Thompson Investment Management Inc. Has $467,000 Stock Position in Hasbro, Inc. (NASDAQ:HAS)

Thompson Investment Management Inc. cut its position in Hasbro, Inc. (NASDAQ:HAS) by 10.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,345 shares of the company’s stock after selling 951 shares during the quarter. Thompson Investment Management Inc.’s holdings in Hasbro were worth $467,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Pacer Advisors Inc. boosted its position in shares of Hasbro by 28,552.6% in the fourth quarter. Pacer Advisors Inc. now owns 2,789,613 shares of the company’s stock valued at $155,967,000 after acquiring an additional 2,779,877 shares during the period. Mizuho Securities USA LLC grew its position in Hasbro by 9,806.9% in the 3rd quarter. Mizuho Securities USA LLC now owns 1,000,000 shares of the company’s stock worth $72,320,000 after purchasing an additional 989,906 shares during the last quarter. Smith Group Asset Management LLC bought a new position in shares of Hasbro during the 3rd quarter worth about $32,032,000. Robeco Institutional Asset Management B.V. raised its position in shares of Hasbro by 207.6% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 547,822 shares of the company’s stock valued at $30,629,000 after buying an additional 369,744 shares during the last quarter. Finally, Jennison Associates LLC lifted its stake in shares of Hasbro by 882.9% in the fourth quarter. Jennison Associates LLC now owns 400,818 shares of the company’s stock valued at $22,410,000 after buying an additional 360,039 shares during the period. Institutional investors own 91.83% of the company’s stock.

Analysts Set New Price Targets

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

Hasbro Trading Down 1.0 %

Shares of Hasbro stock opened at $59.05 on Monday. The stock has a market capitalization of $8.24 billion, a P/E ratio of -12.73, a price-to-earnings-growth ratio of 0.51 and a beta of 0.64. Hasbro, Inc. has a 12-month low of $46.09 and a 12-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 has a 50-day simple moving average of $59.04 and a 200 day simple moving average of $64.30.

Insider Transactions at Hasbro

In other news, EVP Matthew Edward Austin sold 1,718 shares of the stock in a transaction on Friday, November 29th. The stock was sold at an average price of $65.06, for a total transaction of $111,773.08. Following the sale, the executive vice president now owns 36,828 shares in the company, valued at approximately $2,396,029.68. This represents a 4.46 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.82% of the company’s stock.

Hasbro 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.