Gilman Hill Asset Management LLC boosted its stake in Mattel, Inc. (NASDAQ:MAT) by 1.4% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 176,502 shares of the company’s stock after buying an additional 2,516 shares during the period. Mattel makes up approximately 1.6% of Gilman Hill Asset Management LLC’s portfolio, making the stock its 25th largest position. Gilman Hill Asset Management LLC owned approximately 0.05% of Mattel worth $3,800,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Delta Asset Management LLC TN boosted its position in shares of Mattel by 54.7% in the second quarter. Delta Asset Management LLC TN now owns 6,150 shares of the company’s stock valued at $133,000 after buying an additional 2,175 shares during the period. Oakbrook Investments LLC bought a new position in shares of Mattel during the second quarter valued at approximately $298,000. Louisiana State Employees Retirement System boosted its position in shares of Mattel by 1.0% in the second quarter. Louisiana State Employees Retirement System now owns 21,200 shares of the company’s stock valued at $456,000 after buying an additional 200 shares during the period. LS Investment Advisors LLC boosted its position in shares of Mattel by 12.7% in the second quarter. LS Investment Advisors LLC now owns 15,067 shares of the company’s stock valued at $324,000 after buying an additional 1,703 shares during the period. Finally, Windward Capital Management Co. CA boosted its position in shares of Mattel by 41.8% in the second quarter. Windward Capital Management Co. CA now owns 30,138 shares of the company’s stock valued at $649,000 after buying an additional 8,882 shares during the period. 93.87% of the stock is owned by hedge funds and other institutional investors.

Shares of Mattel, Inc. (NASDAQ:MAT) traded down 0.09% during trading on Wednesday, hitting $21.07. The stock had a trading volume of 1,824,754 shares. Mattel, Inc. has a 52 week low of $19.41 and a 52 week high of $34.24. The company has a market capitalization of $7.22 billion, a price-to-earnings ratio of 26.44 and a beta of 0.85. The company’s 50 day moving average price is $21.19 and its 200 day moving average price is $24.16.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Wednesday, August 23rd will be paid a $0.15 dividend. The ex-dividend date of this dividend is Monday, August 21st. This represents a $0.60 annualized dividend and a yield of 2.84%. Mattel’s payout ratio is 192.41%.

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Several research analysts recently commented on the company. BidaskClub raised Mattel from a “sell” rating to a “hold” rating in a research report on Wednesday, July 5th. MKM Partners reduced their price target on Mattel from $24.00 to $22.00 and set a “buy” rating for the company in a research report on Monday, July 3rd. Stifel Nicolaus reduced their price target on Mattel from $23.00 to $20.00 and set a “hold” rating for the company in a research report on Wednesday, June 21st. UBS AG reissued a “buy” rating and set a $26.00 price target (down from $29.00) on shares of Mattel in a research report on Wednesday, June 21st. Finally, Jefferies Group LLC reissued a “hold” rating and set a $19.00 price target on shares of Mattel in a research report on Monday, June 19th. One research analyst has rated the stock with a sell rating, seven have given a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $27.89.

Mattel Company Profile

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.

Institutional Ownership by Quarter for Mattel (NASDAQ:MAT)

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