Fox Run Management L.L.C. Purchases 27,249 Shares of Hasbro, Inc. (NASDAQ:HAS)

Fox Run Management L.L.C. grew its stake in Hasbro, Inc. (NASDAQ:HAS - Free Report) by 523.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 32,457 shares of the company's stock after purchasing an additional 27,249 shares during the period. Hasbro comprises about 0.3% of Fox Run Management L.L.C.'s investment portfolio, making the stock its 25th biggest position. Fox Run Management L.L.C.'s holdings in Hasbro were worth $1,815,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in HAS. KLP Kapitalforvaltning AS bought a new stake in Hasbro in the 4th quarter valued at $1,504,000. AXQ Capital LP acquired a new position in Hasbro in the fourth quarter worth about $708,000. Sei Investments Co. lifted its stake in Hasbro by 2.3% during the fourth quarter. Sei Investments Co. now owns 76,641 shares of the company's stock worth $4,285,000 after purchasing an additional 1,718 shares during the period. Virtu Financial LLC boosted its holdings in Hasbro by 100.2% during the fourth quarter. Virtu Financial LLC now owns 13,869 shares of the company's stock valued at $775,000 after purchasing an additional 6,941 shares in the last quarter. Finally, Quantbot Technologies LP bought a new stake in shares of Hasbro in the 4th quarter valued at approximately $2,903,000. 91.83% of the stock is currently owned by institutional investors.

Hasbro Stock Up 0.7 %

NASDAQ HAS traded up $0.45 during trading hours on Wednesday, reaching $61.49. 1,309,837 shares of the company's stock were exchanged, compared to its average volume of 1,563,755. The company has a debt-to-equity ratio of 2.85, a quick ratio of 1.29 and a current ratio of 1.60. The company has a market capitalization of $8.58 billion, a price-to-earnings ratio of 22.36, a price-to-earnings-growth ratio of 0.60 and a beta of 0.51. The company's 50-day moving average is $60.93 and its two-hundred day moving average is $63.64. Hasbro, Inc. has a one year low of $54.26 and a one year high of $73.46.

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Hasbro (NASDAQ:HAS - Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The company reported $0.46 EPS for the quarter, topping analysts' consensus estimates of $0.36 by $0.10. The business had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.02 billion. Hasbro had a net margin of 9.32% and a return on equity of 47.93%. On average, analysts forecast that Hasbro, Inc. will post 4.33 EPS for the current fiscal year.

Hasbro Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 12th. Investors of record on Monday, March 3rd were given a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a yield of 4.55%. The ex-dividend date of this dividend was Monday, March 3rd. Hasbro's dividend payout ratio is presently 101.82%.

Analyst Ratings Changes

A number of research analysts have issued reports on HAS shares. DA Davidson lifted their price objective on Hasbro from $73.00 to $75.00 and gave the company a "neutral" rating in a report on Monday, February 24th. Morgan Stanley reiterated an "overweight" rating and set a $84.00 price target (down previously from $88.00) on shares of Hasbro in a research report on Friday, February 21st. StockNews.com raised shares of Hasbro from a "hold" rating to a "buy" rating in a research note on Tuesday. Roth Mkm boosted their price objective on shares of Hasbro from $68.00 to $82.00 and gave the stock a "buy" rating in a research report on Friday, February 21st. Finally, Stifel Nicolaus dropped their target price on Hasbro from $82.00 to $77.00 and set a "buy" rating for the company in a research report on Friday, January 3rd. One research analyst has rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $80.22.

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.