Mn Services Vermogensbeheer B.V. Has $3.09 Million Stock Holdings in Hasbro, Inc. (NASDAQ:HAS)

Mn Services Vermogensbeheer B.V. lessened its position in Hasbro, Inc. (NASDAQ:HAS) by 4.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 60,422 shares of the company’s stock after selling 3,000 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in Hasbro were worth $3,085,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Carolinas Wealth Consulting LLC increased its position in shares of Hasbro by 60.9% during the 1st quarter. Carolinas Wealth Consulting LLC now owns 309 shares of the company’s stock worth $25,000 after purchasing an additional 117 shares during the last quarter. Studio Investment Management LLC acquired a new position in shares of Hasbro during the 3rd quarter worth approximately $26,000. Worth Asset Management LLC acquired a new position in shares of Hasbro during the 1st quarter worth approximately $27,000. ING Groep NV acquired a new position in shares of Hasbro during the 3rd quarter worth approximately $29,000. Finally, Power Corp of Canada acquired a new position in shares of Hasbro during the 1st quarter worth approximately $29,000. Institutional investors and hedge funds own 91.83% of the company’s stock.

Hasbro Trading Down 1.0 %

Hasbro stock opened at $55.03 on Wednesday. The company has a debt-to-equity ratio of 2.73, a current ratio of 1.13 and a quick ratio of 0.97. Hasbro, Inc. has a 52 week low of $42.66 and a 52 week high of $73.57. The stock has a fifty day moving average of $53.12 and a 200-day moving average of $51.15.

Hasbro (NASDAQ:HAS) last posted its quarterly earnings results on Tuesday, February 13th. The company reported $0.38 EPS for the quarter, missing analysts’ consensus estimates 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 business had revenue of $1.29 billion for the quarter, compared to analyst estimates of $1.33 billion. During the same period last year, the firm posted $1.31 EPS. Hasbro’s quarterly revenue was down 23.2% on a year-over-year basis. Equities research analysts forecast that Hasbro, Inc. will post 3.24 EPS for the current fiscal year.

Hasbro Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 15th. Stockholders of record on Wednesday, May 1st will be issued a dividend of $0.70 per share. The ex-dividend date is Tuesday, April 30th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 5.09%. Hasbro’s dividend payout ratio (DPR) is currently -26.12%.

Analyst Ratings Changes

A number of research analysts recently weighed in on HAS shares. JPMorgan Chase & Co. boosted their target price on Hasbro from $52.00 to $54.00 and gave the stock a “neutral” rating in a report on Wednesday, February 14th. Stifel Nicolaus boosted their target price on Hasbro from $64.00 to $67.00 and gave the stock a “buy” rating in a report on Monday. TheStreet lowered Hasbro from a “c-” rating to a “d+” rating in a report on Tuesday, February 13th. Jefferies Financial Group boosted their target price on Hasbro from $58.00 to $61.00 and gave the stock a “buy” rating in a report on Friday, March 15th. Finally, DA Davidson reissued a “neutral” rating and set a $52.00 target price on shares of Hasbro in a report on Tuesday, March 26th. Six analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $61.90.

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.