Jackson Wealth Management LLC increased its holdings in shares of Hasbro, Inc. (NASDAQ:HAS) by 7.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,116 shares of the company’s stock after buying an additional 1,416 shares during the period. Jackson Wealth Management LLC’s holdings in Hasbro were worth $1,935,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. Kornitzer Capital Management Inc. KS lifted its holdings in Hasbro by 0.3% in the 2nd quarter. Kornitzer Capital Management Inc. KS now owns 3,675 shares of the company’s stock valued at $410,000 after purchasing an additional 10 shares in the last quarter. YorkBridge Wealth Partners LLC lifted its holdings in Hasbro by 2.8% in the 2nd quarter. YorkBridge Wealth Partners LLC now owns 1,164 shares of the company’s stock valued at $129,000 after purchasing an additional 32 shares in the last quarter. Cypress Capital Group lifted its holdings in Hasbro by 2.5% in the 2nd quarter. Cypress Capital Group now owns 2,230 shares of the company’s stock valued at $249,000 after purchasing an additional 55 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in Hasbro by 0.7% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 8,358 shares of the company’s stock valued at $932,000 after purchasing an additional 60 shares in the last quarter. Finally, Boston Advisors LLC lifted its holdings in Hasbro by 2.8% in the 2nd quarter. Boston Advisors LLC now owns 2,210 shares of the company’s stock valued at $246,000 after purchasing an additional 60 shares in the last quarter. Hedge funds and other institutional investors own 79.27% of the company’s stock.

A number of analysts have issued reports on HAS shares. Stifel Nicolaus reaffirmed a “hold” rating and issued a $108.00 target price on shares of Hasbro in a research note on Thursday, August 3rd. Zacks Investment Research raised Hasbro from a “hold” rating to a “buy” rating and set a $111.00 target price for the company in a research note on Thursday, August 17th. Goldman Sachs Group Inc reaffirmed a “buy” rating and issued a $118.00 target price on shares of Hasbro in a research note on Monday, October 2nd. BidaskClub downgraded Hasbro from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 12th. Finally, Jefferies Group LLC reaffirmed a “buy” rating and issued a $125.00 target price on shares of Hasbro in a research note on Thursday, September 28th. Twelve equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $106.69.

Shares of Hasbro, Inc. (HAS) opened at $94.65 on Friday. The company has a current ratio of 2.53, a quick ratio of 2.11 and a debt-to-equity ratio of 0.87. The stock has a market capitalization of $11,789.23, a PE ratio of 20.18, a P/E/G ratio of 1.89 and a beta of 0.87. Hasbro, Inc. has a 52-week low of $77.20 and a 52-week high of $116.20.

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

In other Hasbro news, EVP Wiebe Tinga sold 25,009 shares of Hasbro stock in a transaction dated Tuesday, August 29th. The stock was sold at an average price of $94.92, for a total value of $2,373,854.28. Following the completion of the transaction, the executive vice president now directly owns 75,639 shares of the company’s stock, valued at approximately $7,179,653.88. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Stephen J. Davis sold 937 shares of Hasbro stock in a transaction dated Monday, August 28th. The shares were sold at an average price of $94.96, for a total value of $88,977.52. Following the completion of the transaction, the executive vice president now directly owns 40,888 shares of the company’s stock, valued at $3,882,724.48. The disclosure for this sale can be found here. Insiders have sold a total of 430,072 shares of company stock valued at $41,151,674 over the last three months. Corporate insiders own 11.00% of the company’s stock.

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About Hasbro

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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