Daiwa Securities Group Inc. Has $637,000 Stake in Hasbro, Inc. (NASDAQ:HAS)

Daiwa Securities Group Inc. boosted its holdings in shares of Hasbro, Inc. (NASDAQ:HAS) by 15.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,483 shares of the company’s stock after buying an additional 1,679 shares during the period. Daiwa Securities Group Inc.’s holdings in Hasbro were worth $637,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Aigen Investment Management LP bought a new stake in shares of Hasbro in the 3rd quarter valued at approximately $1,250,000. Janney Montgomery Scott LLC grew its position in Hasbro by 6.5% in the third quarter. Janney Montgomery Scott LLC now owns 47,369 shares of the company’s stock valued at $3,133,000 after acquiring an additional 2,875 shares during the period. Albion Financial Group UT raised its stake in Hasbro by 105.7% during the third quarter. Albion Financial Group UT now owns 58,743 shares of the company’s stock worth $3,885,000 after acquiring an additional 30,192 shares in the last quarter. Assenagon Asset Management S.A. boosted its stake in shares of Hasbro by 125.3% in the 3rd quarter. Assenagon Asset Management S.A. now owns 27,807 shares of the company’s stock valued at $1,839,000 after purchasing an additional 15,466 shares in the last quarter. Finally, Cary Street Partners Investment Advisory LLC grew its holdings in shares of Hasbro by 2,610.0% in the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 43,414 shares of the company’s stock worth $2,871,000 after purchasing an additional 41,812 shares during the last quarter. Institutional investors own 91.83% of the company’s stock.

Hasbro Stock Performance

Shares of NASDAQ:HAS opened at $64.97 on Friday. 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, Inc. has a 1-year low of $42.66 and a 1-year high of $73.57. The stock has a market capitalization of $9.02 billion, a P/E ratio of -6.06, a P/E/G ratio of 1.01 and a beta of 0.74. The business has a 50-day moving average price of $54.16 and a two-hundred day moving average price of $51.14.

Hasbro (NASDAQ:HAS) last posted its quarterly earnings results on Wednesday, April 24th. The company reported $0.61 earnings per share for the quarter, topping analysts’ consensus estimates of $0.27 by $0.34. Hasbro had a negative net margin of 29.77% and a positive return on equity of 16.34%. The business had revenue of $757.30 million during the quarter, compared to the consensus estimate of $739.84 million. During the same period in the previous year, the firm posted $0.01 earnings per share. Hasbro’s revenue for the quarter was down 24.3% compared to the same quarter last year. Equities analysts predict that Hasbro, Inc. will post 3.26 earnings per share for the current year.

Hasbro Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 15th. Investors of record on Wednesday, May 1st will be paid a dividend of $0.70 per share. The ex-dividend date of this dividend is Tuesday, April 30th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 4.31%. Hasbro’s dividend payout ratio (DPR) is presently -26.12%.

Analyst Ratings Changes

HAS has been the subject of several recent analyst reports. TheStreet lowered shares of Hasbro from a “c-” rating to a “d+” rating in a report on Tuesday, February 13th. Jefferies Financial Group raised their price target on Hasbro from $61.00 to $63.00 and gave the company a “buy” rating in a report on Friday, April 19th. StockNews.com upgraded Hasbro from a “sell” rating to a “hold” rating in a research report on Wednesday. Stifel Nicolaus increased their target price on Hasbro from $64.00 to $67.00 and gave the stock a “buy” rating in a report on Monday, April 15th. Finally, DA Davidson restated a “neutral” rating and issued a $52.00 target price on shares of Hasbro in a research note on Tuesday, March 26th. Six analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $65.73.

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.