Boyd Watterson Asset Management LLC OH cut its stake in shares of Mattel, Inc. (NASDAQ:MAT) by 26.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,931 shares of the company’s stock after selling 4,976 shares during the period. Boyd Watterson Asset Management LLC OH’s holdings in Mattel were worth $214,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of MAT. Thrivent Financial For Lutherans raised its stake in shares of Mattel by 3.2% during the 2nd quarter. Thrivent Financial For Lutherans now owns 13,050 shares of the company’s stock worth $281,000 after purchasing an additional 410 shares during the period. Aberdeen Asset Management PLC UK raised its stake in shares of Mattel by 43.8% during the 2nd quarter. Aberdeen Asset Management PLC UK now owns 147,083 shares of the company’s stock worth $3,167,000 after purchasing an additional 44,802 shares during the period. Olstein Capital Management L.P. raised its stake in shares of Mattel by 375.4% during the 3rd quarter. Olstein Capital Management L.P. now owns 539,160 shares of the company’s stock worth $8,346,000 after purchasing an additional 425,760 shares during the period. Bank of New York Mellon Corp raised its stake in shares of Mattel by 20.6% during the 3rd quarter. Bank of New York Mellon Corp now owns 13,201,338 shares of the company’s stock worth $204,357,000 after purchasing an additional 2,253,399 shares during the period. Finally, AE Wealth Management LLC raised its stake in shares of Mattel by 36.8% during the 3rd quarter. AE Wealth Management LLC now owns 68,209 shares of the company’s stock worth $1,056,000 after purchasing an additional 18,349 shares during the period. Institutional investors and hedge funds own 93.66% of the company’s stock.

A number of research firms have recently commented on MAT. BidaskClub upgraded Mattel from a “strong sell” rating to a “sell” rating in a research note on Wednesday, November 15th. Jefferies Group set a $17.00 target price on Mattel and gave the stock a “hold” rating in a research note on Saturday, December 2nd. UBS Group reiterated a “buy” rating and set a $23.00 target price on shares of Mattel in a research note on Saturday, September 16th. Zacks Investment Research upgraded Mattel from a “strong sell” rating to a “hold” rating in a research note on Tuesday, December 26th. Finally, Stifel Nicolaus lowered their target price on Mattel from $19.00 to $17.00 and set a “hold” rating on the stock in a research note on Thursday, October 12th. Thirteen equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. Mattel presently has a consensus rating of “Hold” and a consensus target price of $20.25.

Shares of Mattel, Inc. (MAT) opened at $15.48 on Friday. Mattel, Inc. has a twelve month low of $12.71 and a twelve month high of $31.60. The firm has a market capitalization of $5,320.00, a PE ratio of -8.85, a P/E/G ratio of 4.40 and a beta of 1.01. The company has a quick ratio of 0.89, a current ratio of 1.32 and a debt-to-equity ratio of 1.31.

Mattel (NASDAQ:MAT) last announced its quarterly earnings data on Thursday, October 26th. The company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.58 by ($0.49). Mattel had a positive return on equity of 2.51% and a negative net margin of 11.73%. The firm had revenue of $1.56 billion during the quarter, compared to analysts’ expectations of $1.82 billion. During the same period last year, the business posted $0.70 EPS. The company’s revenue was down 13.1% compared to the same quarter last year. analysts forecast that Mattel, Inc. will post -0.16 earnings per share for the current year.

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Mattel 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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