CreativeOne Wealth LLC Takes $942,000 Position in Hasbro, Inc. (NASDAQ:HAS)

CreativeOne Wealth LLC bought a new position in Hasbro, Inc. (NASDAQ:HAS - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 16,855 shares of the company's stock, valued at approximately $942,000.

A number of other institutional investors have also recently bought and sold shares of the stock. Allworth Financial LP boosted its holdings in shares of Hasbro by 120.1% in 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 last quarter. Resona Asset Management Co. Ltd. purchased a new position in shares of Hasbro in the 4th quarter worth $44,000. Wilmington Savings Fund Society FSB acquired a new position in Hasbro in the third quarter valued at $45,000. Principal Securities Inc. grew 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 acquiring an additional 208 shares during the period. Finally, Headlands Technologies LLC acquired a new stake in Hasbro during the fourth quarter worth about $123,000. 91.83% of the stock is currently owned by hedge funds and other institutional investors.

Hasbro Price Performance

HAS stock opened at $52.65 on Friday. The stock's 50 day moving average is $60.02 and its two-hundred day moving average is $61.86. Hasbro, Inc. has a 52-week low of $49.00 and a 52-week high of $73.46. The company has a market capitalization of $7.37 billion, a PE ratio of 19.15, a P/E/G 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 (NASDAQ:HAS - Get Free Report) last posted its quarterly earnings data on Thursday, February 20th. The company reported $0.46 EPS for the quarter, beating analysts' consensus estimates of $0.36 by $0.10. The firm had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.02 billion. Hasbro had a net margin of 9.32% and a return on equity of 47.93%. Analysts predict that Hasbro, Inc. will post 4.33 earnings per share for the current fiscal year.

Hasbro Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 12th. Investors of record on Monday, March 3rd were issued a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 5.32%. The ex-dividend date of this dividend was Monday, March 3rd. Hasbro's dividend payout ratio is currently 101.82%.

Analysts Set New Price Targets

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

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.

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