Mattel (MAT) : Windward Capital Management Co Ca scooped up 5,783 additional shares in Mattel during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 14, 2016. The investment management firm now holds a total of 13,392 shares of Mattel which is valued at $403,099.Mattel makes up approximately 0.08% of Windward Capital Management Co Ca’s portfolio.
Other Hedge Funds, Including , Charter Trust Co reduced its stake in MAT by selling 150 shares or 0.57% in the most recent quarter. The Hedge Fund company now holds 26,030 shares of MAT which is valued at $783,503. Mattel makes up approx 0.09% of Charter Trust Co’s portfolio. Private Bank Trust Co sold out all of its stake in MAT during the most recent quarter. The investment firm sold 13,210 shares of MAT which is valued $396,036.Capstone Asset Management Co boosted its stake in MAT in the latest quarter, The investment management firm added 1,790 additional shares and now holds a total of 27,371 shares of Mattel which is valued at $805,802. Mattel makes up approx 0.02% of Capstone Asset Management Co’s portfolio.North Star Investment Management Corp. reduced its stake in MAT by selling 851 shares or 3.69% in the most recent quarter. The Hedge Fund company now holds 22,217 shares of MAT which is valued at $654,068. Mattel makes up approx 0.12% of North Star Investment Management Corp.’s portfolio.Franklin Street Advisors Inc Nc boosted its stake in MAT in the latest quarter, The investment management firm added 18,679 additional shares and now holds a total of 183,032 shares of Mattel which is valued at $5,597,119. Mattel makes up approx 1.03% of Franklin Street Advisors Inc Nc’s portfolio.
Mattel opened for trading at $30.26 and hit $30.54 on the upside on Friday, eventually ending the session at $30.1, with a gain of 0.40% or 0.12 points. The heightened volatility saw the trading volume jump to 31,55,376 shares. Company has a market cap of $10,253 M.
On the company’s financial health, Mattel reported $-0.02 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Jul 20, 2016. Analyst had a consensus of $-0.06. The company had revenue of $957.30 million for the quarter, compared to analysts expectations of $936.69 million. The company’s revenue was down -3.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.01 EPS.
Many Wall Street Analysts have commented on Mattel. MKM Partners Upgraded Mattel on Oct 10, 2016 to ” Buy”, Price Target of the shares are set at $36.Monness Crespi & Hardt Upgraded Mattel on Sep 19, 2016 to ” Buy”, Price Target of the shares are set at $37.Company shares were Reiterated by MKM Partners on Jul 21, 2016 to “Neutral”, Firm has raised the Price Target to $ 36 from a previous price target of $33 .
MATTEL INC. designs manufactures and markets a variety of toy products around the world which are sold to its customers and directly to consumers. The Company operates through three segments: North America which consists of the United States and Canada International and American Girl. The Companys North America segment markets and sells toys in the United States and Canada through the Mattel Girls & Boys Brands Fisher-Price Brands and Construction and Arts & Crafts Brands categories. The Companys International segment products are developed and marketed by the North America segment although some are developed or adapted for particular international markets. The Companys American Girl segment is a direct marketer childrens publisher and retailer for its line of historical dolls books and accessories as well as the My American Girl and Bitty Baby brands. American Girl also publishes Advice & Activity books and American Girl magazine.