4,346 Shares in Hasbro, Inc. (NASDAQ:HAS) Acquired by Cerity Partners LLC

Cerity Partners LLC acquired a new position in Hasbro, Inc. (NASDAQ:HASGet Rating) during the second quarter, Holdings Channel reports. The institutional investor acquired 4,346 shares of the company’s stock, valued at approximately $355,000.

A number of other hedge funds have also recently added to or reduced their stakes in HAS. Carolinas Wealth Consulting LLC boosted its position in Hasbro by 60.9% during the first quarter. Carolinas Wealth Consulting LLC now owns 309 shares of the company’s stock worth $25,000 after purchasing an additional 117 shares during the period. JFS Wealth Advisors LLC boosted its position in Hasbro by 139.1% during the first quarter. JFS Wealth Advisors LLC now owns 318 shares of the company’s stock worth $26,000 after purchasing an additional 185 shares during the period. Clearstead Advisors LLC boosted its position in Hasbro by 116.2% during the first quarter. Clearstead Advisors LLC now owns 320 shares of the company’s stock worth $26,000 after purchasing an additional 172 shares during the period. Investors Asset Management of Georgia Inc. GA ADV bought a new stake in Hasbro during the second quarter worth approximately $26,000. Finally, Worth Asset Management LLC bought a new stake in Hasbro during the first quarter worth approximately $27,000. Institutional investors and hedge funds own 82.22% of the company’s stock.

Hasbro Stock Up 1.9 %

Shares of HAS stock opened at $59.52 on Monday. The stock has a market cap of $8.22 billion, a P/E ratio of 19.97, a price-to-earnings-growth ratio of 3.83 and a beta of 0.79. Hasbro, Inc. has a one year low of $55.15 and a one year high of $105.73. The stock has a fifty day moving average price of $67.31 and a 200 day moving average price of $77.47. The company has a debt-to-equity ratio of 1.24, a current ratio of 1.38 and a quick ratio of 1.03.

Hasbro (NASDAQ:HASGet Rating) last issued its earnings results on Tuesday, October 18th. The company reported $1.42 EPS for the quarter, missing the consensus estimate of $1.53 by ($0.11). Hasbro had a return on equity of 19.90% and a net margin of 6.70%. The firm had revenue of $1.68 billion during the quarter, compared to the consensus estimate of $1.68 billion. During the same period last year, the business earned $1.96 earnings per share. The firm’s revenue for the quarter was down 14.9% compared to the same quarter last year. Analysts predict that Hasbro, Inc. will post 4.66 earnings per share for the current year.

Analysts Set New Price Targets

HAS has been the subject of a number of recent analyst reports. DA Davidson upped their target price on Hasbro from $112.00 to $113.00 and gave the stock a “buy” rating in a research report on Wednesday, October 19th. Stifel Nicolaus reduced their price objective on Hasbro from $99.00 to $84.00 and set a “buy” rating for the company in a research report on Wednesday, October 5th. Truist Financial reduced their price objective on Hasbro from $88.00 to $75.00 and set a “hold” rating for the company in a research report on Wednesday, October 5th. StockNews.com initiated coverage on Hasbro in a research report on Wednesday, October 12th. They issued a “hold” rating for the company. Finally, BMO Capital Markets reduced their price objective on Hasbro from $76.00 to $74.00 and set a “market perform” rating for the company in a research report on Wednesday, October 19th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $92.36.

About Hasbro

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Hasbro, Inc, together with its subsidiaries, operates as a play and entertainment company. Its Consumer Products segment engages in the sourcing, marketing, and sale of toy and game products. This segment also promotes its brands through the out-licensing of trademarks, characters, and other brand and intellectual property rights to third parties through the sale of branded consumer products, such as toys and apparels.

See Also

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:HASGet Rating).

Institutional Ownership by Quarter for Hasbro (NASDAQ:HAS)

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