DJE Kapital AG Takes Position in Hasbro, Inc. $HAS

DJE Kapital AG bought a new stake in shares of Hasbro, Inc. (NASDAQ:HASFree Report) in the 4th quarter, HoldingsChannel.com reports. The firm bought 42,100 shares of the company’s stock, valued at approximately $3,475,000.

Several other hedge funds have also modified their holdings of the stock. Huntington National Bank raised its position in shares of Hasbro by 10.2% during the fourth quarter. Huntington National Bank now owns 1,233 shares of the company’s stock worth $101,000 after acquiring an additional 114 shares during the last quarter. Signaturefd LLC raised its position in shares of Hasbro by 6.4% during the fourth quarter. Signaturefd LLC now owns 2,268 shares of the company’s stock worth $186,000 after acquiring an additional 137 shares during the last quarter. Personal CFO Solutions LLC raised its position in shares of Hasbro by 3.9% during the fourth quarter. Personal CFO Solutions LLC now owns 3,666 shares of the company’s stock worth $301,000 after acquiring an additional 137 shares during the last quarter. United Capital Financial Advisors LLC raised its position in shares of Hasbro by 2.2% during the third quarter. United Capital Financial Advisors LLC now owns 6,500 shares of the company’s stock worth $493,000 after acquiring an additional 139 shares during the last quarter. Finally, Fifth Third Bancorp raised its position in shares of Hasbro by 2.0% during the third quarter. Fifth Third Bancorp now owns 7,620 shares of the company’s stock worth $578,000 after acquiring an additional 152 shares during the last quarter. 91.83% of the stock is owned by hedge funds and other institutional investors.

Hasbro Stock Up 1.8%

Shares of Hasbro stock opened at $83.77 on Friday. The company has a quick ratio of 1.49, a current ratio of 1.65 and a debt-to-equity ratio of 4.59. Hasbro, Inc. has a 12 month low of $67.11 and a 12 month high of $106.98. The business has a fifty day simple moving average of $91.17 and a 200 day simple moving average of $90.26. The stock has a market cap of $11.85 billion, a PE ratio of -50.46, a price-to-earnings-growth ratio of 2.01 and a beta of 0.48.

Hasbro (NASDAQ:HASGet Free Report) last announced its quarterly earnings data on Wednesday, May 20th. The company reported $1.47 EPS for the quarter, topping analysts’ consensus estimates of $1.20 by $0.27. Hasbro had a positive return on equity of 174.64% and a negative net margin of 4.62%.The business had revenue of $1 billion during the quarter, compared to analysts’ expectations of $969.20 million. During the same period in the previous year, the firm earned $1.04 earnings per share. The firm’s quarterly revenue was up 12.7% compared to the same quarter last year. Research analysts predict that Hasbro, Inc. will post 6.01 EPS for the current year.

Hasbro Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 11th. Investors of record on Monday, June 1st were paid a dividend of $0.70 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a $2.80 dividend on an annualized basis and a dividend yield of 3.3%. Hasbro’s payout ratio is -168.67%.

Trending Headlines about Hasbro

Here are the key news stories impacting Hasbro this week:

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on HAS. UBS Group boosted their target price on Hasbro from $99.00 to $110.00 and gave the stock a “buy” rating in a research report on Thursday, March 5th. Morgan Stanley boosted their target price on Hasbro from $122.00 to $123.00 and gave the stock an “overweight” rating in a research report on Thursday, May 14th. Citigroup dropped their target price on Hasbro from $118.00 to $114.00 and set a “buy” rating for the company in a research report on Thursday, May 21st. Wells Fargo & Company dropped their target price on Hasbro from $92.00 to $85.00 and set an “equal weight” rating for the company in a research report on Tuesday. Finally, Wolfe Research boosted their target price on Hasbro from $90.00 to $124.00 and gave the stock an “outperform” rating in a research report on Friday, February 13th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $113.14.

View Our Latest Stock Report on HAS

Hasbro Profile

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

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