Hasbro (HAS) : Albion Financial Group Ut scooped up 860 additional shares in Hasbro during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 21, 2016. The investment management firm now holds a total of 16,976 shares of Hasbro which is valued at $1,484,212.Hasbro makes up approximately 0.24% of Albion Financial Group Ut’s portfolio.
Hasbro closed down -0.47 points or -0.54% at $87.16 with 7,29,498 shares getting traded on Wednesday. Post opening the session at $87.19, the shares hit an intraday low of $87.12 and an intraday high of $87.98 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
Other Hedge Funds, Including , Strs Ohio sold out all of its stake in HAS during the most recent quarter. The investment firm sold 6,195 shares of HAS which is valued $541,629.Blb&b Advisors reduced its stake in HAS by selling 210 shares or 6.74% in the most recent quarter. The Hedge Fund company now holds 2,904 shares of HAS which is valued at $253,897. Hasbro makes up approx 0.05% of Blb&b Advisors’s portfolio.Daiwa Sb Investments Ltd. reduced its stake in HAS by selling 3,682 shares or 16.66% in the most recent quarter. The Hedge Fund company now holds 18,420 shares of HAS which is valued at $1,517,992. Hasbro makes up approx 0.38% of Daiwa Sb Investments Ltd.’s portfolio.Chicago Trust Co Na reduced its stake in HAS by selling 325 shares or 9.49% in the most recent quarter. The Hedge Fund company now holds 3,098 shares of HAS which is valued at $246,136. Hasbro makes up approx 0.11% of Chicago Trust Co Na’s portfolio.
On the company’s financial health, Hasbro reported $0.38 EPS for the quarter, beating the analyst consensus estimate by $ 0.14 according to the earnings call on Apr 18, 2016. Analyst had a consensus of $0.24. The company had revenue of $831.20 million for the quarter, compared to analysts expectations of $779.23 million. The company’s revenue was up 16.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.21 EPS.
Many Wall Street Analysts have commented on Hasbro. Company shares were Reiterated by Monness Crespi & Hardt on Apr 19, 2016 to “Buy”, Firm has raised the Price Target to $ 93 from a previous price target of $84 .JP Morgan Initiated Hasbro on Apr 7, 2016 to “Neutral”, Price Target of the shares are set at $81.Company shares were Reiterated by Piper Jaffray on Mar 31, 2016 to “Overweight”, Firm has raised the Price Target to $ 84 from a previous price target of $83 .
Hasbro Inc. (Hasbro) through its wholly owned Hasbro Studios LLC (Hasbro Studios) creates entertainment brand storytelling across mediums including television film and among others. Its brand blueprint involves re-imagining re-inventing and re-igniting its owned and controlled brands and imagining inventing and igniting new brands through toy and game innovation immersive entertainment offerings including television programming and motion pictures and a range of products ranging from traditional to digital. The Company markets its brands under product categories which include boys games girls and preschool toys. The Companys business operations include United States Canada International Entertainment and Licensing. Its global operations include arranging product manufacturing and sourcing for the United States and Canada and International operations. Its brands include LITTLEST PET SHOP MONOPOLY MY LITTLE PONY NERF PLAY-DOH and TRANSFORMERS.