Cincinnati Specialty Underwriters Insurance CO held its position in shares of Hasbro, Inc. (NASDAQ:HAS) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 30,000 shares of the company’s stock at the end of the second quarter. Hasbro comprises 3.0% of Cincinnati Specialty Underwriters Insurance CO’s holdings, making the stock its 12th largest position. Cincinnati Specialty Underwriters Insurance CO’s holdings in Hasbro were worth $3,345,000 as of its most recent filing with the SEC.

Other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. increased its position in shares of Hasbro by 5.4% in the first quarter. Vanguard Group Inc. now owns 12,186,806 shares of the company’s stock valued at $1,216,486,000 after buying an additional 622,946 shares in the last quarter. BlackRock Inc. increased its position in shares of Hasbro by 1,141.5% in the first quarter. BlackRock Inc. now owns 9,179,728 shares of the company’s stock valued at $916,321,000 after buying an additional 8,440,294 shares in the last quarter. Bank of America Corp DE increased its position in shares of Hasbro by 2.4% in the first quarter. Bank of America Corp DE now owns 5,474,161 shares of the company’s stock valued at $546,431,000 after buying an additional 127,849 shares in the last quarter. State Street Corp increased its position in shares of Hasbro by 1.0% in the first quarter. State Street Corp now owns 5,013,445 shares of the company’s stock valued at $500,457,000 after buying an additional 49,888 shares in the last quarter. Finally, Lansdowne Partners UK LLP increased its position in shares of Hasbro by 71.2% in the first quarter. Lansdowne Partners UK LLP now owns 2,397,998 shares of the company’s stock valued at $239,369,000 after buying an additional 997,698 shares in the last quarter. 79.66% of the stock is currently owned by institutional investors and hedge funds.

Shares of Hasbro, Inc. (NASDAQ:HAS) opened at 95.24 on Monday. Hasbro, Inc. has a 12 month low of $76.14 and a 12 month high of $116.20. The company has a market cap of $11.91 billion, a PE ratio of 20.63 and a beta of 0.90. The company has a 50-day moving average of $104.46 and a 200 day moving average of $102.30.

Hasbro (NASDAQ:HAS) last issued its quarterly earnings data on Monday, July 24th. The company reported $0.53 earnings per share (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 the consensus estimate of $974.19 million. During the same period in the prior year, the business earned $0.41 earnings per share. The business’s revenue was up 10.6% on a year-over-year basis. On average, analysts anticipate that Hasbro, Inc. will post $5.07 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 15th. Stockholders of record on Wednesday, November 1st will be given 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 2.39%. Hasbro’s dividend payout ratio is currently 49.35%.

WARNING: This report was first reported by TheOlympiaReport and is the property of of TheOlympiaReport. If you are viewing this report on another website, it was illegally stolen and reposted in violation of US and international copyright and trademark legislation. The correct version of this report can be accessed at https://theolympiareport.com/2017/08/28/cincinnati-specialty-underwriters-insurance-co-holds-stake-in-hasbro-inc-has.html.

HAS has been the topic of several analyst reports. Zacks Investment Research downgraded shares of Hasbro from a “buy” rating to a “hold” rating in a report on Wednesday, May 31st. Jefferies Group LLC reaffirmed a “buy” rating and set a $125.00 price target on shares of Hasbro in a report on Monday, June 19th. DA Davidson reaffirmed a “buy” rating and set a $118.00 price target on shares of Hasbro in a report on Tuesday, May 23rd. Argus initiated coverage on shares of Hasbro in a report on Friday, June 16th. They set a “buy” rating and a $128.00 price target on the stock. Finally, BidaskClub downgraded shares of Hasbro from a “strong-buy” rating to a “buy” rating in a report on Friday, June 30th. Eleven analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Hasbro presently has an average rating of “Hold” and a consensus price target of $105.69.

In other news, Director Alan G. Hassenfeld sold 280,906 shares of the company’s stock in a transaction on Monday, July 31st. The stock was sold at an average price of $105.68, for a total value of $29,686,146.08. Following the sale, the director now directly owns 29,140 shares in the company, valued at $3,079,515.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Alan G. Hassenfeld sold 276 shares of the company’s stock in a transaction on Wednesday, August 16th. The shares were sold at an average price of $99.52, for a total value of $27,467.52. Following the completion of the sale, the director now owns 29,140 shares in the company, valued at $2,900,012.80. The disclosure for this sale can be found here. Insiders sold 993,192 shares of company stock worth $103,992,990 over the last 90 days. Company insiders own 11.00% of the company’s stock.

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.

Institutional Ownership by Quarter for Hasbro (NASDAQ:HAS)

Receive News & Ratings for Hasbro Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hasbro Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.