Outerwall Inc. (NASDAQ:OUTR) shares were up 11.5% during trading on Monday . The company traded as high as $52.40 and last traded at $52.30, with a volume of 5,401,270 shares changing hands. The stock had previously closed at $46.91.

A number of research analysts have commented on OUTR shares. Roth Capital reaffirmed a “hold” rating and set a $35.00 price target on shares of Outerwall in a research report on Tuesday, April 19th. JPMorgan Chase & Co. reiterated a “sell” rating and set a $31.00 target price on shares of Outerwall in a report on Wednesday, July 20th. Zacks Investment Research upgraded Outerwall from a “strong sell” rating to a “hold” rating in a report on Thursday, April 7th. Dougherty & Co downgraded Outerwall from a “neutral” rating to a “sell” rating in a report on Monday. Finally, Wedbush downgraded Outerwall from an “outperform” rating to a “neutral” rating and set a $45.00 target price on the stock. in a report on Monday. They noted that the move was a valuation call. Four investment analysts have rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the company. The company has an average rating of “Hold” and an average target price of $50.75.

The stock’s 50-day moving average is $43.44 and its 200-day moving average is $37.92. The firm has a market cap of $845.40 million and a price-to-earnings ratio of 19.324.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 6th. Shareholders of record on Tuesday, August 23rd will be paid a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 4.60%. The ex-dividend date of this dividend is Friday, August 19th.

Other hedge funds have recently made changes to their positions in the company. California Public Employees Retirement System increased its stake in shares of Outerwall by 0.9% in the fourth quarter. California Public Employees Retirement System now owns 100,507 shares of the company’s stock valued at $3,673,000 after buying an additional 900 shares during the last quarter. Comerica Bank increased its stake in shares of Outerwall by 23.0% in the fourth quarter. Comerica Bank now owns 40,603 shares of the company’s stock valued at $1,356,000 after buying an additional 7,602 shares during the last quarter. GSA Capital Partners LLP increased its stake in shares of Outerwall by 19.9% in the fourth quarter. GSA Capital Partners LLP now owns 62,750 shares of the company’s stock valued at $2,293,000 after buying an additional 10,397 shares during the last quarter. Wells Fargo & Company MN increased its stake in shares of Outerwall by 9.4% in the fourth quarter. Wells Fargo & Company MN now owns 234,212 shares of the company’s stock valued at $8,558,000 after buying an additional 20,058 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. increased its stake in shares of Outerwall by 359.9% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 42,158 shares of the company’s stock valued at $1,540,000 after buying an additional 32,992 shares during the last quarter.

Outerwall Inc is a provider of automated retail solutions. The Company’s business segments are Redbox, Coinstar and ecoATM. Its offerings include Redbox business, which enables consumers to rent or purchase movies and video games from self-service kiosks (Redbox segment); Coinstar business, which enables consumers to convert their coins to cash and convert coins and cash to stored value products at self-service kiosks (Coinstar segment), and ecoATM business, which enables consumers to sell electronic devices for cash at self-service kiosks, and purchase and sell electronic devices for cash through an online solution under its Gazelle brand.

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