Commonwealth of Pennsylvania Public School Empls Retrmt SYS Sells 519 Shares of Mattel, Inc. (NASDAQ:MAT)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS trimmed its position in Mattel, Inc. (NASDAQ:MAT) by 0.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 74,406 shares of the company’s stock after selling 519 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Mattel were worth $1,319,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in MAT. EverSource Wealth Advisors LLC increased its stake in Mattel by 150.1% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,543 shares of the company’s stock worth $27,000 after purchasing an additional 926 shares during the period. West Oak Capital LLC raised its position in shares of 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 acquiring an additional 1,955 shares in the last quarter. GAMMA Investing LLC raised its holdings in Mattel by 26.6% in the fourth quarter. GAMMA Investing LLC now owns 3,541 shares of the company’s stock worth $63,000 after purchasing an additional 744 shares in the last quarter. Venturi Wealth Management LLC lifted its position 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 acquiring an additional 2,972 shares during the last quarter. Finally, Smartleaf Asset Management LLC lifted its holdings in shares of Mattel by 2,698.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 7,079 shares of the company’s stock valued at $125,000 after purchasing an additional 6,826 shares during the last quarter. Institutional investors own 97.15% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently issued reports on MAT. StockNews.com raised Mattel from a “hold” rating to a “buy” rating in a research report on Wednesday, March 12th. Morgan Stanley boosted their price objective on Mattel from $22.00 to $23.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 5th. Jefferies Financial Group raised shares of Mattel from a “hold” rating to a “buy” rating and increased their price target for the company from $20.00 to $28.00 in a research note on Wednesday, February 5th. Finally, DA Davidson upped their price target on Mattel from $27.00 to $30.00 and gave the company a “buy” rating in a research note on Wednesday, February 5th. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $25.57.

Mattel Trading Down 2.4 %

NASDAQ MAT opened at $19.68 on Wednesday. The company has a debt-to-equity ratio of 1.03, a quick ratio of 2.00 and a current ratio of 2.38. The firm has a market cap of $6.56 billion, a price-to-earnings ratio of 12.30, a PEG ratio of 2.35 and a beta of 0.65. The firm has a 50 day simple moving average of $20.12 and a 200-day simple moving average of $19.29. Mattel, Inc. has a one year low of $15.87 and a one year high of $22.07.

Mattel (NASDAQ:MAT) last issued its quarterly earnings results on Tuesday, February 4th. The company reported $0.35 EPS for the quarter, beating the consensus estimate of $0.20 by $0.15. Mattel had a net margin of 10.07% and a return on equity of 25.94%. During the same period in the previous year, the firm posted $0.29 earnings per share. Equities research analysts anticipate 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.