USS Investment Management Ltd Boosts Holdings in Hasbro, Inc. (HAS)
USS Investment Management Ltd grew its holdings in Hasbro, Inc. (NASDAQ:HAS) by 28.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 252,300 shares of the company’s stock after acquiring an additional 56,300 shares during the period. USS Investment Management Ltd’s holdings in Hasbro were worth $22,933,000 as of its most recent filing with the Securities & Exchange Commission.
Several other large investors have also bought and sold shares of HAS. Benjamin F. Edwards & Company Inc. lifted its position in shares of Hasbro by 7,100.0% during the 3rd quarter. Benjamin F. Edwards & Company Inc. now owns 1,080 shares of the company’s stock worth $105,000 after purchasing an additional 1,065 shares during the last quarter. YorkBridge Wealth Partners LLC lifted its position in shares of Hasbro by 2.8% during the 2nd quarter. YorkBridge Wealth Partners LLC now owns 1,164 shares of the company’s stock worth $129,000 after purchasing an additional 32 shares during the last quarter. San Francisco Sentry Investment Group CA purchased a new stake in shares of Hasbro during the 2nd quarter worth $155,000. Highstreet Asset Management Inc. lifted its position in shares of Hasbro by 105.2% during the 3rd quarter. Highstreet Asset Management Inc. now owns 1,584 shares of the company’s stock worth $155,000 after purchasing an additional 812 shares during the last quarter. Finally, Moors & Cabot Inc. purchased a new stake in shares of Hasbro during the 2nd quarter worth $229,000. Institutional investors and hedge funds own 79.73% of the company’s stock.
HAS has been the subject of several recent analyst reports. Zacks Investment Research cut shares of Hasbro from a “hold” rating to a “sell” rating in a research report on Thursday, October 26th. UBS Group set a $104.00 price objective on shares of Hasbro and gave the stock a “hold” rating in a research report on Monday, November 13th. DA Davidson set a $124.00 price objective on shares of Hasbro and gave the stock a “buy” rating in a research report on Tuesday, November 14th. KeyCorp reaffirmed a “buy” rating and set a $105.00 price objective on shares of Hasbro in a research report on Tuesday, October 24th. Finally, Barclays raised shares of Hasbro from an “equal weight” rating to an “overweight” rating and set a $110.00 price objective for the company in a research report on Tuesday, October 24th. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and seven have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $105.81.
Shares of Hasbro, Inc. (NASDAQ:HAS) traded up $0.04 on Tuesday, reaching $92.45. 1,328,800 shares of the company were exchanged, compared to its average volume of 1,356,233. Hasbro, Inc. has a 52-week low of $80.22 and a 52-week high of $116.20. The stock has a market capitalization of $11,410.00, a PE ratio of 19.71, a PEG ratio of 1.51 and a beta of 0.86. The company has a current ratio of 2.53, a quick ratio of 2.11 and a debt-to-equity ratio of 0.87.
Hasbro (NASDAQ:HAS) last announced its quarterly earnings results on Monday, October 23rd. The company reported $2.09 earnings per share for the quarter, beating analysts’ consensus estimates of $1.94 by $0.15. Hasbro had a net margin of 11.34% and a return on equity of 31.74%. The firm had revenue of $1.79 billion during the quarter, compared to analysts’ expectations of $1.77 billion. During the same period in the previous year, the company earned $2.03 earnings per share. Hasbro’s quarterly revenue was up 6.6% compared to the same quarter last year. analysts anticipate that Hasbro, Inc. will post 5 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Thursday, February 15th. Investors of record on Thursday, February 1st will be given a $0.57 dividend. The ex-dividend date of this dividend is Wednesday, January 31st. This represents a $2.28 dividend on an annualized basis and a yield of 2.47%. Hasbro’s dividend payout ratio (DPR) is presently 48.61%.
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.
Want to see what other hedge funds are holding HAS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hasbro, Inc. (NASDAQ:HAS).
Receive News & Ratings for Hasbro Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hasbro and related companies with MarketBeat.com's FREE daily email newsletter.