Hasbro, Inc. (NASDAQ:HAS) was the recipient of a large growth in short interest in the month of December. As of December 29th, there was short interest totalling 5,569,806 shares, a growth of 26.9% from the December 15th total of 4,387,840 shares. Currently, 4.9% of the shares of the company are short sold. Based on an average daily trading volume, of 1,032,079 shares, the days-to-cover ratio is presently 5.4 days.

HAS has been the topic of several research analyst reports. DA Davidson reissued a “buy” rating and set a $124.00 price target (up from $121.00) on shares of Hasbro in a report on Tuesday, October 24th. Zacks Investment Research raised Hasbro from a “hold” rating to a “buy” rating and set a $107.00 price target on the stock in a report on Thursday, September 14th. Goldman Sachs Group reissued a “buy” rating and set a $118.00 price target on shares of Hasbro in a report on Monday, October 2nd. Jefferies Group reissued a “buy” rating and set a $125.00 price target on shares of Hasbro in a report on Thursday, September 28th. Finally, KeyCorp reaffirmed a “buy” rating and issued a $105.00 target price on shares of Hasbro in a report on Tuesday, October 24th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and seven have assigned a buy rating to the company. Hasbro currently has an average rating of “Hold” and a consensus target price of $105.81.

Hasbro (HAS) opened at $92.41 on Friday. Hasbro has a twelve month low of $80.22 and a twelve month high of $116.20. The company has a market capitalization of $11,510.00, a price-to-earnings ratio of 19.70, a P/E/G ratio of 1.76 and a beta of 0.86. The company has a quick ratio of 2.11, a current ratio of 2.53 and a debt-to-equity ratio of 0.87.

Hasbro (NASDAQ:HAS) last announced its earnings results on Monday, October 23rd. The company reported $2.09 EPS for the quarter, topping the Zacks’ consensus estimate of $1.94 by $0.15. Hasbro had a return on equity of 56.23% and a net margin of 14.82%. The company had revenue of $1.79 billion for the quarter, compared to analysts’ expectations of $1.77 billion. During the same period last year, the firm earned $2.03 EPS. Hasbro’s revenue for the quarter was up 6.6% compared to the same quarter last year. analysts anticipate that Hasbro will post 5 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 15th. Shareholders of record on Thursday, February 1st will be paid a $0.57 dividend. The ex-dividend date is Wednesday, January 31st. This represents a $2.28 dividend on an annualized basis and a yield of 2.47%. Hasbro’s payout ratio is presently 48.61%.

A number of hedge funds have recently modified their holdings of the business. YorkBridge Wealth Partners LLC increased 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 buying an additional 32 shares in the last quarter. Cypress Capital Group increased its stake in Hasbro by 2.5% in the 2nd quarter. Cypress Capital Group now owns 2,230 shares of the company’s stock worth $249,000 after buying an additional 55 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in Hasbro by 0.7% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 8,358 shares of the company’s stock worth $932,000 after buying an additional 60 shares in the last quarter. HighTower Advisors LLC increased its stake in Hasbro by 0.3% in the 2nd quarter. HighTower Advisors LLC now owns 23,782 shares of the company’s stock worth $2,640,000 after buying an additional 62 shares in the last quarter. Finally, Thrivent Financial For Lutherans increased its stake in Hasbro by 3.4% in the 2nd quarter. Thrivent Financial For Lutherans now owns 4,260 shares of the company’s stock worth $475,000 after buying an additional 140 shares in the last quarter. Institutional investors and hedge funds own 79.32% of the company’s stock.

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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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