Thompson Siegel & Walmsley LLC boosted its position in Mattel, Inc. (NASDAQ:MAT - Free Report) by 13.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 537,687 shares of the company's stock after purchasing an additional 65,379 shares during the quarter. Thompson Siegel & Walmsley LLC owned about 0.16% of Mattel worth $9,533,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in MAT. Citigroup Inc. boosted its holdings in shares of Mattel by 449.9% during the 3rd quarter. Citigroup Inc. now owns 291,983 shares of the company's stock worth $5,562,000 after purchasing an additional 238,884 shares during the last quarter. FORA Capital LLC acquired a new position in Mattel during the third quarter worth $1,003,000. Charles Schwab Investment Management Inc. boosted its stake in Mattel by 2.8% during the third quarter. Charles Schwab Investment Management Inc. now owns 4,263,611 shares of the company's stock worth $81,222,000 after buying an additional 114,305 shares during the last quarter. Hantz Financial Services Inc. grew its holdings in Mattel by 53.2% in the 3rd quarter. Hantz Financial Services Inc. now owns 172,337 shares of the company's stock valued at $3,283,000 after buying an additional 59,845 shares in the last quarter. Finally, Thrivent Financial for Lutherans increased its stake in shares of Mattel by 101.0% in the 3rd quarter. Thrivent Financial for Lutherans now owns 168,410 shares of the company's stock worth $3,208,000 after acquiring an additional 84,626 shares during the last quarter. Hedge funds and other institutional investors own 97.15% of the company's stock.
Mattel Trading Down 1.0 %
Shares of NASDAQ:MAT traded down $0.21 during mid-day trading on Tuesday, reaching $19.96. 2,735,195 shares of the company were exchanged, compared to its average volume of 3,177,866. Mattel, Inc. has a 1 year low of $15.87 and a 1 year high of $22.07. The company has a debt-to-equity ratio of 1.03, a current ratio of 2.38 and a quick ratio of 2.00. The firm's 50-day simple moving average is $19.93 and its 200 day simple moving average is $19.24. The firm has a market cap of $6.65 billion, a price-to-earnings ratio of 12.48, a P/E/G ratio of 2.35 and a beta of 0.65.
Mattel (NASDAQ:MAT - Get Free Report) last released 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 return on equity of 25.94% and a net margin of 10.07%. During the same quarter last year, the company earned $0.29 earnings per share. Equities research analysts forecast that Mattel, Inc. will post 1.7 EPS for the current year.
Wall Street Analyst Weigh In
Several research analysts have recently weighed in on the stock. Morgan Stanley boosted their price target on shares of Mattel from $22.00 to $23.00 and gave the company an "equal weight" rating in a research report on Wednesday, February 5th. StockNews.com upgraded shares of Mattel from a "hold" rating to a "buy" rating in a report on Wednesday, March 12th. Jefferies Financial Group upgraded shares of Mattel from a "hold" rating to a "buy" rating and raised their price target for the stock from $20.00 to $28.00 in a report on Wednesday, February 5th. Finally, DA Davidson lifted their price target on shares of Mattel from $27.00 to $30.00 and gave the company a "buy" rating in a research report on Wednesday, February 5th. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $25.57.
Check Out Our Latest Stock Analysis on MAT
About Mattel
(
Free Report)
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.
Further Reading
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