Universal Beteiligungs und Servicegesellschaft mbH reduced its position in Hasbro, Inc. (NASDAQ:HAS – Free Report) by 9.7% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 110,698 shares of the company’s stock after selling 11,951 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned 0.08% of Hasbro worth $8,396,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently modified their holdings of the company. CYBER HORNET ETFs LLC purchased a new stake in Hasbro during the second quarter valued at approximately $25,000. MUFG Securities EMEA plc purchased a new position in Hasbro in the second quarter worth $28,000. First Horizon Corp acquired a new position in shares of Hasbro during the third quarter worth $29,000. Pittenger & Anderson Inc. acquired a new position in shares of Hasbro during the second quarter worth $35,000. Finally, Mather Group LLC. purchased a new stake in shares of Hasbro during the 3rd quarter valued at $39,000. Hedge funds and other institutional investors own 91.83% of the company’s stock.
Hasbro News Summary
Here are the key news stories impacting Hasbro this week:
- Positive Sentiment: Hasbro expanded its board with new consumer and gaming leaders, strengthening governance and bringing expertise aligned with its strategic push into gaming and consumer experiences. This can reassure investors about execution and long-term strategy. Hasbro Expands Board With New Consumer and Gaming Leaders
- Positive Sentiment: Hasbro announced product collaborations (including a Hasbro x Nintendo collection) that extend IP leverage and create cross-platform sales opportunities—potential near-term revenue and marketing lift from recognizable partnerships. The Hasbro x Nintendo Collab: From Bowser to Board Games
- Positive Sentiment: Limited-edition Transformers releases on Hasbro Pulse target collectors and direct-to-consumer margins, supporting short-term revenue and brand engagement among core fans. Transformers sweeps into Hasbro Pulse with new limited anniversary release
- Neutral Sentiment: Local political/PR fallout from Hasbro’s HQ move to Boston has prompted Rhode Island lawmakers to consider retiring Mr. Potato Head specialty license plates — a reputational story with limited direct financial impact but potential regional goodwill effects. Rhode Island may ditch Mr. Potato Head license plates after Hasbro’s move to Boston
- Negative Sentiment: Two shareholder lawsuits allege Hasbro (and CEO Chris Cocks) misled investors by overprinting Magic: The Gathering cards, which could damage MTG’s scarcity-driven value, invite regulatory scrutiny, and raise litigation costs — this is the primary catalyst for today’s stock weakness. Magic the Gathering lawsuit claims Hasbro misled investors over card production Two Hasbro shareholders are suing Chris Cocks for alleged over-printing of MTG cards
Analyst Ratings Changes
Get Our Latest Stock Report on HAS
Hasbro Trading Down 0.1%
Shares of NASDAQ:HAS opened at $88.68 on Monday. The company has a quick ratio of 1.42, a current ratio of 1.70 and a debt-to-equity ratio of 7.65. Hasbro, Inc. has a 52-week low of $49.00 and a 52-week high of $89.20. The stock has a market cap of $12.45 billion, a price-to-earnings ratio of -22.11, a PEG ratio of 1.59 and a beta of 0.55. The business has a 50-day moving average price of $82.91 and a 200-day moving average price of $79.12.
Hasbro (NASDAQ:HAS – Get Free Report) last issued its earnings results on Thursday, October 23rd. The company reported $1.68 EPS for the quarter, beating analysts’ consensus estimates of $1.63 by $0.05. Hasbro had a positive return on equity of 82.17% and a negative net margin of 12.81%.The firm had revenue of $1.39 billion for the quarter, compared to analyst estimates of $1.35 billion. During the same quarter in the prior year, the firm earned $1.73 earnings per share. Hasbro’s revenue for the quarter was up 8.3% on a year-over-year basis. Equities analysts predict that Hasbro, Inc. will post 4.33 EPS for the current year.
Insider Buying and Selling at Hasbro
In related news, Director Hope F. Cochran sold 4,000 shares of the firm’s stock in a transaction on Monday, November 10th. The shares were sold at an average price of $77.24, for a total transaction of $308,960.00. Following the completion of the transaction, the director owned 17,102 shares of the company’s stock, valued at $1,320,958.48. This trade represents a 18.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.85% of the stock is owned by insiders.
Hasbro Profile
Hasbro, Inc is a global play and entertainment company, known for designing, manufacturing and marketing a diverse portfolio of toys, games and consumer products. Founded in 1923 as Hassenfeld Brothers and headquartered in Pawtucket, Rhode Island, the company has grown into one of the foremost names in the toy industry, with a presence in retail, digital and entertainment channels worldwide.
The company’s brand portfolio features iconic properties such as Monopoly, Play-Doh, Nerf, My Little Pony and Transformers.
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