O Shaughnessy Asset Management LLC Has $225,000 Position in Hasbro, Inc. (NASDAQ:HAS)

O Shaughnessy Asset Management LLC lessened its stake in Hasbro, Inc. (NASDAQ:HAS) by 9.7% during the 4th quarter, Holdings Channel reports. The institutional investor owned 4,032 shares of the company’s stock after selling 432 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in Hasbro were worth $225,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Keybank National Association OH increased its holdings in Hasbro by 3.5% in the fourth quarter. Keybank National Association OH now owns 5,381 shares of the company’s stock worth $301,000 after buying an additional 180 shares during the last quarter. Blair William & Co. IL increased its stake in shares of Hasbro by 1.0% during the 4th quarter. Blair William & Co. IL now owns 19,335 shares of the company’s stock worth $1,081,000 after purchasing an additional 192 shares during the last quarter. Principal Securities Inc. raised its holdings in shares of Hasbro by 16.4% during the 4th quarter. Principal Securities Inc. now owns 1,478 shares of the company’s stock valued at $83,000 after purchasing an additional 208 shares in the last quarter. Kentucky Retirement Systems Insurance Trust Fund lifted its stake in shares of Hasbro by 5.4% in the 4th quarter. Kentucky Retirement Systems Insurance Trust Fund now owns 4,090 shares of the company’s stock valued at $225,000 after purchasing an additional 210 shares during the last quarter. Finally, Morningstar Investment Management LLC boosted its holdings in Hasbro by 5.9% in the fourth quarter. Morningstar Investment Management LLC now owns 4,650 shares of the company’s stock worth $260,000 after purchasing an additional 258 shares in the last quarter. Hedge funds and other institutional investors own 91.83% of the company’s stock.

Hasbro Trading Up 2.0 %

Hasbro stock opened at $52.04 on Monday. The business has a 50 day moving average price of $60.56 and a two-hundred day moving average price of $62.27. The company has a quick ratio of 1.29, a current ratio of 1.60 and a debt-to-equity ratio of 2.85. Hasbro, Inc. has a 12 month low of $49.00 and a 12 month high of $73.46. The stock has a market cap of $7.28 billion, a price-to-earnings ratio of 18.92, a price-to-earnings-growth ratio of 0.60 and a beta of 0.51.

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

Hasbro Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 12th. Shareholders of record on Monday, March 3rd were issued a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a yield of 5.38%. The ex-dividend date of this dividend was Monday, March 3rd. Hasbro’s payout ratio is 101.82%.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on HAS shares. Stifel Nicolaus reduced their price target on Hasbro from $82.00 to $77.00 and set a “buy” rating for the company in a research report on Friday, January 3rd. Roth Mkm upped their target price on Hasbro from $68.00 to $82.00 and gave the stock a “buy” rating in a research report on Friday, February 21st. Morgan Stanley restated an “overweight” rating and issued a $84.00 price objective (down from $88.00) on shares of Hasbro in a research note on Friday, February 21st. StockNews.com upgraded shares of Hasbro from a “hold” rating to a “buy” rating in a research note on Tuesday, March 25th. Finally, DA Davidson boosted their target price on shares of Hasbro from $73.00 to $75.00 and gave the stock a “neutral” rating in a research report on Monday, February 24th. One analyst has rated the stock with a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average 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.