1 week Ago By Defense World Staff
JPMorgan Chase & Co. raised its stake in Mattel, Inc. ( NASDAQ:MAT – Free Report ) by 25.
8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,008,772 shares of the company’s stock after acquiring an additional 206,603 shares during the quarter. JPMorgan Chase & Co.
owned about 0.30% of Mattel worth $17,886,000 at the end of the most recent reporting period. Several other hedge funds have also recently bought and sold shares of the stock.
EverSource Wealth Advisors LLC boosted its position in shares of 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 acquiring an additional 926 shares during the period.
West Oak Capital LLC raised its stake in Mattel by 9,775.0% in the 4th quarter. West Oak Capital LLC now owns 1,975 shares of the company’s stock worth $35,000 after purchasing an additional 1,955 shares in the last quarter.
TD Private Client Wealth LLC bought a new stake in Mattel in the 4th quarter valued at about $51,000. GAMMA Investing LLC boosted its holdings in Mattel by 26.6% in the 4th 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. Finally, Venturi Wealth Management LLC grew its position in shares of Mattel by 175.1% during the 4th quarter.
Venturi Wealth Management LLC now owns 4,669 shares of the company’s stock worth $83,000 after purchasing an additional 2,972 shares in the last quarter. 97.15% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth A number of equities research analysts have recently weighed in on MAT shares. Jefferies Financial Group upgraded shares of Mattel from a “hold” rating to a “buy” rating and lifted their price target for the company from $20.00 to $28.
00 in a research report on Wednesday, February 5th. DA Davidson lifted their price objective on Mattel from $27.00 to $30.
00 and gave the company a “buy” rating in a report on Wednesday, February 5th. StockNews.com upgraded Mattel from a “hold” rating to a “buy” rating in a research report on Wednesday, March 12th.
Finally, Morgan Stanley raised their price target on Mattel from $22.00 to $23.00 and gave the stock an “equal weight” rating in a research report on Wednesday, February 5th.
Three research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $25.
57. Mattel Trading Up 1.8 % Shares of MAT opened at $15.
04 on Friday. The company has a debt-to-equity ratio of 1.03, a quick ratio of 2.
00 and a current ratio of 2.38. Mattel, Inc.
has a 52-week low of $13.95 and a 52-week high of $22.07.
The firm has a market cap of $4.86 billion, a price-to-earnings ratio of 9.40, a PEG ratio of 2.
35 and a beta of 0.51. The business’s fifty day moving average is $19.
79 and its 200-day moving average is $19.09. Mattel ( NASDAQ:MAT – Get Free Report ) last released its earnings results on Tuesday, February 4th.
The company reported $0.35 earnings per share (EPS) for the quarter, beating 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 previous year, the firm earned $0.29 EPS.
Equities analysts anticipate that Mattel, Inc. will post 1.7 EPS for the current fiscal year.
Mattel Profile ( 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.
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