Hasbro, Inc. (NASDAQ:HAS) Shares Purchased by Janus Henderson Group PLC

Janus Henderson Group PLC boosted its position in Hasbro, Inc. (NASDAQ:HAS) by 0.5% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 63,772 shares of the company’s stock after purchasing an additional 301 shares during the period. Janus Henderson Group PLC’s holdings in Hasbro were worth $3,565,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of HAS. Parvin Asset Management LLC acquired a new stake in Hasbro during the fourth quarter worth about $25,000. Allworth Financial LP boosted its position in Hasbro by 120.1% in the 4th quarter. Allworth Financial LP now owns 482 shares of the company’s stock worth $28,000 after purchasing an additional 263 shares in the last quarter. Itau Unibanco Holding S.A. grew its stake in shares of Hasbro by 32.1% during the 4th quarter. Itau Unibanco Holding S.A. now owns 733 shares of the company’s stock worth $41,000 after purchasing an additional 178 shares during the period. Resona Asset Management Co. Ltd. acquired a new stake in shares of Hasbro during the 4th quarter worth approximately $44,000. Finally, Canada Post Corp Registered Pension Plan purchased a new position in shares of Hasbro during the 4th quarter valued at approximately $43,000. Institutional investors and hedge funds own 91.83% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently issued reports on HAS. StockNews.com downgraded shares of Hasbro from a “buy” rating to a “hold” rating in a report on Tuesday, April 15th. Monness Crespi & Hardt upgraded Hasbro to a “strong-buy” rating in a research report on Tuesday, April 22nd. Citigroup raised Hasbro from a “neutral” rating to a “buy” rating and set a $72.00 price objective on the stock in a report on Friday, April 25th. Morgan Stanley reaffirmed an “overweight” rating and set a $84.00 target price (down from $88.00) on shares of Hasbro in a research note on Friday, February 21st. Finally, DA Davidson reiterated a “neutral” rating and set a $75.00 target price on shares of Hasbro in a research report on Thursday, May 15th. Two investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $79.89.

Hasbro Stock Performance

NASDAQ HAS opened at $68.18 on Tuesday. The company has a debt-to-equity ratio of 2.85, a current ratio of 1.60 and a quick ratio of 1.29. The stock’s 50 day simple moving average is $58.87 and its 200-day simple moving average is $60.33. The company has a market cap of $9.55 billion, a PE ratio of 24.79, a price-to-earnings-growth ratio of 0.60 and a beta of 0.54. Hasbro, Inc. has a 1-year low of $49.00 and a 1-year high of $73.46.

Hasbro (NASDAQ:HAS) last posted its quarterly earnings data on Thursday, April 24th. The company reported $1.04 EPS for the quarter, beating the consensus estimate of $0.67 by $0.37. Hasbro had a return on equity of 47.93% and a net margin of 9.32%. The firm had revenue of $887.10 million during the quarter, compared to the consensus estimate of $770.60 million. During the same period in the prior year, the company earned $0.61 EPS. The firm’s revenue was up 17.1% compared to the same quarter last year. As a group, equities research analysts anticipate that Hasbro, Inc. will post 4.33 EPS for the current fiscal year.

Hasbro Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 4th. Stockholders of record on Wednesday, May 21st will be paid a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 4.11%. The ex-dividend date is Wednesday, May 21st. Hasbro’s dividend payout ratio is currently 92.41%.

Hasbro Company 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.