Robeco Institutional Asset Management B.V. Has $35.34 Million Holdings in Hasbro, Inc. (NASDAQ:HAS)

Robeco Institutional Asset Management B.V. lifted its holdings in Hasbro, Inc. (NASDAQ:HAS - Free Report) by 4.9% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 574,742 shares of the company's stock after purchasing an additional 26,920 shares during the quarter. Robeco Institutional Asset Management B.V. owned 0.41% of Hasbro worth $35,341,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the business. Brighton Jones LLC bought a new position in shares of Hasbro in the fourth quarter valued at approximately $317,000. Bank of New York Mellon Corp increased its position in shares of Hasbro by 40.2% during 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. Los Angeles Capital Management LLC raised its stake in shares of Hasbro by 14.8% in the 4th quarter. Los Angeles Capital Management LLC now owns 11,788 shares of the company's stock worth $659,000 after buying an additional 1,516 shares in the last quarter. Proficio Capital Partners LLC bought a new stake in shares of Hasbro in the 4th quarter worth $957,000. Finally, Smartleaf Asset Management LLC lifted its holdings in shares of Hasbro by 225.4% in the fourth quarter. Smartleaf Asset Management LLC now owns 2,704 shares of the company's stock valued at $151,000 after buying an additional 1,873 shares during the period. 91.83% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have weighed in on HAS. Morgan Stanley upped their price target on shares of Hasbro from $71.00 to $77.00 and gave the company an "overweight" rating in a report on Thursday, May 29th. The Goldman Sachs Group raised Hasbro from a "neutral" rating to a "buy" rating and upped their target price for the company from $66.00 to $85.00 in a report on Monday. Wall Street Zen raised Hasbro from a "hold" rating to a "buy" rating in a research note on Thursday, May 22nd. Monness Crespi & Hardt raised shares of Hasbro to a "strong-buy" rating in a research note on Tuesday, April 22nd. Finally, Citigroup reaffirmed a "buy" rating and issued a $79.00 price objective (up previously from $72.00) on shares of Hasbro in a research note on Monday, June 16th. One research analyst has rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Buy" and an average price target of $81.67.

Hasbro Stock Up 4.3%

HAS stock traded up $3.17 during midday trading on Tuesday, reaching $76.99. The company had a trading volume of 5,231,133 shares, compared to its average volume of 1,707,523. The company has a 50 day moving average of $66.21 and a two-hundred day moving average of $61.31. The company has a market capitalization of $10.79 billion, a P/E ratio of 25.41, a PEG ratio of 2.03 and a beta of 0.59. Hasbro, Inc. has a 1 year low of $49.00 and a 1 year high of $78.83. The company has a current ratio of 1.65, a quick ratio of 1.40 and a debt-to-equity ratio of 2.78.

Hasbro (NASDAQ:HAS - Get Free Report) last released its quarterly earnings data on Thursday, April 24th. The company reported $1.04 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.67 by $0.37. Hasbro had a return on equity of 51.39% and a net margin of 9.99%. The firm had revenue of $887.10 million during the quarter, compared to analysts' expectations of $770.60 million. During the same quarter last year, the firm earned $0.61 earnings per share. The business's revenue for the quarter was up 17.1% on a year-over-year basis. On average, equities research analysts expect that Hasbro, Inc. will post 4.33 earnings per share for the current fiscal year.

Hasbro Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 4th. Investors of record on Wednesday, May 21st were paid a $0.70 dividend. The ex-dividend date was Wednesday, May 21st. This represents a $2.80 annualized dividend and a dividend yield of 3.64%. Hasbro's payout ratio is 92.41%.

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.