Hasbro (NASDAQ:HAS) Insider Timothy Kilpin Sells 7,773 Shares

Hasbro, Inc. (NASDAQ:HASGet Free Report) insider Timothy Kilpin sold 7,773 shares of the company’s stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $103.00, for a total transaction of $800,619.00. Following the transaction, the insider directly owned 36,528 shares of the company’s stock, valued at approximately $3,762,384. This represents a 17.55% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Hasbro Trading Up 0.1%

Hasbro stock traded up $0.12 during trading on Tuesday, reaching $102.57. The company had a trading volume of 750,138 shares, compared to its average volume of 2,126,851. Hasbro, Inc. has a 12-month low of $49.00 and a 12-month high of $106.98. The company has a debt-to-equity ratio of 4.89, a quick ratio of 1.24 and a current ratio of 1.38. The stock’s 50 day moving average price is $87.93 and its two-hundred day moving average price is $81.35. The firm has a market capitalization of $14.39 billion, a price-to-earnings ratio of -43.64, a PEG ratio of 1.79 and a beta of 0.56.

Hasbro (NASDAQ:HASGet Free Report) last announced its quarterly earnings data on Tuesday, February 10th. The company reported $1.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.99 by $0.52. The company had revenue of $1.45 billion during the quarter, compared to analysts’ expectations of $1.26 billion. Hasbro had a negative net margin of 6.86% and a positive return on equity of 127.21%. The business’s quarterly revenue was up 31.3% compared to the same quarter last year. During the same period in the previous year, the company earned $0.46 EPS. As a group, equities analysts expect that Hasbro, Inc. will post 4.33 earnings per share for the current fiscal year.

Hasbro Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 4th. Shareholders of record on Wednesday, February 18th will be paid a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a yield of 2.7%. The ex-dividend date is Wednesday, February 18th. Hasbro’s payout ratio is currently -119.15%.

Hasbro News Summary

Here are the key news stories impacting Hasbro this week:

Analysts Set New Price Targets

HAS has been the subject of a number of research reports. Jefferies Financial Group upped their price target on shares of Hasbro from $95.00 to $112.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Hasbro in a research report on Monday, December 29th. Seaport Research Partners upgraded Hasbro to a “strong-buy” rating in a report on Monday, November 10th. JPMorgan Chase & Co. boosted their price target on Hasbro from $94.00 to $115.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 11th. Finally, Citigroup increased their price objective on shares of Hasbro from $97.00 to $118.00 and gave the company a “buy” rating in a research report on Thursday, February 12th. Ten equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Hasbro presently has an average rating of “Moderate Buy” and a consensus target price of $113.73.

Check Out Our Latest Analysis on Hasbro

Hedge Funds Weigh In On Hasbro

A number of hedge funds and other institutional investors have recently bought and sold shares of HAS. Jump Financial LLC lifted its position in Hasbro by 71.7% in the 4th quarter. Jump Financial LLC now owns 35,305 shares of the company’s stock valued at $2,895,000 after purchasing an additional 14,741 shares during the last quarter. Sciencast Management LP acquired a new stake in shares of Hasbro during the fourth quarter worth $3,863,000. Price T Rowe Associates Inc. MD lifted its stake in Hasbro by 1.9% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 198,014 shares of the company’s stock valued at $16,238,000 after buying an additional 3,717 shares in the last quarter. Vinva Investment Management Ltd grew its position in Hasbro by 16.0% during the 4th quarter. Vinva Investment Management Ltd now owns 13,836 shares of the company’s stock worth $1,135,000 after purchasing an additional 1,907 shares in the last quarter. Finally, GeoWealth Management LLC acquired a new position in Hasbro during the fourth quarter valued at $229,000. 91.83% of the stock is currently owned by institutional investors and hedge funds.

Hasbro Company Profile

(Get Free Report)

Hasbro, Inc is a global play and entertainment company, known for designing, manufacturing and marketing a diverse portfolio of toys, games and consumer products. Founded in 1923 as Hassenfeld Brothers and headquartered in Pawtucket, Rhode Island, the company has grown into one of the foremost names in the toy industry, with a presence in retail, digital and entertainment channels worldwide.

The company’s brand portfolio features iconic properties such as Monopoly, Play-Doh, Nerf, My Little Pony and Transformers.

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Insider Buying and Selling by Quarter for Hasbro (NASDAQ:HAS)

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