Hasbro, Inc. $HAS Shares Acquired by Natixis Advisors LLC

Natixis Advisors LLC lifted its holdings in shares of Hasbro, Inc. (NASDAQ:HAS) by 2.8% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 415,740 shares of the company’s stock after purchasing an additional 11,245 shares during the quarter. Natixis Advisors LLC owned about 0.30% of Hasbro worth $34,091,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. CYBER HORNET ETFs LLC acquired a new position in Hasbro in the second quarter valued at $25,000. MUFG Securities EMEA plc acquired a new position in Hasbro in the second quarter valued at $28,000. Foster Dykema Cabot & Partners LLC acquired a new position in Hasbro in the third quarter valued at $34,000. Wexford Capital LP acquired a new position in Hasbro in the third quarter valued at $37,000. Finally, Leonteq Securities AG acquired a new position in Hasbro in the fourth quarter valued at $49,000. Institutional investors and hedge funds own 91.83% of the company’s stock.

Hasbro Stock Up 0.4%

Shares of Hasbro stock opened at $84.47 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. The firm has a market cap of $11.95 billion, a P/E ratio of -50.89, a P/E/G ratio of 2.07 and a beta of 0.48. Hasbro, Inc. has a fifty-two week low of $65.06 and a fifty-two week high of $106.98. The business has a 50-day moving average price of $91.91 and a 200 day moving average price of $90.03.

Hasbro (NASDAQ:HAS) last announced its quarterly earnings data on Wednesday, May 20th. The company reported $1.47 earnings per share for the quarter, beating the consensus estimate 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 firm had revenue of $1 billion during the quarter, compared to analyst estimates of $969.20 million. During the same period in the previous year, the company earned $1.04 earnings per share. Hasbro’s quarterly revenue was up 12.7% on a year-over-year basis. On average, sell-side analysts forecast that Hasbro, Inc. will post 5.96 earnings per share for the current fiscal year.

Hasbro Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Stockholders of record on Monday, June 1st will be given a dividend of $0.70 per share. The ex-dividend date of this dividend is 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%.

Wall Street Analyst Weigh In

HAS has been the topic of a number of research analyst reports. Morgan Stanley lifted their target price on Hasbro from $122.00 to $123.00 and gave the company an “overweight” rating in a report on Thursday, May 14th. BNP Paribas Exane lifted their target price on Hasbro from $115.00 to $117.00 and gave the company an “outperform” rating in a report on Thursday, May 21st. Citigroup reduced their target price on Hasbro from $118.00 to $114.00 and set a “buy” rating on the stock in a report on Thursday, May 21st. Jefferies Financial Group lifted their target price on Hasbro from $95.00 to $112.00 and gave the company a “buy” rating in a report on Friday, February 6th. Finally, Monness Crespi & Hardt lifted their target price on Hasbro from $90.00 to $120.00 and gave the company a “buy” rating in a report on Wednesday, February 11th. Two 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 assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $113.64.

Key Headlines Impacting Hasbro

Here are the key news stories impacting Hasbro this week:

• Positive Sentiment: Hasbro launched Sixth Wall, a new AI studio aimed at turning its iconic characters into interactive experiences and creating a new licensing channel for its intellectual property. Hasbro’s New AI Studio Looks to Bring Its Iconic Characters to Next-Generation Experiences
• Positive Sentiment: Hasbro said it will license characters into AI experiences, and reports also noted a partnership with ElevenLabs, suggesting early outside demand for the new platform. Hasbro creates a program to license its iconic characters to AI experiences
• Positive Sentiment: Coverage from multiple outlets highlighted AI-powered versions of Hasbro’s characters, reinforcing investor interest in the company’s ability to monetize legacy brands in new ways. Hasbro AI Studio Unveils Interactive AI Versions Of Iconic Characters
• Neutral Sentiment: Hasbro also promoted a nostalgia-heavy toy lineup featuring Transformers, X-Men, and Star Wars, which supports the brand but appears less likely to move the stock on its own. Hasbro’s Latest Toy Drop Is Packed With Transformers, X-Men, And Star Wars Nostalgia

About Hasbro

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.