Nicholas Company Inc. purchased a new position in shares of Hasbro, Inc. (NASDAQ:HAS) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 47,115 shares of the company’s stock, valued at approximately $3,828,000.

A number of other large investors have also recently made changes to their positions in the business. Delek Group Ltd. boosted its position in shares of Hasbro by 96.6% in the fourth quarter. Delek Group Ltd. now owns 131,951 shares of the company’s stock worth $11,009,000 after buying an additional 64,840 shares during the period. BOKF NA boosted its position in shares of Hasbro by 20.8% in the fourth quarter. BOKF NA now owns 35,970 shares of the company’s stock worth $2,923,000 after buying an additional 6,196 shares during the period. American International Group Inc. boosted its position in shares of Hasbro by 9.9% in the fourth quarter. American International Group Inc. now owns 67,777 shares of the company’s stock worth $5,507,000 after buying an additional 6,129 shares during the period. Geode Capital Management LLC boosted its position in shares of Hasbro by 6.7% in the fourth quarter. Geode Capital Management LLC now owns 1,746,932 shares of the company’s stock worth $141,722,000 after buying an additional 109,854 shares during the period. Finally, Neuburgh Advisers LLC boosted its position in shares of Hasbro by 59.1% in the fourth quarter. Neuburgh Advisers LLC now owns 32,130 shares of the company’s stock worth $2,611,000 after buying an additional 11,934 shares during the period. Institutional investors own 88.67% of the company’s stock.

Shares of NASDAQ HAS opened at $86.72 on Friday. Hasbro, Inc. has a 52-week low of $76.84 and a 52-week high of $109.60. The company has a market cap of $10.90 billion, a price-to-earnings ratio of 22.52, a PEG ratio of 1.68 and a beta of 0.91. The company has a debt-to-equity ratio of 0.97, a quick ratio of 2.07 and a current ratio of 2.42.

Hasbro (NASDAQ:HAS) last announced its quarterly earnings results on Friday, February 8th. The company reported $1.33 earnings per share for the quarter, missing analysts’ consensus estimates of $1.68 by ($0.35). The company had revenue of $1.39 billion for the quarter, compared to analyst estimates of $1.53 billion. Hasbro had a return on equity of 28.01% and a net margin of 4.81%. The firm’s revenue for the quarter was down 13.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.30 earnings per share. As a group, equities research analysts predict that Hasbro, Inc. will post 4.41 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 15th. Stockholders of record on Wednesday, May 1st will be given a dividend of $0.68 per share. This represents a $2.72 dividend on an annualized basis and a dividend yield of 3.14%. This is a boost from Hasbro’s previous quarterly dividend of $0.63. The ex-dividend date of this dividend is Tuesday, April 30th. Hasbro’s dividend payout ratio is presently 65.45%.

HAS has been the subject of several analyst reports. Zacks Investment Research raised Hasbro from a “sell” rating to a “hold” rating in a research report on Thursday, January 3rd. TheStreet downgraded Hasbro from a “b-” rating to a “c” rating in a research report on Friday, February 8th. ValuEngine downgraded Hasbro from a “buy” rating to a “hold” rating in a research report on Tuesday, February 5th. Wells Fargo & Co decreased their target price on Hasbro from $95.00 to $90.00 and set a “market perform” rating for the company in a research report on Wednesday, February 13th. Finally, BMO Capital Markets decreased their target price on Hasbro from $76.00 to $75.00 and set an “underperform” rating for the company in a research report on Tuesday, February 26th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and ten have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $103.20.

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Hasbro Profile

Hasbro, Inc, together with its subsidiaries, operates as a play and entertainment company. The company's U.S. and Canada segment markets and sells action figures, arts and crafts, and creative play products; electronic toys and related electronic interactive products; fashion and other dolls, infant products, play sets, preschool toys, plush products, and sports action blasters and accessories; and vehicles and toy-related specialty products, as well as traditional board games, and trading card and role-playing games primarily in the United States and Canada.

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Institutional Ownership by Quarter for Hasbro (NASDAQ:HAS)

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