Standard Life Aberdeen plc Boosts Stake in Hasbro, Inc. (HAS)
Standard Life Aberdeen plc grew its position in Hasbro, Inc. (NASDAQ:HAS) by 27.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 49,922 shares of the company’s stock after purchasing an additional 10,860 shares during the quarter. Standard Life Aberdeen plc’s holdings in Hasbro were worth $4,538,000 as of its most recent SEC filing.
Other institutional investors have also recently bought and sold shares of the company. SeaCrest Wealth Management LLC acquired a new position in shares of Hasbro in the fourth quarter valued at approximately $131,000. Harel Insurance Investments & Financial Services Ltd. acquired a new position in shares of Hasbro in the fourth quarter valued at approximately $136,000. Fiduciary Trust Co. acquired a new position in shares of Hasbro in the fourth quarter valued at approximately $243,000. Advisor Partners LLC acquired a new position in shares of Hasbro in the fourth quarter valued at approximately $247,000. Finally, LVW Advisors LLC acquired a new position in shares of Hasbro in the third quarter valued at approximately $260,000. 77.90% of the stock is currently owned by institutional investors.
In other Hasbro news, CEO Brian Goldner sold 308,164 shares of the company’s stock in a transaction on Friday, February 23rd. The stock was sold at an average price of $96.97, for a total transaction of $29,882,663.08. Following the completion of the sale, the chief executive officer now directly owns 101,134 shares in the company, valued at $9,806,963.98. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Thomas J. Jr. Courtney sold 8,884 shares of the company’s stock in a transaction on Wednesday, February 28th. The stock was sold at an average price of $97.51, for a total value of $866,278.84. The disclosure for this sale can be found here. Insiders have sold 394,435 shares of company stock valued at $38,337,975 over the last 90 days. Corporate insiders own 11.00% of the company’s stock.
Shares of Hasbro, Inc. (NASDAQ:HAS) opened at $95.65 on Friday. The company has a debt-to-equity ratio of 0.93, a quick ratio of 2.56 and a current ratio of 2.90. Hasbro, Inc. has a 12 month low of $87.92 and a 12 month high of $116.20. The firm has a market capitalization of $11,877.63, a price-to-earnings ratio of 17.88, a price-to-earnings-growth ratio of 1.52 and a beta of 0.82.
Hasbro (NASDAQ:HAS) last released its earnings results on Wednesday, February 7th. The company reported $2.30 earnings per share for the quarter, topping the consensus estimate of $1.82 by $0.48. Hasbro had a return on equity of 36.36% and a net margin of 7.61%. The firm had revenue of $1.60 billion during the quarter, compared to analysts’ expectations of $1.72 billion. During the same period in the prior year, the company earned $1.64 earnings per share. The company’s quarterly revenue was down 1.8% on a year-over-year basis. equities analysts anticipate that Hasbro, Inc. will post 5.39 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 15th. Shareholders of record on Tuesday, May 1st will be paid a dividend of $0.63 per share. The ex-dividend date of this dividend is Monday, April 30th. This is a boost from Hasbro’s previous quarterly dividend of $0.57. This represents a $2.52 annualized dividend and a yield of 2.63%. Hasbro’s dividend payout ratio is presently 73.08%.
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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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