Fuller & Thaler Asset Management Inc. Takes Position in Mattel, Inc. (NASDAQ:MAT)

Fuller & Thaler Asset Management Inc. purchased a new position in shares of Mattel, Inc. (NASDAQ:MAT - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 1,914,369 shares of the company's stock, valued at approximately $33,942,000. Fuller & Thaler Asset Management Inc. owned about 0.57% of Mattel at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in MAT. Franklin Resources Inc. boosted its stake in Mattel by 84.0% in the 3rd quarter. Franklin Resources Inc. now owns 9,352,223 shares of the company's stock worth $176,757,000 after purchasing an additional 4,270,162 shares in the last quarter. GAMMA Investing LLC grew its position in Mattel by 26.6% during the fourth quarter. GAMMA Investing LLC now owns 3,541 shares of the company's stock valued at $63,000 after buying an additional 744 shares during the period. Everence Capital Management Inc. purchased a new position in Mattel during the fourth quarter valued at $227,000. West Oak Capital LLC grew its stake in shares of Mattel by 9,775.0% during the 4th quarter. West Oak Capital LLC now owns 1,975 shares of the company's stock valued at $35,000 after acquiring an additional 1,955 shares during the period. Finally, Miracle Mile Advisors LLC raised its position in shares of Mattel by 99.7% during the 4th quarter. Miracle Mile Advisors LLC now owns 21,603 shares of the company's stock valued at $383,000 after purchasing an additional 10,783 shares during the period. Institutional investors own 97.15% of the company's stock.

Mattel Stock Up 0.3 %

MAT traded up $0.04 during trading on Monday, hitting $15.72. The stock had a trading volume of 3,760,038 shares, compared to its average volume of 3,580,595. The stock has a 50 day simple moving average of $18.48 and a two-hundred day simple moving average of $18.80. The company has a market capitalization of $5.08 billion, a PE ratio of 9.83, a PEG 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 twelve month low of $13.95 and a twelve month high of $22.07.

Mattel (NASDAQ:MAT - Get Free Report) last announced its earnings results on Tuesday, February 4th. The company reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.15. Mattel had a return on equity of 25.94% and a net margin of 10.07%. During the same quarter last year, the company posted $0.29 EPS. On average, research analysts predict that Mattel, Inc. will post 1.7 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Jefferies Financial Group raised shares of Mattel from a "hold" rating to a "buy" rating and increased their price objective for the company from $20.00 to $28.00 in a report on Wednesday, February 5th. Morgan Stanley lifted their price objective on Mattel from $22.00 to $23.00 and gave the stock an "equal weight" rating in a research note on Wednesday, February 5th. StockNews.com upgraded Mattel from a "hold" rating to a "buy" rating in a research report on Wednesday, March 12th. Finally, DA Davidson upgraded shares of Mattel to a "strong-buy" rating in a research report on Monday, April 14th. Two investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $26.40.

About Mattel

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.