Hasbro (HAS) News Today

Hasbro (NASDAQ:HAS - Get Free Report) announced its quarterly earnings data on Thursday. The company reported $1.22 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.77 by $0.45. The firm had revenue of $995.30 million during the quarter, compared to analysts' expectations of $941.38 million. Hasbro had a negative net margin of 29.60% and a positive return on equity of 25.41%. The company's revenue for the quarter was down 17.7% compared to the same quarter last year. During the same period in the prior year, the company posted $0.49 earnings per share.

Morgan Stanley lifted their price target on shares of Hasbro from $78.00 to $79.00 and gave the stock an "overweight" rating in a research report on Friday.

DA Davidson reissued a "neutral" rating and issued a $59.00 target price on shares of Hasbro in a report on Friday.

Hasbro, Inc. (NASDAQ:HAS) declared a quarterly dividend on Thursday, July 25th. Stockholders of record on Wednesday, August 21st will be given a dividend of 0.70 per share on Wednesday, September 4th. This represents a $2.80 annualized dividend and a dividend yield of 4.55%. The ex-dividend date is Wednesday, August 21st.

Hasbro (NASDAQ:HAS) Shares Gap Up to $59.42

UniSuper Management Pty Ltd cut its stake in Hasbro, Inc. (NASDAQ:HAS - Free Report) by 62.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,940 shares of the company's stock after selling 32,1

Edgestream Partners L.P. bought a new position in Hasbro, Inc. (NASDAQ:HAS - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 18,824 shares of the company's stock, valued at approximately $1,064,000. Several other

Intech Investment Management LLC boosted its position in Hasbro, Inc. (NASDAQ:HAS - Free Report) by 351.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 24,411 shares of the company's stock after purchasi

M&G Plc bought a new position in Hasbro, Inc. (NASDAQ:HAS - Free Report) in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 209,635 shares of the company's stock, valued at approximately $11,949,000. M&G Plc owned approximat

Motco cut its stake in Hasbro, Inc. (NASDAQ:HAS - Free Report) by 98.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 790 shares of the company's stock after selling 68,207 shares during the period. Motc

Allspring Global Investments Holdings LLC decreased its holdings in Hasbro, Inc. (NASDAQ:HAS - Free Report) by 86.3% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 7,006 shares of the company's stock after selling 43,947 shares

BNP PARIBAS ASSET MANAGEMENT Holding S.A. lowered its stake in shares of Hasbro, Inc. (NASDAQ:HAS - Free Report) by 17.6% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 247,800 shares of the company's stock after selling 52,818 shares during the period. B

Hasbro, Inc. (NASDAQ:HAS - Free Report) - Analysts at Roth Capital upped their Q2 2024 earnings per share estimates for shares of Hasbro in a research note issued to investors on Monday, July 15th. Roth Capital analyst E. Handler now anticipates that the company will post earnings of $0.71 per sh

Swiss National Bank decreased its holdings in shares of Hasbro, Inc. (NASDAQ:HAS - Free Report) by 3.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 394,800 shares of the company's stock after selling

Hasbro, Inc. (NASDAQ:HAS - Free Report) - Roth Capital boosted their FY2024 earnings per share estimates for Hasbro in a research note issued on Monday, July 15th. Roth Capital analyst E. Handler now expects that the company will earn $3.64 per share for the year, up from their previous estimate

Mirae Asset Global Investments Co. Ltd. grew its stake in Hasbro, Inc. (NASDAQ:HAS - Free Report) by 95.6% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 39,100 shares of the company's stock a

SG Americas Securities LLC increased its position in Hasbro, Inc. (NASDAQ:HAS - Free Report) by 4,052.6% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 288,399 shares of the company's stock after

Allspring Global Investments Holdings LLC cut its position in shares of Hasbro, Inc. (NASDAQ:HAS - Free Report) by 86.3% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 7,006 shares of the company's stock after selling 43,947 sh

BNP Paribas Financial Markets increased its holdings in Hasbro, Inc. (NASDAQ:HAS - Free Report) by 70.6% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 203,280 shares of the company's stock after purchasin

Financial Counselors Inc. raised its stake in Hasbro, Inc. (NASDAQ:HAS - Free Report) by 16.7% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 116,813 shares of the company's stock after buying an additional 16,67