Hasbro, Inc. (NASDAQ:HAS) Shares Acquired by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. increased its position in shares of Hasbro, Inc. (NASDAQ:HAS) by 182.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,443 shares of the company’s stock after buying an additional 932 shares during the period. TD Waterhouse Canada Inc.’s holdings in Hasbro were worth $81,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in HAS. Virtu Financial LLC acquired a new stake in shares of Hasbro in the 3rd quarter valued at $501,000. Wilmington Savings Fund Society FSB acquired a new stake in Hasbro in the third quarter valued at $45,000. Optimist Retirement Group LLC acquired a new stake in Hasbro in the third quarter valued at $280,000. American Trust purchased a new stake in Hasbro during the 3rd quarter worth about $634,000. Finally, Principal Financial Group Inc. boosted its position in shares of Hasbro by 3.9% during the 3rd quarter. Principal Financial Group Inc. now owns 153,904 shares of the company’s stock worth $11,130,000 after acquiring an additional 5,771 shares in the last quarter. Institutional investors and hedge funds own 91.83% of the company’s stock.

Hasbro Stock Performance

Shares of HAS stock opened at $60.99 on Monday. The stock’s 50-day moving average price is $59.37 and its 200 day moving average price is $60.99. The company has a quick ratio of 1.29, a current ratio of 1.60 and a debt-to-equity ratio of 2.85. The stock has a market capitalization of $8.53 billion, a PE ratio of 22.18, a price-to-earnings-growth ratio of 0.60 and a beta of 0.51. Hasbro, Inc. has a 52-week low of $49.00 and a 52-week high of $73.46.

Hasbro (NASDAQ:HAS) last released its earnings results 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. The business had revenue of $887.10 million for 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%. During the same quarter in the previous year, the company posted $0.61 earnings per share. As a group, equities research analysts forecast that Hasbro, Inc. will post 4.33 EPS for the current year.

Hasbro Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 4th. Stockholders of record on Wednesday, May 21st will be paid a dividend of $0.70 per share. The ex-dividend date is Wednesday, May 21st. This represents a $2.80 dividend on an annualized basis and a dividend yield of 4.59%. Hasbro’s dividend payout ratio (DPR) is 101.82%.

Analyst Ratings Changes

Several research firms recently weighed in on HAS. Morgan Stanley restated an “overweight” rating and set a $84.00 target price (down previously from $88.00) on shares of Hasbro in a research note on Friday, February 21st. Monness Crespi & Hardt upgraded shares of Hasbro to a “strong-buy” rating in a report on Tuesday, April 22nd. Stifel Nicolaus dropped their target price on shares of Hasbro from $82.00 to $77.00 and set a “buy” rating on the stock in a research report on Friday, January 3rd. Roth Mkm boosted their price target on shares of Hasbro from $68.00 to $82.00 and gave the company a “buy” rating in a research report on Friday, February 21st. Finally, DA Davidson raised Hasbro to a “hold” rating in a report on Monday, April 14th. Two equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $79.89.

About Hasbro

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.