As Hasbro (HAS) Share Price Declined, American Beacon Advisors Boosted Holding; Shire Plc (SHPG) Stock Value Rose While Accipiter Capital Management Has Boosted by $4.47 Million Its Stake

June 20, 2018 - By Nellie Frank

Shire plc (NASDAQ:SHPG) Logo

Gabe Hoffman increased its stake in Shire Plc (SHPG) by 59.76% based on its latest 2018Q1 regulatory filing with the SEC. Accipiter Capital Management Llc bought 30,027 shares as the company’s stock rose 30.80% while stock markets declined. The hedge fund run by Gabe Hoffman held 80,270 shares of the major pharmaceuticals company at the end of 2018Q1, valued at $11.99 million, up from 50,243 at the end of the previous reported quarter. Accipiter Capital Management Llc who had been investing in Shire Plc for a number of months, seems to be bullish on the $48.44 billion market cap company. The stock increased 1.52% or $2.39 during the last trading session, reaching $159.37. About 508,280 shares traded. Shire plc (NASDAQ:SHPG) has declined 10.60% since June 20, 2017 and is downtrending. It has underperformed by 23.17% the S&P500. Some Historical SHPG News: 20/04/2018 – Shire: Based on Takeda’s Market Value, Shire Hldrs Would Own 49% of Takeda; 24/04/2018 – BREAKING: Takeda reaches preliminary deal to buy Shire for close to $65B $SHPG; 07/05/2018 – Takeda closes in on $62bn deal for Shire; 28/03/2018 – TAKEDA PHARMACEUTICAL – TAKEDA MUST, BY NO LATER THAN 5.00 P.M. ON 25 APRIL 2018, EITHER ANNOUNCE A FIRM INTENTION TO MAKE AN OFFER OR NOT; 20/04/2018 – TAKEDA PHARMACEUTICAL CO LTD 4502.T CONSIDERING RAISING BID FOR SHIRE PLC SHP.L TO 47 POUNDS PER SHARE OR MORE; 09/05/2018 – Moody’s downgrades Takeda Pharmaceutical to A2; places ratings on review for further downgrade; 05/03/2018 – SHIRE PLC – FDA HAS ACCEPTED SUBMISSION OF A NEW DRUG APPLICATION FOR PRUCALOPRIDE; 08/05/2018 – Takeda’s Shire Takeover Seen Facing EU Scrutiny of Drug Research; 24/04/2018 – Shire, Takeda reach breakthrough in $64 bln deal talks; 24/04/2018 – SHIRE INDICATED TO TAKEDA WILLING TO RECOMMEND PROPOSAL

American Beacon Advisors Inc increased its stake in Hasbro Inc (HAS) by 4.74% based on its latest 2018Q1 regulatory filing with the SEC. American Beacon Advisors Inc bought 60 shares as the company’s stock declined 11.04% with the market. The institutional investor held 1,325 shares of the consumer non-durables company at the end of 2018Q1, valued at $111.70M, up from 1,265 at the end of the previous reported quarter. American Beacon Advisors Inc who had been investing in Hasbro Inc for a number of months, seems to be bullish on the $11.40B market cap company. The stock increased 1.36% or $1.22 during the last trading session, reaching $91.22. About 390,072 shares traded. Hasbro, Inc. (NASDAQ:HAS) has declined 15.87% since June 20, 2017 and is downtrending. It has underperformed by 28.44% the S&P500. Some Historical HAS News: 08/05/2018 – Mattel (MAT), Hasbro (HAS) Active on Renewed Chatter; 23/05/2018 – AGELESS INNOVATION BUYS HASBRO’S JOY FOR ALL BRAND; NO TERMS; 07/03/2018 – UnitedHealthcare Donates Hasbro’s NERF ENERGY Game Kits to Boys & Girls Clubs of Tucson; 23/04/2018 – Hasbro 1Q Rev $716.3M; 23/04/2018 – HASBRO: TOYS R US LIQUIDIATION IN U.S. TO END DURING 2Q; 08/05/2018 – Hasbro (HAS) Active on Renewed Chatter; 23/04/2018 – HASBRO: SEES NO NEGATIVE IMPACT FROM FORTNITE VIDEO GAME; 17/04/2018 – Hasbro Named One of America’s Most Reputable Companies; 23/04/2018 – HASBRO 1Q EMERGING BRANDS REV. -6%; 24/04/2018 – HASBRO INC HAS.O : MKM PARTNERS CUTS FAIR VALUE TO $92 FROM $96

Since February 20, 2018, it had 0 insider purchases, and 12 sales for $42.72 million activity. Thomas Deborah sold $578,009 worth of Hasbro, Inc. (NASDAQ:HAS) on Friday, February 23. $1.45 million worth of Hasbro, Inc. (NASDAQ:HAS) shares were sold by Billing Duncan. $29.88 million worth of Hasbro, Inc. (NASDAQ:HAS) was sold by GOLDNER BRIAN on Thursday, February 22. Another trade for 47,024 shares valued at $4.62 million was made by Frascotti John on Friday, February 23. Courtney Thomas J Jr. sold $866,321 worth of stock. $2.00M worth of Hasbro, Inc. (NASDAQ:HAS) was sold by Finigan Barbara.

