Higher One Holdings Inc. (NYSE:ONE) hit a new 52-week high during trading on Monday . The company traded as high as $5.15 and last traded at $5.15, with a volume of 299,191 shares changing hands. The stock had previously closed at $5.13.

A number of research analysts recently commented on ONE shares. SunTrust Banks Inc. downgraded shares of Higher One Holdings from a “buy” rating to a “neutral” rating in a research report on Thursday, June 30th. Barrington Research downgraded shares of Higher One Holdings from an “outperform” rating to an “underperform” rating in a research report on Thursday, June 30th. Finally, TheStreet raised shares of Higher One Holdings from a “sell” rating to a “hold” rating in a research report on Friday, July 8th. One investment analyst has rated the stock with a sell rating and four have given a hold rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $4.50.

The firm has a market capitalization of $246.24 million and a PE ratio of 31.73. The firm has a 50 day moving average price of $4.60 and a 200 day moving average price of $4.00.

Higher One Holdings (NYSE:ONE) last announced its quarterly earnings results on Thursday, May 5th. The company reported $0.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.10 by $0.03. During the same period last year, the firm earned $0.21 earnings per share. The business had revenue of $55.60 million for the quarter, compared to analyst estimates of $55.15 million. The company’s quarterly revenue was down 9.6% on a year-over-year basis. On average, equities analysts forecast that Higher One Holdings Inc. will post $0.03 earnings per share for the current year.

In other Higher One Holdings news, major shareholder Fund Gp L.P. Lightyear II sold 4,489,647 shares of Higher One Holdings stock in a transaction that occurred on Tuesday, July 5th. The shares were sold at an average price of $5.10, for a total transaction of $22,897,199.70. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

A hedge fund recently raised its stake in Higher One Holdings stock. GSA Capital Partners LLP boosted its position in Higher One Holdings Inc. (NYSE:ONE) by 35.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 424,955 shares of the company’s stock after buying an additional 111,982 shares during the period. GSA Capital Partners LLP owned about 0.89% of Higher One Holdings worth $1,377,000 at the end of the most recent reporting period.

Higher One Holdings, Inc is a provider of technology-based payment processing and refund disbursement services to higher education institutions and their students. The Company also provides campus communities with student-oriented banking services, which include user-friendly features, through its bank partners.

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