We Are One Seven LLC acquired a new stake in Hasbro, Inc. (NASDAQ:HAS) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 3,388 shares of the company’s stock, valued at approximately $308,000.
A number of other large investors have also recently bought and sold shares of the business. Wells Fargo & Company MN lifted its position in shares of Hasbro by 15.0% during the fourth quarter. Wells Fargo & Company MN now owns 3,267,434 shares of the company’s stock worth $296,977,000 after purchasing an additional 426,136 shares during the last quarter. Janus Henderson Group PLC lifted its position in shares of Hasbro by 4.6% during the third quarter. Janus Henderson Group PLC now owns 2,017,259 shares of the company’s stock worth $197,025,000 after purchasing an additional 89,358 shares during the last quarter. Victory Capital Management Inc. lifted its position in shares of Hasbro by 160.5% during the fourth quarter. Victory Capital Management Inc. now owns 1,860,233 shares of the company’s stock worth $169,076,000 after purchasing an additional 1,145,999 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Hasbro by 1.4% during the fourth quarter. Geode Capital Management LLC now owns 1,444,609 shares of the company’s stock worth $131,078,000 after purchasing an additional 19,821 shares during the last quarter. Finally, Boston Partners lifted its position in shares of Hasbro by 14.7% during the fourth quarter. Boston Partners now owns 1,443,904 shares of the company’s stock worth $131,237,000 after purchasing an additional 184,842 shares during the last quarter. 80.64% of the stock is owned by institutional investors.
In other Hasbro news, EVP Barbara Finigan sold 20,408 shares of the firm’s stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $98.23, for a total value of $2,004,677.84. Following the sale, the executive vice president now owns 19,422 shares in the company, valued at $1,907,823.06. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Wiebe Tinga sold 3,955 shares of the firm’s stock in a transaction that occurred on Friday, February 23rd. The shares were sold at an average price of $97.19, for a total transaction of $384,386.45. The disclosure for this sale can be found here. Insiders sold 394,435 shares of company stock worth $38,337,975 in the last 90 days. 11.00% of the stock is owned by company insiders.
HAS stock opened at $84.22 on Friday. 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 twelve month low of $84.06 and a twelve month high of $116.20. The stock has a market cap of $10,512.88, a PE ratio of 15.82, a price-to-earnings-growth ratio of 1.37 and a beta of 0.82.
Hasbro (NASDAQ:HAS) last issued its earnings results on Wednesday, February 7th. The company reported $2.30 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.82 by $0.48. Hasbro had a net margin of 7.61% and a return on equity of 36.36%. The firm had revenue of $1.60 billion for the quarter, compared to analysts’ expectations of $1.72 billion. During the same quarter last year, the company posted $1.64 earnings per share. Hasbro’s revenue was down 1.8% on a year-over-year basis. equities analysts expect that Hasbro, Inc. will post 5.3 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Tuesday, May 15th. Shareholders of record on Tuesday, May 1st will be paid a $0.63 dividend. The ex-dividend date is Monday, April 30th. This represents a $2.52 annualized dividend and a dividend yield of 2.99%. This is a positive change from Hasbro’s previous quarterly dividend of $0.57. Hasbro’s dividend payout ratio (DPR) is presently 73.08%.
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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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