Quantinno Capital Management LP Has $1.40 Million Holdings in Hasbro, Inc. (NASDAQ:HAS)

Quantinno Capital Management LP decreased its holdings in shares of Hasbro, Inc. (NASDAQ:HAS - Free Report) by 14.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 24,962 shares of the company's stock after selling 4,283 shares during the period. Quantinno Capital Management LP's holdings in Hasbro were worth $1,396,000 as of its most recent SEC filing.

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

Hasbro Stock Down 0.8%

Shares of HAS stock traded down $0.55 on Wednesday, hitting $66.83. 192,808 shares of the stock were exchanged, compared to its average volume of 1,714,619. 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 firm has a market capitalization of $9.36 billion, a P/E ratio of 24.32, a price-to-earnings-growth ratio of 0.60 and a beta of 0.54. Hasbro, Inc. has a fifty-two week low of $49.00 and a fifty-two week high of $73.46. The business has a 50-day moving average of $59.66 and a 200 day moving average of $60.43.

Hasbro (NASDAQ:HAS - Get Free Report) last released its quarterly earnings results on Thursday, April 24th. The company reported $1.04 earnings per share 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 the consensus estimate of $770.60 million. Hasbro had a return on equity of 47.93% and a net margin of 9.32%. The business's revenue was up 17.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.61 EPS. Equities analysts anticipate 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. Investors of record on Wednesday, May 21st will be given a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a yield of 4.19%. The ex-dividend date is Wednesday, May 21st. Hasbro's dividend payout ratio (DPR) is currently 92.41%.

Analysts Set New Price Targets

A number of brokerages have commented on HAS. Morgan Stanley reissued an "overweight" rating and set a $84.00 price objective (down previously from $88.00) on shares of Hasbro in a report on Friday, February 21st. DA Davidson reissued a "neutral" rating and set a $75.00 price objective on shares of Hasbro in a report on Thursday, May 15th. Citigroup raised shares of Hasbro from a "neutral" rating to a "buy" rating and set a $72.00 target price on the stock in a research note on Friday, April 25th. Wall Street Zen raised shares of Hasbro from a "hold" rating to a "buy" rating in a research note on Thursday, May 22nd. Finally, Monness Crespi & Hardt upgraded Hasbro to a "strong-buy" rating in a report on Tuesday, April 22nd. One analyst has rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Buy" and an average price target of $81.25.

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.