Livforsakringsbolaget Skandia Omsesidigt Has $43,000 Stock Holdings in Hasbro, Inc. (NASDAQ:HAS)

Livforsakringsbolaget Skandia Omsesidigt increased its position in shares of Hasbro, Inc. (NASDAQ:HAS) by 118.4% during the 4th quarter, HoldingsChannel.com reports. The fund owned 841 shares of the company’s stock after purchasing an additional 456 shares during the period. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Hasbro were worth $43,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Worth Asset Management LLC acquired a new stake in Hasbro in the first quarter valued at approximately $27,000. Carolinas Wealth Consulting LLC raised its stake in shares of Hasbro by 60.9% during the first quarter. Carolinas Wealth Consulting LLC now owns 309 shares of the company’s stock valued at $25,000 after acquiring an additional 117 shares during the last quarter. Power Corp of Canada bought a new position in shares of Hasbro during the first quarter valued at $29,000. Studio Investment Management LLC bought a new position in shares of Hasbro during the third quarter valued at $26,000. Finally, ING Groep NV bought a new position in shares of Hasbro during the third quarter valued at $29,000. Institutional investors and hedge funds own 91.83% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently issued reports on HAS. DA Davidson reaffirmed a “neutral” rating and set a $52.00 price target on shares of Hasbro in a research note on Tuesday, March 26th. Stifel Nicolaus lifted their target price on shares of Hasbro from $64.00 to $67.00 and gave the stock a “buy” rating in a research note on Monday, April 15th. TheStreet downgraded shares of Hasbro from a “c-” rating to a “d+” rating in a research note on Tuesday, February 13th. Bank of America lifted their target price on shares of Hasbro from $51.00 to $60.00 and gave the stock a “neutral” rating in a research note on Thursday. Finally, StockNews.com raised shares of Hasbro from a “sell” rating to a “hold” rating in a research note on Monday, April 15th. Six equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, Hasbro currently has an average rating of “Hold” and an average target price of $62.80.

Hasbro Price Performance

Shares of NASDAQ HAS opened at $55.27 on Friday. The company has a 50-day moving average price of $53.39 and a 200-day moving average price of $51.06. Hasbro, Inc. has a 1 year low of $42.66 and a 1 year high of $73.57. The company has a current ratio of 1.13, a quick ratio of 0.97 and a debt-to-equity ratio of 2.73.

Hasbro (NASDAQ:HAS) last released its quarterly earnings results on Tuesday, February 13th. The company reported $0.38 earnings per share for the quarter, missing the consensus estimate of $0.64 by ($0.26). Hasbro had a positive return on equity of 16.34% and a negative net margin of 29.77%. The firm had revenue of $1.29 billion for the quarter, compared to analysts’ expectations of $1.33 billion. During the same quarter last year, the firm posted $1.31 earnings per share. The firm’s revenue for the quarter was down 23.2% compared to the same quarter last year. On average, sell-side analysts anticipate that Hasbro, Inc. will post 3.27 EPS for the current year.

Hasbro Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 15th. Investors of record on Wednesday, May 1st will be issued a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a yield of 5.07%. The ex-dividend date is Tuesday, April 30th. Hasbro’s dividend payout ratio (DPR) is presently -26.12%.

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.