Nisa Investment Advisors LLC Acquires 910 Shares of Hasbro, Inc. (NASDAQ:HAS)

Nisa Investment Advisors LLC raised its holdings in Hasbro, Inc. (NASDAQ:HASFree Report) by 7.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,556 shares of the company’s stock after acquiring an additional 910 shares during the period. Nisa Investment Advisors LLC’s holdings in Hasbro were worth $702,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. Crossmark Global Holdings Inc. increased its position in Hasbro by 2.0% during the 4th quarter. Crossmark Global Holdings Inc. now owns 57,073 shares of the company’s stock worth $3,191,000 after purchasing an additional 1,097 shares in the last quarter. Capital Wealth Management LLC acquired a new position in shares of Hasbro during the fourth quarter worth $496,000. Krilogy Financial LLC lifted its stake in shares of Hasbro by 50.8% in the 4th quarter. Krilogy Financial LLC now owns 29,445 shares of the company’s stock valued at $1,646,000 after acquiring an additional 9,913 shares during the last quarter. Contravisory Investment Management Inc. boosted its holdings 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 acquiring an additional 327 shares in the last quarter. Finally, Park Avenue Securities LLC grew its position in Hasbro by 8.6% during the 4th quarter. Park Avenue Securities LLC now owns 7,172 shares of the company’s stock worth $401,000 after acquiring an additional 569 shares during the last quarter. Institutional investors and hedge funds own 91.83% of the company’s stock.

Hasbro Trading Down 0.8 %

Shares of HAS stock opened at $58.27 on Wednesday. Hasbro, Inc. has a fifty-two week low of $46.09 and a fifty-two week high of $73.46. The company has a debt-to-equity ratio of 2.64, a quick ratio of 1.29 and a current ratio of 1.47. The stock has a 50 day simple moving average of $59.91 and a two-hundred day simple moving average of $64.43. The company has a market cap of $8.13 billion, a P/E ratio of -12.56, a PEG ratio of 0.49 and a beta of 0.64.

Insider Activity

In related news, EVP Matthew Edward Austin sold 1,718 shares of the business’s stock in a transaction dated 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 of the company’s stock, valued at $2,396,029.68. The trade was a 4.46 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.82% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of analysts have recently commented on HAS shares. Bank of America lifted their price target on Hasbro from $90.00 to $95.00 and gave the company a “buy” rating in a research note on Tuesday, October 15th. Morgan Stanley boosted their target price on shares of Hasbro from $80.00 to $92.00 and gave the stock an “overweight” rating in a report on Friday, October 25th. JPMorgan Chase & Co. raised their price target on shares of Hasbro from $76.00 to $82.00 and gave the company an “overweight” rating in a research note on Monday, October 21st. Jefferies Financial Group increased their price objective on Hasbro from $75.00 to $83.00 and gave the company a “buy” rating in a report on Tuesday, October 1st. Finally, DA Davidson lifted their target price on Hasbro from $59.00 to $73.00 and gave the stock a “neutral” rating in a report on Friday, October 25th. Two equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $80.11.

View Our Latest Stock Analysis on Hasbro

Hasbro Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Hasbro (NASDAQ:HAS)

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