Achmea Investment Management B.V. Sells 4,853 Shares of Hasbro, Inc. (HAS)

Achmea Investment Management B.V. lowered its stake in shares of Hasbro, Inc. (NASDAQ:HAS) by 18.2% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 21,866 shares of the company’s stock after selling 4,853 shares during the quarter. Achmea Investment Management B.V.’s holdings in Hasbro were worth $2,298,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of HAS. Valeo Financial Advisors LLC raised its position in shares of Hasbro by 87.8% during the 3rd quarter. Valeo Financial Advisors LLC now owns 1,283 shares of the company’s stock valued at $118,000 after buying an additional 600 shares in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new stake in shares of Hasbro during the 2nd quarter valued at $136,000. Bbva Compass Bancshares Inc. purchased a new stake in shares of Hasbro during the 3rd quarter valued at $179,000. Cape ANN Savings Bank bought a new position in shares of Hasbro during the 3rd quarter valued at $205,000. Finally, Los Angeles Capital Management & Equity Research Inc. bought a new position in shares of Hasbro during the 3rd quarter valued at $206,000. Hedge funds and other institutional investors own 86.20% of the company’s stock.

In related news, CEO Brian Goldner purchased 11,000 shares of Hasbro stock in a transaction dated Monday, October 29th. The stock was purchased at an average cost of $91.80 per share, for a total transaction of $1,009,800.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Wiebe Tinga sold 6,000 shares of Hasbro stock in a transaction that occurred on Wednesday, November 7th. The stock was sold at an average price of $99.80, for a total transaction of $598,800.00. Following the completion of the sale, the executive vice president now owns 44,559 shares of the company’s stock, valued at $4,446,988.20. The disclosure for this sale can be found here. Insiders sold 713,570 shares of company stock valued at $69,562,482 over the last ninety days. Corporate insiders own 9.90% of the company’s stock.

Several equities analysts recently commented on HAS shares. BidaskClub raised shares of Hasbro from a “hold” rating to a “buy” rating in a report on Wednesday, August 29th. MKM Partners raised shares of Hasbro from a “neutral” rating to a “buy” rating and increased their target price for the company from $92.00 to $115.00 in a report on Wednesday, August 15th. Citigroup raised their target price on shares of Hasbro from $101.00 to $116.00 and gave the stock a “buy” rating in a research report on Wednesday, August 8th. Argus dropped their target price on shares of Hasbro from $120.00 to $110.00 and set a “buy” rating for the company in a research report on Tuesday, October 30th. Finally, ValuEngine raised shares of Hasbro from a “hold” rating to a “buy” rating in a research report on Thursday, November 1st. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and nine have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $105.33.

Hasbro stock traded down $1.46 during trading hours on Wednesday, hitting $88.41. The stock had a trading volume of 1,668,530 shares, compared to its average volume of 1,036,119. The company has a debt-to-equity ratio of 0.90, a quick ratio of 1.95 and a current ratio of 2.41. The stock has a market capitalization of $11.51 billion, a PE ratio of 16.19, a price-to-earnings-growth ratio of 1.81 and a beta of 0.95. Hasbro, Inc. has a 12-month low of $79.00 and a 12-month high of $109.60.

Hasbro (NASDAQ:HAS) last issued its earnings results on Monday, October 22nd. The company reported $1.93 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.23 by ($0.30). The firm had revenue of $1.57 billion during the quarter, compared to analysts’ expectations of $1.71 billion. Hasbro had a return on equity of 34.61% and a net margin of 4.31%. The firm’s quarterly revenue was down 12.4% on a year-over-year basis. During the same period last year, the firm posted $2.09 earnings per share. As a group, equities research analysts forecast that Hasbro, Inc. will post 4.25 EPS for the current fiscal year.

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Hasbro Profile

Hasbro, Inc, together with its subsidiaries, operates as a play and entertainment company. The company's U.S. and Canada segment markets and sells action figures, arts and crafts, and creative play products; electronic toys and related electronic interactive products; fashion and other dolls, infant products, play sets, preschool toys, plush products, and sports action blasters and accessories; and vehicles and toy-related specialty products, as well as traditional board games, and trading card and role-playing games primarily in the United States and Canada.

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Institutional Ownership by Quarter for Hasbro (NASDAQ:HAS)

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