From MarketBeat: Hasbro, Inc. (NASDAQ:HAS) Shares Acquired by Everence Capital Management Inc.

From MarketBeat:



In the third quarter, Everence Capital Management Inc. increased its position in Hasbro, Inc. by 268.5%, owning 95,550 shares worth $6,320,000. Other hedge funds also made changes to their holdings of Hasbro, with 82.84% of the stock owned by institutional investors and hedge funds. Hasbro’s shares on NASDAQ traded at $51.02 during midday trading on Friday, with a twelve month low of $42.66 and a high of $73.57. The company recently announced a quarterly dividend of $0.70 per share. Analyst ratings for Hasbro are generally positive, with five equities research analysts rating the stock as a hold and eight rating it as a buy, and an average target price of $71.69. The company’s latest earnings report showed $1.64 earnings per share, in line with analyst expectations, with revenue of $1.50 billion, below expectations. Finally, Hasbro operates as a play and entertainment company, and its Consumer Products segment is engaged in the marketing and sale of toy and game products.



Original: Hasbro, Inc. (NASDAQ:HAS) Shares Acquired by Everence Capital Management Inc.