AGF Management Ltd. Invests $895,000 in Hasbro, Inc. $HAS

AGF Management Ltd. purchased a new stake in shares of Hasbro, Inc. (NASDAQ:HASFree Report) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 11,800 shares of the company’s stock, valued at approximately $895,000.

Several other institutional investors have also added to or reduced their stakes in the company. CYBER HORNET ETFs LLC bought a new position in shares of Hasbro during the 2nd quarter valued at approximately $25,000. MUFG Securities EMEA plc purchased a new stake in Hasbro during the second quarter valued at $28,000. First Horizon Corp bought a new position in Hasbro during the third quarter valued at $29,000. Pittenger & Anderson Inc. purchased a new position in shares of Hasbro in the 2nd quarter worth $35,000. Finally, Mather Group LLC. purchased a new stake in shares of Hasbro during the 3rd quarter valued at about $39,000. Hedge funds and other institutional investors own 91.83% of the company’s stock.

Hasbro News Roundup

Here are the key news stories impacting Hasbro this week:

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. Roth Mkm lifted their price target on Hasbro from $96.00 to $105.00 and gave the stock a “buy” rating in a research report on Wednesday. Weiss Ratings reissued a “sell (d)” rating on shares of Hasbro in a research report on Monday, December 29th. Citigroup raised their price target on Hasbro from $91.00 to $97.00 and gave the stock a “buy” rating in a research report on Friday, October 24th. Wolfe Research boosted their price objective on shares of Hasbro from $89.00 to $90.00 in a research report on Wednesday, October 29th. Finally, Seaport Research Partners upgraded shares of Hasbro to a “strong-buy” rating in a report on Monday, November 10th. Nine research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Hasbro currently has an average rating of “Moderate Buy” and a consensus target price of $94.64.

Read Our Latest Report on HAS

Insiders Place Their Bets

In other Hasbro news, Director Hope F. Cochran sold 4,000 shares of the business’s stock in a transaction dated Monday, November 10th. The shares were sold at an average price of $77.24, for a total value of $308,960.00. Following the completion of the sale, the director directly owned 17,102 shares of the company’s stock, valued at $1,320,958.48. The trade was a 18.96% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.85% of the stock is owned by insiders.

Hasbro Stock Down 1.2%

NASDAQ:HAS opened at $95.43 on Friday. The company has a market cap of $13.39 billion, a price-to-earnings ratio of -23.80, a price-to-earnings-growth ratio of 1.73 and a beta of 0.56. Hasbro, Inc. has a twelve month low of $49.00 and a twelve month high of $97.41. The company has a current ratio of 1.70, a quick ratio of 1.42 and a debt-to-equity ratio of 7.65. The stock has a fifty day simple moving average of $85.26 and a 200-day simple moving average of $80.07.

Hasbro Company Profile

(Free Report)

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.

Read More

Want to see what other hedge funds are holding HAS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hasbro, Inc. (NASDAQ:HASFree Report).

Institutional Ownership by Quarter for Hasbro (NASDAQ:HAS)

Receive News & Ratings for Hasbro Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hasbro and related companies with MarketBeat.com's FREE daily email newsletter.