Saturna Capital CORP boosted its holdings in shares of Hasbro, Inc. (NASDAQ:HAS) by 136.2% in the third quarter, according to its most recent filing with the SEC. The firm owned 11,576 shares of the company’s stock after acquiring an additional 6,676 shares during the period. Saturna Capital CORP’s holdings in Hasbro were worth $1,076,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently made changes to their positions in the company. Vanguard Group Inc. grew its holdings in shares of Hasbro by 5.7% in the 2nd quarter. Vanguard Group Inc. now owns 12,882,037 shares of the company’s stock valued at $1,436,475,000 after buying an additional 695,231 shares during the period. BlackRock Inc. grew its holdings in shares of Hasbro by 7.6% in the 2nd quarter. BlackRock Inc. now owns 9,880,626 shares of the company’s stock valued at $1,101,787,000 after buying an additional 700,898 shares during the period. Wells Fargo & Company MN grew its holdings in shares of Hasbro by 2.7% in the 3rd quarter. Wells Fargo & Company MN now owns 2,841,298 shares of the company’s stock valued at $277,509,000 after buying an additional 73,378 shares during the period. Principal Financial Group Inc. grew its holdings in shares of Hasbro by 6.3% in the 3rd quarter. Principal Financial Group Inc. now owns 2,315,308 shares of the company’s stock valued at $226,136,000 after buying an additional 137,568 shares during the period. Finally, FMR LLC grew its holdings in shares of Hasbro by 70.2% in the 2nd quarter. FMR LLC now owns 2,104,131 shares of the company’s stock valued at $234,631,000 after buying an additional 868,073 shares during the period. 79.83% of the stock is owned by institutional investors.

Shares of Hasbro, Inc. (NASDAQ HAS) opened at $91.11 on Wednesday. The company has a debt-to-equity ratio of 0.87, a quick ratio of 2.11 and a current ratio of 2.53. Hasbro, Inc. has a 52-week low of $77.20 and a 52-week high of $116.20. The company has a market cap of $11,476.55, a PE ratio of 19.65, a price-to-earnings-growth ratio of 1.84 and a beta of 0.86.

Hasbro (NASDAQ:HAS) last issued its quarterly earnings results on Monday, October 23rd. The company reported $2.09 EPS for the quarter, topping the consensus estimate of $1.94 by $0.15. Hasbro had a net margin of 11.34% and a return on equity of 31.74%. The firm had revenue of $1.79 billion for the quarter, compared to analysts’ expectations of $1.77 billion. During the same period in the previous year, the firm posted $2.03 EPS. The company’s revenue for the quarter was up 6.6% on a year-over-year basis. sell-side analysts anticipate that Hasbro, Inc. will post 5 earnings per share for the current fiscal year.

Several equities research analysts recently commented on HAS shares. Zacks Investment Research raised shares of Hasbro from a “hold” rating to a “buy” rating and set a $110.00 price objective on the stock in a research report on Wednesday, September 6th. Jefferies Group reaffirmed a “buy” rating and issued a $125.00 price objective on shares of Hasbro in a research report on Thursday, August 31st. BidaskClub cut shares of Hasbro from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 12th. Goldman Sachs Group reaffirmed a “buy” rating and issued a $118.00 price objective on shares of Hasbro in a research report on Monday, October 2nd. Finally, DA Davidson reaffirmed a “buy” rating and issued a $124.00 price objective (up from $121.00) on shares of Hasbro in a research report on Tuesday, October 24th. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and six have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $105.99.

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Hasbro Company Profile

Hasbro, Inc (Hasbro) is a play and entertainment company. The Company’s operating segments include the U.S. and Canada, International, and Entertainment and Licensing. From toys and games to content development, including television programming, motion pictures, digital gaming and a consumer products licensing program, Hasbro fulfills the fundamental need for play and connection for children and families around the world.

Institutional Ownership by Quarter for Hasbro (NASDAQ:HAS)

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