HSN Inc (NASDAQ:HSNI) Quarterly Sentiment Change Report

Barsaba Taglieri
Luglio 18, 2017

FBR & Co increased their price target on shares of HSN from $35.00 to $40.00 and gave the stock a "mkt perform" rating in a research note on Wednesday. 512,903 shares of the company traded hands. RidgeWorth Capital Management LLC now owns 1,659,280 shares of the specialty retailer's stock valued at $61,559,000 after buying an additional 62,199 shares during the last quarter. BlackRock Inc. boosted its position in shares of HSN by 23,031.4% in the first quarter. Oregon Public Employees Retirement Fund now owns 11,315 shares of the specialty retailer's stock worth $420,000 after buying an additional 200 shares during the period.

On October 6 the company was downgraded from " to "Hold" and a price target of $43.00 was set by. FBR & Co's price target would indicate a potential upside of 4.30% from the stock's current price. State Street Corp raised its position in shares of HSN by 2.0% in the fourth quarter. The firm owned 6,150 shares of the specialty retailer's stock at the end of the first quarter.

Shares of HSN (NASDAQ HSNI) traded up 0.13% during mid-day trading on Wednesday, hitting $38.15. Finally, ValuEngine cut shares of HSN from a "buy" rating to a "hold" rating in a research note on Friday, June 2nd. HSN has a 12-month low of $30.75 and a 12-month high of $54.03. The stock has a market cap of $2.04 billion, a price-to-earnings ratio of 18.48 and a beta of 1.30. Bank of Montreal Can raised its stake in HSN by 0.3% in the second quarter. Retirement Systems of Alabama now owns 41,241 shares of the specialty retailer's stock worth $1,530,000 after buying an additional 129 shares in the last quarter. RidgeWorth Capital Management LLC raised its position in HSN by 3.9% in the first quarter. Out of 10 Wall Street analysts rating HSN, 4 give it "Buy", 1 "Sell" rating, while 5 recommend "Hold". Finally, BidaskClub raised shares of HSN from a "strong sell" rating to a "sell" rating in a report on Tuesday, June 27th. The firm has a 50-day moving average price of $33.04 and a 200 day moving average price of $35.22.

HSN (NASDAQ:HSNI) last posted its quarterly earnings results on Wednesday, May 3rd.

On October 10 the stock rating was downgraded to "Hold" from " with a current price target of $43.00 in an announcement from Craig-Hallum. The specialty retailer reported $0.40 earnings per share for the quarter, hitting the Zacks' consensus estimate of $0.40. The business had revenue of $785.40 million during the quarter, compared to analysts' expectations of $785.22 million. HSN had a net margin of 3.15% and a return on equity of 72.70%. During the same quarter a year ago, the firm posted $0.54 EPS. The business's revenue for the quarter was down 3.8% on a year-over-year basis. Equities analysts anticipate that HSN, Inc. will post $2.43 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 21st. Investors of record on Wednesday, June 7th were paid a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 3.65%. The ex-dividend date was Monday the 5th of June 2017. HSN's dividend payout ratio (DPR) is presently 66.67%.

COPYRIGHT VIOLATION NOTICE: "HSN, Inc". Eagle Asset Management Inc. now owns 1,438,584 shares of the specialty retailer's stock worth $53,371,000 after buying an additional 165,998 shares during the last quarter. If you are accessing this story on another website, it was illegally stolen and republished in violation of United States and worldwide copyright & trademark laws.

On September 20, 2016 Bank of America issued its first research report on the stock giving it an initial rating of "Underperform" and setting a price target of $33.00. The original version of this news story can be viewed at https://www.chaffeybreeze.com/2017/07/16/sidoti-downgrades-hsn-inc-nasdaqhsni-to-neutral-updated.html. The Firm markets and sells a range of third party and merchandise directly to clients through various platforms, including television home shopping programing broadcast on the HSN television networks and other direct-response television marketing; catalogs, consisting of the Cornerstone portfolio of print catalogs, which includes, Ballard Designs, Frontgate, Garnet Hill, Grandin Road and Improvements; Websites, which consist primarily of HSN.com, joymangano.com and the five branded Websites operated by Cornerstone; mobile devices; retail and outlet stores, and wholesale distribution of certain products to other retailers.

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