Banco Bilbao Vizcaya Argentaria S.A. Increases Stock Position in Hasbro, Inc. (NASDAQ:HAS)

Banco Bilbao Vizcaya Argentaria S.A. boosted its position in Hasbro, Inc. (NASDAQ:HAS - Free Report) by 15.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 83,314 shares of the company's stock after purchasing an additional 11,214 shares during the period. Banco Bilbao Vizcaya Argentaria S.A. owned 0.06% of Hasbro worth $4,688,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Adage Capital Partners GP L.L.C. grew its stake in shares of Hasbro by 268.9% in the fourth quarter. Adage Capital Partners GP L.L.C. now owns 455,472 shares of the company's stock worth $25,465,000 after purchasing an additional 332,000 shares during the last quarter. Stifel Financial Corp lifted its holdings in Hasbro by 1.2% during the 4th quarter. Stifel Financial Corp now owns 269,912 shares of the company's stock worth $15,091,000 after buying an additional 3,237 shares during the period. TD Waterhouse Canada Inc. grew its position in shares of Hasbro by 182.4% in the 4th quarter. TD Waterhouse Canada Inc. now owns 1,443 shares of the company's stock valued at $81,000 after buying an additional 932 shares during the last quarter. Tower Research Capital LLC TRC grew its position in shares of Hasbro by 4.6% in the 4th quarter. Tower Research Capital LLC TRC now owns 17,287 shares of the company's stock valued at $967,000 after buying an additional 765 shares during the last quarter. Finally, MetLife Investment Management LLC raised its position in shares of Hasbro by 1.1% during the fourth quarter. MetLife Investment Management LLC now owns 40,198 shares of the company's stock worth $2,247,000 after acquiring an additional 456 shares during the last quarter. 91.83% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. DA Davidson raised shares of Hasbro to a "hold" rating in a research report on Monday, April 14th. Monness Crespi & Hardt raised shares of Hasbro to a "strong-buy" rating in a research note on Tuesday, April 22nd. StockNews.com cut shares of Hasbro from a "buy" rating to a "hold" rating in a research report on Tuesday, April 15th. Roth Mkm boosted their price objective on Hasbro from $68.00 to $82.00 and gave the company a "buy" rating in a research note on Friday, February 21st. Finally, Morgan Stanley reaffirmed 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. Two equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Hasbro presently has an average rating of "Moderate Buy" and a consensus price target of $79.89.

Hasbro Stock Up 0.6 %

NASDAQ HAS traded up $0.35 during mid-day trading on Monday, hitting $61.34. The company's stock had a trading volume of 2,345,172 shares, compared to its average volume of 1,669,073. The firm has a market capitalization of $8.58 billion, a price-to-earnings ratio of 22.31, a PEG ratio of 0.60 and a beta of 0.51. The company's 50 day simple moving average is $59.38 and its 200 day simple moving average is $60.92. 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, Inc. has a twelve month low of $49.00 and a twelve month high of $73.46.

Hasbro (NASDAQ:HAS - Get Free Report) last posted 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%. The company had revenue of $887.10 million during the quarter, compared to the consensus estimate of $770.60 million. During the same period in the previous year, the firm posted $0.61 earnings per share. The firm's revenue for the quarter was up 17.1% on a year-over-year basis. Analysts anticipate that Hasbro, Inc. will post 4.33 earnings per share for the current year.

Hasbro Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 4th. Stockholders of record on Wednesday, May 21st will be issued a $0.70 dividend. The ex-dividend date is Wednesday, May 21st. This represents a $2.80 dividend on an annualized basis and a dividend yield of 4.56%. Hasbro's dividend payout ratio is presently 92.41%.

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.