AlphaMark Advisors LLC decreased its position in Hasbro, Inc. (NASDAQ:HAS – Free Report) by 66.0% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 590 shares of the company’s stock after selling 1,145 shares during the period. AlphaMark Advisors LLC’s holdings in Hasbro were worth $33,000 at the end of the most recent quarter.
A number of other large investors have also made changes to their positions in HAS. Kestra Advisory Services LLC bought a new stake in Hasbro during the 3rd quarter worth approximately $238,000. Mariner LLC raised its holdings in shares of Hasbro by 14.0% during the third quarter. Mariner LLC now owns 9,199 shares of the company’s stock worth $608,000 after acquiring an additional 1,129 shares during the period. Treasurer of the State of North Carolina raised its holdings in shares of Hasbro by 0.4% during the third quarter. Treasurer of the State of North Carolina now owns 59,042 shares of the company’s stock worth $3,905,000 after acquiring an additional 220 shares during the period. Tower Research Capital LLC TRC lifted its position in Hasbro by 361.2% in the 3rd quarter. Tower Research Capital LLC TRC now owns 13,015 shares of the company’s stock valued at $861,000 after acquiring an additional 10,193 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in Hasbro by 176.0% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,311,754 shares of the company’s stock worth $86,763,000 after purchasing an additional 836,474 shares during the period. Institutional investors own 91.83% of the company’s stock.
Hasbro Price Performance
HAS stock traded down $0.98 during mid-day trading on Monday, hitting $57.52. 1,023,522 shares of the stock were exchanged, compared to its average volume of 1,827,943. The company has a debt-to-equity ratio of 2.88, a current ratio of 1.11 and a quick ratio of 0.93. The stock has a market capitalization of $8.01 billion, a price-to-earnings ratio of -5.67, a PEG ratio of 0.61 and a beta of 0.62. The business has a fifty day moving average price of $60.43 and a 200 day moving average price of $54.82. Hasbro, Inc. has a 12 month low of $42.66 and a 12 month high of $73.57.
Analyst Ratings Changes
Several equities analysts have recently weighed in on HAS shares. Roth Mkm raised their price target on shares of Hasbro from $65.00 to $75.00 and gave the stock a “buy” rating in a research note on Thursday, April 25th. JPMorgan Chase & Co. upgraded shares of Hasbro from a “neutral” rating to an “overweight” rating and lifted their price target for the company from $61.00 to $74.00 in a research note on Thursday, May 23rd. Bank of America upgraded shares of Hasbro from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $70.00 to $80.00 in a research note on Friday, June 14th. Stifel Nicolaus lifted their target price on Hasbro from $64.00 to $67.00 and gave the company a “buy” rating in a research report on Monday, April 15th. Finally, Morgan Stanley reiterated an “overweight” rating and set a $77.00 target price on shares of Hasbro in a report on Monday, May 20th. Four research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $69.00.
View Our Latest Stock Analysis on Hasbro
Insider Transactions at Hasbro
In related news, EVP Tarrant L. Sibley sold 13,000 shares of Hasbro stock in a transaction that occurred on Wednesday, May 29th. The stock was sold at an average price of $60.26, for a total transaction of $783,380.00. Following the sale, the executive vice president now directly owns 53,003 shares in the company, valued at $3,193,960.78. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.82% of the company’s stock.
Hasbro Company Profile
Hasbro, Inc, together with its subsidiaries, operates as a toy and game company in the United States, Europe, Canada, Mexico, Latin America, Australia, China, and Hong Kong. The company operates through Consumer Products; Wizards of the Coast and Digital Gaming; Entertainment; and Corporate and Other segments.
Read More
- Five stocks we like better than Hasbro
- Where Do I Find 52-Week Highs and Lows?
- These Top 3 Banks Raise Dividends After Passing Fed Stress Test
- How to buy stock: A step-by-step guide for beginners
- Hitch a Ride with Lyft Stock for Double-Digit Gains in 2nd Half
- Basic Materials Stocks Investing
- Eli Lilly Stock Up: GLP-1 Zepbound Targets Sleep Apnea Market
Want to see what other hedge funds are holding HAS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hasbro, Inc. (NASDAQ:HAS – Free Report).
Receive News & Ratings for Hasbro Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hasbro and related companies with MarketBeat.com's FREE daily email newsletter.