Thompson Siegel & Walmsley LLC Invests $9 Million in Mattel, Inc. (NASDAQ:MAT)

Thompson Siegel & Walmsley LLC acquired a new stake in Mattel, Inc. (NASDAQ:MAT - Free Report) during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 472,308 shares of the company's stock, valued at approximately $8,997,000. Thompson Siegel & Walmsley LLC owned approximately 0.14% of Mattel as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the business. UMB Bank n.a. lifted its stake in shares of Mattel by 584.3% in the third quarter. UMB Bank n.a. now owns 1,485 shares of the company's stock worth $28,000 after acquiring an additional 1,268 shares during the period. V Square Quantitative Management LLC bought a new stake in shares of Mattel in the 3rd quarter valued at $29,000. GAMMA Investing LLC increased its position in shares of Mattel by 108.5% during the second quarter. GAMMA Investing LLC now owns 2,022 shares of the company's stock worth $33,000 after buying an additional 1,052 shares during the period. Blue Trust Inc. raised its stake in Mattel by 143.2% during the second quarter. Blue Trust Inc. now owns 2,072 shares of the company's stock worth $34,000 after buying an additional 1,220 shares during the last quarter. Finally, Prospera Private Wealth LLC acquired a new position in Mattel in the third quarter valued at $34,000. 97.15% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on MAT. StockNews.com lowered Mattel from a "buy" rating to a "hold" rating in a research report on Thursday, October 24th. Morgan Stanley boosted their price target on Mattel from $21.00 to $22.00 and gave the company an "equal weight" rating in a research note on Thursday, October 24th. DA Davidson reaffirmed a "buy" rating and set a $27.00 price objective on shares of Mattel in a research report on Thursday, October 24th. JPMorgan Chase & Co. boosted their target price on shares of Mattel from $22.00 to $23.00 and gave the company a "neutral" rating in a research report on Monday, October 21st. Finally, Jefferies Financial Group raised their price target on shares of Mattel from $18.25 to $20.00 and gave the stock a "hold" rating in a report on Tuesday, October 1st. Six equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $23.75.

Mattel Trading Up 1.7 %

Shares of Mattel stock traded up $0.31 on Friday, hitting $18.69. The stock had a trading volume of 12,358,216 shares, compared to its average volume of 3,233,236. The company has a quick ratio of 1.88, a current ratio of 2.45 and a debt-to-equity ratio of 1.01. Mattel, Inc. has a one year low of $15.87 and a one year high of $20.59. The stock's 50-day simple moving average is $19.09 and its two-hundred day simple moving average is $18.39. The stock has a market cap of $6.30 billion, a price-to-earnings ratio of 11.68, a PEG ratio of 0.94 and a beta of 0.78.

Mattel (NASDAQ:MAT - Get Free Report) last issued its quarterly earnings data on Wednesday, October 23rd. The company reported $1.14 EPS for the quarter, topping the consensus estimate of $0.95 by $0.19. The business had revenue of $1.84 billion during the quarter, compared to analyst estimates of $1.86 billion. Mattel had a net margin of 10.24% and a return on equity of 25.39%. The company's revenue for the quarter was down 3.9% on a year-over-year basis. During the same period in the prior year, the business earned $1.08 EPS. As a group, sell-side analysts predict that Mattel, Inc. will post 1.46 EPS for the current year.

Mattel 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.