Bbva Compass Bancshares Inc. acquired a new position in Hasbro, Inc. (NASDAQ:HAS) during the third quarter, according to its most recent 13F filing with the SEC. The firm acquired 1,704 shares of the company’s stock, valued at approximately $179,000.

Several other institutional investors have also recently added to or reduced their stakes in the company. HL Financial Services LLC grew its stake in Hasbro by 66.3% during the 3rd quarter. HL Financial Services LLC now owns 5,447 shares of the company’s stock valued at $573,000 after purchasing an additional 2,171 shares in the last quarter. Private Advisor Group LLC grew its stake in Hasbro by 43.4% during the 3rd quarter. Private Advisor Group LLC now owns 8,691 shares of the company’s stock valued at $914,000 after purchasing an additional 2,629 shares in the last quarter. Victory Capital Management Inc. grew its stake in Hasbro by 8.7% during the 3rd quarter. Victory Capital Management Inc. now owns 2,815,406 shares of the company’s stock valued at $295,956,000 after purchasing an additional 224,425 shares in the last quarter. Valeo Financial Advisors LLC grew its stake in 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 purchasing an additional 600 shares in the last quarter. Finally, Regentatlantic Capital LLC acquired a new stake in Hasbro during the 3rd quarter valued at approximately $234,000. Institutional investors own 78.82% of the company’s stock.

HAS has been the topic of a number of research analyst reports. Zacks Investment Research downgraded Hasbro from a “hold” rating to a “sell” rating in a report on Thursday, October 4th. BidaskClub downgraded Hasbro from a “buy” rating to a “hold” rating in a report on Friday, October 5th. KeyCorp increased their target price on Hasbro from $118.00 to $120.00 and gave the stock an “overweight” rating in a report on Monday, October 15th. MKM Partners reduced their target price on Hasbro to $110.00 and set a “buy” rating on the stock in a report on Tuesday, October 23rd. Finally, SunTrust Banks increased their target price on Hasbro to $108.00 and gave the stock a “hold” rating in a report on Tuesday, July 24th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and ten have issued a buy rating to the company. Hasbro presently has an average rating of “Hold” and a consensus target price of $105.33.

In related news, CFO Deborah Thomas sold 19,683 shares of the firm’s stock in a transaction that occurred on Wednesday, August 29th. The stock was sold at an average price of $100.83, for a total value of $1,984,636.89. Following the sale, the chief financial officer now owns 97,083 shares of the company’s stock, valued at approximately $9,788,878.89. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Brian Goldner purchased 11,000 shares of the business’s stock in a transaction that occurred on Monday, October 29th. The stock was bought at an average cost of $91.80 per share, for a total transaction of $1,009,800.00. The disclosure for this purchase can be found here. In the last three months, insiders sold 81,971 shares of company stock worth $8,296,408. Company insiders own 9.90% of the company’s stock.

Shares of NASDAQ HAS opened at $97.32 on Friday. The company has a market capitalization of $12.70 billion, a P/E ratio of 17.82, a P/E/G ratio of 2.03 and a beta of 0.96. Hasbro, Inc. has a 12-month low of $79.00 and a 12-month high of $109.60. The company has a debt-to-equity ratio of 0.90, a quick ratio of 1.95 and a current ratio of 2.41.

Hasbro (NASDAQ:HAS) last announced its quarterly 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 company had revenue of $1.57 billion during the quarter, compared to the consensus estimate of $1.71 billion. Hasbro had a return on equity of 34.61% and a net margin of 4.31%. The company’s revenue for the quarter was down 12.4% on a year-over-year basis. During the same period last year, the business posted $2.09 EPS. On average, research analysts forecast that Hasbro, Inc. will post 4.25 earnings per share for the current year.

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About Hasbro

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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