Hasbro, Inc. (NASDAQ:HAS) Shares Acquired by Inceptionr LLC

Inceptionr LLC raised its position in Hasbro, Inc. (NASDAQ:HAS - Free Report) by 466.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,280 shares of the company's stock after acquiring an additional 15,051 shares during the quarter. Inceptionr LLC's holdings in Hasbro were worth $1,022,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the company. US Bancorp DE boosted its holdings in Hasbro by 5.4% in the third quarter. US Bancorp DE now owns 26,157 shares of the company's stock valued at $1,892,000 after purchasing an additional 1,351 shares during the last quarter. Robeco Institutional Asset Management B.V. raised its position in shares of Hasbro by 98.2% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 178,078 shares of the company's stock valued at $12,879,000 after purchasing an additional 88,253 shares in the last quarter. Asset Management One Co. Ltd. boosted its stake in shares of Hasbro by 23.5% during the 3rd quarter. Asset Management One Co. Ltd. now owns 2,618 shares of the company's stock valued at $189,000 after buying an additional 499 shares during the last quarter. Principal Financial Group Inc. grew its position in shares of Hasbro by 3.9% during the third quarter. Principal Financial Group Inc. now owns 153,904 shares of the company's stock worth $11,130,000 after buying an additional 5,771 shares in the last quarter. Finally, Capital Performance Advisors LLP bought a new stake in shares of Hasbro in the third quarter worth $97,000. Hedge funds and other institutional investors own 91.83% of the company's stock.

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Hasbro Stock Performance

HAS stock traded down $0.42 during midday trading on Monday, reaching $63.93. The company had a trading volume of 1,723,269 shares, compared to its average volume of 1,600,946. The company has a quick ratio of 1.29, a current ratio of 1.60 and a debt-to-equity ratio of 2.85. The stock has a 50 day moving average price of $59.89 and a 200 day moving average price of $64.21. The firm has a market capitalization of $8.92 billion, a PE ratio of 23.25, a P/E/G ratio of 0.60 and a beta of 0.51. Hasbro, Inc. has a fifty-two week low of $51.26 and a fifty-two week high of $73.46.

Hasbro (NASDAQ:HAS - Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The company reported $0.46 earnings per share (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 the consensus estimate of $1.02 billion. Analysts anticipate that Hasbro, Inc. will post 4.33 earnings per share for the current year.

Hasbro Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 12th. Investors of record on Monday, March 3rd will be issued a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a yield of 4.38%. The ex-dividend date is Monday, March 3rd. Hasbro's dividend payout ratio (DPR) is 101.82%.

Analyst Upgrades and Downgrades

A number of research analysts have commented on HAS shares. DA Davidson increased their price objective on shares of Hasbro from $73.00 to $75.00 and gave the company a "neutral" rating in a research note on Monday, February 24th. Morgan Stanley reaffirmed 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. Roth Mkm boosted their price objective on Hasbro from $68.00 to $82.00 and gave the company a "buy" rating in a report on Friday, February 21st. Finally, Stifel Nicolaus reduced their target price on Hasbro from $82.00 to $77.00 and set a "buy" rating on the stock in a report on Friday, January 3rd. Two research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average 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.