0.03 earnings per share for the current year.

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

A hedge fund recently raised its stake in Higher One Holdings stock. Dimensional Fund Advisors LP boosted its position in shares of Higher One Holdings Inc. (NYSE:ONE) by 17.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 697,199 shares of the company’s stock after buying an additional 104,000 shares during the period. Dimensional Fund Advisors LP owned 1.46% of Higher One Holdings worth $2,259,000 as of its most recent SEC filing.

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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.