HSN Inc. (NASDAQ:HSNI) shares traded down 10.8% during trading on Thursday . The stock traded as low as $46.59 and last traded at $46.68, with a volume of 868,139 shares. The stock had previously closed at $52.33.

Several research analysts have commented on the stock. FBR & Co decreased their price target on shares of HSN from $53.00 to $51.00 and set a “mkt perform” rating on the stock in a research note on Friday. Maxim Group decreased their price target on shares of HSN from $66.00 to $61.00 and set a “buy” rating on the stock in a research note on Friday. TheStreet raised shares of HSN from a “hold” rating to a “buy” rating in a research note on Monday, August 1st. Wunderlich decreased their price target on shares of HSN from $68.00 to $62.00 and set a “buy” rating on the stock in a research note on Monday, July 25th. Finally, Zacks Investment Research downgraded shares of HSN from a “hold” rating to a “sell” rating in a research note on Tuesday, July 5th. One analyst has rated the stock with a sell rating, one has issued a hold rating and seven have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $64.88.

The firm’s 50 day moving average is $50.08 and its 200-day moving average is $50.58. The company has a market cap of $2.34 billion and a price-to-earnings ratio of 14.56.

HSN (NASDAQ:HSNI) last posted its quarterly earnings results on Thursday, August 4th. The company reported $0.74 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.71 by $0.03. The business earned $854.30 million during the quarter, compared to the consensus estimate of $871.23 million. During the same quarter in the previous year, the company earned $0.81 earnings per share. The company’s revenue for the quarter was down 3.5% compared to the same quarter last year. On average, equities analysts expect that HSN Inc. will post $3.24 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 22nd. Stockholders of record on Wednesday, September 7th will be issued a dividend of $0.35 per share. The ex-dividend date is Friday, September 2nd. This represents a $1.40 annualized dividend and a dividend yield of 3.13%.

Several hedge funds have recently modified their holdings of the company. Liberty Mutual Group Asset Management Inc. boosted its stake in shares of HSN by 51.3% in the fourth quarter. Liberty Mutual Group Asset Management Inc. now owns 20,794 shares of the company’s stock valued at $1,053,000 after buying an additional 7,053 shares during the period. Bank of Montreal Can raised its stake in HSN by 1.1% in the fourth quarter. Bank of Montreal Can now owns 45,188 shares of the company’s stock valued at $2,290,000 after buying an additional 473 shares during the last quarter. Suntrust Banks Inc. raised its stake in HSN by 2.5% in the fourth quarter. Suntrust Banks Inc. now owns 71,977 shares of the company’s stock valued at $3,646,000 after buying an additional 1,777 shares during the last quarter. Trexquant Investment LP raised its stake in HSN by 111.9% in the fourth quarter. Trexquant Investment LP now owns 29,479 shares of the company’s stock valued at $1,494,000 after buying an additional 15,567 shares during the last quarter. Finally, RS Investment Management Co. LLC bought a new stake in HSN during the fourth quarter valued at $18,381,000.

HSN, Inc is an interactive multi-channel retailer. The Company markets and sells a range of third party and private-label merchandise directly to consumers through various platforms, including television home shopping programming broadcast on the HSN television networks; catalogs, comprising the Cornerstone portfolio of print catalogs; Websites, which consist of HSN.com, joymangano.com and over seven branded Websites operated by Cornerstone; mobile devices; retail and outlet stores, and wholesale distribution of certain products to other retailers.

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