WINTON GROUP Ltd Buys Shares of 48,970 Mattel, Inc. (NASDAQ:MAT)

WINTON GROUP Ltd acquired a new stake in Mattel, Inc. (NASDAQ:MAT - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 48,970 shares of the company's stock, valued at approximately $868,000.

Other institutional investors have also modified their holdings of the company. CIBC Asset Management Inc grew its holdings in Mattel by 5.8% during the 4th quarter. CIBC Asset Management Inc now owns 10,962 shares of the company's stock valued at $194,000 after purchasing an additional 601 shares in the last quarter. Clear Harbor Asset Management LLC boosted its position in Mattel by 5.5% in the 4th quarter. Clear Harbor Asset Management LLC now owns 12,918 shares of the company's stock valued at $229,000 after buying an additional 675 shares during the last quarter. Xponance Inc. increased its position in shares of Mattel by 1.6% during the fourth quarter. Xponance Inc. now owns 46,262 shares of the company's stock worth $820,000 after acquiring an additional 739 shares during the last quarter. GAMMA Investing LLC lifted its stake in shares of Mattel by 26.6% in the fourth quarter. GAMMA Investing LLC now owns 3,541 shares of the company's stock worth $63,000 after acquiring an additional 744 shares in the last quarter. Finally, EverSource Wealth Advisors LLC boosted its holdings in Mattel by 150.1% in the fourth 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 during the last quarter. Hedge funds and other institutional investors own 97.15% of the company's stock.

Analyst Ratings Changes

MAT has been the subject of a number of research analyst reports. StockNews.com upgraded shares of Mattel from a "hold" rating to a "buy" rating in a research note on Wednesday, March 12th. Jefferies Financial Group upgraded shares of Mattel from a "hold" rating to a "buy" rating and upped their target price for the company from $20.00 to $28.00 in a research note on Wednesday, February 5th. DA Davidson lifted their price target on Mattel from $27.00 to $30.00 and gave the stock a "buy" rating in a research note on Wednesday, February 5th. Finally, Morgan Stanley upped their price objective on Mattel from $22.00 to $23.00 and gave the company an "equal weight" rating in a research note on Wednesday, February 5th. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, Mattel has an average rating of "Moderate Buy" and a consensus price target of $25.57.

Remove Ads

Mattel Stock Performance

MAT traded down $2.76 on Thursday, hitting $17.11. 2,191,482 shares of the company's stock were exchanged, compared to its average volume of 3,376,449. The company has a current ratio of 2.38, a quick ratio of 2.00 and a debt-to-equity ratio of 1.03. The stock has a fifty day moving average of $20.32 and a two-hundred day moving average of $19.32. Mattel, Inc. has a twelve month low of $15.87 and a twelve month high of $22.07. The firm has a market cap of $5.52 billion, a PE ratio of 10.69, a P/E/G ratio of 2.35 and a beta of 0.51.

Mattel (NASDAQ:MAT - Get Free Report) last announced its quarterly 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 net margin of 10.07% and a return on equity of 25.94%. During the same quarter in the prior year, the business earned $0.29 earnings per share. On average, research analysts anticipate that Mattel, Inc. will post 1.7 earnings per share for the current fiscal year.

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.