Amundi Pioneer Asset Management Inc. bought a new stake in shares of Hasbro, Inc. (NASDAQ:HAS) in the 4th quarter, Holdings Channel reports. The firm bought 209,364 shares of the company’s stock, valued at approximately $19,029,000.

Other institutional investors also recently made changes to their positions in the company. SeaCrest Wealth Management LLC bought a new stake in Hasbro during the fourth quarter valued at approximately $131,000. Harel Insurance Investments & Financial Services Ltd. bought a new stake in Hasbro during the fourth quarter valued at approximately $136,000. Delpha Capital Management LLC bought a new stake in shares of Hasbro in the 4th quarter worth approximately $161,000. Fiduciary Trust Co. bought a new stake in shares of Hasbro in the 4th quarter worth approximately $243,000. Finally, Advisor Partners LLC bought a new stake in shares of Hasbro in the 4th quarter worth approximately $247,000. Institutional investors and hedge funds own 80.66% of the company’s stock.

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Hasbro, Inc. (HAS) opened at $89.35 on Wednesday. The company has a quick ratio of 2.56, a current ratio of 2.90 and a debt-to-equity ratio of 0.93. Hasbro, Inc. has a one year low of $87.92 and a one year high of $116.20. The company has a market cap of $11,190.00, a price-to-earnings ratio of 16.22, a P/E/G ratio of 1.46 and a beta of 0.82.

Hasbro (NASDAQ:HAS) last issued its earnings results on Wednesday, February 7th. The company reported $2.30 EPS for the quarter, topping the consensus estimate of $1.82 by $0.48. Hasbro had a net margin of 18.24% and a return on equity of 61.70%. The company had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.72 billion. During the same period in the previous year, the firm earned $1.64 earnings per share. The firm’s revenue for the quarter was down 1.8% on a year-over-year basis. analysts anticipate that Hasbro, Inc. will post 5.39 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 15th. Investors of record on Tuesday, May 1st will be paid a $0.63 dividend. This represents a $2.52 annualized dividend and a dividend yield of 2.82%. This is an increase from Hasbro’s previous quarterly dividend of $0.57. The ex-dividend date of this dividend is Monday, April 30th. Hasbro’s payout ratio is presently 41.38%.

In related news, EVP Wiebe Tinga sold 3,955 shares of Hasbro stock in a transaction on Friday, February 23rd. The shares were sold at an average price of $97.19, for a total value of $384,386.45. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CFO Deborah Thomas sold 6,000 shares of Hasbro stock in a transaction on Friday, February 23rd. The stock was sold at an average price of $96.33, for a total transaction of $577,980.00. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 394,435 shares of company stock worth $38,337,975. 11.00% of the stock is owned by insiders.

A number of brokerages have recently weighed in on HAS. Zacks Investment Research lowered shares of Hasbro from a “hold” rating to a “sell” rating in a report on Wednesday, January 10th. BidaskClub upgraded shares of Hasbro from a “sell” rating to a “hold” rating in a report on Thursday, February 8th. B. Riley boosted their price objective on shares of Hasbro from $108.00 to $110.00 and gave the stock a “buy” rating in a report on Thursday, February 8th. Wells Fargo & Co restated a “market perform” rating and issued a $100.00 price objective (up from $95.00) on shares of Hasbro in a report on Thursday, February 8th. Finally, Stifel Nicolaus lowered their price objective on shares of Hasbro from $100.00 to $97.00 and set a “hold” rating for the company in a report on Tuesday, January 30th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and six have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $109.50.

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Hasbro 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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