Swiss National Bank boosted its holdings in Hasbro, Inc. (NASDAQ:HAS) by 0.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 414,846 shares of the company’s stock after purchasing an additional 800 shares during the quarter. Swiss National Bank owned approximately 0.33% of Hasbro worth $37,705,000 as of its most recent SEC filing.
Other hedge funds have also bought and sold shares of the company. Fox Run Management L.L.C. bought a new position in Hasbro in the 4th quarter worth approximately $528,000. JPMorgan Chase & Co. boosted its position in shares of Hasbro by 6.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 308,707 shares of the company’s stock valued at $29,946,000 after acquiring an additional 17,493 shares during the last quarter. New York State Common Retirement Fund boosted its position in shares of Hasbro by 9.3% during the 3rd quarter. New York State Common Retirement Fund now owns 278,980 shares of the company’s stock valued at $27,248,000 after acquiring an additional 23,820 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Hasbro by 0.8% during the 3rd quarter. Dimensional Fund Advisors LP now owns 440,170 shares of the company’s stock valued at $42,989,000 after acquiring an additional 3,564 shares during the last quarter. Finally, LGT Capital Partners LTD. boosted its position in shares of Hasbro by 11.7% during the 4th quarter. LGT Capital Partners LTD. now owns 70,700 shares of the company’s stock valued at $6,426,000 after acquiring an additional 7,400 shares during the last quarter. Institutional investors and hedge funds own 79.86% of the company’s stock.
A number of research firms have recently commented on HAS. B. Riley began coverage on Hasbro in a research report on Thursday, December 21st. They set a “buy” rating and a $108.00 target price for the company. Zacks Investment Research downgraded Hasbro from a “hold” rating to a “sell” rating in a research report on Wednesday, January 10th. DA Davidson reiterated a “buy” rating and set a $124.00 target price (up from $121.00) on shares of Hasbro in a research report on Tuesday, October 24th. UBS Group set a $104.00 target price on Hasbro and gave the company a “hold” rating in a research report on Monday, November 13th. Finally, BMO Capital Markets increased their target price on Hasbro from $83.00 to $100.00 and gave the company a “market perform” rating in a research report on Thursday, February 8th. Nine investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Hasbro currently has an average rating of “Hold” and a consensus price target of $109.87.
Hasbro (NASDAQ:HAS) last issued its quarterly earnings results on Wednesday, February 7th. The company reported $2.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.82 by $0.48. The company had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.72 billion. Hasbro had a return on equity of 36.36% and a net margin of 7.61%. Hasbro’s revenue was down 1.8% on a year-over-year basis. During the same period last year, the company earned $1.64 earnings per share. analysts anticipate that Hasbro, Inc. will post 5.37 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Tuesday, May 15th. Investors of record on Tuesday, May 1st will be given a $0.63 dividend. The ex-dividend date is Monday, April 30th. This is an increase from Hasbro’s previous quarterly dividend of $0.57. This represents a $2.52 dividend on an annualized basis and a yield of 2.55%. Hasbro’s dividend payout ratio (DPR) is currently 73.08%.
Hasbro Company Profile
Hasbro, Inc (Hasbro) is a play and entertainment company. The Company’s operating segments include the U.S. and Canada, International, and Entertainment and Licensing. From toys and games to content development, including television programming, motion pictures, digital gaming and a consumer products licensing program, Hasbro fulfills the fundamental need for play and connection for children and families around the world.
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