Today: 10,226 Shares of Hasbro Inc. (HAS) are sold by US Bancorp DE

Today: 10,226 Shares of Hasbro Inc. (HAS) are sold by US Bancorp DE

US Bancorp DE lowered its stake in Hasbro Inc. (NASDAQ:HAS) by 5.1% during the third quarter, Holdings Channel reports. The firm owned 188,710 shares of the company’s stock after selling 10,226 shares during the period. US Bancorp DE’s holdings in Hasbro were worth $14,970,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the company. IFC Holdings Incorporated FL increased its stake in Hasbro by 0.4% in the second quarter. IFC Holdings Incorporated FL now owns 2,783 shares of the company’s stock valued at $231,000 after buying an additional 12 shares in the last quarter. Voloridge Investment Management LLC increased its stake in shares of Hasbro by 1,068.0% in the second quarter. Voloridge Investment Management LLC now owns 131,173 shares of the company’s stock worth $11,017,000 after buying an additional 119,942 shares during the period. GW&K Investment Management LLC increased its stake in shares of Hasbro by 5.8% in the second quarter. GW&K Investment Management LLC now owns 295,114 shares of the company’s stock worth $24,787,000 after buying an additional 16,049 shares during the period. LGT Capital Partners LTD. increased its stake in shares of Hasbro by 25.2% in the third quarter. LGT Capital Partners LTD. now owns 64,600 shares of the company’s stock worth $5,125,000 after buying an additional 13,000 shares during the period. Finally, Sumitomo Mitsui Trust Holdings Inc. increased its stake in shares of Hasbro by 1.2% in the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 336,947 shares of the company’s stock worth $28,300,000 after buying an additional 4,041 shares during the period. 78.26% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Hasbro Inc. (NASDAQ:HAS) traded down 2.74% on Monday, reaching $85.53. The company’s stock had a trading volume of 1,097,211 shares. Hasbro Inc. has a 52 week low of $64.91 and a 52 week high of $88.53. The stock has a market capitalization of $10.67 billion, a price-to-earnings ratio of 20.32 and a beta of 0.85. The stock has a 50-day moving average of $82.72 and a 200 day moving average of $82.70.

Hasbro (NASDAQ:HAS) last posted its quarterly earnings results on Monday, October 17th. The company reported $2.03 EPS for the quarter, beating the consensus estimate of $1.74 by $0.29. The firm earned $1.68 billion during the quarter, compared to analysts’ expectations of $1.55 billion. Hasbro had a return on equity of 32.27% and a net margin of 11.01%. The company’s revenue for the quarter was up 14.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.58 EPS. On average, analysts expect that Hasbro Inc. will post $4.13 EPS for the current year.

A number of equities research analysts have recently weighed in on HAS shares. Jefferies Group reiterated a “hold” rating and issued a $82.00 price target on shares of Hasbro in a report on Wednesday, October 19th. Barclays PLC reiterated an “equal weight” rating on shares of Hasbro in a report on Friday, October 21st. Zacks Investment Research downgraded Hasbro from a “buy” rating to a “hold” rating in a report on Thursday, October 13th. Vetr downgraded Hasbro from a “buy” rating to a “hold” rating and set a $85.90 price target for the company. in a report on Monday, September 5th. Finally, Piper Jaffray Cos. downgraded Hasbro from an “overweight” rating to a “neutral” rating and set a $88.00 price target for the company. in a report on Monday. They noted that the move was a valuation call. Eight analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $86.90.

About Hasbro

Hasbro, Inc (Hasbro) is a branded-play company. The Company’s operating segments include the U.S. and Canada segment, the International segment, the Entertainment and Licensing segment, and Global Operations segment. The U.S. and Canada segment is engaged in the marketing and sale of its products in the United States.

Related posts

Leave a Comment