First Interstate Bank lessened its position in Hasbro, Inc. (NASDAQ:HAS) by 56.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,289 shares of the company’s stock after selling 2,923 shares during the quarter. First Interstate Bank’s holdings in Hasbro were worth $223,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Rational Advisors LLC increased its stake in Hasbro by 96.3% in the third quarter. Rational Advisors LLC now owns 4,485 shares of the company’s stock valued at $438,000 after acquiring an additional 2,200 shares during the last quarter. Cipher Capital LP bought a new position in Hasbro in the third quarter valued at $909,000. Macquarie Group Ltd. grew its stake in shares of Hasbro by 16.4% during the third quarter. Macquarie Group Ltd. now owns 73,600 shares of the company’s stock valued at $7,188,000 after buying an additional 10,350 shares during the last quarter. Manning & Napier Advisors LLC grew its stake in shares of Hasbro by 6.3% during the third quarter. Manning & Napier Advisors LLC now owns 27,331 shares of the company’s stock valued at $2,669,000 after buying an additional 1,623 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its stake in shares of Hasbro by 38.9% during the third quarter. Ameriprise Financial Inc. now owns 1,440,532 shares of the company’s stock valued at $140,539,000 after buying an additional 403,580 shares during the last quarter. 79.27% of the stock is currently owned by institutional investors and hedge funds.

A number of analysts have recently weighed in on HAS shares. Zacks Investment Research upgraded shares of Hasbro from a “hold” rating to a “buy” rating and set a $107.00 target price for the company in a report on Thursday, September 14th. DA Davidson reiterated a “buy” rating and set a $124.00 target price (up from $121.00) on shares of Hasbro in a report on Tuesday, October 24th. UBS AG set a $104.00 target price on shares of Hasbro and gave the stock a “hold” rating in a report on Monday, November 13th. SunTrust Banks, Inc. reiterated a “hold” rating and set a $102.00 target price on shares of Hasbro in a report on Thursday, October 12th. Finally, KeyCorp reiterated a “buy” rating and set a $105.00 target price on shares of Hasbro in a report on Tuesday, October 24th. Twelve research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $106.69.

Hasbro, Inc. (NASDAQ:HAS) traded down $0.02 during trading hours on Tuesday, reaching $95.00. 454,240 shares of the company’s stock were exchanged, compared to its average volume of 1,359,673. The company has a debt-to-equity ratio of 0.87, a quick ratio of 2.11 and a current ratio of 2.53. Hasbro, Inc. has a fifty-two week low of $77.20 and a fifty-two week high of $116.20. The company has a market cap of $11,820.00, a P/E ratio of 20.45, a PEG ratio of 1.92 and a beta of 0.87.

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

In other news, Director Alan G. Hassenfeld sold 99,615 shares of the business’s stock in a transaction on Thursday, August 31st. The shares were sold at an average price of $97.39, for a total transaction of $9,701,504.85. Following the completion of the sale, the director now owns 29,140 shares of the company’s stock, valued at approximately $2,837,944.60. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Stephen J. Davis sold 1,500 shares of the business’s stock in a transaction on Thursday, August 31st. The shares were sold at an average price of $97.57, for a total transaction of $146,355.00. Following the sale, the executive vice president now directly owns 39,125 shares of the company’s stock, valued at approximately $3,817,426.25. The disclosure for this sale can be found here. In the last ninety days, insiders sold 430,072 shares of company stock valued at $41,151,674. 11.00% of the stock is currently owned by insiders.

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Hasbro 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.

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Institutional Ownership by Quarter for Hasbro (NASDAQ:HAS)

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