We Are One Seven LLC Invests $308,000 in Hasbro, Inc. (HAS) Stock

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.

How to Become a New Pot Stock Millionaire

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.

Several equities analysts have recently commented on the stock. Wells Fargo reaffirmed a “market perform” rating and set a $100.00 price target (up previously from $95.00) on shares of Hasbro in a research report on Thursday, February 8th. BidaskClub raised shares of Hasbro from a “sell” rating to a “hold” rating in a research report on Thursday, February 8th. B. Riley increased their price target on shares of Hasbro from $108.00 to $110.00 and gave the stock a “buy” rating in a research report on Thursday, February 8th. KeyCorp raised their target price on shares of Hasbro from $105.00 to $110.00 and gave the stock an “overweight” rating in a report on Thursday, February 8th. Finally, BMO Capital Markets raised their target price on shares of Hasbro from $83.00 to $100.00 and gave the stock a “market perform” rating in a report on Thursday, February 8th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and six have assigned a buy rating to the company. Hasbro presently has a consensus rating of “Hold” and a consensus price target of $107.50.

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%.

COPYRIGHT VIOLATION WARNING: This article was posted by Ticker Report and is the sole property of of Ticker Report. If you are accessing this article on another domain, it was copied illegally and reposted in violation of U.S. & international trademark & copyright laws. The legal version of this article can be accessed at https://www.tickerreport.com/banking-finance/3297135/we-are-one-seven-llc-invests-308000-in-hasbro-inc-has-stock.html.

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.

Want to see what other hedge funds are holding HAS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hasbro, Inc. (NASDAQ:HAS).

Institutional Ownership by Quarter for Hasbro (NASDAQ:HAS)

Receive News & Ratings for Hasbro Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hasbro and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Head to Head Review: Cactus  & Weatherford International
Head to Head Review: Cactus & Weatherford International
Contrasting Robert Half International  & Its Peers
Contrasting Robert Half International & Its Peers
$0.26 Earnings Per Share Expected for The Hackett Group, Inc.  This Quarter
$0.26 Earnings Per Share Expected for The Hackett Group, Inc. This Quarter
Shire  Receives Consensus Recommendation of “Buy” from Analysts
Shire Receives Consensus Recommendation of “Buy” from Analysts
Comparing TearLab  and Its Rivals
Comparing TearLab and Its Rivals
Trinity Biotech  versus Its Competitors Financial Analysis
Trinity Biotech versus Its Competitors Financial Analysis


© 2006-2018 Ticker Report. Google+.