Hasbro, Inc. $HAS Shares Sold by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp trimmed its position in shares of Hasbro, Inc. (NASDAQ:HAS) by 37.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 68,485 shares of the company’s stock after selling 41,322 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in Hasbro were worth $5,616,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. TD Waterhouse Canada Inc. grew its holdings in Hasbro by 4,246.5% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 80,193 shares of the company’s stock worth $6,040,000 after acquiring an additional 78,348 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in Hasbro by 24.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 744,270 shares of the company’s stock worth $56,455,000 after acquiring an additional 147,227 shares in the last quarter. Dorato Capital Management acquired a new position in Hasbro during the 4th quarter worth $1,804,000. Crossmark Global Holdings Inc. grew its holdings in Hasbro by 186.4% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 23,395 shares of the company’s stock worth $1,775,000 after acquiring an additional 15,225 shares in the last quarter. Finally, AGF Management Ltd. acquired a new position in Hasbro during the 3rd quarter worth $895,000. 91.83% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have recently commented on HAS. Jefferies Financial Group lifted their price target on shares of Hasbro from $95.00 to $112.00 and gave the company a “buy” rating in a report on Friday, February 6th. Citigroup increased their price objective on shares of Hasbro from $97.00 to $118.00 and gave the stock a “buy” rating in a research note on Thursday, February 12th. DA Davidson cut their target price on shares of Hasbro from $110.00 to $100.00 and set a “neutral” rating on the stock in a report on Friday, April 24th. Weiss Ratings cut shares of Hasbro from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday. Finally, Wells Fargo & Company assumed coverage on shares of Hasbro in a report on Wednesday, March 11th. They issued an “equal weight” rating and a $98.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $113.07.

Hasbro Stock Performance

Shares of NASDAQ HAS opened at $95.27 on Monday. The company has a quick ratio of 1.24, a current ratio of 1.38 and a debt-to-equity ratio of 4.89. The stock has a market capitalization of $13.49 billion, a price-to-earnings ratio of -40.54, a PEG ratio of 2.81 and a beta of 0.52. The stock’s fifty day simple moving average is $94.08 and its 200 day simple moving average is $87.70. Hasbro, Inc. has a 52-week low of $60.33 and a 52-week high of $106.98.

Hasbro (NASDAQ:HAS) last issued its quarterly earnings results on Tuesday, February 10th. The company reported $1.51 EPS for the quarter, beating the consensus estimate of $0.99 by $0.52. The business had revenue of $1.45 billion during the quarter, compared to the consensus estimate of $1.26 billion. Hasbro had a negative net margin of 6.86% and a positive return on equity of 127.21%. The firm’s quarterly revenue was up 31.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.46 EPS. As a group, sell-side analysts forecast that Hasbro, Inc. will post 5.74 earnings per share for the current fiscal year.

Hasbro Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Wednesday, February 18th were paid a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 2.9%. The ex-dividend date was Wednesday, February 18th. Hasbro’s dividend payout ratio is currently -119.15%.

Key Hasbro News

Here are the key news stories impacting Hasbro this week:

• Positive Sentiment: Hasbro’s high-profile launch of the life?size “Ultimate Grogu” animatronic is generating lots of press and collector buzz — a potentially high-margin, premium collectible that can lift revenue and brand attention. We Go Up Close With Ultimate Grogu
• Positive Sentiment: Early hands?on and lifestyle pieces reinforce demand signaling for the $599–$600 Grogu collectible, which could help Hasbro capture higher average selling prices among collectors. We Meet Ultimate Grogu
• Positive Sentiment: New reveals for Hasbro’s Star Wars: The Vintage Collection (classic action figures such as Original Anakin and Luuke) reinforce a steady, recurring revenue stream from collectors and hobbyists. Product pipeline activity is a constructive sign for near?term sales. Vintage Collection Reveals
• Neutral Sentiment: Hasbro is expanding branded family games (e.g., Guess Who? Pokémon edition) — incremental product news that supports stable core toy & game sales but likely won’t move the needle materially. Guess Who? Pokémon Review
• Neutral Sentiment: PR/CSR and lifestyle coverage (children’s prom event, human?interest pieces) help brand goodwill but are unlikely to have a near-term sales impact. Children’s Prom Human Interest: I’m in a relationship with Hasbro’s $599 Baby Yoda
• Negative Sentiment: Investor caution: Hasbro still shows leverage and mixed trailing metrics (elevated debt/equity and a negative trailing P/E), so even positive product news can be met with profit-taking as investors reassess sustainability of margin gains and growth. (See recent trading/financial snapshot)

Insider Activity at Hasbro

In other Hasbro news, insider Timothy J. Kilpin sold 7,773 shares of the company’s stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $103.00, for a total value of $800,619.00. Following the transaction, the insider owned 36,528 shares in the company, valued at approximately $3,762,384. This represents a 17.55% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Tarrant L. Sibley sold 15,148 shares of the stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $104.98, for a total transaction of $1,590,237.04. Following the completion of the sale, the executive vice president directly owned 50,174 shares of the company’s stock, valued at approximately $5,267,266.52. This trade represents a 23.19% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 413,342 shares of company stock worth $42,241,679 in the last 90 days. 0.71% of the stock is owned by corporate insiders.

Hasbro Profile

Hasbro, Inc is a global play and entertainment company, known for designing, manufacturing and marketing a diverse portfolio of toys, games and consumer products. Founded in 1923 as Hassenfeld Brothers and headquartered in Pawtucket, Rhode Island, the company has grown into one of the foremost names in the toy industry, with a presence in retail, digital and entertainment channels worldwide.

The company’s brand portfolio features iconic properties such as Monopoly, Play-Doh, Nerf, My Little Pony and Transformers.