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Tectonic Advisors LLC increases its stake in Hasbro, Inc.

Tectonic Advisors LLC increases its stake in Hasbro, Inc.

Tectonic Advisors LLC increased the proportion of shares of Hasbro, Inc. (NASDAQ: HAS) that it owned by 34.7% during the third quarter, as stated in the most recent filing that the company made with the Securities and Exchange Commission.

After making additional purchases during the quarter that totaled $4,654, the fund’s total holdings in the company increased to 18,051, bringing the total value of those holdings to $18,051.

Mhe most recent disclosure that Tectonic Advisors LLC made with the Securities and Exchange Commission indicated that the value of the company’s investment in Hasbro was $1,217,000.

Mectonic Advisors LLC provided this information.

As a direct consequence of recent occurrences, several additional institutional investors have shifted their positions about the company.

During the third quarter, Signaturefd LLC successfully elevated the percentage of Hasbro stock it owned to 17.8%. Signaturefd LLC is the current owner of 2,083 shares of the company’s stock, which have a combined value of $140,000 thanks to purchasing 314 additional shares over the past three months.

Mhese shares were acquired as a result of the company’s growth in market share.

Mhe amount of Hasbro stock held by the state of North Carolina was raised by 1.3% during the third quarter due to action taken by the State Treasurer.

After making an additional purchase of 730 shares during the preceding quarter, the Treasurer of the State of North Carolina now has a total of 58,087 shares of the company’s stock, which is currently valued at $3,916,000.

Mhis brings the total number of shares owned by the Treasurer to 58,087.

During the third quarter, KBC Group NV was able to increase the proportion of Hasbro stock that is owned by 4.8%. KBC Group NV now has 404,034 shares of the company’s stock following the purchase of an additional 18,627 shares during the period in question.

Mhis gives the company’s stock a total value of $27,240,000.

During the third quarter, AXS Investments LLC paid approximately 858 thousand dollars to purchase a new position in Hasbro.

And finally, during the third quarter, Adirondack Retirement Specialists, Inc.

Increased the amount of Hasbro stock owned by 6.0 percentage points.

Adirondack Retirement Specialists Inc. now has 142,985 shares of the company’s stock, which are currently valued at $9,640k after purchasing an additional 8,105 shares of the company’s stock during the period.

Mhis brings the total number of shares owned by the company to 142,985.

Mo the tune of 80.87 percent, the company’s shares are owned by institutional investors and hedge funds.
Several brokerages have provided their most recent thoughts on HAS recently.

In a research report that was made public on Friday, January 13th, MKM Partners lowered their “buy” rating on shares of Hasbro from $90.00 to $80.00 and lowered their price objective on those shares.

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