Mattel, Inc. (NASDAQ:MAT) Shares Bought by K.J. Harrison & Partners Inc

K.J. Harrison & Partners Inc lifted its holdings in Mattel, Inc. (NASDAQ:MAT) by 34.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 67,000 shares of the company’s stock after purchasing an additional 17,000 shares during the period. K.J. Harrison & Partners Inc’s holdings in Mattel were worth $1,188,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Prospera Private Wealth LLC acquired a new stake in shares of Mattel during the third quarter worth $34,000. West Oak Capital LLC increased its stake in Mattel by 9,775.0% in the 4th quarter. West Oak Capital LLC now owns 1,975 shares of the company’s stock worth $35,000 after purchasing an additional 1,955 shares in the last quarter. GAMMA Investing LLC raised its holdings in Mattel by 26.6% during the 4th quarter. GAMMA Investing LLC now owns 3,541 shares of the company’s stock worth $63,000 after buying an additional 744 shares during the period. Blue Trust Inc. lifted its stake in Mattel by 74.2% during the third quarter. Blue Trust Inc. now owns 3,610 shares of the company’s stock valued at $69,000 after buying an additional 1,538 shares in the last quarter. Finally, Venturi Wealth Management LLC lifted its stake in Mattel by 175.1% during the fourth quarter. Venturi Wealth Management LLC now owns 4,669 shares of the company’s stock valued at $83,000 after buying an additional 2,972 shares in the last quarter. 97.15% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. StockNews.com upgraded shares of Mattel from a “hold” rating to a “buy” rating in a report on Saturday, February 8th. DA Davidson lifted their price objective on shares of Mattel from $27.00 to $30.00 and gave the stock a “buy” rating in a research report on Wednesday, February 5th. Morgan Stanley increased their target price on Mattel from $22.00 to $23.00 and gave the company an “equal weight” rating in a report on Wednesday, February 5th. Finally, Jefferies Financial Group upgraded Mattel from a “hold” rating to a “buy” rating and lifted their price target for the company from $20.00 to $28.00 in a report on Wednesday, February 5th. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $25.57.

Mattel Trading Down 1.4 %

Shares of NASDAQ:MAT opened at $21.25 on Thursday. Mattel, Inc. has a 12-month low of $15.87 and a 12-month high of $22.07. The company has a quick ratio of 2.00, a current ratio of 2.38 and a debt-to-equity ratio of 1.03. The firm has a market capitalization of $7.16 billion, a P/E ratio of 13.28, a price-to-earnings-growth ratio of 2.35 and a beta of 0.76. The firm has a fifty day moving average of $19.23 and a two-hundred day moving average of $19.11.

Mattel (NASDAQ:MAT) last released its quarterly earnings data on Tuesday, February 4th. The company reported $0.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.20 by $0.15. Mattel had a return on equity of 25.94% and a net margin of 10.07%. During the same quarter in the previous year, the business earned $0.29 earnings per share. On average, equities analysts expect that Mattel, Inc. will post 1.7 EPS for the current fiscal year.

Mattel Profile

Mattel, Inc, a toy and family entertainment company, designs, manufactures, and markets toys and consumer products in North America, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. The company operates through North America, International, and American Girl segments. It offers dolls and accessories, as well as books, content, gaming, and lifestyle products for children under the Barbie, American Girl, Disney Princess and Disney Frozen, Monster High, and Polly Pocket brands; die-cast vehicles, tracks, playsets, and accessories for kids, adults, and collectors under the Hot Wheels, Hot Wheels Monster Trucks, Hot Wheels Mario Kart, Matchbox, and Cars brand names; and infant, toddler, and preschool products comprising content, toys, live events, and other consumer products under the Fisher-Price, Little People and Imaginext, and Thomas & Friends, and Power wheels brands.