TD Waterhouse Canada Inc. Buys 78,348 Shares of Hasbro, Inc. $HAS

TD Waterhouse Canada Inc. grew its position in shares of Hasbro, Inc. (NASDAQ:HAS) by 4,246.5% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 80,193 shares of the company’s stock after purchasing an additional 78,348 shares during the quarter. TD Waterhouse Canada Inc. owned about 0.06% of Hasbro worth $6,040,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in shares of Hasbro by 0.7% during the 2nd quarter. Vanguard Group Inc. now owns 16,574,471 shares of the company’s stock worth $1,223,527,000 after buying an additional 110,433 shares during the period. State Street Corp boosted its stake in Hasbro by 2.1% during the second quarter. State Street Corp now owns 6,508,052 shares of the company’s stock worth $480,424,000 after acquiring an additional 131,678 shares in the last quarter. Bank of America Corp DE grew its holdings in Hasbro by 128.7% in the second quarter. Bank of America Corp DE now owns 2,981,423 shares of the company’s stock worth $220,089,000 after purchasing an additional 1,677,962 shares during the period. Marshall Wace LLP increased its stake in Hasbro by 15.1% in the second quarter. Marshall Wace LLP now owns 2,634,857 shares of the company’s stock valued at $194,505,000 after purchasing an additional 346,637 shares in the last quarter. Finally, AQR Capital Management LLC raised its holdings in shares of Hasbro by 95.7% during the second quarter. AQR Capital Management LLC now owns 2,259,812 shares of the company’s stock valued at $164,831,000 after purchasing an additional 1,105,004 shares during the period. Institutional investors and hedge funds own 91.83% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on HAS. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Hasbro in a research report on Monday, December 29th. Jefferies Financial Group boosted their price objective on Hasbro from $90.00 to $95.00 and gave the company a “buy” rating in a report on Monday, December 29th. Wolfe Research upped their target price on Hasbro from $89.00 to $90.00 in a research report on Wednesday, October 29th. UBS Group lifted their price target on shares of Hasbro from $89.00 to $99.00 and gave the company a “buy” rating in a research report on Wednesday, January 7th. Finally, Morgan Stanley restated an “overweight” rating and set a $94.00 price objective on shares of Hasbro in a report on Sunday, December 14th. Nine investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $93.00.

Hasbro Stock Performance

Shares of HAS stock opened at $89.31 on Friday. Hasbro, Inc. has a one year low of $49.00 and a one year high of $90.80. The company has a market cap of $12.53 billion, a P/E ratio of -22.27, a P/E/G ratio of 1.62 and a beta of 0.55. The firm has a 50-day moving average of $84.18 and a 200-day moving average of $79.55. The company has a debt-to-equity ratio of 7.65, a current ratio of 1.70 and a quick ratio of 1.42.

Insider Buying and Selling

In other Hasbro news, Director Hope F. Cochran sold 4,000 shares of the business’s stock in a transaction on Monday, November 10th. The stock was sold at an average price of $77.24, for a total value of $308,960.00. Following the transaction, the director owned 17,102 shares of the company’s stock, valued at approximately $1,320,958.48. The trade was a 18.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.85% of the company’s stock.

About Hasbro

Hasbro, Inc is a global play and entertainment company, known for designing, manufacturing and marketing a diverse portfolio of toys, games and consumer products. Founded in 1923 as Hassenfeld Brothers and headquartered in Pawtucket, Rhode Island, the company has grown into one of the foremost names in the toy industry, with a presence in retail, digital and entertainment channels worldwide.

The company’s brand portfolio features iconic properties such as Monopoly, Play-Doh, Nerf, My Little Pony and Transformers.