Mattel, Inc. (NASDAQ:MAT) is Barington Capital Group L.P.'s 6th Largest Position

Barington Capital Group L.P. lessened its holdings in Mattel, Inc. (NASDAQ:MAT - Free Report) by 8.7% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 525,100 shares of the company's stock after selling 50,000 shares during the quarter. Mattel makes up 8.5% of Barington Capital Group L.P.'s holdings, making the stock its 6th largest holding. Barington Capital Group L.P. owned about 0.16% of Mattel worth $9,310,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of MAT. EverSource Wealth Advisors LLC raised its holdings in shares of Mattel by 150.1% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,543 shares of the company's stock valued at $27,000 after purchasing an additional 926 shares in the last quarter. West Oak Capital LLC grew its position in Mattel by 9,775.0% during the 4th quarter. West Oak Capital LLC now owns 1,975 shares of the company's stock worth $35,000 after purchasing an additional 1,955 shares during the last quarter. TD Private Client Wealth LLC purchased a new stake in shares of Mattel in the 4th quarter valued at $51,000. GAMMA Investing LLC boosted its holdings in shares of Mattel by 26.6% in the 4th quarter. GAMMA Investing LLC now owns 3,541 shares of the company's stock valued at $63,000 after acquiring an additional 744 shares during the last quarter. Finally, Venturi Wealth Management LLC boosted its holdings in shares of Mattel by 175.1% in the 4th quarter. Venturi Wealth Management LLC now owns 4,669 shares of the company's stock valued at $83,000 after acquiring an additional 2,972 shares during the last quarter. Institutional investors own 97.15% of the company's stock.

Mattel Stock Up 0.2 %

Shares of NASDAQ:MAT traded up $0.03 during trading on Tuesday, hitting $15.75. The company's stock had a trading volume of 3,056,228 shares, compared to its average volume of 3,583,386. The business has a 50 day moving average price of $18.23 and a two-hundred day moving average price of $18.76. The company has a market capitalization of $5.09 billion, a PE ratio of 9.84, a P/E/G ratio of 2.35 and a beta of 0.51. The company has a debt-to-equity ratio of 1.03, a quick ratio of 2.00 and a current ratio of 2.38. Mattel, Inc. has a fifty-two week low of $13.95 and a fifty-two week high of $22.07.

Mattel (NASDAQ:MAT - Get Free Report) last posted its quarterly earnings results on Tuesday, February 4th. The company reported $0.35 EPS for the quarter, topping the consensus estimate of $0.20 by $0.15. Mattel had a net margin of 10.07% and a return on equity of 25.94%. During the same period in the prior year, the business earned $0.29 earnings per share. As a group, research analysts expect that Mattel, Inc. will post 1.7 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

MAT has been the subject of several analyst reports. Morgan Stanley boosted their target price on shares of Mattel from $22.00 to $23.00 and gave the company an "equal weight" rating in a research note on Wednesday, February 5th. Jefferies Financial Group raised shares of Mattel from a "hold" rating to a "buy" rating and raised their target price for the stock from $20.00 to $28.00 in a research note on Wednesday, February 5th. StockNews.com raised shares of Mattel from a "hold" rating to a "buy" rating in a research note on Wednesday, March 12th. Finally, DA Davidson raised shares of Mattel to a "strong-buy" rating in a research report on Monday, April 14th. Two equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $26.40.

Mattel Company Profile

Mattel, Inc, a toy and family entertainment company, designs, manufactures, and markets toys and consumer products in North America, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. The company operates through North America, International, and American Girl segments. It offers dolls and accessories, as well as books, content, gaming, and lifestyle products for children under the Barbie, American Girl, Disney Princess and Disney Frozen, Monster High, and Polly Pocket brands; die-cast vehicles, tracks, playsets, and accessories for kids, adults, and collectors under the Hot Wheels, Hot Wheels Monster Trucks, Hot Wheels Mario Kart, Matchbox, and Cars brand names; and infant, toddler, and preschool products comprising content, toys, live events, and other consumer products under the Fisher-Price, Little People and Imaginext, and Thomas & Friends, and Power wheels brands.