Public Employees Retirement System of Ohio Has $12.35 Million Position in Hasbro, Inc. (HAS)

Public Employees Retirement System of Ohio increased its position in Hasbro, Inc. (NASDAQ:HAS) by 124.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 110,723 shares of the company’s stock after acquiring an additional 61,374 shares during the quarter. Public Employees Retirement System of Ohio owned about 0.09% of Hasbro worth $12,347,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. YorkBridge Wealth Partners LLC boosted its stake 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. Meeder Asset Management Inc. bought a new position in Hasbro in the 1st quarter worth approximately $131,000. Oakworth Capital Inc. boosted its stake in Hasbro by 7.2% in the 2nd quarter. Oakworth Capital Inc. now owns 1,207 shares of the company’s stock worth $135,000 after purchasing an additional 81 shares during the period. San Francisco Sentry Investment Group CA bought a new position in Hasbro in the 2nd quarter worth approximately $155,000. Finally, Paradigm Asset Management Co. LLC bought a new position in Hasbro in the 2nd quarter worth approximately $167,000. 77.66% of the stock is owned by institutional investors.

In related news, Director Alan G. Hassenfeld sold 216,851 shares of the business’s stock in a transaction on Wednesday, August 2nd. The stock was sold at an average price of $106.07, for a total value of $23,001,385.57. Following the sale, the director now owns 29,140 shares in the company, valued at approximately $3,090,879.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Alan G. Hassenfeld sold 280,906 shares of the business’s stock in a transaction on Monday, July 31st. The shares were sold at an average price of $105.68, for a total value of $29,686,146.08. Following the completion of the sale, the director now owns 29,140 shares in the company, valued at approximately $3,079,515.20. The disclosure for this sale can be found here. Insiders sold a total of 1,423,264 shares of company stock worth $145,144,664 in the last quarter. Company insiders own 11.00% of the company’s stock.

COPYRIGHT VIOLATION WARNING: “Public Employees Retirement System of Ohio Has $12.35 Million Position in Hasbro, Inc. (HAS)” was first posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this story on another website, it was copied illegally and republished in violation of United States & international copyright & trademark law. The original version of this story can be accessed at https://ledgergazette.com/2017/10/18/public-employees-retirement-system-of-ohio-has-12-35-million-position-in-hasbro-inc-has.html.

HAS has been the subject of a number of research reports. BidaskClub upgraded Hasbro from a “buy” rating to a “strong-buy” rating in a research report on Thursday, June 22nd. Stifel Nicolaus reiterated a “hold” rating and set a $107.00 target price (up from $100.00) on shares of Hasbro in a research report on Thursday, July 13th. Zacks Investment Research upgraded Hasbro from a “hold” rating to a “buy” rating and set a $125.00 target price for the company in a research report on Friday, July 14th. Jefferies Group LLC reiterated a “buy” rating and set a $125.00 target price on shares of Hasbro in a research report on Friday, July 21st. Finally, DA Davidson reiterated a “buy” rating and set a $121.00 target price (up from $118.00) on shares of Hasbro in a research report on Saturday, July 22nd. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and six have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $107.18.

Hasbro, Inc. (NASDAQ:HAS) traded down 0.04% during mid-day trading on Wednesday, reaching $96.52. The company’s stock had a trading volume of 97,063 shares. The stock has a market cap of $12.07 billion, a price-to-earnings ratio of 20.91 and a beta of 0.92. The firm’s 50 day moving average price is $95.97 and its 200 day moving average price is $101.81. Hasbro, Inc. has a 12-month low of $77.20 and a 12-month high of $116.20.

Hasbro (NASDAQ:HAS) last announced its quarterly earnings results on Monday, July 24th. The company reported $0.53 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.46 by $0.07. Hasbro had a return on equity of 32.24% and a net margin of 11.44%. The business had revenue of $972.51 million for the quarter, compared to analyst estimates of $974.19 million. During the same quarter in the prior year, the company posted $0.41 EPS. The company’s quarterly revenue was up 10.6% on a year-over-year basis. On average, equities analysts predict that Hasbro, Inc. will post $5.07 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 15th. Investors of record on Wednesday, November 1st will be issued a $0.57 dividend. The ex-dividend date of this dividend is Tuesday, October 31st. This represents a $2.28 annualized dividend and a dividend yield of 2.36%. Hasbro’s dividend payout ratio is presently 49.35%.

