18,067 Shares in Hasbro, Inc. (NASDAQ:HAS) Purchased by Skandinaviska Enskilda Banken AB publ

Skandinaviska Enskilda Banken AB publ bought a new position in shares of Hasbro, Inc. (NASDAQ:HAS - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 18,067 shares of the company's stock, valued at approximately $1,006,000.

Several other large investors have also recently modified their holdings of HAS. Charles Schwab Investment Management Inc. lifted its holdings in shares of Hasbro by 0.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,184,036 shares of the company's stock worth $85,629,000 after buying an additional 8,270 shares in the last quarter. American Trust bought a new stake in Hasbro during the 3rd quarter worth approximately $634,000. Quest Partners LLC boosted its holdings in Hasbro by 972.6% in the 3rd quarter. Quest Partners LLC now owns 29,045 shares of the company's stock valued at $2,101,000 after purchasing an additional 26,337 shares during the period. Larson Financial Group LLC grew its position in shares of Hasbro by 33.9% during the 3rd quarter. Larson Financial Group LLC now owns 3,159 shares of the company's stock valued at $228,000 after purchasing an additional 799 shares in the last quarter. Finally, Jones Financial Companies Lllp increased its holdings in shares of Hasbro by 32.4% in the fourth quarter. Jones Financial Companies Lllp now owns 9,911 shares of the company's stock worth $554,000 after purchasing an additional 2,426 shares during the period. Hedge funds and other institutional investors own 91.83% of the company's stock.

Hasbro Trading Up 0.3 %

Hasbro stock traded up $0.19 during trading hours on Friday, reaching $60.57. The stock had a trading volume of 5,505,435 shares, compared to its average volume of 1,572,334. The stock has a market cap of $8.45 billion, a PE ratio of 22.03, a PEG ratio of 0.60 and a beta of 0.51. The company has a fifty day simple moving average of $60.69 and a 200-day simple moving average of $63.83. The company has a debt-to-equity ratio of 2.85, a current ratio of 1.60 and a quick ratio of 1.29. Hasbro, Inc. has a 52 week low of $54.05 and a 52 week high of $73.46.

Remove Ads

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 analysts' consensus estimates of $0.36 by $0.10. Hasbro had a return on equity of 47.93% and a net margin of 9.32%. The company had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.02 billion. 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. Shareholders of record on Monday, March 3rd were issued a dividend of $0.70 per share. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $2.80 dividend on an annualized basis and a dividend yield of 4.62%. Hasbro's dividend payout ratio (DPR) is 101.82%.

Wall Street Analyst Weigh In

HAS has been the subject of several recent analyst reports. Morgan Stanley restated an "overweight" rating and set a $84.00 target price (down from $88.00) on shares of Hasbro in a research report on Friday, February 21st. DA Davidson boosted their price objective on Hasbro from $73.00 to $75.00 and gave the stock a "neutral" rating in a report on Monday, February 24th. Stifel Nicolaus lowered their target price on shares of Hasbro from $82.00 to $77.00 and set a "buy" rating on the stock in a research note on Friday, January 3rd. Finally, Roth Mkm boosted their price target on shares of Hasbro from $68.00 to $82.00 and gave the stock a "buy" rating in a research note 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's stock. Based on data from MarketBeat.com, Hasbro presently has a consensus rating of "Moderate Buy" and an average target price 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.