XTX Topco Ltd Makes New Investment in Hasbro, Inc. (NASDAQ:HAS)

XTX Topco Ltd purchased a new position in Hasbro, Inc. (NASDAQ:HAS - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 11,656 shares of the company's stock, valued at approximately $652,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Keybank National Association OH grew its position in Hasbro by 3.5% in the fourth quarter. Keybank National Association OH now owns 5,381 shares of the company's stock worth $301,000 after acquiring an additional 180 shares in the last quarter. Blair William & Co. IL increased its stake in shares of Hasbro by 1.0% during the fourth quarter. Blair William & Co. IL now owns 19,335 shares of the company's stock valued at $1,081,000 after buying an additional 192 shares during the period. Principal Securities Inc. boosted its position in Hasbro by 16.4% during the fourth quarter. Principal Securities Inc. now owns 1,478 shares of the company's stock valued at $83,000 after purchasing an additional 208 shares in the last quarter. Kentucky Retirement Systems Insurance Trust Fund boosted its position in Hasbro by 5.4% during the fourth quarter. Kentucky Retirement Systems Insurance Trust Fund now owns 4,090 shares of the company's stock valued at $225,000 after purchasing an additional 210 shares in the last quarter. Finally, Morningstar Investment Management LLC boosted its position in Hasbro by 5.9% during the fourth quarter. Morningstar Investment Management LLC now owns 4,650 shares of the company's stock valued at $260,000 after purchasing an additional 258 shares in the last quarter. 91.83% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

HAS has been the subject of several recent analyst reports. Roth Mkm raised their price target on Hasbro from $68.00 to $82.00 and gave the stock a "buy" rating in a report on Friday, February 21st. DA Davidson upgraded Hasbro to a "hold" rating in a research note on Monday, April 14th. Morgan Stanley reissued an "overweight" rating and set a $84.00 target price (down previously from $88.00) on shares of Hasbro in a research note on Friday, February 21st. Stifel Nicolaus reduced their price objective on Hasbro from $82.00 to $77.00 and set a "buy" rating for the company in a research note on Friday, January 3rd. Finally, StockNews.com downgraded shares of Hasbro from a "buy" rating to a "hold" rating in a research note on Tuesday, April 15th. Two research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $80.22.

Hasbro Stock Performance

HAS stock traded up $8.54 during trading on Thursday, reaching $61.23. 3,241,948 shares of the company's stock were exchanged, compared to its average volume of 1,672,944. 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 1-year low of $49.00 and a 1-year high of $73.46. The company's fifty day moving average price is $59.39 and its 200-day moving average price is $61.31. The firm has a market cap of $8.57 billion, a PE ratio of 22.26, a P/E/G ratio of 0.60 and a beta of 0.51.

Hasbro (NASDAQ:HAS - Get Free Report) last announced its earnings results on Thursday, April 24th. The company reported $1.04 EPS for the quarter, topping the consensus estimate of $0.67 by $0.37. Hasbro had a net margin of 9.32% and a return on equity of 47.93%. During the same period in the previous year, the business earned $0.61 earnings per share. On average, research analysts expect that Hasbro, Inc. will post 4.33 EPS for the current fiscal year.

Hasbro Dividend Announcement

The firm also recently declared 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. The ex-dividend date was Monday, March 3rd. This represents a $2.80 dividend on an annualized basis and a yield of 4.57%. Hasbro's dividend payout ratio is currently 101.82%.

About Hasbro

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.