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

Other institutional investors have also recently added to or reduced their stakes in the company. YorkBridge Wealth Partners LLC boosted its stake 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. Meeder Asset Management Inc. bought a new position in Hasbro in the 1st quarter worth approximately $131,000. Oakworth Capital Inc. boosted its stake in Hasbro by 7.2% in the 2nd quarter. Oakworth Capital Inc. now owns 1,207 shares of the company’s stock worth $135,000 after purchasing an additional 81 shares during the period. San Francisco Sentry Investment Group CA bought a new position in Hasbro in the 2nd quarter worth approximately $155,000. Finally, Paradigm Asset Management Co. LLC bought a new position in Hasbro in the 2nd quarter worth approximately $167,000. 77.66% of the stock is owned by institutional investors.

In related news, Director Alan G. Hassenfeld sold 216,851 shares of the business’s stock in a transaction on Wednesday, August 2nd. The stock was sold at an average price of $106.07, for a total value of $23,001,385.57. Following the sale, the director now owns 29,140 shares in the company, valued at approximately $3,090,879.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Alan G. Hassenfeld sold 280,906 shares of the business’s stock in a transaction on Monday, July 31st. The shares were sold at an average price of $105.68, for a total value of $29,686,146.08. Following the completion of the sale, the director now owns 29,140 shares in the company, valued at approximately $3,079,515.20. The disclosure for this sale can be found here. Insiders sold a total of 1,423,264 shares of company stock worth $145,144,664 in the last quarter. Company insiders own 11.00% of the company’s stock.

COPYRIGHT VIOLATION WARNING: “Public Employees Retirement System of Ohio Has $12.35 Million Position in Hasbro, Inc. (HAS)” was first posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this story on another website, it was copied illegally and republished in violation of United States & international copyright & trademark law. The original version of this story can be accessed at https://ledgergazette.com/2017/10/18/public-employees-retirement-system-of-ohio-has-12-35-million-position-in-hasbro-inc-has.html.

HAS has been the subject of a number of research reports. BidaskClub upgraded Hasbro from a “buy” rating to a “strong-buy” rating in a research report on Thursday, June 22nd. Stifel Nicolaus reiterated a “hold” rating and set a $107.00 target price (up from $100.00) on shares of Hasbro in a research report on Thursday, July 13th. Zacks Investment Research upgraded Hasbro from a “hold” rating to a “buy” rating and set a $125.00 target price for the company in a research report on Friday, July 14th. Jefferies Group LLC reiterated a “buy” rating and set a $125.00 target price on shares of Hasbro in a research report on Friday, July 21st. Finally, DA Davidson reiterated a “buy” rating and set a $121.00 target price (up from $118.00) on shares of Hasbro in a research report on Saturday, July 22nd. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and six have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $107.18.

Hasbro, Inc. (NASDAQ:HAS) traded down 0.04% during mid-day trading on Wednesday, reaching $96.52. The company’s stock had a trading volume of 97,063 shares. The stock has a market cap of $12.07 billion, a price-to-earnings ratio of 20.91 and a beta of 0.92. The firm’s 50 day moving average price is $95.97 and its 200 day moving average price is $101.81. Hasbro, Inc. has a 12-month low of $77.20 and a 12-month high of $116.20.

Hasbro (NASDAQ:HAS) last announced its quarterly earnings results on Monday, July 24th. The company reported $0.53 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.46 by $0.07. Hasbro had a return on equity of 32.24% and a net margin of 11.44%. The business had revenue of $972.51 million for the quarter, compared to analyst estimates of $974.19 million. During the same quarter in the prior year, the company posted $0.41 EPS. The company’s quarterly revenue was up 10.6% on a year-over-year basis. On average, equities analysts predict that Hasbro, Inc. will post $5.07 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 15th. Investors of record on Wednesday, November 1st will be issued a $0.57 dividend. The ex-dividend date of this dividend is Tuesday, October 31st. This represents a $2.28 annualized dividend and a dividend yield of 2.36%. Hasbro’s dividend payout ratio is presently 49.35%.

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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