18,067 Shares in Hasbro, Inc. (NASDAQ:HAS) Purchased by Skandinaviska Enskilda Banken AB publ

Skandinaviska Enskilda Banken AB publ bought a new stake in Hasbro, Inc. (NASDAQ:HAS) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 18,067 shares of the company’s stock, valued at approximately $1,006,000.

Other large investors have also recently bought and sold shares of the company. Pacer Advisors Inc. boosted its stake in shares of Hasbro by 28,552.6% during the 4th quarter. Pacer Advisors Inc. now owns 2,789,613 shares of the company’s stock worth $155,967,000 after buying an additional 2,779,877 shares during the last quarter. Bank of New York Mellon Corp raised its holdings in Hasbro by 40.2% during the fourth quarter. Bank of New York Mellon Corp now owns 1,485,744 shares of the company’s stock worth $83,068,000 after acquiring an additional 426,130 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in Hasbro by 0.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,189,814 shares of the company’s stock valued at $66,522,000 after purchasing an additional 5,778 shares in the last quarter. Amundi increased its position in shares of Hasbro by 106.7% during the 4th quarter. Amundi now owns 819,961 shares of the company’s stock worth $46,827,000 after purchasing an additional 423,249 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA raised its stake in shares of Hasbro by 13.7% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 804,888 shares of the company’s stock worth $58,210,000 after purchasing an additional 97,039 shares in the last quarter. Institutional investors and hedge funds own 91.83% of the company’s stock.

Hasbro Stock Performance

HAS opened at $60.22 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 business has a fifty day simple moving average of $60.50 and a 200 day simple moving average of $63.93. Hasbro, Inc. has a 1 year low of $52.95 and a 1 year high of $73.46. The company has a market capitalization of $8.40 billion, a PE ratio of 21.90, a price-to-earnings-growth ratio of 0.60 and a beta of 0.51.

Hasbro (NASDAQ:HAS) last announced its earnings results 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. Research analysts expect that Hasbro, Inc. will post 4.33 EPS for the current year.

Hasbro Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 12th. Stockholders of record on Monday, March 3rd were issued a dividend of $0.70 per share. The ex-dividend date was Monday, March 3rd. This represents a $2.80 annualized dividend and a dividend yield of 4.65%. Hasbro’s dividend payout ratio is presently 101.82%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on HAS. Roth Mkm raised their target price on shares of Hasbro from $68.00 to $82.00 and gave the company a “buy” rating in a research note on Friday, February 21st. DA Davidson boosted their price objective on shares of Hasbro from $73.00 to $75.00 and gave the stock a “neutral” rating in a research note on Monday, February 24th. Morgan Stanley reiterated an “overweight” rating and issued a $84.00 target price (down from $88.00) on shares of Hasbro in a research note on Friday, February 21st. Finally, Stifel Nicolaus lowered their price target on Hasbro from $82.00 to $77.00 and set a “buy” rating on the stock in a research report on Friday, January 3rd. Two investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat.com, 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.