Zeke Capital Advisors LLC Invests $163,000 in Mattel, Inc. (MAT)
Zeke Capital Advisors LLC acquired a new position in Mattel, Inc. (NASDAQ:MAT) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 10,541 shares of the company’s stock, valued at approximately $163,000.
Several other large investors also recently bought and sold shares of MAT. Louisiana State Employees Retirement System increased its stake in shares of Mattel by 1.0% in the 2nd quarter. Louisiana State Employees Retirement System now owns 21,200 shares of the company’s stock worth $456,000 after purchasing an additional 200 shares in the last quarter. CIBC Asset Management Inc increased its stake in Mattel by 2.9% in the 2nd quarter. CIBC Asset Management Inc now owns 48,698 shares of the company’s stock worth $1,048,000 after buying an additional 1,386 shares in the last quarter. Sei Investments Co. increased its stake in Mattel by 94.4% in the 2nd quarter. Sei Investments Co. now owns 657,924 shares of the company’s stock worth $14,166,000 after buying an additional 319,438 shares in the last quarter. Retirement Systems of Alabama increased its stake in Mattel by 0.3% in the 2nd quarter. Retirement Systems of Alabama now owns 166,090 shares of the company’s stock worth $3,576,000 after buying an additional 558 shares in the last quarter. Finally, HL Financial Services LLC increased its stake in Mattel by 5.1% in the 2nd quarter. HL Financial Services LLC now owns 2,212,844 shares of the company’s stock worth $47,643,000 after buying an additional 108,280 shares in the last quarter. Hedge funds and other institutional investors own 93.86% of the company’s stock.
Mattel, Inc. (MAT) opened at $16.85 on Tuesday. Mattel, Inc. has a 1-year low of $12.71 and a 1-year high of $31.60. The company has a market cap of $5,790.00, a PE ratio of 115.07, a price-to-earnings-growth ratio of 44.38 and a beta of 1.00. The company has a current ratio of 1.32, a quick ratio of 0.89 and a debt-to-equity ratio of 1.31.
Mattel (NASDAQ:MAT) last released its quarterly earnings data on Thursday, October 26th. The company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.58 by ($0.49). Mattel had a negative net margin of 11.73% and a positive return on equity of 2.51%. The company had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.82 billion. During the same period last year, the company earned $0.70 EPS. The firm’s revenue for the quarter was down 13.1% on a year-over-year basis. equities research analysts forecast that Mattel, Inc. will post 0.04 earnings per share for the current fiscal year.
MAT has been the subject of a number of analyst reports. Monness Crespi & Hardt increased their price target on Mattel from $22.00 to $27.00 and gave the stock a “buy” rating in a research note on Wednesday, October 11th. TheStreet lowered Mattel from a “c” rating to a “d” rating in a research note on Thursday, October 26th. BMO Capital Markets increased their price target on Mattel from $23.00 to $25.00 and gave the stock an “outperform” rating in a research note on Monday, October 30th. BidaskClub lowered Mattel from a “sell” rating to a “strong sell” rating in a research note on Saturday, November 4th. Finally, Jefferies Group reiterated a “hold” rating and issued a $17.00 price target on shares of Mattel in a research note on Thursday, September 7th. One analyst has rated the stock with a sell rating, nine have issued a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock. Mattel presently has a consensus rating of “Hold” and a consensus target price of $21.79.
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Mattel, Inc manufactures and markets a range of toy products around the world. The Company’s segments are North America; International, and American Girl. Its portfolio of brands and products are grouped into approximately four major brand categories, including Mattel Girls & Boys Brands, Fisher-Price Brands, American Girl Brands and Construction and Arts & Crafts Brands.
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