Mattel Inc. (MAT)

Natixis Advisors L.P. Sells 4,054 Shares of Mattel, Inc. (NASDAQ:MAT)

Natixis Advisors L.P. lowered its holdings in Mattel, Inc. (NASDAQ:MAT – Free Report) by 20.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,613 shares of the company’s stock after selling 4,054 shares during the quarter. Natixis Advisors L.P.’s holdings in Mattel were worth $294,000 at the end of the most recent quarter. Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Fifth Third Bancorp grew its stake in Mattel by 23.3% during the third quarter. Fifth Third Bancorp now owns 2,908 shares of the company’s stock worth $64,000 after buying an additional 550 shares during the last quarter. Oak Family Advisors LLC lifted its holdings in Mattel by 0.9% in the fourth quarter. Oak Family Advisors LLC now owns 60,189 shares of the company’s stock valued at $1,136,000 after buying an additional 559 shares during the period. Treasurer of the State of North Carolina lifted its holdings in Mattel by 0.5% in the third quarter. Treasurer of the State of North Carolina now owns 154,594 shares of the company’s stock valued at $3,406,000 after buying an additional 780 shares during the period. Panagora Asset Management Inc. lifted its holdings in Mattel by 9.5% in the third quarter. Panagora Asset Management Inc. now owns 11,045 shares of the company’s stock valued at $243,000 after buying an additional 958 shares during the period. Finally, Vanguard Personalized Indexing Management LLC lifted its holdings in Mattel by 6.0% in the third quarter. Vanguard Personalized Indexing Management LLC now owns 17,398 shares of the company’s stock valued at $383,000 after buying an additional 989 shares during the period. Institutional investors own 97.15% of the company’s stock. Insider Activity at Mattel In other Mattel news, EVP Zanatta Roberto Jacobo Isaias sold 21,655 shares of the firm’s stock in a transaction on Tuesday, May 7th. The stock was sold at an average price of $18.83, for a total transaction of $407,763.65. Following the completion of the transaction, the executive vice president now owns 106,086 shares of the company’s stock, valued at $1,997,599.38. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In other news, insider Steve Totzke sold 45,216 shares of Mattel stock in a transaction dated Monday, May 13th. The stock was sold at an average price of $18.90, for a total value of $854,582.40. Following the completion of the transaction, the insider now owns 101,902 shares of the company’s stock, valued at approximately $1,925,947.80. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Zanatta Roberto Jacobo Isaias sold 21,655 shares of Mattel stock in a transaction dated Tuesday, May 7th. The stock was sold at an average price of $18.83, for a total value of $407,763.65. Following the completion of the transaction, the executive vice president now directly owns 106,086 shares of the company’s stock, valued at approximately $1,997,599.38. The disclosure for this sale can be found here. Insiders have sold a total of 90,533 shares of company stock worth $1,709,321 over the last quarter. Corporate insiders own 1.50% of the company’s stock. Mattel Stock Down 0.4 % Shares of Mattel stock opened at $18.62 on Monday. The stock has a market capitalization of $6.41 billion, a price-to-earnings ratio of 22.43, a P/E/G ratio of 1.19 and a beta of 0.98. The company’s 50 day moving average price is $19.00 and its 200-day moving average price is $18.89. Mattel, Inc. has a 52-week low of $16.20 and a 52-week high of $22.64. The company has a debt-to-equity ratio of 1.15, a quick ratio of 1.88 and a current ratio of 2.49. Mattel (NASDAQ:MAT – Get Free Report) last released its quarterly earnings results on Tuesday, April 23rd. The company reported ($0.05) earnings per share for the quarter, beating the consensus estimate of ($0.12) by $0.07. The business had revenue of $809.50 million for the quarter, compared to analysts’ expectations of $833.52 million. Mattel had a net margin of 5.38% and a return on equity of 24.32%. The firm’s revenue for the quarter was down .6% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.24) earnings per share. Equities research analysts forecast that Mattel, Inc. will post 1.4 EPS for the current year. Wall Street Analysts Forecast Growth Several equities research analysts have weighed in on MAT shares. Roth Mkm reiterated a “neutral” rating and issued a $21.00 target price on shares of Mattel in a report on Wednesday, April 24th. JPMorgan Chase & Co. downgraded shares of Mattel from an “overweight” rating to a “neutral” rating and lowered their price objective for the stock from $24.00 to $19.00 in a research report on Monday, February 5th. Stifel Nicolaus decreased their target price on shares of Mattel from $26.00 to $23.00 and set a “buy” rating for the company in a research report on Wednesday, January 24th. Jefferies Financial Group raised their target price on shares of Mattel from $19.00 to $20.00 and gave the company a “hold” rating in a research report on Friday, March 15th. Finally, StockNews.com raised shares of Mattel from a “hold” rating to a “buy” rating in a research report on Monday, February 26th. Five research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $22.78. Get Our Latest Report 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. Read More Five stocks we like better than Mattel 3 Ways To Invest In Coffee, Other Than Drinking It MarketBeat Week in Review – 5/13 – 5/17 Best ESG Stocks: 11 Best Stocks for ESG Investing Take-Two Interactive Software Offers 2nd Chance for Investors 3 Stocks to Consider Buying in October Deere & Company’s Q2 Report: Strong Revenue, Cautious Outlook Want to see what other hedge funds are holding MAT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Mattel, Inc. (NASDAQ:MAT – Free Report).