Bokf Na boosted its position in shares of Hasbro, Inc. (NASDAQ:HAS) by 20.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 35,970 shares of the company’s stock after purchasing an additional 6,196 shares during the period. Bokf Na’s holdings in Hasbro were worth $2,923,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in HAS. Capital Research Global Investors boosted its stake in shares of Hasbro by 31.6% during the 3rd quarter. Capital Research Global Investors now owns 13,966,033 shares of the company’s stock worth $1,468,109,000 after buying an additional 3,356,518 shares during the last quarter. Vanguard Group Inc lifted its stake in Hasbro by 2.9% in the 3rd quarter. Vanguard Group Inc now owns 13,173,757 shares of the company’s stock valued at $1,384,826,000 after purchasing an additional 368,897 shares during the last quarter. BlackRock Inc. lifted its stake in Hasbro by 4.5% in the 4th quarter. BlackRock Inc. now owns 8,343,804 shares of the company’s stock valued at $677,935,000 after purchasing an additional 356,569 shares during the last quarter. Jackson Square Partners LLC lifted its stake in Hasbro by 203.6% in the 3rd quarter. Jackson Square Partners LLC now owns 4,030,245 shares of the company’s stock valued at $423,659,000 after purchasing an additional 2,702,931 shares during the last quarter. Finally, Victory Capital Management Inc. lifted its stake in Hasbro by 21.2% in the 4th quarter. Victory Capital Management Inc. now owns 3,413,315 shares of the company’s stock valued at $277,331,000 after purchasing an additional 597,909 shares during the last quarter. Hedge funds and other institutional investors own 88.67% of the company’s stock.

Shares of HAS stock opened at $86.51 on Friday. The company has a debt-to-equity ratio of 0.97, a current ratio of 2.42 and a quick ratio of 2.07. The company has a market cap of $10.90 billion, a price-to-earnings ratio of 22.47, a P/E/G ratio of 1.68 and a beta of 0.91. Hasbro, Inc. has a 12-month low of $76.84 and a 12-month high of $109.60.

Hasbro (NASDAQ:HAS) last issued its quarterly earnings data on Friday, February 8th. The company reported $1.33 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.68 by ($0.35). The company had revenue of $1.39 billion for the quarter, compared to analyst estimates of $1.53 billion. Hasbro had a return on equity of 28.01% and a net margin of 4.81%. The company’s revenue was down 13.0% on a year-over-year basis. During the same quarter last year, the business earned $2.30 earnings per share. On average, sell-side analysts anticipate that Hasbro, Inc. will post 4.41 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 15th. Shareholders of record on Wednesday, May 1st will be given a dividend of $0.68 per share. The ex-dividend date of this dividend is Tuesday, April 30th. This is an increase from Hasbro’s previous quarterly dividend of $0.63. This represents a $2.72 annualized dividend and a yield of 3.14%. Hasbro’s dividend payout ratio (DPR) is 65.45%.

Several equities research analysts recently issued reports on the stock. ValuEngine downgraded shares of Hasbro from a “buy” rating to a “hold” rating in a research note on Tuesday, February 5th. BidaskClub downgraded shares of Hasbro from a “hold” rating to a “sell” rating in a research note on Wednesday, February 13th. Wells Fargo & Co cut their target price on shares of Hasbro from $95.00 to $90.00 and set a “market perform” rating for the company in a research note on Wednesday, February 13th. Monness Crespi & Hardt upgraded shares of Hasbro from a “neutral” rating to a “buy” rating and set a $109.00 target price for the company in a research note on Monday, February 11th. Finally, TheStreet downgraded shares of Hasbro from a “b-” rating to a “c” rating in a research note on Friday, February 8th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and ten have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $103.20.

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Hasbro Profile

Hasbro, Inc, together with its subsidiaries, operates as a play and entertainment company. The company's U.S. and Canada segment markets and sells action figures, arts and crafts, and creative play products; electronic toys and related electronic interactive products; fashion and other dolls, infant products, play sets, preschool toys, plush products, and sports action blasters and accessories; and vehicles and toy-related specialty products, as well as traditional board games, and trading card and role-playing games primarily in the United States and Canada.

Featured Article: Earnings Per Share (EPS)

Institutional Ownership by Quarter for Hasbro (NASDAQ:HAS)

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