Banco Bilbao Vizcaya Argentaria S.A. Raises Stake in Hasbro, Inc. (NASDAQ:HAS)

Banco Bilbao Vizcaya Argentaria S.A. lifted its position in shares of Hasbro, Inc. (NASDAQ:HAS - Free Report) by 15.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 83,314 shares of the company's stock after acquiring an additional 11,214 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A. owned approximately 0.06% of Hasbro worth $4,688,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of HAS. Pacer Advisors Inc. lifted its holdings in Hasbro by 28,552.6% during the 4th quarter. Pacer Advisors Inc. now owns 2,789,613 shares of the company's stock worth $155,967,000 after buying an additional 2,779,877 shares during the period. Norges Bank acquired a new position in shares of Hasbro in the 4th quarter valued at about $96,359,000. Invesco Ltd. lifted its stake in shares of Hasbro by 28.5% in the 4th quarter. Invesco Ltd. now owns 3,159,524 shares of the company's stock valued at $176,649,000 after purchasing an additional 701,660 shares during the period. Marshall Wace LLP lifted its stake in shares of Hasbro by 23.7% in the 4th quarter. Marshall Wace LLP now owns 2,643,381 shares of the company's stock valued at $147,791,000 after purchasing an additional 507,054 shares during the period. Finally, Bank of New York Mellon Corp lifted its stake in shares of Hasbro by 40.2% in the 4th quarter. Bank of New York Mellon Corp now owns 1,485,744 shares of the company's stock valued at $83,068,000 after purchasing an additional 426,130 shares during the period. Institutional investors and hedge funds own 91.83% of the company's stock.

Hasbro Stock Down 0.8 %

HAS traded down $0.49 during midday trading on Thursday, reaching $61.41. 434,269 shares of the company were exchanged, compared to its average volume of 1,669,203. The company has a debt-to-equity ratio of 2.85, a quick ratio of 1.29 and a current ratio of 1.60. The company's fifty day moving average price is $59.11 and its 200 day moving average price is $60.93. The company has a market cap of $8.59 billion, a price-to-earnings ratio of 22.38, a price-to-earnings-growth ratio of 0.60 and a beta of 0.51. Hasbro, Inc. has a one year low of $49.00 and a one year high of $73.46.

Hasbro (NASDAQ:HAS - Get Free Report) last issued its quarterly earnings data on Thursday, April 24th. The company reported $1.04 EPS for the quarter, topping analysts' consensus estimates of $0.67 by $0.37. The firm had revenue of $887.10 million during the quarter, compared to analyst estimates of $770.60 million. Hasbro had a return on equity of 47.93% and a net margin of 9.32%. The company's revenue for the quarter was up 17.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.61 EPS. As a group, analysts expect that Hasbro, Inc. will post 4.33 EPS for the current year.

Hasbro Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 4th. Stockholders of record on Wednesday, May 21st will be issued a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 4.56%. The ex-dividend date of this dividend is Wednesday, May 21st. Hasbro's dividend payout ratio is presently 92.41%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on HAS shares. Stifel Nicolaus dropped their price objective on Hasbro from $82.00 to $77.00 and set a "buy" rating on the stock in a research note on Friday, January 3rd. Citigroup raised Hasbro from a "neutral" rating to a "buy" rating and set a $72.00 price objective on the stock in a research note on Friday, April 25th. StockNews.com lowered Hasbro from a "buy" rating to a "hold" rating in a research report on Tuesday, April 15th. Monness Crespi & Hardt raised Hasbro to a "strong-buy" rating in a research report on Tuesday, April 22nd. Finally, Roth Mkm boosted their target price on Hasbro from $68.00 to $82.00 and gave the company a "buy" rating in a research report on Friday, February 21st. Two investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, Hasbro has an average rating of "Moderate Buy" and a consensus target price of $79.89.

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.