Hasbro Inc (NASDAQ:HAS) Q2 2018 Sentiment Report

October 11, 2018 - By whatsonthorold

Hasbro, Inc. (NASDAQ:HAS) Logo

Sentiment for Hasbro Inc (NASDAQ:HAS)

Hasbro Inc (NASDAQ:HAS) institutional sentiment increased to 1.09 in 2018 Q2. Its up 0.23, from 0.86 in 2018Q1. The ratio is better, as 220 funds opened new or increased holdings, while 201 cut down and sold equity positions in Hasbro Inc. The funds in our partner’s database now own: 100.36 million shares, up from 96.41 million shares in 2018Q1. Also, the number of funds holding Hasbro Inc in their top 10 holdings was flat from 4 to 4 for the same number . Sold All: 60 Reduced: 141 Increased: 164 New Position: 56.

Hasbro, Inc., together with its subsidiaries, operates as a play and entertainment company. The company has market cap of $12.56 billion. The firm operates through U.S. and Canada, International, and Entertainment and Licensing. It has a 60.1 P/E ratio. The U.S. and Canada segment markets and sells action figures, arts and crafts, and creative play products; electronic toys and related electronic interactive products; fashion and other dolls, infant products, play sets, preschool toys, plush products, and sports action blasters and accessories; and vehicles and toy-related specialty products, as well as traditional board games, and trading card and role-playing games primarily in the United States and Canada.

The stock increased 0.56% or $0.55 during the last trading session, reaching $98.92. About 588,949 shares traded. Hasbro, Inc. (NASDAQ:HAS) has risen 8.39% since October 11, 2017 and is uptrending. It has underperformed by 7.23% the S&P500.

Analysts await Hasbro, Inc. (NASDAQ:HAS) to report earnings on October, 22. They expect $2.27 EPS, up 8.61 % or $0.18 from last year’s $2.09 per share. HAS’s profit will be $288.16M for 10.89 P/E if the $2.27 EPS becomes a reality. After $0.48 actual EPS reported by Hasbro, Inc. for the previous quarter, Wall Street now forecasts 372.92 % EPS growth.

Cincinnati Indemnity Co holds 7.93% of its portfolio in Hasbro, Inc. for 21,000 shares. Ronna Sue Cohen owns 42,038 shares or 3.73% of their US portfolio. Moreover, Cincinnati Casualty Co has 3.51% invested in the company for 42,500 shares. The Ohio-based Cincinnati Insurance Co has invested 3.48% in the stock. Chilton Investment Co Llc, a Connecticut-based fund reported 762,823 shares.

Since January 1, 0001, it had 0 buys, and 7 selling transactions for $12.00 million activity.

Hasbro, Inc. (NASDAQ:HAS) Ratings Coverage

Ratings analysis reveals 75% of Hasbro’s analysts are positive. Out of 12 Wall Street analysts rating Hasbro, 9 give it “Buy”, 1 “Sell” rating, while 2 recommend “Hold”. The lowest target is $8000 while the high is $118. The stock’s average target of $108.91 is 10.10% above today’s ($98.92) share price. HAS was included in 18 notes of analysts from April 24, 2018. The stock of Hasbro, Inc. (NASDAQ:HAS) has “Buy” rating given on Tuesday, April 24 by Monness. M Partners upgraded the stock to “Buy” rating in Wednesday, August 15 report. The firm has “Neutral” rating given on Tuesday, July 24 by Monness Crespi & Hardt. Stifel Nicolaus maintained the shares of HAS in report on Friday, October 5 with “Hold” rating. On Tuesday, April 24 the stock rating was maintained by KeyBanc Capital Markets with “Overweight”. The firm has “Hold” rating given on Tuesday, July 10 by Stifel Nicolaus. The company was maintained on Wednesday, August 8 by Citigroup. Barclays Capital maintained it with “Overweight” rating and $117 target in Tuesday, July 24 report. On Tuesday, July 24 the stock rating was maintained by Stifel Nicolaus with “Hold”. KeyBanc Capital Markets maintained Hasbro, Inc. (NASDAQ:HAS) rating on Tuesday, July 24. KeyBanc Capital Markets has “Overweight” rating and $118 target.

More notable recent Hasbro, Inc. (NASDAQ:HAS) news were published by: Theguardian.com which released: “Global markets slide as Donald Trump blasts Fed, but ‘won’t fire’ Powell – business live” on October 11, 2018, also Bizjournals.com with their article: “NASDAQ puts fintech company on notice about listing compliance” published on October 09, 2018, Marketwatch.com published: “US stocks bounce off intraday lows as Nasdaq flirts with positive territory” on October 11, 2018. More interesting news about Hasbro, Inc. (NASDAQ:HAS) were released by: Thestreet.com and their article: “Stock Market Selloff, Tech Rout, Apple and Elon Musk – 5 Things You Must Know” published on October 11, 2018 as well as Seekingalpha.com‘s news article titled: “Trevena shares halted pending outcome of Ad Com meeting” with publication date: October 11, 2018.

Hasbro, Inc. (NASDAQ:HAS) Institutional Positions Chart

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