Sei Investments Co. Has $4.29 Million Holdings in Hasbro, Inc. (NASDAQ:HAS)

Sei Investments Co. increased its position in shares of Hasbro, Inc. (NASDAQ:HAS) by 2.3% in the fourth quarter, Holdings Channel reports. The institutional investor owned 76,641 shares of the company’s stock after buying an additional 1,718 shares during the period. Sei Investments Co.’s holdings in Hasbro were worth $4,285,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in HAS. Virtu Financial LLC boosted its position in shares of Hasbro by 100.2% in the fourth quarter. Virtu Financial LLC now owns 13,869 shares of the company’s stock valued at $775,000 after acquiring an additional 6,941 shares during the period. Quantbot Technologies LP acquired a new position in Hasbro during the 4th quarter worth about $2,903,000. Sciencast Management LP raised its holdings in Hasbro by 3.2% during the 4th quarter. Sciencast Management LP now owns 9,700 shares of the company’s stock worth $542,000 after purchasing an additional 298 shares during the last quarter. TD Private Client Wealth LLC grew its holdings in Hasbro by 6.1% during the 4th quarter. TD Private Client Wealth LLC now owns 56,153 shares of the company’s stock worth $3,140,000 after acquiring an additional 3,222 shares during the period. Finally, Teacher Retirement System of Texas increased its holdings in Hasbro by 14.7% in the fourth quarter. Teacher Retirement System of Texas now owns 27,459 shares of the company’s stock worth $1,535,000 after purchasing an additional 3,510 shares in the last quarter. Institutional investors and hedge funds own 91.83% of the company’s stock.

Hasbro Trading Up 0.9 %

Shares of HAS opened at $62.69 on Thursday. Hasbro, Inc. has a twelve month low of $54.26 and a twelve month high of $73.46. The company has a current ratio of 1.60, a quick ratio of 1.29 and a debt-to-equity ratio of 2.85. The company has a market cap of $8.75 billion, a P/E ratio of 22.80, a P/E/G ratio of 0.60 and a beta of 0.51. The company’s fifty day simple moving average is $61.45 and its 200-day simple moving average is $63.41.

Hasbro (NASDAQ:HAS) last announced its quarterly earnings results on Thursday, February 20th. The company reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.36 by $0.10. Hasbro had a net margin of 9.32% and a return on equity of 47.93%. The firm had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.02 billion. As a group, analysts expect that Hasbro, Inc. will post 4.33 EPS for the current year.

Hasbro Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 12th. Stockholders of record on Monday, March 3rd were issued a $0.70 dividend. The ex-dividend date was Monday, March 3rd. This represents a $2.80 annualized dividend and a dividend yield of 4.47%. Hasbro’s dividend payout ratio (DPR) is presently 101.82%.

Wall Street Analysts Forecast Growth

HAS has been the topic of a number of recent research reports. StockNews.com upgraded Hasbro from a “hold” rating to a “buy” rating in a report on Tuesday, March 25th. DA Davidson raised their price objective on shares of Hasbro from $73.00 to $75.00 and gave the stock a “neutral” rating in a report on Monday, February 24th. Roth Mkm lifted their price objective on Hasbro from $68.00 to $82.00 and gave the stock a “buy” rating in a report on Friday, February 21st. Stifel Nicolaus dropped their price objective on Hasbro from $82.00 to $77.00 and set a “buy” rating on the stock in a report on Friday, January 3rd. Finally, Morgan Stanley reissued an “overweight” rating and set a $84.00 price objective (down previously from $88.00) on shares of Hasbro in a report on Friday, February 21st. One analyst has rated the stock with a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $80.22.

Hasbro Profile

Hasbro, Inc, together with its subsidiaries, operates as a toy and game company in the United States, Europe, Canada, Mexico, Latin America, Australia, China, and Hong Kong. The company operates through Consumer Products; Wizards of the Coast and Digital Gaming; Entertainment; and Corporate and Other segments.