Chilton Investment Co. LLC cut its stake in Hasbro, Inc. (NASDAQ:HAS) by 59.6% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 148,066 shares of the company’s stock after selling 218,511 shares during the period. Chilton Investment Co. LLC’s holdings in Hasbro were worth $12,589,000 at the end of the most recent quarter.
Other large investors also recently added to or reduced their stakes in the company. Creative Planning lifted its holdings in Hasbro by 1.3% during the 1st quarter. Creative Planning now owns 7,581 shares of the company’s stock worth $645,000 after buying an additional 99 shares during the last quarter. Sigma Planning Corp lifted its holdings in Hasbro by 4.4% during the 4th quarter. Sigma Planning Corp now owns 2,662 shares of the company’s stock worth $216,000 after buying an additional 112 shares during the last quarter. Proficio Capital Partners LLC lifted its holdings in Hasbro by 41.4% during the 4th quarter. Proficio Capital Partners LLC now owns 420 shares of the company’s stock worth $34,000 after buying an additional 123 shares during the last quarter. Bessemer Group Inc. lifted its holdings in Hasbro by 46.3% during the 4th quarter. Bessemer Group Inc. now owns 398 shares of the company’s stock worth $33,000 after buying an additional 126 shares during the last quarter. Finally, Van ECK Associates Corp lifted its holdings in Hasbro by 38.2% during the 4th quarter. Van ECK Associates Corp now owns 463 shares of the company’s stock worth $38,000 after buying an additional 128 shares during the last quarter. Hedge funds and other institutional investors own 90.00% of the company’s stock.
A number of analysts have issued reports on HAS shares. Zacks Investment Research raised Hasbro from a “strong sell” rating to a “hold” rating in a report on Saturday, April 13th. BidaskClub downgraded Hasbro from a “sell” rating to a “strong sell” rating in a report on Monday, February 25th. ValuEngine raised Hasbro from a “hold” rating to a “buy” rating in a report on Tuesday, January 22nd. KeyCorp set a $110.00 price target on Hasbro and gave the stock a “buy” rating in a report on Wednesday, February 20th. Finally, Stifel Nicolaus lifted their price target on Hasbro from $90.00 to $95.00 and gave the stock a “hold” rating in a report on Wednesday, April 24th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and ten have given a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $106.07.
HAS opened at $100.69 on Monday. The company has a debt-to-equity ratio of 1.02, a quick ratio of 2.26 and a current ratio of 2.77. Hasbro, Inc. has a one year low of $76.84 and a one year high of $109.60. The stock has a market cap of $12.64 billion, a PE ratio of 26.15, a PEG ratio of 2.08 and a beta of 0.98.
Hasbro (NASDAQ:HAS) last posted its earnings results on Tuesday, April 23rd. The company reported $0.21 EPS for the quarter, topping the Zacks’ consensus estimate of ($0.08) by $0.29. Hasbro had a return on equity of 28.50% and a net margin of 7.83%. The business had revenue of $732.51 million for the quarter, compared to analysts’ expectations of $665.96 million. During the same quarter in the previous year, the firm earned $0.10 earnings per share. The business’s revenue was up 2.3% compared to the same quarter last year. As a group, equities research analysts anticipate that Hasbro, Inc. will post 4.52 EPS for the current year.
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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