BLB&B Advisors LLC Has $333,000 Stake in Blackhawk Network Holdings Inc (HAWK)
BLB&B Advisors LLC decreased its holdings in shares of Blackhawk Network Holdings Inc (NASDAQ:HAWK) by 27.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund 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 SEC filing.
Several other institutional investors and hedge funds have also made changes to their positions in the company. Vanguard Group Inc. increased its stake in shares of Blackhawk Network by 2.4% during the 2nd quarter. Vanguard Group Inc. now owns 4,523,748 shares of the credit services provider’s stock worth $197,236,000 after purchasing an additional 105,653 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in Blackhawk Network by 2.4% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,751,904 shares of the credit services provider’s stock valued at $76,733,000 after buying an additional 40,322 shares during the last quarter. Newbrook Capital Advisors LP acquired a new position in Blackhawk Network in the 2nd quarter valued at $52,890,000. State Street Corp grew its stake in Blackhawk Network by 6.7% in the 2nd quarter. State Street Corp now owns 1,094,994 shares of the credit services provider’s stock valued at $47,740,000 after buying an additional 68,362 shares during the last quarter. Finally, Elk Creek Partners LLC grew its stake in Blackhawk Network by 3.4% in the 3rd quarter. Elk Creek Partners LLC now owns 771,162 shares of the credit services provider’s stock valued at $33,777,000 after buying an additional 25,156 shares during the last quarter. Institutional investors own 96.68% of the company’s stock.
Shares of Blackhawk Network Holdings Inc (NASDAQ HAWK) opened at $45.05 on Wednesday. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.74. Blackhawk Network Holdings Inc has a 1-year low of $32.60 and a 1-year high of $46.70. The firm has a market cap of $2,560.00, a price-to-earnings ratio of -500.56, a price-to-earnings-growth ratio of 3.66 and a beta of 0.48.
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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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