Koss Olinger Consulting LLC Has $3.11 Million Stock Holdings in Hasbro, Inc. (NASDAQ:HAS)

Koss Olinger Consulting LLC decreased its stake in shares of Hasbro, Inc. (NASDAQ:HAS) by 5.9% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 42,929 shares of the company’s stock after selling 2,707 shares during the quarter. Koss Olinger Consulting LLC’s holdings in Hasbro were worth $3,105,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Commonwealth Equity Services LLC increased its position in shares of Hasbro by 77.2% during the 1st quarter. Commonwealth Equity Services LLC now owns 48,657 shares of the company’s stock worth $2,750,000 after purchasing an additional 21,204 shares during the last quarter. Intech Investment Management LLC boosted its stake in shares of Hasbro by 351.7% during the 1st quarter. Intech Investment Management LLC now owns 24,411 shares of the company’s stock worth $1,380,000 after acquiring an additional 19,007 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of Hasbro by 95.6% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 39,100 shares of the company’s stock worth $2,020,000 after acquiring an additional 19,113 shares during the period. State Board of Administration of Florida Retirement System boosted its stake in shares of Hasbro by 7.8% during the 1st quarter. State Board of Administration of Florida Retirement System now owns 151,770 shares of the company’s stock worth $8,149,000 after acquiring an additional 10,961 shares during the period. Finally, Russell Investments Group Ltd. boosted its stake in shares of Hasbro by 43.0% during the 1st quarter. Russell Investments Group Ltd. now owns 27,546 shares of the company’s stock worth $1,557,000 after acquiring an additional 8,280 shares during the period. Institutional investors and hedge funds own 91.83% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. DA Davidson reiterated a “neutral” rating and set a $59.00 target price on shares of Hasbro in a research note on Friday, July 26th. Morgan Stanley lifted their target price on Hasbro from $78.00 to $79.00 and gave the stock an “overweight” rating in a research note on Friday, July 26th. JPMorgan Chase & Co. lifted their target price on Hasbro from $76.00 to $82.00 and gave the stock an “overweight” rating in a research note on Monday. Stifel Nicolaus lifted their target price on Hasbro from $78.00 to $82.00 and gave the stock a “buy” rating in a research note on Tuesday, October 8th. Finally, Jefferies Financial Group lifted their target price on Hasbro from $75.00 to $83.00 and gave the stock a “buy” rating in a research note on Tuesday, October 1st. Three research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $75.10.

Hasbro Stock Performance

NASDAQ:HAS opened at $72.94 on Monday. The stock has a fifty day moving average price of $69.41 and a 200-day moving average price of $63.26. The company has a market cap of $10.15 billion, a price-to-earnings ratio of -7.19, a PEG ratio of 0.54 and a beta of 0.61. The company has a debt-to-equity ratio of 2.95, a quick ratio of 1.27 and a current ratio of 1.46. Hasbro, Inc. has a fifty-two week low of $42.66 and a fifty-two week high of $73.46.

Hasbro (NASDAQ:HAS) last released its earnings results on Thursday, July 25th. The company reported $1.22 earnings per share for the quarter, beating analysts’ consensus estimates of $0.78 by $0.44. The firm had revenue of $995.30 million during the quarter, compared to the consensus estimate of $941.38 million. Hasbro had a positive return on equity of 38.83% and a negative net margin of 22.78%. The company’s revenue was down 17.7% compared to the same quarter last year. During the same period in the prior year, the company posted $0.49 EPS. As a group, equities analysts anticipate that Hasbro, Inc. will post 3.94 EPS for the current fiscal year.

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.