Krilogy Financial LLC Buys 9,913 Shares of Hasbro, Inc. (NASDAQ:HAS)

Krilogy Financial LLC lifted its position in Hasbro, Inc. (NASDAQ:HAS) by 50.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 29,445 shares of the company’s stock after buying an additional 9,913 shares during the period. Krilogy Financial LLC’s holdings in Hasbro were worth $1,646,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Contravisory Investment Management Inc. increased its position in shares of Hasbro by 2.9% during the 4th quarter. Contravisory Investment Management Inc. now owns 11,422 shares of the company’s stock valued at $639,000 after purchasing an additional 327 shares during the last quarter. Park Avenue Securities LLC grew its position in Hasbro by 8.6% during the fourth quarter. Park Avenue Securities LLC now owns 7,172 shares of the company’s stock valued at $401,000 after buying an additional 569 shares during the period. Assenagon Asset Management S.A. purchased a new stake in Hasbro during the fourth quarter valued at approximately $5,727,000. FNY Investment Advisers LLC raised its holdings in Hasbro by 59.0% in the 4th quarter. FNY Investment Advisers LLC now owns 6,200 shares of the company’s stock worth $346,000 after purchasing an additional 2,300 shares during the period. Finally, Czech National Bank raised its stake in shares of Hasbro by 6.6% in the fourth quarter. Czech National Bank now owns 28,447 shares of the company’s stock worth $1,590,000 after buying an additional 1,753 shares during the period. Institutional investors own 91.83% of the company’s stock.

Insider Buying and Selling at Hasbro

In other Hasbro news, EVP Matthew Edward Austin sold 1,718 shares of the business’s stock in a transaction that occurred on Friday, November 29th. The stock was sold at an average price of $65.06, for a total transaction of $111,773.08. Following the completion of the transaction, the executive vice president now owns 36,828 shares in the company, valued at $2,396,029.68. The trade was a 4.46 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.82% of the company’s stock.

Hasbro Stock Down 0.7 %

Shares of NASDAQ HAS opened at $57.34 on Friday. The stock has a market capitalization of $8.00 billion, a price-to-earnings ratio of -12.36, a P/E/G ratio of 0.47 and a beta of 0.64. Hasbro, Inc. has a 12-month low of $46.09 and a 12-month high of $73.46. The company has a current ratio of 1.47, a quick ratio of 1.29 and a debt-to-equity ratio of 2.64. The firm’s 50-day moving average price is $60.54 and its 200-day moving average price is $64.35.

Hasbro (NASDAQ:HAS) last announced its earnings results on Thursday, October 24th. The company reported $1.73 EPS for the quarter, topping analysts’ consensus estimates of $1.28 by $0.45. Hasbro had a positive return on equity of 47.91% and a negative net margin of 14.83%. The firm had revenue of $1.28 billion during the quarter, compared to analysts’ expectations of $1.30 billion. During the same quarter in the previous year, the business earned $1.64 EPS. The company’s quarterly revenue was down 14.8% on a year-over-year basis. On average, equities research analysts anticipate that Hasbro, Inc. will post 3.87 EPS for the current fiscal year.

Analyst Ratings Changes

HAS has been the subject of a number of analyst reports. Stifel Nicolaus cut their price target on Hasbro from $82.00 to $77.00 and set a “buy” rating for the company in a research note on Friday, January 3rd. Bank of America lifted their target price on Hasbro from $90.00 to $95.00 and gave the company a “buy” rating in a research note on Tuesday, October 15th. DA Davidson upped their price target on Hasbro from $59.00 to $73.00 and gave the stock a “neutral” rating in a research note on Friday, October 25th. Jefferies Financial Group lifted their price objective on shares of Hasbro from $75.00 to $83.00 and gave the company a “buy” rating in a research report on Tuesday, October 1st. Finally, JPMorgan Chase & Co. upped their target price on shares of Hasbro from $76.00 to $82.00 and gave the stock an “overweight” rating in a research report on Monday, October 21st. Two analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $80.11.

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.