V Square Quantitative Management LLC Sells 299 Shares of Hasbro, Inc. (NASDAQ:HAS)

V Square Quantitative Management LLC reduced its holdings in Hasbro, Inc. (NASDAQ:HAS) by 8.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,126 shares of the company’s stock after selling 299 shares during the quarter. V Square Quantitative Management LLC’s holdings in Hasbro were worth $175,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. International Assets Investment Management LLC grew its holdings in shares of Hasbro by 7,141.6% during the third quarter. International Assets Investment Management LLC now owns 56,629 shares of the company’s stock worth $40,950,000 after buying an additional 55,847 shares in the last quarter. GW Henssler & Associates Ltd. bought a new position in shares of Hasbro during the third quarter worth about $18,163,000. Charles Schwab Investment Management Inc. grew its holdings in shares of Hasbro by 0.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,184,036 shares of the company’s stock worth $85,629,000 after buying an additional 8,270 shares in the last quarter. American Trust bought a new position in shares of Hasbro during the third quarter worth about $634,000. Finally, Quest Partners LLC grew its holdings in shares of Hasbro by 972.6% during the third quarter. Quest Partners LLC now owns 29,045 shares of the company’s stock worth $2,101,000 after buying an additional 26,337 shares in the last quarter. 91.83% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on HAS shares. DA Davidson increased their price objective on Hasbro from $59.00 to $73.00 and gave the stock a “neutral” rating in a report on Friday, October 25th. JPMorgan Chase & Co. boosted their price target on Hasbro from $76.00 to $82.00 and gave the stock an “overweight” rating in a research report on Monday, October 21st. Morgan Stanley boosted their price target on Hasbro from $80.00 to $92.00 and gave the stock an “overweight” rating in a research report on Friday, October 25th. Finally, Stifel Nicolaus lowered their price target on Hasbro from $82.00 to $77.00 and set a “buy” rating on the stock in a research report on Friday, January 3rd. Two investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, Hasbro currently has an average rating of “Moderate Buy” and a consensus target price of $80.11.

Insider Transactions at Hasbro

In related news, EVP Matthew Edward Austin sold 1,718 shares of the business’s stock in a transaction on Friday, November 29th. The stock was sold at an average price of $65.06, for a total value of $111,773.08. Following the completion of the sale, the executive vice president now directly owns 36,828 shares in the company, valued at $2,396,029.68. The trade was a 4.46 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.82% of the stock is currently owned by corporate insiders.

Hasbro Stock Performance

Shares of NASDAQ HAS opened at $60.82 on Tuesday. The company has a current ratio of 1.47, a quick ratio of 1.29 and a debt-to-equity ratio of 2.64. Hasbro, Inc. has a 12 month low of $48.63 and a 12 month high of $73.46. The stock has a 50 day moving average of $58.44 and a 200-day moving average of $64.20. The company has a market capitalization of $8.48 billion, a P/E ratio of -13.11, a P/E/G ratio of 0.51 and a beta of 0.64.

Hasbro 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.