48,970 Shares in Mattel, Inc. (NASDAQ:MAT) Acquired by WINTON GROUP Ltd

WINTON GROUP Ltd purchased a new stake in Mattel, Inc. (NASDAQ:MAT) during the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 48,970 shares of the company’s stock, valued at approximately $868,000.

Several other institutional investors also recently made changes to their positions in MAT. EverSource Wealth Advisors LLC raised 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 buying an additional 926 shares during the period. West Oak Capital LLC raised its stake in shares of Mattel by 9,775.0% in 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. TD Private Client Wealth LLC acquired a new position in shares of Mattel during the 4th quarter valued at $51,000. GAMMA Investing LLC boosted its position in Mattel by 26.6% during the 4th quarter. GAMMA Investing LLC now owns 3,541 shares of the company’s stock worth $63,000 after purchasing an additional 744 shares during the period. Finally, Venturi Wealth Management LLC increased its holdings in 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 purchasing an additional 2,972 shares in the last quarter. 97.15% of the stock is owned by hedge funds and other institutional investors.

Mattel Trading Down 1.9 %

NASDAQ MAT opened at $19.30 on Friday. The company has a market capitalization of $6.23 billion, a price-to-earnings ratio of 12.06, a price-to-earnings-growth ratio of 2.35 and a beta of 0.65. The company has a debt-to-equity ratio of 1.03, a current ratio of 2.38 and a quick ratio of 2.00. Mattel, Inc. has a 12 month low of $15.87 and a 12 month high of $22.07. The company’s fifty day moving average price is $20.22 and its two-hundred day moving average price is $19.30.

Mattel (NASDAQ:MAT) last posted its quarterly earnings results on Tuesday, February 4th. The company reported $0.35 EPS for the quarter, topping analysts’ consensus estimates 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 period in the prior year, the business earned $0.29 earnings per share. As a group, research analysts predict that Mattel, Inc. will post 1.7 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on MAT. StockNews.com raised Mattel from a “hold” rating to a “buy” rating in a research report on Wednesday, March 12th. DA Davidson lifted their price objective on shares of Mattel from $27.00 to $30.00 and gave the company a “buy” rating in a research note on Wednesday, February 5th. Morgan Stanley upped 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. Finally, Jefferies Financial Group raised shares of Mattel from a “hold” rating to a “buy” rating and lifted their price target for the stock from $20.00 to $28.00 in a research note on Wednesday, February 5th. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $25.57.

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.