Signaturefd LLC Purchases 791 Shares of Hasbro, Inc. (NASDAQ:HAS)

Signaturefd LLC boosted its holdings in Hasbro, Inc. (NASDAQ:HAS) by 41.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,708 shares of the company’s stock after purchasing an additional 791 shares during the quarter. Signaturefd LLC’s holdings in Hasbro were worth $196,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Brookstone Capital Management bought a new stake in shares of Hasbro in the 1st quarter worth $203,000. Albion Financial Group UT grew its position in Hasbro by 18.9% in the 1st quarter. Albion Financial Group UT now owns 57,096 shares of the company’s stock worth $3,227,000 after purchasing an additional 9,086 shares in the last quarter. Leeward Investments LLC MA increased its stake in Hasbro by 4.1% in the 1st quarter. Leeward Investments LLC MA now owns 202,703 shares of the company’s stock valued at $11,457,000 after buying an additional 7,934 shares during the last quarter. Principal Financial Group Inc. lifted its position in shares of Hasbro by 1.4% during the 1st quarter. Principal Financial Group Inc. now owns 149,136 shares of the company’s stock worth $8,429,000 after buying an additional 2,082 shares in the last quarter. Finally, Commonwealth Equity Services LLC lifted its position in shares of Hasbro by 77.2% during the 1st quarter. Commonwealth Equity Services LLC now owns 48,657 shares of the company’s stock worth $2,750,000 after buying an additional 21,204 shares in the last quarter. Institutional investors own 91.83% of the company’s stock.

Analysts Set New Price Targets

HAS has been the subject of a number of research analyst reports. DA Davidson increased their price target on Hasbro from $59.00 to $73.00 and gave the company a “neutral” rating in a research report on Friday. JPMorgan Chase & Co. raised their target price on Hasbro from $76.00 to $82.00 and gave the company an “overweight” rating in a research report on Monday, October 21st. Morgan Stanley boosted their price target on shares of Hasbro from $80.00 to $92.00 and gave the stock an “overweight” rating in a report on Friday. Stifel Nicolaus raised their price objective on shares of Hasbro from $78.00 to $82.00 and gave the stock a “buy” rating in a report on Tuesday, October 8th. Finally, Bank of America boosted their target price on shares of Hasbro from $90.00 to $95.00 and gave the company a “buy” rating in a research note on Tuesday, October 15th. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $77.80.

Hasbro Stock Up 0.5 %

HAS opened at $66.42 on Monday. Hasbro, Inc. has a 12 month low of $42.66 and a 12 month high of $73.46. The company has a market cap of $9.26 billion, a PE ratio of -8.90, a price-to-earnings-growth ratio of 0.53 and a beta of 0.61. The company has a current ratio of 1.46, a quick ratio of 1.27 and a debt-to-equity ratio of 2.95. The company has a 50 day moving average of $69.84 and a 200 day moving average of $63.65.

Hasbro (NASDAQ:HAS) last posted its quarterly earnings results on Thursday, October 24th. The company reported $1.73 EPS for the quarter, topping analysts’ consensus estimates of $1.31 by $0.42. Hasbro had a positive return on equity of 38.83% and a negative net margin of 22.78%. The firm had revenue of $1.28 billion during the quarter, compared to analyst estimates of $1.30 billion. During the same period last year, the company earned $1.64 earnings per share. The business’s revenue for the quarter was down 14.8% on a year-over-year basis. On average, sell-side analysts expect that Hasbro, Inc. will post 3.94 EPS for the current year.

Hasbro Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 4th. Stockholders of record on Wednesday, November 20th will be issued a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 4.22%. The ex-dividend date of this dividend is Wednesday, November 20th. Hasbro’s payout ratio is -37.53%.

Hasbro Profile

Hasbro, Inc, together with its subsidiaries, operates as a toy and game company in the United States, Europe, Canada, Mexico, Latin America, Australia, China, and Hong Kong. The company operates through Consumer Products; Wizards of the Coast and Digital Gaming; Entertainment; and Corporate and Other segments.