Capital Planning Advisors LLC bought a new stake in Hasbro, Inc. (NASDAQ:HAS) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 5,183 shares of the company’s stock, valued at approximately $506,000.

Several other institutional investors also recently modified their holdings of HAS. Kornitzer Capital Management Inc. KS raised its stake in Hasbro by 0.3% during the second quarter. Kornitzer Capital Management Inc. KS now owns 3,675 shares of the company’s stock worth $410,000 after acquiring an additional 10 shares during the period. YorkBridge Wealth Partners LLC raised its stake in Hasbro by 2.8% during the second quarter. YorkBridge Wealth Partners LLC now owns 1,164 shares of the company’s stock worth $129,000 after acquiring an additional 32 shares during the period. Cypress Capital Group raised its stake in Hasbro by 2.5% during the second quarter. Cypress Capital Group now owns 2,230 shares of the company’s stock worth $249,000 after acquiring an additional 55 shares during the period. Boston Advisors LLC raised its stake in Hasbro by 2.8% during the second quarter. Boston Advisors LLC now owns 2,210 shares of the company’s stock worth $246,000 after acquiring an additional 60 shares during the period. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in Hasbro by 0.7% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 8,358 shares of the company’s stock worth $932,000 after acquiring an additional 60 shares during the period. Institutional investors and hedge funds own 79.27% of the company’s stock.

HAS has been the subject of several recent analyst reports. Jefferies Group LLC set a $125.00 target price on shares of Hasbro and gave the stock a “buy” rating in a research report on Monday, August 21st. Zacks Investment Research cut shares of Hasbro from a “hold” rating to a “sell” rating in a research report on Thursday, October 26th. UBS Group AG set a $104.00 target price on shares of Hasbro and gave the stock a “hold” rating in a research report on Monday, November 13th. DA Davidson set a $124.00 target price on shares of Hasbro and gave the stock a “buy” rating in a research report on Tuesday, November 14th. Finally, BidaskClub cut shares of Hasbro from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 12th. Twelve investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $106.69.

Shares of Hasbro, Inc. (NASDAQ:HAS) traded down $0.02 during trading hours on Thursday, reaching $95.03. 471,700 shares of the company were exchanged, compared to its average volume of 1,352,903. The company has a market capitalization of $11,839.01, a PE ratio of 20.27, a price-to-earnings-growth ratio of 1.90 and a beta of 0.87. Hasbro, Inc. has a 1 year low of $77.20 and a 1 year high of $116.20. The company has a quick ratio of 2.11, a current ratio of 2.53 and a debt-to-equity ratio of 0.87.

Hasbro (NASDAQ:HAS) last issued its earnings results on Monday, October 23rd. The company reported $2.09 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.94 by $0.15. Hasbro had a net margin of 11.34% and a return on equity of 31.74%. The firm had revenue of $1.79 billion during the quarter, compared to analysts’ expectations of $1.77 billion. During the same period last year, the firm posted $2.03 earnings per share. The firm’s revenue for the quarter was up 6.6% compared to the same quarter last year. research analysts predict that Hasbro, Inc. will post 5 earnings per share for the current fiscal year.

In related news, EVP Wiebe Tinga sold 25,009 shares of the firm’s stock in a transaction on Tuesday, August 29th. The shares were sold at an average price of $94.92, for a total value of $2,373,854.28. Following the transaction, the executive vice president now directly owns 75,639 shares in the company, valued at approximately $7,179,653.88. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Alan G. Hassenfeld sold 17,834 shares of the firm’s stock in a transaction on Monday, August 28th. The shares were sold at an average price of $95.30, for a total transaction of $1,699,580.20. Following the completion of the transaction, the director now owns 29,140 shares in the company, valued at $2,777,042. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 430,072 shares of company stock worth $41,151,674. 11.00% of the stock is currently owned by company insiders.

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Hasbro Company Profile

Hasbro, Inc (Hasbro) is a play and entertainment company. The Company’s operating segments include the U.S. and Canada, International, and Entertainment and Licensing. From toys and games to content development, including television programming, motion pictures, digital gaming and a consumer products licensing program, Hasbro fulfills the fundamental need for play and connection for children and families around the world.

Institutional Ownership by Quarter for Hasbro (NASDAQ:HAS)

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