New York State Common Retirement Fund raised its position in shares of Hasbro, Inc. (NASDAQ:HAS) by 9.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 278,980 shares of the company’s stock after buying an additional 23,820 shares during the period. New York State Common Retirement Fund owned about 0.22% of Hasbro worth $27,248,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of HAS. Benjamin F. Edwards & Company Inc. increased its holdings in shares of Hasbro by 7,100.0% in the third quarter. Benjamin F. Edwards & Company Inc. now owns 1,080 shares of the company’s stock valued at $105,000 after purchasing an additional 1,065 shares in the last quarter. YorkBridge Wealth Partners LLC increased its holdings in shares of Hasbro by 2.8% in the second quarter. YorkBridge Wealth Partners LLC now owns 1,164 shares of the company’s stock valued at $129,000 after purchasing an additional 32 shares in the last quarter. San Francisco Sentry Investment Group CA acquired a new stake in shares of Hasbro in the second quarter valued at approximately $155,000. Highstreet Asset Management Inc. increased its holdings in shares of Hasbro by 105.2% in the third quarter. Highstreet Asset Management Inc. now owns 1,584 shares of the company’s stock valued at $155,000 after purchasing an additional 812 shares in the last quarter. Finally, Paradigm Asset Management Co. LLC acquired a new stake in shares of Hasbro in the second quarter valued at approximately $167,000. 79.83% of the stock is owned by institutional investors.

Hasbro, Inc. (NASDAQ:HAS) opened at $91.36 on Monday. The firm has a market cap of $11,379.44, a price-to-earnings ratio of 19.48, a PEG ratio of 1.83 and a beta of 0.86. Hasbro, Inc. has a 52-week low of $77.20 and a 52-week high of $116.20. The company has a current ratio of 2.53, a quick ratio of 2.11 and a debt-to-equity ratio of 0.87.

Hasbro (NASDAQ:HAS) last announced its quarterly earnings results on Monday, October 23rd. The company reported $2.09 earnings per share for the quarter, topping analysts’ consensus estimates of $1.94 by $0.15. The company had revenue of $1.79 billion for the quarter, compared to analysts’ expectations of $1.77 billion. Hasbro had a net margin of 11.34% and a return on equity of 31.74%. The business’s quarterly revenue was up 6.6% compared to the same quarter last year. During the same period last year, the firm posted $2.03 earnings per share. research analysts anticipate that Hasbro, Inc. will post 5 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, February 15th. Stockholders of record on Thursday, February 1st will be given a dividend of $0.57 per share. The ex-dividend date is Wednesday, January 31st. This represents a $2.28 dividend on an annualized basis and a dividend yield of 2.50%. Hasbro’s dividend payout ratio is 48.72%.

A number of brokerages recently weighed in on HAS. BidaskClub lowered shares of Hasbro from a “hold” rating to a “sell” rating in a report on Wednesday, December 6th. BMO Capital Markets reaffirmed a “hold” rating and issued a $83.00 price objective on shares of Hasbro in a research note on Monday, November 27th. Zacks Investment Research raised shares of Hasbro from a “sell” rating to a “hold” rating in a research note on Tuesday, November 21st. UBS set a $104.00 price objective on shares of Hasbro and gave the company a “hold” rating in a research note on Monday, November 13th. Finally, DA Davidson set a $124.00 price objective on shares of Hasbro and gave the company a “buy” rating in a research note on Tuesday, November 14th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating and six have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $105.99.

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Hasbro 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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Institutional Ownership by Quarter for Hasbro (NASDAQ:HAS)

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