Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake in shares of Hasbro, Inc. (NASDAQ:HAS) by 0.7% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 8,358 shares of the company’s stock after buying an additional 60 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Hasbro were worth $932,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the stock. JPMorgan Chase & Co. increased its holdings in Hasbro by 192.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 291,214 shares of the company’s stock worth $32,474,000 after purchasing an additional 191,777 shares during the last quarter. State of Tennessee Treasury Department increased its holdings in Hasbro by 8.5% during the 2nd quarter. State of Tennessee Treasury Department now owns 162,494 shares of the company’s stock worth $18,119,000 after purchasing an additional 12,682 shares during the last quarter. Sawtooth Solutions LLC increased its holdings in Hasbro by 4.3% during the 2nd quarter. Sawtooth Solutions LLC now owns 2,439 shares of the company’s stock worth $272,000 after purchasing an additional 101 shares during the last quarter. Oppenheimer Asset Management Inc. increased its holdings in Hasbro by 1.8% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 30,477 shares of the company’s stock worth $3,400,000 after purchasing an additional 532 shares during the last quarter. Finally, Delta Lloyd Asset Management N.V. purchased a new stake in Hasbro during the 2nd quarter worth approximately $998,000. Institutional investors and hedge funds own 79.69% of the company’s stock.

Hasbro, Inc. (HAS) opened at 95.96 on Thursday. The firm has a market cap of $12.00 billion, a price-to-earnings ratio of 20.78 and a beta of 0.92. The company’s 50-day moving average price is $98.81 and its 200-day moving average price is $102.18. Hasbro, Inc. has a 52-week low of $76.14 and a 52-week high of $116.20.

Hasbro (NASDAQ:HAS) last posted its quarterly earnings results on Monday, July 24th. The company reported $0.53 EPS for the quarter, beating the consensus estimate of $0.46 by $0.07. The firm had revenue of $972.51 million during the quarter, compared to analysts’ expectations of $974.19 million. Hasbro had a return on equity of 32.24% and a net margin of 11.44%. The company’s revenue for the quarter was up 10.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.41 EPS. Analysts predict that Hasbro, Inc. will post $5.07 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 15th. Shareholders of record on Wednesday, November 1st will be issued a $0.57 dividend. The ex-dividend date of this dividend is Tuesday, October 31st. This represents a $2.28 annualized dividend and a yield of 2.38%. Hasbro’s dividend payout ratio (DPR) is 49.35%.

In other Hasbro news, President John Frascotti sold 25,658 shares of the company’s stock in a transaction that occurred on Tuesday, August 22nd. The stock was sold at an average price of $94.81, for a total value of $2,432,634.98. Following the completion of the transaction, the president now owns 105,615 shares of the company’s stock, valued at approximately $10,013,358.15. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Stephen J. Davis sold 1,500 shares of the company’s stock in a transaction that occurred on Thursday, August 31st. The shares were sold at an average price of $97.57, for a total value of $146,355.00. Following the completion of the transaction, the executive vice president now directly owns 39,125 shares of the company’s stock, valued at approximately $3,817,426.25. The disclosure for this sale can be found here. In the last ninety days, insiders sold 1,423,264 shares of company stock valued at $145,144,664. Insiders own 11.00% of the company’s stock.

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Several equities research analysts have issued reports on the company. BidaskClub upgraded Hasbro from a “buy” rating to a “strong-buy” rating in a report on Saturday, July 8th. Zacks Investment Research downgraded Hasbro from a “buy” rating to a “hold” rating in a report on Friday, May 19th. Stifel Nicolaus restated a “hold” rating and set a $107.00 price objective (up from $100.00) on shares of Hasbro in a report on Thursday, July 13th. DA Davidson restated a “buy” rating and set a $121.00 price objective (up from $118.00) on shares of Hasbro in a report on Saturday, July 22nd. Finally, Jefferies Group LLC restated a “buy” rating and set a $125.00 price objective on shares of Hasbro in a report on Friday, July 21st. Eleven analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Hasbro presently has a consensus rating of “Hold” and a consensus price target of $107.48.

Hasbro Company Profile

Hasbro, Inc (Hasbro) is a play and entertainment company. The Company’s operating segments include the U.S. and Canada, International, and Entertainment and Licensing. From toys and games to content development, including television programming, motion pictures, digital gaming and a consumer products licensing program, Hasbro fulfills the fundamental need for play and connection for children and families around the world.

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Institutional Ownership by Quarter for Hasbro (NASDAQ:HAS)

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