10,200 Shares in Hasbro, Inc. (NASDAQ:HAS) Acquired by Generali Investments CEE investicni spolecnost a.s.

Generali Investments CEE investicni spolecnost a.s. purchased a new position in shares of Hasbro, Inc. (NASDAQ:HAS - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 10,200 shares of the company's stock, valued at approximately $570,000.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Huntington National Bank grew its holdings in shares of Hasbro by 27.3% in the 3rd quarter. Huntington National Bank now owns 759 shares of the company's stock worth $55,000 after purchasing an additional 163 shares during the last quarter. Glenmede Trust Co. NA grew its stake in Hasbro by 2.2% during the third quarter. Glenmede Trust Co. NA now owns 7,657 shares of the company's stock worth $554,000 after buying an additional 166 shares during the last quarter. Keybank National Association OH raised its stake in shares of Hasbro by 3.5% in the fourth quarter. Keybank National Association OH now owns 5,381 shares of the company's stock valued at $301,000 after acquiring an additional 180 shares during the last quarter. Principal Securities Inc. boosted its holdings in shares of Hasbro by 16.4% in the 4th quarter. Principal Securities Inc. now owns 1,478 shares of the company's stock worth $83,000 after acquiring an additional 208 shares in the last quarter. Finally, Kentucky Retirement Systems Insurance Trust Fund grew its position in Hasbro by 5.4% during the 4th quarter. Kentucky Retirement Systems Insurance Trust Fund now owns 4,090 shares of the company's stock worth $225,000 after acquiring an additional 210 shares during the last quarter. 91.83% of the stock is owned by institutional investors and hedge funds.

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Hasbro Trading Down 1.7 %

Shares of HAS traded down $1.09 on Wednesday, reaching $61.86. 2,113,324 shares of the company's stock were exchanged, compared to its average volume of 1,622,594. The business has a 50 day moving average price of $60.19 and a two-hundred day moving average price of $64.15. Hasbro, Inc. has a 12 month low of $52.47 and a 12 month high of $73.46. The stock has a market capitalization of $8.63 billion, a P/E ratio of 22.49, a price-to-earnings-growth ratio of 0.60 and a beta of 0.51. 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 issued its earnings results on Thursday, February 20th. The company reported $0.46 EPS for the quarter, beating the consensus estimate of $0.36 by $0.10. Hasbro had a net margin of 9.32% and a return on equity of 47.93%. The company had revenue of $1.10 billion during the quarter, compared to analysts' expectations of $1.02 billion. Research analysts anticipate that Hasbro, Inc. will post 4.33 earnings per share for the current year.

Hasbro Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 12th. Investors of record on Monday, March 3rd will be paid a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a yield of 4.53%. The ex-dividend date is Monday, March 3rd. Hasbro's payout ratio is 101.82%.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on HAS shares. Morgan Stanley reiterated 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. Stifel Nicolaus cut their price target on Hasbro from $82.00 to $77.00 and set a "buy" rating for the company in a report on Friday, January 3rd. Roth Mkm increased their price objective on shares of Hasbro from $68.00 to $82.00 and gave the stock a "buy" rating in a report on Friday, February 21st. Finally, DA Davidson upped 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. Two equities 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 company currently has a consensus rating of "Moderate Buy" and a consensus price target of $80.22.

Hasbro Company 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.