Blackhawk Network Holdings Inc. (NASDAQ:HAWK) shares saw an uptick in trading volume on Thursday . 857,237 shares traded hands during trading, an increase of 15% from the previous session’s volume of 746,202 shares.The stock last traded at $35.41 and had previously closed at $35.81.

A number of brokerages have recently commented on HAWK. Bank of America Corp. raised Blackhawk Network Holdings from a “neutral” rating to a “buy” rating in a report on Friday. Zacks Investment Research lowered Blackhawk Network Holdings from a “hold” rating to a “sell” rating in a report on Wednesday. Finally, Wedbush reissued a “neutral” rating and set a $30.00 price objective (down previously from $33.00) on shares of Blackhawk Network Holdings in a report on Thursday, April 28th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and nine have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $45.56.

The company has a 50-day moving average of $33.62 and a 200-day moving average of $34.69. The company has a market capitalization of $2.05 billion and a price-to-earnings ratio of 89.49.

Blackhawk Network Holdings (NASDAQ:HAWK) last released its earnings results on Tuesday, July 19th. The company reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.13. During the same period in the prior year, the business posted $0.38 EPS. Analysts forecast that Blackhawk Network Holdings Inc. will post $1.57 earnings per share for the current fiscal year.

A number of hedge funds recently added to or reduced their stakes in the company. Russell Frank Co raised its stake in Blackhawk Network Holdings by 257.7% in the fourth quarter. Russell Frank Co now owns 32,085 shares of the company’s stock valued at $1,451,000 after buying an additional 23,115 shares during the last quarter. State Board of Administration of Florida Retirement System raised its stake in Blackhawk Network Holdings by 0.4% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 27,043 shares of the company’s stock valued at $1,196,000 after buying an additional 96 shares during the last quarter. Nationwide Fund Advisors raised its stake in Blackhawk Network Holdings by 2.0% in the fourth quarter. Nationwide Fund Advisors now owns 35,693 shares of the company’s stock valued at $1,578,000 after buying an additional 717 shares during the last quarter. First Trust Advisors LP raised its stake in Blackhawk Network Holdings by 0.3% in the fourth quarter. First Trust Advisors LP now owns 39,596 shares of the company’s stock valued at $1,751,000 after buying an additional 109 shares during the last quarter. Finally, Rhumbline Advisers raised its stake in Blackhawk Network Holdings by 7.7% in the fourth quarter. Rhumbline Advisers now owns 54,002 shares of the company’s stock valued at $2,387,000 after buying an additional 3,850 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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