USS Investment Management Ltd grew its holdings in Hasbro, Inc. (NASDAQ:HAS) by 28.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 252,300 shares of the company’s stock after purchasing an additional 56,300 shares during the quarter. USS Investment Management Ltd owned about 0.20% of Hasbro worth $22,933,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. YorkBridge Wealth Partners LLC raised its position in shares of Hasbro by 2.8% during the 2nd quarter. YorkBridge Wealth Partners LLC now owns 1,164 shares of the company’s stock valued at $129,000 after buying an additional 32 shares during the period. Cypress Capital Group raised its position in shares of Hasbro by 2.5% during the 2nd quarter. Cypress Capital Group now owns 2,230 shares of the company’s stock valued at $249,000 after buying an additional 55 shares during the period. HighTower Advisors LLC raised its position in shares of Hasbro by 0.3% during the 2nd quarter. HighTower Advisors LLC now owns 23,782 shares of the company’s stock valued at $2,640,000 after buying an additional 62 shares during the period. Thrivent Financial For Lutherans raised its position in shares of Hasbro by 3.4% during the 2nd quarter. Thrivent Financial For Lutherans now owns 4,260 shares of the company’s stock valued at $475,000 after buying an additional 140 shares during the period. Finally, Nordea Investment Management AB raised its position in shares of Hasbro by 3.0% during the 2nd quarter. Nordea Investment Management AB now owns 5,008 shares of the company’s stock valued at $558,000 after buying an additional 147 shares during the period. 79.73% of the stock is currently owned by institutional investors and hedge funds.
Hasbro, Inc. (NASDAQ:HAS) traded up $0.04 during trading on Tuesday, reaching $92.45. 1,328,800 shares of the company traded hands, compared to its average volume of 1,356,233. Hasbro, Inc. has a 12-month low of $80.22 and a 12-month high of $116.20. The company has a debt-to-equity ratio of 0.87, a current ratio of 2.53 and a quick ratio of 2.11. The firm has a market cap of $11,410.00, a P/E ratio of 19.71, a PEG ratio of 1.51 and a beta of 0.86.
Hasbro (NASDAQ:HAS) last posted its earnings results on Monday, October 23rd. The company reported $2.09 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.94 by $0.15. Hasbro had a net margin of 11.34% and a return on equity of 31.74%. The firm had revenue of $1.79 billion during the quarter, compared to the consensus estimate of $1.77 billion. During the same quarter last year, the firm earned $2.03 EPS. The firm’s revenue for the quarter was up 6.6% on a year-over-year basis. research analysts predict that Hasbro, Inc. will post 5 earnings per share for the current year.
The business also recently announced a quarterly dividend, which will be paid on Thursday, February 15th. Investors of record on Thursday, February 1st will be issued a $0.57 dividend. The ex-dividend date of this dividend is Wednesday, January 31st. This represents a $2.28 annualized dividend and a yield of 2.47%. Hasbro’s dividend payout ratio (DPR) is presently 48.61%.
HAS has been the topic of several analyst reports. Zacks Investment Research lowered shares of Hasbro from a “hold” rating to a “sell” rating in a research report on Thursday, October 26th. UBS Group set a $104.00 price target on shares of Hasbro and gave the company a “hold” rating in a research report on Monday, November 13th. DA Davidson set a $124.00 price target on shares of Hasbro and gave the company a “buy” rating in a research report on Tuesday, November 14th. KeyCorp reaffirmed a “buy” rating and set a $105.00 price target on shares of Hasbro in a research report on Tuesday, October 24th. Finally, Barclays raised shares of Hasbro from an “equal weight” rating to an “overweight” rating and set a $110.00 price target on the stock in a research report on Tuesday, October 24th. One analyst has rated the stock with a sell rating, ten have given a hold rating and seven have assigned a buy rating to the company’s stock. Hasbro has a consensus rating of “Hold” and a consensus price target of $105.81.
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Hasbro, Inc (Hasbro) is a play and entertainment company. The Company’s operating segments include the U.S. and Canada, International, and Entertainment and Licensing. From toys and games to content development, including television programming, motion pictures, digital gaming and a consumer products licensing program, Hasbro fulfills the fundamental need for play and connection for children and families around the world.
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