Dakota Community Bank & Trust NA Has $113,000 Holdings in Hasbro, Inc. (NASDAQ:HAS)

Dakota Community Bank & Trust NA trimmed its position in Hasbro, Inc. (NASDAQ:HAS) by 10.8% in the fourth quarter, HoldingsChannel.com reports. The firm owned 2,026 shares of the company’s stock after selling 245 shares during the period. Dakota Community Bank & Trust NA’s holdings in Hasbro were worth $113,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of HAS. International Assets Investment Management LLC boosted its stake in Hasbro by 7,141.6% in the 3rd quarter. International Assets Investment Management LLC now owns 56,629 shares of the company’s stock valued at $40,950,000 after buying an additional 55,847 shares in the last quarter. GW Henssler & Associates Ltd. acquired a new position in Hasbro in the third quarter worth $18,163,000. Charles Schwab Investment Management Inc. grew its holdings in shares of Hasbro by 0.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,184,036 shares of the company’s stock worth $85,629,000 after purchasing an additional 8,270 shares during the last quarter. American Trust acquired a new stake in shares of Hasbro in the third quarter valued at $634,000. Finally, Quest Partners LLC increased its stake in shares of Hasbro by 972.6% in the third quarter. Quest Partners LLC now owns 29,045 shares of the company’s stock valued at $2,101,000 after buying an additional 26,337 shares in the last quarter. 91.83% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have commented on HAS. Bank of America increased 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. Morgan Stanley increased their price target on shares of Hasbro from $80.00 to $92.00 and gave the company an “overweight” rating in a research note on Friday, October 25th. JPMorgan Chase & Co. boosted their price objective on shares of Hasbro from $76.00 to $82.00 and gave the stock an “overweight” rating in a research report on Monday, October 21st. Stifel Nicolaus decreased their price objective on Hasbro from $82.00 to $77.00 and set a “buy” rating on the stock in a research report on Friday, January 3rd. Finally, DA Davidson lifted 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. Two research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $80.11.

Insiders Place Their Bets

In related news, EVP Matthew Edward Austin sold 1,718 shares of the stock in a transaction that occurred 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 completion of the sale, the executive vice president now directly owns 36,828 shares of the company’s stock, valued at approximately $2,396,029.68. This represents a 4.46 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.82% of the company’s stock.

Hasbro Price Performance

Shares of Hasbro stock opened at $57.34 on Friday. The business has a fifty day simple moving average of $60.54 and a 200 day simple moving average of $64.30. The company has a quick ratio of 1.29, a current ratio of 1.47 and a debt-to-equity ratio of 2.64. Hasbro, Inc. has a 12 month low of $46.09 and a 12 month high of $73.46.

Hasbro (NASDAQ:HAS) last announced its quarterly earnings results on Thursday, October 24th. The company reported $1.73 EPS for the quarter, beating analysts’ consensus estimates of $1.28 by $0.45. Hasbro had a positive return on equity of 47.91% and a negative net margin of 14.83%. The company had revenue of $1.28 billion during the quarter, compared to analysts’ expectations of $1.30 billion. During the same period in the prior year, the business posted $1.64 EPS. Hasbro’s revenue was down 14.8% on a year-over-year basis. Sell-side analysts predict that Hasbro, Inc. will post 3.87 EPS for the current fiscal year.

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.