Gotham Asset Management LLC Has $7.73 Million Stock Holdings in Hasbro, Inc. (NASDAQ:HAS)

Gotham Asset Management LLC grew its holdings in Hasbro, Inc. (NASDAQ:HAS - Free Report) by 35.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 138,273 shares of the company's stock after purchasing an additional 36,094 shares during the period. Gotham Asset Management LLC owned approximately 0.10% of Hasbro worth $7,731,000 as of its most recent filing with the Securities & Exchange Commission.

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

Analysts Set New Price Targets

A number of equities analysts have recently commented on the company. Citigroup upgraded 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. DA Davidson reiterated a "neutral" rating and set a $75.00 price objective on shares of Hasbro in a research note on Thursday. Monness Crespi & Hardt upgraded shares of Hasbro to a "strong-buy" rating in a research note on Tuesday, April 22nd. Roth Mkm boosted 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. Finally, StockNews.com downgraded shares of Hasbro from a "buy" rating to a "hold" rating in a research note on Tuesday, April 15th. Two analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $79.89.

Hasbro Stock Performance

Shares of NASDAQ HAS traded up $0.74 during mid-day trading on Friday, hitting $67.21. The company had a trading volume of 1,522,585 shares, compared to its average volume of 1,718,626. The stock has a market cap of $9.42 billion, a price-to-earnings ratio of 24.44, a PEG ratio of 0.60 and a beta of 0.54. The firm's 50 day simple moving average is $58.66 and its two-hundred day simple moving average is $60.38. The company has a debt-to-equity ratio of 2.85, a current ratio of 1.60 and a quick ratio of 1.29. Hasbro, Inc. has a 12 month low of $49.00 and a 12 month 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 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.67 by $0.37. The business 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 business's revenue for the quarter was up 17.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.61 EPS. As a group, equities research analysts forecast that Hasbro, Inc. will post 4.33 earnings per share for the current year.

Hasbro Announces Dividend

The business 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. The ex-dividend date is Wednesday, May 21st. This represents a $2.80 dividend on an annualized basis and a yield of 4.17%. Hasbro's dividend payout ratio is presently 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.