Hasbro, Inc. (HAS) Shares Sold by Unigestion Holding SA

Share on StockTwits

Unigestion Holding SA decreased its holdings in Hasbro, Inc. (NASDAQ:HAS) by 6.6% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 489,563 shares of the company’s stock after selling 34,436 shares during the period. Unigestion Holding SA owned about 0.39% of Hasbro worth $39,778,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the business. Sigma Planning Corp boosted its holdings in Hasbro by 4.4% in the fourth quarter. Sigma Planning Corp now owns 2,662 shares of the company’s stock worth $216,000 after purchasing an additional 112 shares during the last quarter. CWM LLC boosted its stake in shares of Hasbro by 20.3% during the 4th quarter. CWM LLC now owns 884 shares of the company’s stock worth $72,000 after acquiring an additional 149 shares during the last quarter. Endurance Wealth Management Inc. boosted its stake in shares of Hasbro by 0.3% during the 4th quarter. Endurance Wealth Management Inc. now owns 55,788 shares of the company’s stock worth $4,533,000 after acquiring an additional 150 shares during the last quarter. Synovus Financial Corp boosted its stake in shares of Hasbro by 17.7% during the 4th quarter. Synovus Financial Corp now owns 1,064 shares of the company’s stock worth $86,000 after acquiring an additional 160 shares during the last quarter. Finally, First Hawaiian Bank boosted its stake in shares of Hasbro by 2.4% during the 4th quarter. First Hawaiian Bank now owns 7,124 shares of the company’s stock worth $579,000 after acquiring an additional 165 shares during the last quarter. Hedge funds and other institutional investors own 86.78% of the company’s stock.

In other news, Director Alan G. Hassenfeld sold 302,220 shares of the stock in a transaction that occurred on Tuesday, November 27th. The stock was sold at an average price of $97.54, for a total transaction of $29,478,538.80. Following the transaction, the director now owns 30,945 shares in the company, valued at $3,018,375.30. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 9.90% of the stock is currently owned by company insiders.

Shares of Hasbro stock traded down $0.20 during trading hours on Friday, hitting $86.09. The company’s stock had a trading volume of 435,971 shares, compared to its average volume of 1,545,422. Hasbro, Inc. has a 12 month low of $76.84 and a 12 month high of $109.60. The company has a market capitalization of $11.00 billion, a P/E ratio of 22.36, a price-to-earnings-growth ratio of 1.62 and a beta of 0.99. The company has a debt-to-equity ratio of 0.97, a current ratio of 2.42 and a quick ratio of 2.07.

Hasbro (NASDAQ:HAS) last announced its earnings results on Friday, February 8th. The company reported $1.33 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.68 by ($0.35). The firm had revenue of $1.39 billion for the quarter, compared to the consensus estimate of $1.53 billion. Hasbro had a return on equity of 28.01% and a net margin of 4.81%. Hasbro’s revenue for the quarter was down 13.0% on a year-over-year basis. During the same quarter last year, the business posted $2.30 EPS. On average, equities analysts anticipate that Hasbro, Inc. will post 4.59 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 15th. Stockholders of record on Wednesday, May 1st will be paid a dividend of $0.68 per share. The ex-dividend date of this dividend is Tuesday, April 30th. This represents a $2.72 dividend on an annualized basis and a dividend yield of 3.16%. This is a positive change from Hasbro’s previous quarterly dividend of $0.63. Hasbro’s dividend payout ratio (DPR) is 65.45%.

HAS has been the subject of several recent analyst reports. Monness Crespi & Hardt upgraded shares of Hasbro from a “neutral” rating to a “buy” rating and set a $109.00 price objective for the company in a research note on Monday, February 11th. TheStreet lowered Hasbro from a “b-” rating to a “c” rating in a report on Friday, February 8th. Citigroup lowered their target price on Hasbro from $116.00 to $114.00 and set a “buy” rating on the stock in a report on Tuesday, October 30th. Zacks Investment Research raised Hasbro from a “sell” rating to a “hold” rating in a report on Thursday, January 3rd. Finally, MKM Partners lowered their target price on Hasbro to $102.00 and set a “buy” rating on the stock in a report on Friday, January 18th. Three research analysts have rated the stock with a sell rating, five have issued a hold rating and ten have assigned a buy rating to the company’s stock. Hasbro currently has a consensus rating of “Hold” and a consensus target price of $103.73.

ILLEGAL ACTIVITY NOTICE: “Hasbro, Inc. (HAS) Shares Sold by Unigestion Holding SA” was originally reported by Macon Daily and is the sole property of of Macon Daily. If you are reading this story on another website, it was stolen and republished in violation of US and international trademark and copyright laws. The correct version of this story can be read at https://macondaily.com/2019/02/22/hasbro-inc-has-shares-sold-by-unigestion-holding-sa.html.

About Hasbro

Hasbro, Inc, together with its subsidiaries, operates as a play and entertainment company. The company's U.S. and Canada segment markets and sells action figures, arts and crafts, and creative play products; electronic toys and related electronic interactive products; fashion and other dolls, infant products, play sets, preschool toys, plush products, and sports action blasters and accessories; and vehicles and toy-related specialty products, as well as traditional board games, and trading card and role-playing games primarily in the United States and Canada.

Further Reading: How to read a candlestick chart

Want to see what other hedge funds are holding HAS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hasbro, Inc. (NASDAQ:HAS).

Institutional Ownership by Quarter for Hasbro (NASDAQ:HAS)

Receive News & Ratings for Hasbro Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hasbro and related companies with MarketBeat.com's FREE daily email newsletter.