Generali Investments CEE investicni spolecnost a.s. Purchases New Stake in Hasbro, Inc. (NASDAQ:HAS)

Generali Investments CEE investicni spolecnost a.s. acquired a new position in shares of Hasbro, Inc. (NASDAQ:HAS) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 10,200 shares of the company’s stock, valued at approximately $570,000.

Several other large investors also recently made changes to their positions in HAS. True Wealth Design LLC purchased a new stake in shares of Hasbro during the 3rd quarter valued at about $31,000. Allworth Financial LP grew its position in Hasbro by 120.1% in the fourth quarter. Allworth Financial LP now owns 482 shares of the company’s stock valued at $28,000 after acquiring an additional 263 shares in the last quarter. Itau Unibanco Holding S.A. acquired a new stake in Hasbro in the third quarter valued at approximately $40,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of Hasbro during the third quarter valued at approximately $45,000. Finally, Ashton Thomas Securities LLC acquired a new position in shares of Hasbro during the third quarter worth $49,000. Institutional investors and hedge funds own 91.83% of the company’s stock.

Analyst Ratings Changes

HAS has been the topic of several analyst reports. Stifel Nicolaus dropped their price target on shares of Hasbro from $82.00 to $77.00 and set a “buy” rating on the stock in a research note on Friday, January 3rd. DA Davidson lifted their target price on Hasbro from $73.00 to $75.00 and gave the stock a “neutral” rating in a research report on Monday, February 24th. Roth Mkm increased their price target on Hasbro from $68.00 to $82.00 and gave the company a “buy” rating in a report on Friday, February 21st. Finally, Morgan Stanley restated an “overweight” rating and set a $84.00 price objective (down previously from $88.00) on shares of Hasbro in a research note on Friday, February 21st. Two analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $80.22.

Hasbro Trading Up 1.3 %

NASDAQ:HAS opened at $64.35 on Friday. The business’s 50 day moving average is $59.89 and its two-hundred day moving average is $64.23. Hasbro, Inc. has a 52 week low of $50.89 and a 52 week high of $73.46. The company has a market cap of $8.98 billion, a PE ratio of 23.40, a P/E/G ratio of 0.60 and a beta of 0.51. The company has a quick ratio of 1.29, a current ratio of 1.60 and a debt-to-equity ratio of 2.85.

Hasbro (NASDAQ:HAS) last issued its earnings results on Thursday, February 20th. The company reported $0.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.36 by $0.10. Hasbro had a net margin of 9.32% and a return on equity of 47.93%. The firm had revenue of $1.10 billion for the quarter, compared to analysts’ expectations of $1.02 billion. On average, analysts predict that Hasbro, Inc. will post 4.33 EPS for the current year.

Hasbro Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 12th. Shareholders of record on Monday, March 3rd will be paid a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a yield of 4.35%. The ex-dividend date is Monday, March 3rd. Hasbro’s payout ratio is 101.82%.

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.