Greenleaf Trust Sells 243 Shares of Hasbro, Inc. (NASDAQ:HAS)

Greenleaf Trust cut its position in shares of Hasbro, Inc. (NASDAQ:HAS) by 4.8% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,805 shares of the company’s stock after selling 243 shares during the quarter. Greenleaf Trust’s holdings in Hasbro were worth $269,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. International Assets Investment Management LLC boosted its holdings in shares of Hasbro by 7,141.6% during the 3rd quarter. International Assets Investment Management LLC now owns 56,629 shares of the company’s stock valued at $40,950,000 after buying an additional 55,847 shares in the last quarter. GW Henssler & Associates Ltd. purchased a new position in Hasbro during the 3rd quarter valued at about $18,163,000. Charles Schwab Investment Management Inc. boosted its stake in Hasbro by 0.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,184,036 shares of the company’s stock worth $85,629,000 after acquiring an additional 8,270 shares in the last quarter. American Trust purchased a new stake in Hasbro in the third quarter worth about $634,000. Finally, Quest Partners LLC increased its stake in shares of Hasbro by 972.6% during the third quarter. Quest Partners LLC now owns 29,045 shares of the company’s stock valued at $2,101,000 after purchasing an additional 26,337 shares in the last quarter. 91.83% of the stock is owned by hedge funds and other institutional investors.

Hasbro Stock Up 3.1 %

Shares of Hasbro stock opened at $58.90 on Thursday. Hasbro, Inc. has a twelve month low of $46.09 and a twelve month high of $73.46. The company has a quick ratio of 1.29, a current ratio of 1.47 and a debt-to-equity ratio of 2.64. The company’s 50 day moving average is $59.34 and its 200 day moving average is $64.34. The company has a market cap of $8.22 billion, a price-to-earnings ratio of -12.69, a price-to-earnings-growth ratio of 0.50 and a beta of 0.64.

Analysts Set New Price Targets

A number of analysts have recently commented on HAS shares. DA Davidson boosted their price target on Hasbro from $59.00 to $73.00 and gave the stock a “neutral” rating in a research report on Friday, October 25th. JPMorgan Chase & Co. boosted their target price on Hasbro from $76.00 to $82.00 and gave the stock an “overweight” rating in a report on Monday, October 21st. Bank of America raised their price target on Hasbro from $90.00 to $95.00 and gave the company a “buy” rating in a report on Tuesday, October 15th. Stifel Nicolaus dropped their price target on shares of Hasbro from $82.00 to $77.00 and set a “buy” rating on the stock in a research note on Friday, January 3rd. Finally, Morgan Stanley raised their price objective on shares of Hasbro from $80.00 to $92.00 and gave the company an “overweight” rating in a research note on Friday, October 25th. Two investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Hasbro has a consensus rating of “Moderate Buy” and a consensus target price of $80.11.

Insider Activity

In other Hasbro 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 transaction of $111,773.08. Following the completion of the sale, the executive vice president now directly owns 36,828 shares in the company, valued at $2,396,029.68. The trade was a 4.46 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 0.82% of the company’s stock.

About Hasbro

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.