Vanguard Personalized Indexing Management LLC Sells 8,173 Shares of Hasbro, Inc. (NASDAQ:HAS)

Vanguard Personalized Indexing Management LLC lowered its position in Hasbro, Inc. (NASDAQ:HAS) by 36.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 14,283 shares of the company’s stock after selling 8,173 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Hasbro were worth $729,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the business. Studio Investment Management LLC acquired a new stake in shares of Hasbro during the third quarter worth $26,000. Parkside Financial Bank & Trust grew its holdings in Hasbro by 300.0% during the 4th quarter. Parkside Financial Bank & Trust now owns 544 shares of the company’s stock worth $28,000 after acquiring an additional 408 shares during the period. Orion Capital Management LLC bought a new position in shares of Hasbro in the 3rd quarter worth about $37,000. Livforsakringsbolaget Skandia Omsesidigt lifted its stake in shares of Hasbro by 118.4% in the 4th quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 841 shares of the company’s stock valued at $43,000 after purchasing an additional 456 shares during the period. Finally, Federated Hermes Inc. bought a new stake in shares of Hasbro during the 4th quarter valued at about $53,000. Institutional investors own 91.83% of the company’s stock.

Hasbro Stock Performance

NASDAQ HAS opened at $60.33 on Thursday. The company has a market capitalization of $8.40 billion, a PE ratio of -5.95, a price-to-earnings-growth ratio of 0.99 and a beta of 0.67. The company has a debt-to-equity ratio of 2.88, a quick ratio of 0.93 and a current ratio of 1.11. Hasbro, Inc. has a 52-week low of $42.66 and a 52-week high of $73.57. The company has a 50-day simple moving average of $58.16 and a 200 day simple moving average of $52.23.

Hasbro (NASDAQ:HAS) last issued its quarterly earnings results on Wednesday, April 24th. The company reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.34. Hasbro had a negative net margin of 29.60% and a positive return on equity of 25.41%. The company had revenue of $757.30 million during the quarter, compared to analyst estimates of $739.84 million. During the same quarter last year, the business posted $0.01 EPS. Hasbro’s quarterly revenue was down 24.3% compared to the same quarter last year. On average, research analysts predict that Hasbro, Inc. will post 3.66 EPS for the current year.

Wall Street Analyst Weigh In

HAS has been the subject of a number of research analyst reports. DA Davidson lifted their target price on Hasbro from $52.00 to $59.00 and gave the stock a “neutral” rating in a report on Monday, April 29th. Jefferies Financial Group increased their target price on shares of Hasbro from $61.00 to $63.00 and gave the stock a “buy” rating in a research note on Friday, April 19th. TheStreet downgraded shares of Hasbro from a “c-” rating to a “d+” rating in a research note on Tuesday, February 13th. Monness Crespi & Hardt increased their price objective on shares of Hasbro from $60.00 to $75.00 and gave the stock a “buy” rating in a research report on Thursday, April 25th. Finally, StockNews.com upgraded Hasbro from a “sell” rating to a “hold” rating in a report on Wednesday, April 24th. Six investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $66.27.

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.