Universal Beteiligungs und Servicegesellschaft mbH Has $6.20 Million Position in Mattel, Inc. $MAT

Universal Beteiligungs und Servicegesellschaft mbH lifted its stake in shares of Mattel, Inc. (NASDAQ:MAT) by 24.3% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 368,536 shares of the company’s stock after buying an additional 71,971 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.11% of Mattel worth $6,202,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of MAT. EdgePoint Investment Group Inc. lifted its position in Mattel by 12.9% during the second quarter. EdgePoint Investment Group Inc. now owns 40,823,584 shares of the company’s stock worth $805,041,000 after acquiring an additional 4,665,541 shares during the last quarter. Mane Global Capital Management LP acquired a new position in shares of Mattel in the second quarter valued at approximately $56,619,000. Norges Bank bought a new position in shares of Mattel during the second quarter worth approximately $55,651,000. Goldman Sachs Group Inc. lifted its holdings in Mattel by 50.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 4,153,851 shares of the company’s stock worth $80,709,000 after purchasing an additional 1,393,000 shares during the last quarter. Finally, Marshall Wace LLP bought a new stake in Mattel in the 2nd quarter valued at $24,699,000. Institutional investors and hedge funds own 97.15% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Weiss Ratings reiterated a “hold (c+)” rating on shares of Mattel in a research report on Wednesday, December 24th. Cfra Research lowered shares of Mattel from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, October 22nd. Seaport Research Partners raised shares of Mattel to a “hold” rating in a report on Monday, November 10th. DA Davidson decreased their target price on shares of Mattel from $30.00 to $25.00 and set a “buy” rating on the stock in a research report on Wednesday, October 22nd. Finally, UBS Group raised their target price on shares of Mattel from $29.00 to $30.00 and gave the stock a “buy” rating in a report on Wednesday, January 7th. Four analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $23.50.

Mattel Trading Down 0.3%

Shares of Mattel stock opened at $20.61 on Tuesday. The company has a quick ratio of 1.18, a current ratio of 1.60 and a debt-to-equity ratio of 0.77. Mattel, Inc. has a 12-month low of $13.94 and a 12-month high of $22.25. The company has a market capitalization of $6.41 billion, a price-to-earnings ratio of 15.38, a PEG ratio of 2.20 and a beta of 0.69. The firm’s 50-day moving average price is $20.57 and its two-hundred day moving average price is $19.01.

Mattel Profile

Mattel, Inc is a leading global toy company headquartered in El Segundo, California. Founded in 1945 by Harold “Matt” Matson and Elliot and Ruth Handler, the company has grown into a major player in the toy and family products industry. Mattel designs, manufactures, and markets a broad range of toys, games and entertainment products under well-known brands, including Barbie, Hot Wheels, Fisher-Price, American Girl, Thomas & Friends, UNO and Matchbox. In addition to its proprietary labels, Mattel holds licenses with global entertainment franchises, partnering with Disney, Warner Bros., WWE and other studios to create character-driven play experiences.