Mattel, Inc. (NASDAQ:MAT) Shares Purchased by HS Management Partners LLC

HS Management Partners LLC increased its holdings in shares of Mattel, Inc. (NASDAQ:MAT) by 13.4% during the 4th quarter, Holdings Channel.com reports. The fund owned 2,399,700 shares of the company’s stock after buying an additional 284,125 shares during the period. Mattel makes up approximately 2.9% of HS Management Partners LLC’s portfolio, making the stock its 20th biggest position. HS Management Partners LLC’s holdings in Mattel were worth $42,547,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Prospera Private Wealth LLC acquired a new stake in Mattel during the third quarter worth about $34,000. West Oak Capital LLC increased its stake in shares of Mattel by 9,775.0% in the fourth quarter. West Oak Capital LLC now owns 1,975 shares of the company’s stock valued at $35,000 after purchasing an additional 1,955 shares during the period. GAMMA Investing LLC increased 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 valued at $63,000 after purchasing an additional 744 shares during the period. Venturi Wealth Management LLC increased its stake in shares of Mattel by 175.1% in the fourth 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 during the period. Finally, Smartleaf Asset Management LLC increased its stake in shares of Mattel by 2,698.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 7,079 shares of the company’s stock valued at $125,000 after purchasing an additional 6,826 shares during the period. Institutional investors and hedge funds own 97.15% of the company’s stock.

Mattel Price Performance

Shares of NASDAQ:MAT opened at $20.57 on Thursday. Mattel, Inc. has a 12 month low of $15.87 and a 12 month high of $22.07. The stock has a market cap of $6.85 billion, a price-to-earnings ratio of 12.86, a PEG ratio of 2.35 and a beta of 0.76. The stock’s 50 day moving average price is $19.48 and its 200 day moving average price is $19.16. 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 (NASDAQ:MAT) last announced its 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 in the previous year, the business earned $0.29 EPS. Equities research analysts anticipate that Mattel, Inc. will post 1.7 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have commented on MAT. Jefferies Financial Group upgraded shares of Mattel from a “hold” rating to a “buy” rating and raised their price target for the company from $20.00 to $28.00 in a research note on Wednesday, February 5th. DA Davidson raised their price target 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. StockNews.com lowered shares of Mattel from a “buy” rating to a “hold” rating in a research note on Tuesday. Finally, Morgan Stanley raised their price target 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. Four equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $25.57.

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.