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Hasbro (NYSE:HAS) was downgraded by research analysts at EVA Dimensions LLC from an “overweight” rating to a “hold” rating in a report released on Tuesday, Analyst Ratings Net reports.

Hasbro (NYSE:HAS) traded up 0.42% on Tuesday, hitting $54.71. The stock had a trading volume of 387,624 shares. Hasbro has a 52 week low of $39.88 and a 52 week high of $55.18. The stock has a 50-day moving average of $51.98 and a 200-day moving average of $50.19. The company has a market cap of $7.158 billion and a price-to-earnings ratio of 25.11.

Hasbro (NYSE:HAS) last released its earnings data on Monday, February 10th. The company reported $1.12 EPS for the quarter, missing the Thomson Reuters consensus estimate of $1.22 by $0.10. The company had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.30 billion. During the same quarter in the prior year, the company posted $0.99 earnings per share. The company’s quarterly revenue was down .1% on a year-over-year basis. On average, analysts predict that Hasbro will post $3.20 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Thursday, May 15th. Shareholders of record on Thursday, May 1st will be paid a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a dividend yield of 3.16%. The ex-dividend date is Tuesday, April 29th. This is a positive change from Hasbro’s previous quarterly dividend of $0.40.

Other equities research analysts have also recently issued reports about the stock. Analysts at BMO Capital Markets raised their price target on shares of Hasbro to $55.00 in a research note on Monday. They now have a “market perform” rating on the stock. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Hasbro in a research note on Tuesday, February 11th. They now have a $55.00 price target on the stock. Finally, analysts at Barclays raised their price target on shares of Hasbro from $49.00 to $55.00 in a research note on Tuesday, February 11th. They now have an “equal weight” rating on the stock. One analyst has rated the stock with a sell rating, seven have given a hold rating and four have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $54.00.

Hasbro, Inc, engaged in providing children’s and family leisure time products with a range of portfolio of brands and entertainment properties.

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