As Hasbro INC (HAS) Stock Rose, Bank Of America Corp Trimmed by $104.02 Million Its Stake

February 15, 2018 - By Marie Mckinney

Investors sentiment decreased to 1.1 in 2017 Q3. Its down 0.12, from 1.22 in 2017Q2. It fall, as 57 investors sold HAS shares while 164 reduced holdings. 65 funds opened positions while 178 raised stakes. 97.25 million shares or 1.67% more from 95.65 million shares in 2017Q2 were reported. Hm Payson And reported 0.5% of its portfolio in Hasbro, Inc. (NASDAQ:HAS). Hirtle Callaghan And Communications Lc stated it has 184 shares. Capital Planning Ltd Com has 0.2% invested in Hasbro, Inc. (NASDAQ:HAS) for 5,183 shares. Asset One Limited holds 0.05% or 238,145 shares. Tarbox Family Office holds 0% or 12 shares in its portfolio. Teachers Retirement Systems Of The State Of Kentucky has 0.02% invested in Hasbro, Inc. (NASDAQ:HAS). Orrstown Financial reported 38 shares. Nikko Asset Management Americas reported 1,200 shares or 0.01% of all its holdings. Sandy Spring National Bank holds 0% or 100 shares in its portfolio. Visionary Asset Mgmt Incorporated has invested 0.11% in Hasbro, Inc. (NASDAQ:HAS). Fort Washington Investment Advsr Oh, a Ohio-based fund reported 16,105 shares. New England Private Wealth Limited Com reported 0.07% of its portfolio in Hasbro, Inc. (NASDAQ:HAS). Aqr Capital Ltd has 161,718 shares for 0.02% of their portfolio. Public Employees Retirement System Of Ohio owns 91,394 shares for 0.05% of their portfolio. Gulf Bank (Uk) holds 0.04% or 33,959 shares.

Since August 16, 2017, it had 0 insider purchases, and 8 insider sales for $43.58 million activity. On Tuesday, August 29 Tinga Wiebe sold $2.37 million worth of Hasbro, Inc. (NASDAQ:HAS) or 25,009 shares. On Monday, August 28 the insider Davis Stephen J sold $88,981. Frascotti John also sold $2.43 million worth of Hasbro, Inc. (NASDAQ:HAS) on Tuesday, August 22.

Bank Of America Corp decreased its stake in Hasbro Inc (HAS) by 19.67% based on its latest 2017Q3 regulatory filing with the SEC. Bank Of America Corp sold 1.07 million shares as the company’s stock rose 2.59% with the market. The institutional investor held 4.38 million shares of the consumer non-durables company at the end of 2017Q3, valued at $427.68 million, down from 5.45 million at the end of the previous reported quarter. Bank Of America Corp who had been investing in Hasbro Inc for a number of months, seems to be less bullish one the $12.17 billion market cap company. The stock increased 1.07% or $1.03 during the last trading session, reaching $97.74. About 695,499 shares traded. Hasbro, Inc. (NASDAQ:HAS) has risen 19.06% since February 15, 2017 and is uptrending. It has outperformed by 2.36% the S&P500.

Bank Of America Corp, which manages about $629.64 billion US Long portfolio, upped its stake in Rice Energy Inc (NYSE:RICE) by 1.48M shares to 4.06M shares, valued at $117.42M in 2017Q3, according to the filing. It also increased its holding in Allete Inc (NYSE:ALE) by 91,273 shares in the quarter, for a total of 366,312 shares, and has risen its stake in Ishares Tr (Put) (IWM).

More notable recent Hasbro, Inc. (NASDAQ:HAS) news were published by: Nasdaq.com which released: “Hasbro, Inc. (HAS) Ex-Dividend Date Scheduled for January 31, 2018” on January 30, 2018, also Seekingalpha.com with their article: “Hasbro fireworks expected tomorrow morning” published on February 06, 2018, Seekingalpha.com published: “Hasbro And Mattel: Plenty To Deliver In 2018” on January 22, 2018. More interesting news about Hasbro, Inc. (NASDAQ:HAS) were released by: Seekingalpha.com and their article: “Kingsmen Creatives: Buying Opportunity Ahead Of The Hasbro Boost” published on February 15, 2018 as well as Reuters.com‘s news article titled: “Hasbro profit beats, Marvel lineup to power 2018” with publication date: February 07, 2018.

Hasbro, Inc. (NASDAQ:HAS) Ratings Coverage

Among 20 analysts covering Hasbro Inc. (NASDAQ:HAS), 9 have Buy rating, 0 Sell and 11 Hold. Therefore 45% are positive. Hasbro Inc. had 61 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Equal-Weight” rating on Tuesday, February 9 by Barclays Capital. The stock of Hasbro, Inc. (NASDAQ:HAS) has “Neutral” rating given on Thursday, September 17 by Goldman Sachs. The firm earned “Market Perform” rating on Tuesday, October 24 by BMO Capital Markets. The stock of Hasbro, Inc. (NASDAQ:HAS) earned “Neutral” rating by JP Morgan on Tuesday, April 19. Stifel Nicolaus maintained Hasbro, Inc. (NASDAQ:HAS) on Monday, July 10 with “Hold” rating. The firm earned “Perform” rating on Thursday, August 20 by Oppenheimer. Monness Crespi & Hardt downgraded Hasbro, Inc. (NASDAQ:HAS) on Thursday, January 26 to “Neutral” rating. BMO Capital Markets maintained the stock with “Hold” rating in Monday, November 27 report. The firm has “Buy” rating by Jefferies given on Monday, August 21. The rating was downgraded by Piper Jaffray to “Neutral” on Tuesday, July 21.

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