Robeco Institutional Asset Management B.V. Has $30.63 Million Position in Hasbro, Inc. (NASDAQ:HAS)

Robeco Institutional Asset Management B.V. increased its holdings in shares of Hasbro, Inc. (NASDAQ:HAS) by 207.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 547,822 shares of the company’s stock after purchasing an additional 369,744 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Hasbro were worth $30,629,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. Pacer Advisors Inc. raised its holdings 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 purchasing an additional 2,779,877 shares during the last quarter. Mizuho Securities USA LLC increased its stake 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 valued at $72,320,000 after buying an additional 989,906 shares during the last quarter. Smith Group Asset Management LLC acquired a new stake in Hasbro in the 3rd quarter valued at $32,032,000. GW Henssler & Associates Ltd. bought a new stake in Hasbro during the 3rd quarter worth about $18,163,000. Finally, Moran Wealth Management LLC acquired a new position in shares of Hasbro during the 3rd quarter worth about $8,864,000. 91.83% of the stock is currently owned by institutional investors and hedge funds.

Hasbro Stock Up 1.7 %

Shares of HAS opened at $59.56 on Friday. The firm’s 50-day simple moving average is $59.78 and its 200 day simple moving average is $64.38. The company has a debt-to-equity ratio of 2.64, a quick ratio of 1.29 and a current ratio of 1.47. The firm has a market cap of $8.31 billion, a P/E ratio of -12.84, a price-to-earnings-growth ratio of 0.49 and a beta of 0.64. Hasbro, Inc. has a 52 week low of $46.09 and a 52 week high of $73.46.

Wall Street Analyst Weigh In

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

Insider Activity at Hasbro

In other Hasbro news, EVP Matthew Edward Austin sold 1,718 shares of the stock in a transaction that occurred on Friday, November 29th. The shares were sold at an average price of $65.06, for a total transaction of $111,773.08. Following the transaction, the executive vice president now owns 36,828 shares in the company, valued at $2,396,029.68. This represents a 4.46 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.82% of the stock is currently owned by corporate insiders.

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.