BidaskClub upgraded shares of Hasbro (NASDAQ:HAS) from a sell rating to a hold rating in a report issued on Thursday.

Other equities analysts have also issued reports about the company. KeyCorp reissued a buy rating and set a $105.00 price target on shares of Hasbro in a research report on Tuesday, October 24th. DA Davidson reaffirmed a buy rating and issued a $124.00 target price (up from $121.00) on shares of Hasbro in a research report on Tuesday, October 24th. B. Riley began coverage on Hasbro in a research report on Thursday, December 21st. They issued a buy rating and a $108.00 target price on the stock. Barclays reaffirmed an equal weight rating on shares of Hasbro in a research report on Wednesday, October 25th. Finally, BMO Capital Markets reaffirmed a hold rating and issued a $83.00 target price on shares of Hasbro in a research report on Monday, November 27th. Nine investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The company has a consensus rating of Hold and a consensus price target of $109.87.

Hasbro (NASDAQ HAS) opened at $97.73 on Thursday. The company has a market capitalization of $12,172.86, a P/E ratio of 18.27, a P/E/G ratio of 1.58 and a beta of 0.86. The company has a current ratio of 2.90, a quick ratio of 2.11 and a debt-to-equity ratio of 0.93. Hasbro has a 52-week low of $87.92 and a 52-week high of $116.20.

Hasbro (NASDAQ:HAS) last released its quarterly earnings results on Wednesday, February 7th. The company reported $2.30 EPS for the quarter, topping the consensus estimate of $1.82 by $0.48. The firm had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.72 billion. Hasbro had a return on equity of 36.36% and a net margin of 7.61%. Hasbro’s revenue for the quarter was down 1.8% on a year-over-year basis. During the same period in the previous year, the company posted $1.64 EPS. analysts predict that Hasbro will post 5.37 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, May 15th. Investors of record on Tuesday, May 1st will be given a dividend of $0.63 per share. This is a positive change from Hasbro’s previous quarterly dividend of $0.57. This represents a $2.52 annualized dividend and a dividend yield of 2.58%. The ex-dividend date is Monday, April 30th. Hasbro’s dividend payout ratio is currently 73.08%.

Several hedge funds have recently bought and sold shares of the stock. Norinchukin Bank The raised its position in shares of Hasbro by 7.0% during the 4th quarter. Norinchukin Bank The now owns 9,063 shares of the company’s stock valued at $824,000 after acquiring an additional 590 shares in the last quarter. American International Group Inc. raised its position in shares of Hasbro by 233.1% during the 4th quarter. American International Group Inc. now owns 179,007 shares of the company’s stock valued at $16,270,000 after acquiring an additional 125,260 shares in the last quarter. Virtu Financial LLC acquired a new stake in shares of Hasbro during the 4th quarter valued at approximately $305,000. Tower Research Capital LLC TRC raised its position in shares of Hasbro by 1,274.6% during the 4th quarter. Tower Research Capital LLC TRC now owns 3,354 shares of the company’s stock valued at $305,000 after acquiring an additional 3,110 shares in the last quarter. Finally, Schroder Investment Management Group raised its position in shares of Hasbro by 1,065.5% during the 4th quarter. Schroder Investment Management Group now owns 1,060,823 shares of the company’s stock valued at $96,418,000 after acquiring an additional 969,806 shares in the last quarter. 79.32% of the stock is currently owned by institutional investors and hedge funds.

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About Hasbro

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.

Analyst Recommendations for Hasbro (NASDAQ:HAS)

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