Cwm LLC Has $97,000 Stock Position in Hasbro, Inc. (NASDAQ:HAS)

Cwm LLC lifted its stake in shares of Hasbro, Inc. (NASDAQ:HAS) by 37.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,910 shares of the company’s stock after buying an additional 517 shares during the period. Cwm LLC’s holdings in Hasbro were worth $97,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Commonwealth Equity Services LLC increased its position in Hasbro by 7.9% in the 3rd quarter. Commonwealth Equity Services LLC now owns 26,840 shares of the company’s stock valued at $1,775,000 after acquiring an additional 1,975 shares during the period. Strs Ohio bought a new position in Hasbro during the 3rd quarter worth $1,627,000. IFM Investors Pty Ltd lifted its holdings in Hasbro by 3.0% during the 3rd quarter. IFM Investors Pty Ltd now owns 27,453 shares of the company’s stock worth $1,816,000 after buying an additional 800 shares during the period. Park Avenue Securities LLC bought a new stake in shares of Hasbro in the 3rd quarter valued at about $547,000. Finally, TD Asset Management Inc increased its stake in shares of Hasbro by 7.6% in the third quarter. TD Asset Management Inc now owns 152,796 shares of the company’s stock valued at $10,106,000 after buying an additional 10,759 shares during the period. 91.83% of the stock is currently owned by institutional investors.

Hasbro Stock Performance

Shares of Hasbro stock opened at $61.16 on Wednesday. The business has a 50-day simple moving average of $56.05 and a 200 day simple moving average of $51.31. The firm has a market capitalization of $8.51 billion, a price-to-earnings ratio of -6.03, a PEG ratio of 0.99 and a beta of 0.67. The company has a debt-to-equity ratio of 2.88, a current ratio of 1.11 and a quick ratio of 0.93. Hasbro, Inc. has a one year low of $42.66 and a one year high of $73.57.

Hasbro (NASDAQ:HAS) last released its quarterly earnings data on Wednesday, April 24th. The company reported $0.61 EPS for the quarter, beating the consensus estimate of $0.27 by $0.34. Hasbro had a positive return on equity of 25.41% and a negative net margin of 29.60%. The firm had revenue of $757.30 million during the quarter, compared to the consensus estimate of $739.84 million. During the same quarter in the previous year, the company posted $0.01 earnings per share. The company’s quarterly revenue was down 24.3% on a year-over-year basis. On average, research analysts anticipate that Hasbro, Inc. will post 3.61 earnings per share for the current fiscal year.

Hasbro Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 15th. Shareholders 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 annualized dividend and a yield of 4.58%. Hasbro’s payout ratio is -27.61%.

Analysts Set New Price Targets

Several analysts recently commented on the company. Bank of America upped their target price on Hasbro from $60.00 to $70.00 and gave the company a “neutral” rating in a report on Thursday, April 25th. Jefferies Financial Group upped their price objective on shares of Hasbro from $61.00 to $63.00 and gave the company a “buy” rating in a research note on Friday, April 19th. TheStreet downgraded shares of Hasbro from a “c-” rating to a “d+” rating in a research note on Tuesday, February 13th. Roth Mkm upped their price target on shares of Hasbro from $65.00 to $75.00 and gave the company a “buy” rating in a research report on Thursday, April 25th. Finally, StockNews.com raised Hasbro from a “sell” rating to a “hold” rating in a research report on Wednesday, April 24th. Six equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $66.36.

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.