Asset Management One Co. Ltd. Has $187,000 Stock Position in Hasbro, Inc. (NASDAQ:HAS)

Asset Management One Co. Ltd. raised its holdings in Hasbro, Inc. (NASDAQ:HAS) by 25.7% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 3,290 shares of the company’s stock after acquiring an additional 672 shares during the quarter. Asset Management One Co. Ltd.’s holdings in Hasbro were worth $187,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. True Wealth Design LLC acquired a new position in Hasbro in the 3rd quarter valued at approximately $31,000. Blue Trust Inc. increased its position in Hasbro by 224.8% in the 3rd quarter. Blue Trust Inc. now owns 432 shares of the company’s stock valued at $31,000 after acquiring an additional 299 shares during the period. Itau Unibanco Holding S.A. bought a new stake in shares of Hasbro in the 3rd quarter valued at $40,000. Wilmington Savings Fund Society FSB bought a new stake in shares of Hasbro in the 3rd quarter valued at $45,000. Finally, Ashton Thomas Securities LLC bought a new stake in shares of Hasbro in the 3rd quarter valued at $49,000. 91.83% of the stock is currently owned by institutional investors and hedge funds.

Hasbro Stock Up 13.1 %

Shares of NASDAQ HAS opened at $69.16 on Friday. The firm has a market cap of $9.65 billion, a PE ratio of -14.91, a P/E/G ratio of 0.53 and a beta of 0.64. Hasbro, Inc. has a 12-month low of $48.63 and a 12-month high of $73.46. The company’s fifty day simple moving average is $58.21 and its 200 day simple moving average is $64.13. The company has a quick ratio of 1.29, a current ratio of 1.47 and a debt-to-equity ratio of 2.64.

Hasbro (NASDAQ:HAS) last issued its earnings results on Thursday, February 20th. The company reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.36 by $0.10. Hasbro had a negative net margin of 14.83% and a positive return on equity of 47.91%. As a group, sell-side analysts forecast that Hasbro, Inc. will post 3.86 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Hasbro news, EVP Matthew Edward Austin sold 1,718 shares of the company’s stock in a transaction on Friday, November 29th. The shares were sold at an average price of $65.06, for a total transaction of $111,773.08. Following the transaction, the executive vice president now owns 36,828 shares in the company, valued at approximately $2,396,029.68. This represents a 4.46 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 0.82% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

HAS has been the topic of a number of analyst reports. DA Davidson upped their price objective on shares of Hasbro from $59.00 to $73.00 and gave the company a “neutral” rating in a research note on Friday, October 25th. Morgan Stanley upped their price objective on shares of Hasbro from $80.00 to $92.00 and gave the company an “overweight” rating in a research note on Friday, October 25th. Finally, Stifel Nicolaus reduced their price objective on shares of Hasbro from $82.00 to $77.00 and set a “buy” rating on the stock in a research note on Friday, January 3rd. Two investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat, Hasbro presently has a consensus rating of “Moderate Buy” and a consensus target price of $80.11.

About Hasbro

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.