Commerzbank Aktiengesellschaft FI Has $5.09 Million Stake in Mattel, Inc. (MAT)

Commerzbank Aktiengesellschaft FI boosted its holdings in shares of Mattel, Inc. (NASDAQ:MAT) by 548.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 328,630 shares of the company’s stock after purchasing an additional 277,955 shares during the period. Commerzbank Aktiengesellschaft FI owned about 0.10% of Mattel worth $5,087,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in MAT. Vanguard Group Inc. boosted its position in Mattel by 2.0% during the 2nd quarter. Vanguard Group Inc. now owns 34,329,879 shares of the company’s stock valued at $739,123,000 after acquiring an additional 662,676 shares in the last quarter. Parnassus Investments CA boosted its position in Mattel by 92.5% during the 3rd quarter. Parnassus Investments CA now owns 16,064,364 shares of the company’s stock valued at $248,676,000 after acquiring an additional 7,719,364 shares in the last quarter. Bank of New York Mellon Corp boosted its position in Mattel by 20.6% during the 3rd quarter. Bank of New York Mellon Corp now owns 13,201,338 shares of the company’s stock valued at $204,357,000 after acquiring an additional 2,253,399 shares in the last quarter. American Century Companies Inc. boosted its position in Mattel by 91.6% during the 2nd quarter. American Century Companies Inc. now owns 9,958,114 shares of the company’s stock valued at $214,398,000 after acquiring an additional 4,759,608 shares in the last quarter. Finally, Janus Henderson Group PLC boosted its position in Mattel by 19,570.6% during the 2nd quarter. Janus Henderson Group PLC now owns 9,617,527 shares of the company’s stock valued at $207,066,000 after acquiring an additional 9,568,634 shares in the last quarter. Institutional investors own 93.86% of the company’s stock.

MAT has been the topic of several research reports. Monness Crespi & Hardt lifted their price objective on Mattel from $22.00 to $27.00 and gave the company a “buy” rating in a research report on Wednesday, October 11th. TheStreet cut Mattel from a “c” rating to a “d” rating in a research report on Thursday, October 26th. BMO Capital Markets boosted their price target on Mattel from $23.00 to $25.00 and gave the stock an “outperform” rating in a research report on Monday, October 30th. BidaskClub cut Mattel from a “sell” rating to a “strong sell” rating in a research report on Saturday, November 4th. Finally, Jefferies Group reissued a “hold” rating and issued a $17.00 price target on shares of Mattel in a research report on Thursday, September 7th. One analyst has rated the stock with a sell rating, nine have issued a hold rating, six have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $21.79.

Mattel, Inc. (NASDAQ:MAT) opened at $17.26 on Monday. The stock has a market capitalization of $5,932.77, a P/E ratio of 115.07, a P/E/G ratio of 44.38 and a beta of 1.00. Mattel, Inc. has a 12-month low of $12.71 and a 12-month high of $31.60. The company has a debt-to-equity ratio of 1.31, a current ratio of 1.32 and a quick ratio of 0.89.

Mattel (NASDAQ:MAT) last released its quarterly earnings data on Thursday, October 26th. The company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.58 by ($0.49). The business had revenue of $1.56 billion during the quarter, compared to the consensus estimate of $1.82 billion. Mattel had a negative net margin of 11.73% and a positive return on equity of 2.51%. The business’s revenue was down 13.1% compared to the same quarter last year. During the same period last year, the company posted $0.70 earnings per share. equities analysts anticipate that Mattel, Inc. will post 0.04 earnings per share for the current fiscal year.

COPYRIGHT VIOLATION NOTICE: This article was first reported by Community Financial News and is owned by of Community Financial News. If you are reading this article on another site, it was illegally stolen and reposted in violation of U.S. and international copyright legislation. The original version of this article can be viewed at https://www.com-unik.info/2017/12/04/commerzbank-aktiengesellschaft-fi-has-5-09-million-stake-in-mattel-inc-mat.html.

About Mattel

Mattel, Inc manufactures and markets a range of toy products around the world. The Company’s segments are North America; International, and American Girl. Its portfolio of brands and products are grouped into approximately four major brand categories, including Mattel Girls & Boys Brands, Fisher-Price Brands, American Girl Brands and Construction and Arts & Crafts Brands.

Want to see what other hedge funds are holding MAT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Mattel, Inc. (NASDAQ:MAT).

Institutional Ownership by Quarter for Mattel (NASDAQ:MAT)

What are top analysts saying about Mattel Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Mattel Inc. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit