Oregon Public Employees Retirement Fund increased its stake in shares of Hasbro, Inc. (NASDAQ:HAS) by 0.4% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 25,284 shares of the company’s stock after buying an additional 100 shares during the period. Oregon Public Employees Retirement Fund’s holdings in Hasbro were worth $2,819,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Oppenheimer & Co. Inc. boosted its position in Hasbro by 0.6% in the first quarter. Oppenheimer & Co. Inc. now owns 4,973 shares of the company’s stock valued at $496,000 after buying an additional 30 shares in the last quarter. Bollard Group LLC boosted its position in Hasbro by 0.5% in the first quarter. Bollard Group LLC now owns 7,050 shares of the company’s stock valued at $704,000 after buying an additional 36 shares in the last quarter. Genesee Valley Trust Co. boosted its position in Hasbro by 1.2% in the first quarter. Genesee Valley Trust Co. now owns 3,500 shares of the company’s stock valued at $349,000 after buying an additional 43 shares in the last quarter. Coe Capital Management LLC boosted its position in Hasbro by 0.3% in the first quarter. Coe Capital Management LLC now owns 19,100 shares of the company’s stock valued at $1,907,000 after buying an additional 55 shares in the last quarter. Finally, Advantus Capital Management Inc boosted its position in Hasbro by 0.7% in the first quarter. Advantus Capital Management Inc now owns 11,186 shares of the company’s stock valued at $1,117,000 after buying an additional 77 shares in the last quarter. 79.23% of the stock is currently owned by institutional investors.

Shares of Hasbro, Inc. (NASDAQ:HAS) traded down 1.70% during trading on Friday, reaching $95.51. 1,399,735 shares of the company’s stock were exchanged. Hasbro, Inc. has a 52-week low of $76.14 and a 52-week high of $116.20. The stock’s 50 day moving average price is $106.64 and its 200-day moving average price is $101.94. The stock has a market cap of $11.95 billion, a PE ratio of 20.69 and a beta of 0.90.

Hasbro (NASDAQ:HAS) last posted its earnings results on Monday, July 24th. The company reported $0.53 EPS for the quarter, beating analysts’ consensus estimates of $0.46 by $0.07. The firm had revenue of $972.51 million during the quarter, compared to the consensus estimate of $974.19 million. Hasbro had a return on equity of 32.24% and a net margin of 11.44%. The company’s quarterly revenue was up 10.6% compared to the same quarter last year. During the same period in the prior year, the company earned $0.41 EPS. On average, equities research analysts forecast that Hasbro, Inc. will post $5.07 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 15th. Investors of record on Wednesday, November 1st will be issued a dividend of $0.57 per share. The ex-dividend date is Tuesday, October 31st. This represents a $2.28 annualized dividend and a yield of 2.39%. Hasbro’s payout ratio is presently 49.35%.

ILLEGAL ACTIVITY NOTICE: This piece was originally posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this piece on another publication, it was copied illegally and republished in violation of US & international copyright and trademark laws. The legal version of this piece can be read at https://www.thecerbatgem.com/2017/08/19/hasbro-inc-has-shares-bought-by-oregon-public-employees-retirement-fund-updated-updated-updated.html.

A number of equities research analysts recently issued reports on HAS shares. Wells Fargo & Company restated a “market perform” rating on shares of Hasbro in a report on Sunday, April 23rd. Stifel Nicolaus reaffirmed a “hold” rating and set a $100.00 price objective (up previously from $95.00) on shares of Hasbro in a research report on Tuesday, April 25th. Barclays PLC cut their price objective on shares of Hasbro from $109.00 to $95.00 and set an “equal weight” rating for the company in a research report on Wednesday, April 26th. BMO Capital Markets upped their price objective on shares of Hasbro from $86.00 to $95.00 and gave the company a “market perform” rating in a research report on Wednesday, April 26th. Finally, MKM Partners reaffirmed a “neutral” rating and set a $102.00 price objective (up previously from $100.00) on shares of Hasbro in a research report on Wednesday, April 26th. Nine investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $105.69.

In other news, CEO Brian Goldner sold 205,656 shares of the stock in a transaction on Monday, July 31st. The stock was sold at an average price of $105.69, for a total transaction of $21,735,782.64. Following the transaction, the chief executive officer now owns 354,891 shares of the company’s stock, valued at approximately $37,508,429.79. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Wiebe Tinga sold 25,000 shares of the stock in a transaction on Wednesday, August 2nd. The stock was sold at an average price of $104.01, for a total value of $2,600,250.00. Following the transaction, the executive vice president now directly owns 85,630 shares in the company, valued at approximately $8,906,376.30. The disclosure for this sale can be found here. Insiders have sold a total of 967,534 shares of company stock worth $101,560,355 in the last 90 days. 11.00% of the stock is currently owned by insiders.

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.

Institutional Ownership by Quarter for Hasbro (NASDAQ:HAS)

Receive News & Stock Ratings for Hasbro Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hasbro Inc. and related stocks with our FREE daily email newsletter.