51,931 Shares in Hasbro, Inc. (NASDAQ:HAS) Purchased by Quantbot Technologies LP

Quantbot Technologies LP purchased a new position in Hasbro, Inc. (NASDAQ:HAS) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 51,931 shares of the company’s stock, valued at approximately $2,903,000.

Several other institutional investors also recently added to or reduced their stakes in HAS. Allworth Financial LP increased its position in Hasbro by 120.1% during the 4th quarter. Allworth Financial LP now owns 482 shares of the company’s stock valued at $28,000 after purchasing an additional 263 shares during the period. True Wealth Design LLC purchased a new position in Hasbro during the 3rd quarter valued at about $31,000. Itau Unibanco Holding S.A. purchased a new position in Hasbro during the 3rd quarter valued at about $40,000. Wilmington Savings Fund Society FSB purchased a new position in Hasbro during the 3rd quarter valued at about $45,000. Finally, Principal Securities Inc. increased its position in Hasbro by 16.4% during the 4th quarter. Principal Securities Inc. now owns 1,478 shares of the company’s stock valued at $83,000 after purchasing an additional 208 shares during the period. Hedge funds and other institutional investors own 91.83% of the company’s stock.

Hasbro Stock Up 0.3 %

HAS stock opened at $60.57 on Friday. The firm has a 50 day moving average of $60.76 and a 200 day moving average of $63.75. The stock has a market capitalization of $8.45 billion, a PE ratio of 22.03, a price-to-earnings-growth ratio of 0.60 and a beta of 0.51. The company has a quick ratio of 1.29, a current ratio of 1.60 and a debt-to-equity ratio of 2.85. Hasbro, Inc. has a 52 week low of $54.05 and a 52 week high of $73.46.

Hasbro (NASDAQ:HAS) last released its earnings results on Thursday, February 20th. The company reported $0.46 EPS for the quarter, topping analysts’ consensus estimates of $0.36 by $0.10. The company had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.02 billion. Hasbro had a net margin of 9.32% and a return on equity of 47.93%. Sell-side analysts forecast that Hasbro, Inc. will post 4.33 earnings per share for the current year.

Hasbro Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 12th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a yield of 4.62%. The ex-dividend date of this dividend was Monday, March 3rd. Hasbro’s payout ratio is 101.82%.

Wall Street Analyst Weigh In

A number of research analysts have commented on the stock. DA Davidson raised their target price on shares of Hasbro from $73.00 to $75.00 and gave the company a “neutral” rating in a research report on Monday, February 24th. Stifel Nicolaus lowered their price target on shares of Hasbro from $82.00 to $77.00 and set a “buy” rating on the stock in a report on Friday, January 3rd. Roth Mkm raised their price target on shares of Hasbro from $68.00 to $82.00 and gave the company a “buy” rating in a report on Friday, February 21st. Finally, Morgan Stanley restated an “overweight” rating and issued a $84.00 price target (down from $88.00) on shares of Hasbro in a report on Friday, February 21st. Two investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat, Hasbro currently has an average rating of “Moderate Buy” and an average price target of $80.22.

Hasbro Company Profile

Hasbro, Inc, together with its subsidiaries, operates as a toy and game company in the United States, Europe, Canada, Mexico, Latin America, Australia, China, and Hong Kong. The company operates through Consumer Products; Wizards of the Coast and Digital Gaming; Entertainment; and Corporate and Other segments.