Hasbro, Inc. (NASDAQ:HAS) SVP Tarrant L. Sibley sold 1,525 shares of the stock in a transaction dated Tuesday, August 21st. The shares were sold at an average price of $100.00, for a total transaction of $152,500.00. Following the completion of the sale, the senior vice president now owns 21,262 shares of the company’s stock, valued at approximately $2,126,200. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

NASDAQ:HAS opened at $100.99 on Friday. Hasbro, Inc. has a 12-month low of $79.00 and a 12-month high of $107.58. The company has a debt-to-equity ratio of 0.96, a current ratio of 2.69 and a quick ratio of 2.11. The stock has a market capitalization of $12.76 billion, a P/E ratio of 18.50, a price-to-earnings-growth ratio of 1.81 and a beta of 0.91.

Hasbro (NASDAQ:HAS) last posted its quarterly earnings results on Monday, July 23rd. The company reported $0.48 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.29 by $0.19. Hasbro had a net margin of 4.15% and a return on equity of 35.34%. The firm had revenue of $904.50 million during the quarter, compared to analyst estimates of $839.29 million. During the same quarter in the prior year, the business posted $0.53 earnings per share. The company’s quarterly revenue was down 7.0% compared to the same quarter last year. equities analysts predict that Hasbro, Inc. will post 4.75 EPS for the current fiscal year.

Hasbro declared that its board has initiated a stock buyback program on Thursday, May 17th that allows the company to repurchase $500.00 million in shares. This repurchase authorization allows the company to buy up to 4.5% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company’s leadership believes its stock is undervalued.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, November 15th. Investors of record on Thursday, November 1st will be given a $0.63 dividend. This represents a $2.52 annualized dividend and a yield of 2.50%. The ex-dividend date is Wednesday, October 31st. Hasbro’s dividend payout ratio (DPR) is presently 46.15%.

Several research firms recently weighed in on HAS. Zacks Investment Research upgraded shares of Hasbro from a “strong sell” rating to a “hold” rating in a research note on Monday, June 25th. Barclays increased their target price on shares of Hasbro from $100.00 to $117.00 and gave the company an “overweight” rating in a research note on Tuesday, July 24th. Citigroup increased their target price on shares of Hasbro from $101.00 to $116.00 and gave the company a “buy” rating in a research note on Wednesday, August 8th. TheStreet upgraded shares of Hasbro from a “c+” rating to a “b” rating in a research note on Monday, July 23rd. Finally, BidaskClub upgraded shares of Hasbro from a “sell” rating to a “hold” rating in a research note on Friday, June 8th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and ten have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $107.59.

A number of large investors have recently bought and sold shares of HAS. Optimum Investment Advisors acquired a new stake in shares of Hasbro during the first quarter worth approximately $117,000. McKinley Carter Wealth Services Inc. acquired a new stake in shares of Hasbro during the first quarter worth approximately $136,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new stake in shares of Hasbro during the second quarter worth approximately $136,000. Dupont Capital Management Corp increased its holdings in shares of Hasbro by 88.4% during the first quarter. Dupont Capital Management Corp now owns 1,846 shares of the company’s stock worth $156,000 after buying an additional 866 shares in the last quarter. Finally, Cerebellum GP LLC acquired a new stake in shares of Hasbro during the second quarter worth approximately $165,000. 79.60% of the stock is owned by hedge funds and other institutional investors.

About Hasbro

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.

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

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