Mattel, Inc. (NASDAQ:MAT) Shares Acquired by Oak Thistle LLC

Oak Thistle LLC lifted its position in Mattel, Inc. (NASDAQ:MAT) by 122.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 26,174 shares of the company’s stock after purchasing an additional 14,421 shares during the quarter. Oak Thistle LLC’s holdings in Mattel were worth $464,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in MAT. Miracle Mile Advisors LLC lifted its stake in Mattel by 99.7% in the fourth quarter. Miracle Mile Advisors LLC now owns 21,603 shares of the company’s stock valued at $383,000 after buying an additional 10,783 shares during the last quarter. West Oak Capital LLC raised its position in 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 purchasing an additional 1,955 shares during the last quarter. Everence Capital Management Inc. acquired a new stake in Mattel during the 4th quarter worth $227,000. GAMMA Investing LLC grew 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 last quarter. Finally, Franklin Resources Inc. increased its stake in Mattel by 84.0% in the third quarter. Franklin Resources Inc. now owns 9,352,223 shares of the company’s stock valued at $176,757,000 after purchasing an additional 4,270,162 shares during the period. Hedge funds and other institutional investors own 97.15% of the company’s stock.

Wall Street Analyst Weigh In

MAT has been the subject of several recent research reports. DA Davidson reiterated a “buy” rating and set a $27.00 target price on shares of Mattel in a research note on Thursday, October 24th. Morgan Stanley increased their price objective on Mattel from $21.00 to $22.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 24th. Bank of America boosted their target price on Mattel from $26.00 to $28.00 and gave the company a “buy” rating in a report on Thursday, October 24th. JPMorgan Chase & Co. increased their price target on Mattel from $22.00 to $23.00 and gave the stock a “neutral” rating in a report on Monday, October 21st. Finally, StockNews.com lowered shares of Mattel from a “buy” rating to a “hold” rating in a research report on Wednesday. Five analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $23.75.

Mattel Trading Up 0.4 %

NASDAQ:MAT opened at $17.94 on Friday. The stock has a market capitalization of $6.04 billion, a price-to-earnings ratio of 11.21, a PEG ratio of 0.88 and a beta of 0.75. Mattel, Inc. has a 1 year low of $15.87 and a 1 year high of $20.59. The stock has a fifty day moving average price of $18.57 and a two-hundred day moving average price of $18.61. The company has a debt-to-equity ratio of 1.01, a quick ratio of 1.88 and a current ratio of 2.45.

Mattel (NASDAQ:MAT) last announced its quarterly earnings data on Wednesday, October 23rd. The company reported $1.14 EPS for the quarter, beating the consensus estimate of $0.95 by $0.19. The firm had revenue of $1.84 billion during the quarter, compared to analysts’ expectations of $1.86 billion. Mattel had a net margin of 10.24% and a return on equity of 25.39%. The business’s revenue for the quarter was down 3.9% compared to the same quarter last year. During the same quarter last year, the business earned $1.08 earnings per share. As a group, sell-side analysts anticipate that Mattel, Inc. will post 1.46 earnings per share for the current fiscal year.

About Mattel

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.