Dimensional Fund Advisors LP Has $115.18 Million Stock Holdings in Hasbro, Inc. (NASDAQ:HAS)

Dimensional Fund Advisors LP lifted its stake in Hasbro, Inc. (NASDAQ:HAS - Free Report) by 8.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,060,170 shares of the company's stock after acquiring an additional 165,919 shares during the period. Dimensional Fund Advisors LP owned 1.48% of Hasbro worth $115,183,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Allworth Financial LP raised its position in shares of Hasbro by 120.1% in the fourth quarter. Allworth Financial LP now owns 482 shares of the company's stock valued at $28,000 after purchasing an additional 263 shares during the period. Wilmington Savings Fund Society FSB acquired a new position in Hasbro in the 3rd quarter valued at $45,000. Resona Asset Management Co. Ltd. bought a new position in Hasbro in the 4th quarter worth $44,000. Canada Post Corp Registered Pension Plan acquired a new position in Hasbro during the 4th quarter worth $43,000. Finally, Principal Securities Inc. boosted its holdings in Hasbro by 16.4% during the fourth quarter. Principal Securities Inc. now owns 1,478 shares of the company's stock valued at $83,000 after acquiring an additional 208 shares during the period. 91.83% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on HAS shares. DA Davidson upgraded Hasbro to a "hold" rating in a research note on Monday, April 14th. StockNews.com lowered Hasbro from a "buy" rating to a "hold" rating in a report on Tuesday, April 15th. Roth Mkm raised their price objective on shares of Hasbro from $68.00 to $82.00 and gave the stock a "buy" rating in a research note on Friday, February 21st. Stifel Nicolaus reduced their price target on shares of Hasbro from $82.00 to $77.00 and set a "buy" rating for the company in a report on Friday, January 3rd. Finally, Citigroup upgraded shares of Hasbro from a "neutral" rating to a "buy" rating and set a $72.00 price objective on the stock in a report on Friday, April 25th. Two investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Hasbro presently has an average rating of "Moderate Buy" and a consensus price target of $79.89.

Hasbro Price Performance

HAS stock traded up $0.33 during trading on Wednesday, hitting $61.90. The company had a trading volume of 2,265,226 shares, compared to its average volume of 1,673,805. The company has a current ratio of 1.60, a quick ratio of 1.29 and a debt-to-equity ratio of 2.85. The company has a fifty day moving average price of $59.22 and a two-hundred day moving average price of $60.92. Hasbro, Inc. has a fifty-two week low of $49.00 and a fifty-two week high of $73.46. The company has a market cap of $8.66 billion, a P/E ratio of 22.51, a P/E/G ratio of 0.60 and a beta of 0.51.

Hasbro (NASDAQ:HAS - Get Free Report) last posted its earnings results on Thursday, April 24th. The company reported $1.04 earnings per share for the quarter, topping the consensus estimate of $0.67 by $0.37. Hasbro had a net margin of 9.32% and a return on equity of 47.93%. The business had revenue of $887.10 million for the quarter, compared to analyst estimates of $770.60 million. During the same quarter in the prior year, the firm earned $0.61 EPS. The firm's quarterly revenue was up 17.1% compared to the same quarter last year. Equities research analysts expect that Hasbro, Inc. will post 4.33 earnings per share for the current fiscal year.

Hasbro Announces Dividend

The company also recently disclosed 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 annualized dividend and a dividend yield of 4.52%. The ex-dividend date is Wednesday, May 21st. Hasbro's payout ratio is 92.41%.

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.