Robeco Institutional Asset Management B.V. Has $35.34 Million Stock Holdings in Hasbro, Inc. (NASDAQ:HAS)

Robeco Institutional Asset Management B.V. increased its position in shares of Hasbro, Inc. (NASDAQ:HAS) by 4.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 574,742 shares of the company’s stock after acquiring an additional 26,920 shares during the period. Robeco Institutional Asset Management B.V. owned about 0.41% of Hasbro worth $35,341,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the company. Parvin Asset Management LLC bought a new position in Hasbro in the 4th quarter valued at approximately $25,000. Sentry Investment Management LLC bought a new position in Hasbro in the 1st quarter valued at approximately $28,000. Itau Unibanco Holding S.A. lifted its stake in Hasbro by 32.1% in the 4th quarter. Itau Unibanco Holding S.A. now owns 733 shares of the company’s stock valued at $41,000 after purchasing an additional 178 shares during the last quarter. Canada Post Corp Registered Pension Plan bought a new position in Hasbro in the 4th quarter valued at approximately $43,000. Finally, Resona Asset Management Co. Ltd. bought a new position in Hasbro in the 4th quarter valued at approximately $44,000. Institutional investors and hedge funds own 91.83% of the company’s stock.

Hasbro Price Performance

Shares of NASDAQ HAS opened at $73.13 on Friday. Hasbro, Inc. has a twelve month low of $49.00 and a twelve month high of $73.46. The firm has a fifty day simple moving average of $65.26 and a 200 day simple moving average of $61.16. The company has a market capitalization of $10.25 billion, a PE ratio of 24.14, a P/E/G ratio of 1.99 and a beta of 0.56. The company has a quick ratio of 1.40, a current ratio of 1.65 and a debt-to-equity ratio of 2.78.

Hasbro (NASDAQ:HAS) last announced its earnings results on Thursday, April 24th. The company reported $1.04 earnings per share for the quarter, topping analysts’ consensus estimates of $0.67 by $0.37. Hasbro had a net margin of 9.99% and a return on equity of 51.39%. The business had revenue of $887.10 million during the quarter, compared to the consensus estimate of $770.60 million. During the same quarter last year, the firm earned $0.61 earnings per share. Hasbro’s quarterly revenue was up 17.1% on a year-over-year basis. On average, sell-side analysts forecast that Hasbro, Inc. will post 4.33 EPS for the current year.

Hasbro Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 4th. Investors of record on Wednesday, May 21st were paid a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a yield of 3.83%. The ex-dividend date was Wednesday, May 21st. Hasbro’s dividend payout ratio is presently 92.41%.

Wall Street Analysts Forecast Growth

HAS has been the subject of several research reports. Citigroup reissued a “buy” rating and issued a $79.00 price objective (up previously from $72.00) on shares of Hasbro in a research note on Monday, June 16th. Monness Crespi & Hardt raised shares of Hasbro to a “strong-buy” rating in a research note on Tuesday, April 22nd. DA Davidson reaffirmed a “neutral” rating and set a $75.00 price target on shares of Hasbro in a research note on Thursday, May 15th. Wall Street Zen raised shares of Hasbro from a “hold” rating to a “buy” rating in a research note on Thursday, May 22nd. Finally, Morgan Stanley raised their price target on shares of Hasbro from $71.00 to $77.00 and gave the company an “overweight” rating in a research note on Thursday, May 29th. One investment analyst has rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Hasbro currently has an average rating of “Buy” and an average target price of $81.25.

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.