Blackhawk Network Holdings Inc (HAWK) Shares Sold by BLB&B Advisors LLC

BLB&B Advisors LLC lessened its position in Blackhawk Network Holdings Inc (NASDAQ:HAWK) by 27.4% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 9,346 shares of the credit services provider’s stock after selling 3,536 shares during the quarter. BLB&B Advisors LLC’s holdings in Blackhawk Network were worth $333,000 as of its most recent filing with the SEC.

Other large investors have also recently modified their holdings of the company. BB&T Securities LLC purchased a new stake in shares of Blackhawk Network in the 3rd quarter valued at approximately $204,000. Aperio Group LLC purchased a new stake in shares of Blackhawk Network in the 3rd quarter valued at approximately $205,000. Prudential Financial Inc. purchased a new stake in shares of Blackhawk Network in the 2nd quarter valued at approximately $207,000. Laurion Capital Management LP purchased a new stake in shares of Blackhawk Network in the 2nd quarter valued at approximately $262,000. Finally, Fox Run Management L.L.C. purchased a new stake in shares of Blackhawk Network in the 3rd quarter valued at approximately $272,000. Institutional investors and hedge funds own 96.68% of the company’s stock.

Several equities research analysts recently commented on the stock. Zacks Investment Research downgraded shares of Blackhawk Network from a “buy” rating to a “hold” rating in a research report on Wednesday. Craig Hallum downgraded shares of Blackhawk Network from a “buy” rating to a “hold” rating in a research report on Tuesday. BidaskClub upgraded shares of Blackhawk Network from a “strong sell” rating to a “sell” rating in a research report on Saturday, December 30th. Deutsche Bank restated a “buy” rating and issued a $51.00 price target on shares of Blackhawk Network in a research report on Friday, November 3rd. Finally, Mizuho downgraded shares of Blackhawk Network from a “buy” rating to a “neutral” rating and set a $50.00 price target for the company. in a research report on Wednesday, October 18th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and seven have issued a buy rating to the company. Blackhawk Network presently has an average rating of “Hold” and an average target price of $47.17.

Blackhawk Network Holdings Inc (NASDAQ HAWK) opened at $45.05 on Wednesday. The firm has a market cap of $2,560.00, a P/E ratio of -500.56, a price-to-earnings-growth ratio of 3.66 and a beta of 0.48. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.86 and a quick ratio of 0.86. Blackhawk Network Holdings Inc has a 12 month low of $32.60 and a 12 month high of $46.70.

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Blackhawk Network Company Profile

Blackhawk Network Holdings, Inc is a prepaid payment network. The Company operates through three segments: U.S. Retail, International, and Incentives & Rewards. The U.S. Retail segment is engaged in the sale of prepaid products to consumers at its retail distribution partners and online and the sale of telecom handsets to retail distribution partners for resale to consumers.

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Institutional Ownership by Quarter for Blackhawk Network (NASDAQ:HAWK)

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