AlphaMark Advisors LLC Has $33,000 Stock Holdings in Hasbro, Inc. (NASDAQ:HAS)

AlphaMark Advisors LLC decreased its position in Hasbro, Inc. (NASDAQ:HAS) by 66.0% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 590 shares of the company’s stock after selling 1,145 shares during the period. AlphaMark Advisors LLC’s holdings in Hasbro were worth $33,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in HAS. Kestra Advisory Services LLC bought a new stake in Hasbro during the 3rd quarter worth approximately $238,000. Mariner LLC raised its holdings in shares of Hasbro by 14.0% during the third quarter. Mariner LLC now owns 9,199 shares of the company’s stock worth $608,000 after acquiring an additional 1,129 shares during the period. Treasurer of the State of North Carolina raised its holdings in shares of Hasbro by 0.4% during the third quarter. Treasurer of the State of North Carolina now owns 59,042 shares of the company’s stock worth $3,905,000 after acquiring an additional 220 shares during the period. Tower Research Capital LLC TRC lifted its position in Hasbro by 361.2% in the 3rd quarter. Tower Research Capital LLC TRC now owns 13,015 shares of the company’s stock valued at $861,000 after acquiring an additional 10,193 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in Hasbro by 176.0% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,311,754 shares of the company’s stock worth $86,763,000 after purchasing an additional 836,474 shares during the period. Institutional investors own 91.83% of the company’s stock.

Hasbro Price Performance

HAS stock traded down $0.98 during mid-day trading on Monday, hitting $57.52. 1,023,522 shares of the stock were exchanged, compared to its average volume of 1,827,943. The company has a debt-to-equity ratio of 2.88, a current ratio of 1.11 and a quick ratio of 0.93. The stock has a market capitalization of $8.01 billion, a price-to-earnings ratio of -5.67, a PEG ratio of 0.61 and a beta of 0.62. The business has a fifty day moving average price of $60.43 and a 200 day moving average price of $54.82. Hasbro, Inc. has a 12 month low of $42.66 and a 12 month high of $73.57.

Hasbro (NASDAQ:HAS) last posted its quarterly earnings results on Wednesday, April 24th. The company reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.34. The business had revenue of $757.30 million during the quarter, compared to analyst estimates of $739.84 million. Hasbro had a negative net margin of 29.60% and a positive return on equity of 25.41%. The company’s revenue was down 24.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.01 earnings per share. On average, sell-side analysts anticipate that Hasbro, Inc. will post 3.72 EPS for the current year.

Analyst Ratings Changes

Several equities analysts have recently weighed in on HAS shares. Roth Mkm raised their price target on shares of Hasbro from $65.00 to $75.00 and gave the stock a “buy” rating in a research note on Thursday, April 25th. JPMorgan Chase & Co. upgraded shares of Hasbro from a “neutral” rating to an “overweight” rating and lifted their price target for the company from $61.00 to $74.00 in a research note on Thursday, May 23rd. Bank of America upgraded shares of Hasbro from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $70.00 to $80.00 in a research note on Friday, June 14th. Stifel Nicolaus lifted their target price on Hasbro from $64.00 to $67.00 and gave the company a “buy” rating in a research report on Monday, April 15th. Finally, Morgan Stanley reiterated an “overweight” rating and set a $77.00 target price on shares of Hasbro in a report on Monday, May 20th. Four research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $69.00.

Insider Transactions at Hasbro

In related news, EVP Tarrant L. Sibley sold 13,000 shares of Hasbro stock in a transaction that occurred on Wednesday, May 29th. The stock was sold at an average price of $60.26, for a total transaction of $783,380.00. Following the sale, the executive vice president now directly owns 53,003 shares in the company, valued at $3,193,960.78. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.82% of the company’s stock.

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.