Ameritas Investment Partners Inc. Has $3.06 Million Position in Hasbro, Inc. (HAS)

Ameritas Investment Partners Inc. lessened its holdings in Hasbro, Inc. (NASDAQ:HAS) by 11.9% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 31,292 shares of the company’s stock after selling 4,228 shares during the quarter. Ameritas Investment Partners Inc.’s holdings in Hasbro were worth $3,058,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. Benjamin F. Edwards & Company Inc. raised its position in Hasbro by 7,100.0% in the 3rd quarter. Benjamin F. Edwards & Company Inc. now owns 1,080 shares of the company’s stock worth $105,000 after purchasing an additional 1,065 shares during the period. YorkBridge Wealth Partners LLC raised its position in Hasbro by 2.8% in the 2nd quarter. YorkBridge Wealth Partners LLC now owns 1,164 shares of the company’s stock worth $129,000 after purchasing an additional 32 shares during the period. San Francisco Sentry Investment Group CA purchased a new position in Hasbro in the 2nd quarter worth $155,000. Paradigm Asset Management Co. LLC purchased a new position in Hasbro in the 2nd quarter worth $167,000. Finally, Highstreet Asset Management Inc. raised its position in Hasbro by 105.2% in the 3rd quarter. Highstreet Asset Management Inc. now owns 1,584 shares of the company’s stock worth $155,000 after purchasing an additional 812 shares during the period. Institutional investors own 79.83% of the company’s stock.

Hasbro, Inc. (NASDAQ:HAS) opened at $92.02 on Wednesday. Hasbro, Inc. has a 52-week low of $77.20 and a 52-week high of $116.20. The stock has a market cap of $11,379.40, a PE ratio of 19.48, a price-to-earnings-growth ratio of 1.83 and a beta of 0.86. The company has a debt-to-equity ratio of 0.87, a current ratio of 2.53 and a quick ratio of 2.11.

Hasbro (NASDAQ:HAS) last released its quarterly earnings data on Monday, October 23rd. The company reported $2.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.94 by $0.15. Hasbro had a net margin of 11.34% and a return on equity of 31.74%. The firm had revenue of $1.79 billion for the quarter, compared to analysts’ expectations of $1.77 billion. During the same quarter in the previous year, the company earned $2.03 earnings per share. The company’s revenue for the quarter was up 6.6% compared to the same quarter last year. equities research analysts expect that Hasbro, Inc. will post 5 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, February 15th. Investors of record on Thursday, February 1st will be given a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a dividend yield of 2.48%. The ex-dividend date is Wednesday, January 31st. Hasbro’s dividend payout ratio is currently 48.72%.

A number of brokerages recently commented on HAS. Zacks Investment Research upgraded shares of Hasbro from a “hold” rating to a “buy” rating and set a $107.00 target price on the stock in a research report on Thursday, September 14th. DA Davidson reiterated a “buy” rating and issued a $124.00 target price (up previously from $121.00) on shares of Hasbro in a research report on Tuesday, October 24th. UBS set a $104.00 target price on shares of Hasbro and gave the stock a “hold” rating in a research report on Monday, November 13th. SunTrust Banks restated a “hold” rating and issued a $102.00 price objective on shares of Hasbro in a research report on Thursday, October 12th. Finally, KeyCorp restated a “buy” rating and issued a $105.00 price objective on shares of Hasbro in a research report on Tuesday, October 24th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating and six have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $105.99.

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About Hasbro

Hasbro, Inc (Hasbro) is a play and entertainment company. The Company’s operating segments include the U.S. and Canada, International, and Entertainment and Licensing. From toys and games to content development, including television programming, motion pictures, digital gaming and a consumer products licensing program, Hasbro fulfills the fundamental need for play and connection for children and families around the world.

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Institutional Ownership by Quarter for Hasbro (NASDAQ:HAS)

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