Candriam Luxembourg S.C.A. Has $11.54 Million Stock Holdings in Mattel, Inc. (NASDAQ:MAT)

Candriam Luxembourg S.C.A. lifted its holdings in shares of Mattel, Inc. (NASDAQ:MATGet Rating) by 3.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 535,016 shares of the company’s stock after buying an additional 17,842 shares during the period. Candriam Luxembourg S.C.A.’s holdings in Mattel were worth $11,535,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the company. O Shaughnessy Asset Management LLC lifted its stake in Mattel by 22.3% in the 3rd quarter. O Shaughnessy Asset Management LLC now owns 2,459 shares of the company’s stock valued at $46,000 after purchasing an additional 448 shares during the last quarter. Covestor Ltd acquired a new stake in Mattel in the 4th quarter valued at about $52,000. Maverick Capital Ltd. lifted its stake in Mattel by 54.8% in the 3rd quarter. Maverick Capital Ltd. now owns 3,654 shares of the company’s stock valued at $68,000 after purchasing an additional 1,293 shares during the last quarter. US Bancorp DE lifted its stake in Mattel by 16.0% in the 3rd quarter. US Bancorp DE now owns 4,378 shares of the company’s stock valued at $81,000 after purchasing an additional 604 shares during the last quarter. Finally, Pinebridge Investments L.P. bought a new position in Mattel in the 4th quarter valued at about $93,000. Institutional investors own 97.94% of the company’s stock.

Shares of NASDAQ:MAT opened at $26.22 on Wednesday. The company’s 50 day simple moving average is $23.61 and its 200 day simple moving average is $22.70. The stock has a market capitalization of $9.24 billion, a price-to-earnings ratio of 8.86 and a beta of 1.26. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.71 and a quick ratio of 1.08. Mattel, Inc. has a 1 year low of $17.94 and a 1 year high of $26.99.

Mattel (NASDAQ:MATGet Rating) last announced its quarterly earnings data on Wednesday, April 27th. The company reported $0.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.12. Mattel had a net margin of 18.75% and a return on equity of 42.01%. During the same period in the previous year, the business earned ($0.10) EPS. As a group, analysts anticipate that Mattel, Inc. will post 1.48 EPS for the current fiscal year.

Several research analysts have weighed in on the stock. Monness Crespi & Hardt increased their price target on shares of Mattel from $28.00 to $32.00 and gave the company a “buy” rating in a report on Thursday, February 10th. JPMorgan Chase & Co. increased their price target on shares of Mattel from $31.00 to $33.00 in a report on Thursday, February 10th. Stifel Nicolaus raised shares of Mattel from a “hold” rating to a “buy” rating and increased their price target for the company from $27.00 to $33.00 in a report on Thursday, February 24th. Zacks Investment Research raised shares of Mattel from a “sell” rating to a “hold” rating and set a $26.00 price target on the stock in a report on Friday, February 11th. Finally, DA Davidson raised their target price on shares of Mattel from $38.00 to $45.00 in a report on Monday, February 14th. One analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat, Mattel has an average rating of “Buy” and an average target price of $32.29.

Mattel Company Profile (Get Rating)

Mattel, Inc, a children's entertainment company, designs and produces toys and consumer products worldwide. The company operates through North America, International, and American Girl segments. It offers dolls and accessories, as well as content, gaming, and lifestyle products for children under the Barbie, Monster High, American Girl, Polly Pocket, Spirit, and Enchantimals brands; dolls and books under the American Girl brand name; die-cast vehicles, tracks, playsets, and accessories for kids of all ages, and collectors under the Hot Wheels, Monster Trucks, Matchbox, CARS, and Mario Kart brand names; and infant, toddler, and preschool products comprising content, toys, live events, and other lifestyle products under the Fisher-Price and Thomas & Friends, Power wheels, and Fireman Sam brands.

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Institutional Ownership by Quarter for Mattel (NASDAQ:MAT)

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