American Beacon Advisors Inc, which manages about $52.95 billion and $9.43B US Long portfolio, decreased its stake in Centene Corp (NYSE:CNC) by 100 shares to 1,272 shares, valued at $135.94M in 2018Q1, according to the filing. It also reduced its holding in Cardinal Health Inc (NYSE:CAH) by 55 shares in the quarter, leaving it with 1,150 shares, and cut its stake in Mastercard Inc A (NYSE:MA).

More notable recent Hasbro, Inc. (NASDAQ:HAS) news were published by: Nasdaq.com which released: “Nasdaq Remains Firmly Positive But Dow Turns Negative – US Commentary” on June 14, 2018, also Reuters.com with their article: “Tech rally helps Wall Street push higher, Nasdaq has record close” published on June 04, 2018, Seekingalpha.com published: “Solid Biosciences halted pending news” on June 18, 2018. More interesting news about Hasbro, Inc. (NASDAQ:HAS) were released by: Nasdaq.com and their article: “Latecomer Sanofi looks to catch next wave of cancer therapies” published on June 20, 2018 as well as Nasdaq.com‘s news article titled: “Tech rally helps Wall St push higher, Nasdaq has record close” with publication date: June 04, 2018.

Investors sentiment decreased to 0.86 in Q1 2018. Its down 0.16, from 1.02 in 2017Q4. It worsened, as 57 investors sold HAS shares while 202 reduced holdings. 74 funds opened positions while 148 raised stakes. 96.41 million shares or 0.76% less from 97.15 million shares in 2017Q4 were reported. Jackson Wealth Mngmt Ltd Liability holds 0.42% of its portfolio in Hasbro, Inc. (NASDAQ:HAS) for 17,697 shares. Natixis Advsrs LP reported 32,260 shares. Dekabank Deutsche Girozentrale reported 16,028 shares stake. Benjamin F Edwards Inc reported 1,617 shares. Exane Derivatives reported 0% in Hasbro, Inc. (NASDAQ:HAS). Endurance Wealth Incorporated owns 0.78% invested in Hasbro, Inc. (NASDAQ:HAS) for 55,413 shares. Piedmont Inv Advisors Ltd Limited Liability Company invested in 0.01% or 3,904 shares. Envestnet Asset Mngmt invested in 32,390 shares. Rafferty Asset Mngmt Ltd stated it has 0.02% of its portfolio in Hasbro, Inc. (NASDAQ:HAS). M&T Bancorporation owns 29,542 shares. Fifth Third National Bank invested in 0% or 4,213 shares. Edgewood Limited Liability stated it has 0% in Hasbro, Inc. (NASDAQ:HAS). Zebra Capital Ltd Liability Com accumulated 0.33% or 10,809 shares. Cranbrook Wealth Ltd holds 0.01% or 150 shares in its portfolio. California Employees Retirement Systems has 0.03% invested in Hasbro, Inc. (NASDAQ:HAS) for 261,731 shares.

Among 23 analysts covering Hasbro Inc. (NASDAQ:HAS), 10 have Buy rating, 0 Sell and 13 Hold. Therefore 43% are positive. Hasbro Inc. had 79 analyst reports since July 21, 2015 according to SRatingsIntel. Barclays Capital maintained the stock with “Equalweight” rating in Tuesday, July 19 report. The firm has “Buy” rating given on Monday, June 6 by Citigroup. The stock of Hasbro, Inc. (NASDAQ:HAS) earned “Market Perform” rating by BMO Capital Markets on Thursday, March 8. The stock has “Market Perform” rating by BMO Capital Markets on Tuesday, March 20. As per Tuesday, July 21, the company rating was downgraded by Piper Jaffray. The rating was maintained by BMO Capital Markets with “Market Perform” on Wednesday, September 30. The firm earned “Buy” rating on Thursday, March 15 by Jefferies. The stock of Hasbro, Inc. (NASDAQ:HAS) earned “Market Perform” rating by BMO Capital Markets on Thursday, February 8. The stock of Hasbro, Inc. (NASDAQ:HAS) earned “Overweight” rating by KeyBanc Capital Markets on Thursday, February 8. PiperJaffray upgraded Hasbro, Inc. (NASDAQ:HAS) on Tuesday, July 19 to “Overweight” rating.

Accipiter Capital Management Llc, which manages about $316.20 million and $47.37M US Long portfolio, decreased its stake in Teva Pharm Adr (NYSE:TEVA) by 276,493 shares to 147,571 shares, valued at $2.52 million in 2018Q1, according to the filing.

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

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By1 Nellie Frank

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