Shares of Mattel, Inc. Payden & Rygel bought 121,200 shares as the company’s stock declined 15.13% while stock markets rallied.
More notable recent Mattel, Inc. Sprucegrove Investment Management Ltd added to its stake by buying 37,000 shares an increase of 3.8% as of 06/30/2017. Cobblestone Capital Advisors LLC NY now owns 8,310 shares of the company’s stock worth $213,000 after buying an additional 260 shares in the last quarter. Boyd Watterson Asset Management LLC OH increased its stake in Mattel by 1.4% in the second quarter. Concorde Asset Management LLC now owns 11,172 shares of the company’s stock valued at $241,000 after buying an additional 470 shares during the last quarter. The value of the total investment in Mattel, Inc. decreased from $115,278,000 to $51,633,000 a change of 55.2% since the last quarter. Institutional investors own 91.79% of the company’s stock. Cleararc Capital Inc. raised its stake in Mattel by 0.8% in the first quarter. First Interstate Bank now owns 6,682 shares of the company’s stock worth $171,000 after buying an additional 4,700 shares in the last quarter. Pnc Financial Grp holds 0.01% of its portfolio in Mattel, Inc. Finally, Cobblestone Capital Advisors LLC NY raised its stake in Mattel by 3.2% in the first quarter. The correct version of this piece can be accessed at https://www.baseball-news-blog.com/2017/08/11/mattel-inc-mat-shares-sold-by-farmers-merchants-investments-inc-updated-updated.html.
Shares of Mattel, Inc.
In the market the company is trading down by -1.30% since yesterday’s close of $17.74. 4,992,853 shares of the company were exchanged.
Shares last traded at $17.74 significantly below the 50 day moving average which is $20.44 and which is quite a bit below the 200 day moving average of $23.34. While the company’s share hit the 52 week high on 08/15/16 stationing the value of $34.20. The firm has a market cap of $6.08 billion, a price-to-earnings ratio of 25.45 and a beta of 0.84.
Mattel (NASDAQ:MAT) last posted its quarterly earnings results on Thursday, July 27th. During the same quarter in the prior year, the firm earned ($0.02) EPS. The firm had revenue of $974.50 million for the quarter, compared to analyst estimates of $972.36 million. Mattel, Inc. (NASDAQ:MAT) has declined 26.92% since August 11, 2016 and is downtrending. During the same period past year, the business posted ($0.02) EPS. (NASDAQ:MAT). Summit Gp Ltd Company invested in 0.08% or 12,655 shares. As of the last earnings report the EPS was $0.70 and is expected to be $0.80 for the current year with 342,726,000 shares presently outstanding. (NASDAQ:MAT) news were published by: Fool.com which released: “Mattel Struggles As Barbie Gets Dumped” on July 31, 2017, also Areadevelopment.com with their article: “Mattel, Inc Opens Distribution Hub in Jonestown, Pennsylvania” published on July 24, 2017, Prnewswire.com published: “Mattel And Babytree To Launch Child-focused Learning Centers In China” on July 26, 2017. The ex-dividend date will be Wednesday May 17th, 2017. This represents a $0.60 annualized dividend and a dividend yield of 3.43%. As per Monday, August 15, the company rating was maintained by Citigroup.
Now the shares of Mattel, Inc.
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Several equities analysts have recently issued reports on MAT shares. The company was downgraded on Thursday, August 3 by DA Davidson. Argus cut Mattel from a “buy” rating to a “hold” rating in a report on Friday, April 28th. Finally, Wells Fargo & Company reiterated an “outperform” rating on shares of Mattel in a research note on Sunday, April 23rd. Three analysts have rated the stock with a sell rating, five have given a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company’s stock.
In other Mattel news, CEO Mary Margaret Hasti Georgiadis acquired 12,660 shares of Mattel stock in a transaction dated Tuesday, August 1st. Following the transaction, the chief executive officer now directly owns 116,788 shares in the company, valued at approximately $2,290,212.68. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. (NASDAQ:MAT). Fil Limited owns 5.04M shares or 0.41% of their U.S. portfolio.
Mattel, Inc manufactures and markets a range of toy products around the world. The Company’s divisions include the Retail activities segment and the Construction segment.