9,658 Shares in Hasbro, Inc. (NASDAQ:HAS) Purchased by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd bought a new position in shares of Hasbro, Inc. (NASDAQ:HAS - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 9,658 shares of the company's stock, valued at approximately $540,000.

Other large investors have also recently bought and sold shares of the company. Pacer Advisors Inc. grew its holdings in shares of Hasbro by 28,552.6% during the 4th quarter. Pacer Advisors Inc. now owns 2,789,613 shares of the company's stock worth $155,967,000 after purchasing an additional 2,779,877 shares in the last quarter. Norges Bank acquired a new stake in Hasbro during the fourth quarter worth $96,359,000. Bank of New York Mellon Corp increased its holdings in Hasbro by 40.2% in the 4th quarter. Bank of New York Mellon Corp now owns 1,485,744 shares of the company's stock valued at $83,068,000 after buying an additional 426,130 shares during the period. Amundi raised its stake in shares of Hasbro by 106.7% in the 4th quarter. Amundi now owns 819,961 shares of the company's stock valued at $46,827,000 after buying an additional 423,249 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new position in shares of Hasbro during the 4th quarter worth about $23,623,000. 91.83% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on HAS. Stifel Nicolaus lowered their target price on shares of Hasbro from $82.00 to $77.00 and set a "buy" rating on the stock in a research note on Friday, January 3rd. Roth Mkm raised their target price on Hasbro from $68.00 to $82.00 and gave the stock a "buy" rating in a research report on Friday, February 21st. StockNews.com upgraded Hasbro from a "hold" rating to a "buy" rating in a research report on Tuesday, March 25th. Morgan Stanley restated an "overweight" rating and issued a $84.00 target price (down previously from $88.00) on shares of Hasbro in a research note on Friday, February 21st. Finally, DA Davidson increased their target price on shares of Hasbro from $73.00 to $75.00 and gave the stock a "neutral" rating in a research report on Monday, February 24th. One analyst has rated the stock with a hold rating and nine have given a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $80.22.

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Hasbro Price Performance

Shares of Hasbro stock traded up $1.04 during midday trading on Friday, reaching $52.04. The company had a trading volume of 1,826,030 shares, compared to its average volume of 1,653,257. The stock has a fifty day simple moving average of $60.56 and a 200 day simple moving average of $62.27. The company has a market capitalization of $7.28 billion, a price-to-earnings ratio of 18.92, a price-to-earnings-growth ratio of 0.60 and a beta of 0.51. Hasbro, Inc. has a 1-year low of $49.00 and a 1-year high of $73.46. The company has a current ratio of 1.60, a quick ratio of 1.29 and a debt-to-equity ratio of 2.85.

Hasbro (NASDAQ:HAS - Get Free Report) last announced its quarterly earnings data on Thursday, February 20th. The company reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.36 by $0.10. Hasbro had a return on equity of 47.93% and a net margin of 9.32%. The firm had revenue of $1.10 billion during the quarter, compared to analysts' expectations of $1.02 billion. As a group, equities research analysts forecast that Hasbro, Inc. will post 4.33 earnings per share for the current year.

Hasbro Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 12th. Stockholders of record on Monday, March 3rd were given 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 dividend yield of 5.38%. Hasbro's dividend payout ratio is 101.82%.

Hasbro 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.