Hasbro, Inc. (NASDAQ:HAS) Shares Purchased by BNP Paribas Financial Markets

BNP Paribas Financial Markets boosted its holdings in shares of Hasbro, Inc. (NASDAQ:HAS - Free Report) by 45.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 250,354 shares of the company's stock after acquiring an additional 77,922 shares during the period. BNP Paribas Financial Markets owned about 0.18% of Hasbro worth $13,997,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Parvin Asset Management LLC bought a new stake in shares of Hasbro in the 4th quarter valued at about $25,000. Allworth Financial LP boosted its holdings in shares of Hasbro by 120.1% in the 4th quarter. Allworth Financial LP now owns 482 shares of the company's stock valued at $28,000 after buying an additional 263 shares in the last quarter. Itau Unibanco Holding S.A. boosted its holdings in shares of Hasbro by 32.1% in the 4th quarter. Itau Unibanco Holding S.A. now owns 733 shares of the company's stock valued at $41,000 after buying an additional 178 shares in the last quarter. Canada Post Corp Registered Pension Plan acquired a new stake in Hasbro in the 4th quarter worth approximately $43,000. Finally, Resona Asset Management Co. Ltd. acquired a new stake in Hasbro in the 4th quarter worth approximately $44,000. 91.83% of the stock is currently owned by institutional investors.

Hasbro Stock Performance

Shares of NASDAQ:HAS traded up $0.19 during trading on Friday, hitting $66.66. 345,724 shares of the stock traded hands, compared to its average volume of 1,714,125. The company has a quick ratio of 1.29, a current ratio of 1.60 and a debt-to-equity ratio of 2.85. The company has a market cap of $9.34 billion, a price-to-earnings ratio of 24.26, a P/E/G ratio of 0.60 and a beta of 0.54. The company has a fifty day moving average price of $58.66 and a two-hundred day moving average price of $60.38. Hasbro, Inc. has a 52-week low of $49.00 and a 52-week high of $73.46.

Hasbro (NASDAQ:HAS - Get Free Report) last issued its quarterly earnings results on Thursday, April 24th. The company reported $1.04 EPS for the quarter, topping the consensus estimate of $0.67 by $0.37. The company had revenue of $887.10 million during the quarter, compared to analyst estimates of $770.60 million. Hasbro had a net margin of 9.32% and a return on equity of 47.93%. The firm's revenue was up 17.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.61 EPS. As a group, equities analysts predict 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 dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a dividend yield of 4.20%. The ex-dividend date of this dividend is Wednesday, May 21st. Hasbro's payout ratio is 92.41%.

Wall Street Analyst Weigh In

HAS has been the subject of a number of recent analyst reports. DA Davidson reiterated a "neutral" rating and issued a $75.00 target price on shares of Hasbro in a research note on Thursday. Monness Crespi & Hardt raised shares of Hasbro to a "strong-buy" rating in a research report on Tuesday, April 22nd. Citigroup raised shares of Hasbro from a "neutral" rating to a "buy" rating and set a $72.00 price target for the company in a research report on Friday, April 25th. StockNews.com lowered shares of Hasbro from a "buy" rating to a "hold" rating in a research report on Tuesday, April 15th. Finally, Roth Mkm raised their price target on shares of Hasbro from $68.00 to $82.00 and gave the stock a "buy" rating in a research report on Friday, February 21st. Two research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $79.89.

Hasbro Company 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.