Stock Worth Watching: 1.06 is Hasbro Inc’s (NASDAQ:HAS) Institutional Investor Sentiment

November 28, 2016 - By Dolores Ford   ·   0 Comments

Stock Worth Watching: 1.06 is Hasbro Inc's (NASDAQ:HAS) Institutional Investor Sentiment

Sentiment for Hasbro Inc (NASDAQ:HAS)

Hasbro Inc (NASDAQ:HAS) institutional sentiment decreased to 1.06 in Q2 2016. Its down -0.12, from 1.18 in 2016Q1. The ratio dived, as 228 institutional investors increased or opened new positions, while 194 decreased and sold stakes in Hasbro Inc. The institutional investors in our partner’s database now hold: 93.88 million shares, down from 99.42 million shares in 2016Q1. Also, the number of institutional investors holding Hasbro Inc in their top 10 positions decreased from 10 to 9 for a decrease of 1. Sold All: 33 Reduced: 161 Increased: 173 New Position: 55.

Hasbro, Inc. is a branded-play company. The company has a market cap of $10.76 billion. The Company’s operating divisions include the U.S. and Canada segment, the International segment, the Entertainment and Licensing segment, and Global Operations segment. It has a 20.25 P/E ratio. The U.S. and Canada segment is engaged in the marketing and sale of its products in the United States.

About 1.18 million shares traded hands. Hasbro, Inc. (NASDAQ:HAS) has risen 0.80% since April 25, 2016 and is uptrending. It has underperformed by 5.21% the S&P500.

Analysts await Hasbro, Inc. (NASDAQ:HAS) to report earnings on February, 13. They expect $1.32 earnings per share, down 5.04% or $0.07 from last year’s $1.39 per share. HAS’s profit will be $166.68 million for 16.14 P/E if the $1.32 EPS becomes a reality. After $2.03 actual earnings per share reported by Hasbro, Inc. for the previous quarter, Wall Street now forecasts -34.98% negative EPS growth.

According to Zacks Investment Research, “Hasbro Inc. is a worldwide leader in children’s and family leisure time and entertainment products and services, including the design, manufacture and marketing of games and toys ranging from traditional to high-tech. Both internationally and in the U.S., its PLAYSKOOL, KENNER, TONKA, ODDZON, SUPER SOAKER, MILTON BRADLEY, PARKER BROTHERS, TIGER, HASBRO INTERACTIVE, MICROPROSE, GALOOB and WIZARDS OF THE COAST brands and products provide what the company believes to be the highest quality and most recognizable play experiences in the world. (PRESS RELEASE)”

Cincinnati Indemnity Co holds 7.63% of its portfolio in Hasbro, Inc. for 21,000 shares. Cincinnati Casualty Co owns 42,500 shares or 3.64% of their US portfolio. Moreover, Cincinnati Insurance Co has 3.47% invested in the company for 1.26 million shares. The Ohio-based Cincinnati Specialty Underwriters Insurance Co has invested 3.01% in the stock. Ronna Sue Cohen, a Utah-based fund reported 47,433 shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 0 insider buys, and 1 sale for $1.63 million net activity.

Hasbro, Inc. (NASDAQ:HAS) Ratings Coverage

Ratings analysis reveals 29% of Hasbro Inc.’s analysts are positive. Out of 14 Wall Street analysts rating Hasbro Inc., 4 give it “Buy”, 0 “Sell” rating, while 10 recommend “Hold”. The lowest target is $72 while the high is $98. The stock’s average target of $83.36 is -2.19% below today’s ($85.23) share price. HAS was included in 26 notes of analysts from July 21, 2015. The firm has “Equal-Weight” rating by Barclays Capital given on Tuesday, February 9. BMO Capital Markets downgraded the shares of HAS in a report on Tuesday, July 21 to “Market Perform” rating. Piper Jaffray upgraded the shares of HAS in a report on Wednesday, September 2 to “Overweight” rating. As per Thursday, August 20, the company rating was initiated by Oppenheimer. The firm has “Buy” rating given on Monday, June 6 by Citigroup. On Thursday, March 24 the stock rating was initiated by UBS with “Neutral”. The firm earned “Neutral” rating on Tuesday, October 13 by M Partners. The company was maintained on Wednesday, September 30 by BMO Capital Markets. The rating was maintained by Jefferies with “Hold” on Tuesday, April 12. PiperJaffray upgraded Hasbro, Inc. (NASDAQ:HAS) on Tuesday, July 19 to “Overweight” rating.

HAS Company Profile

Hasbro, Inc. (Hasbro), incorporated on January 8, 1926, is a branded-play company. The Company’s operating divisions include the U.S. and Canada segment, the International segment, and the Entertainment and Licensing segment. From toys and games to television programming, motion pictures, digital gaming and consumer products licensing program, the Company fulfills the need for play and connection for children and families around the world. The Company, through its Hasbro Studios LLC (Hasbro Studios), creates entertainment brand storytelling across mediums, including television and film. It offers entertainment offerings, including television programming and motion pictures, and products, ranging from traditional to digital, all informed by storytelling and consumer insights.

Another recent and important Hasbro, Inc. (NASDAQ:HAS) news was published by Fool.com which published an article titled: “Hasbro Inc. Forges Ahead Thanks to Girls and Princesses” on November 01, 2016.

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By Dolores Ford


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