Capula Management Ltd Makes New Investment in Mattel, Inc. (NASDAQ:MAT)

Capula Management Ltd purchased a new position in shares of Mattel, Inc. (NASDAQ:MAT) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 21,827 shares of the company’s stock, valued at approximately $387,000.

A number of other hedge funds also recently modified their holdings of the business. Quantinno Capital Management LP increased its holdings in Mattel by 3.2% during the 3rd quarter. Quantinno Capital Management LP now owns 108,543 shares of the company’s stock worth $2,068,000 after purchasing an additional 3,373 shares in the last quarter. State Street Corp boosted its position in shares of Mattel by 3.1% during the third quarter. State Street Corp now owns 10,517,270 shares of the company’s stock worth $200,354,000 after buying an additional 318,125 shares during the period. EP Wealth Advisors LLC bought a new position in shares of Mattel during the third quarter worth about $224,000. M&T Bank Corp raised its position in Mattel by 17.7% in the 3rd quarter. M&T Bank Corp now owns 12,078 shares of the company’s stock valued at $230,000 after buying an additional 1,815 shares during the last quarter. Finally, Geode Capital Management LLC lifted its stake in Mattel by 0.3% in the 3rd quarter. Geode Capital Management LLC now owns 6,134,691 shares of the company’s stock valued at $116,896,000 after acquiring an additional 17,309 shares in the last quarter. Institutional investors and hedge funds own 97.15% of the company’s stock.

Mattel Trading Down 4.1 %

Mattel stock opened at $15.78 on Tuesday. The stock has a 50-day simple moving average of $20.20 and a 200 day simple moving average of $19.26. The stock has a market capitalization of $5.10 billion, a P/E ratio of 9.86, a PEG ratio of 2.35 and a beta of 0.51. The company has a debt-to-equity ratio of 1.03, a quick ratio of 2.00 and a current ratio of 2.38. Mattel, Inc. has a 52 week low of $15.44 and a 52 week high of $22.07.

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 period in the previous year, the business earned $0.29 earnings per share. Analysts expect that Mattel, Inc. will post 1.7 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages have recently commented on MAT. DA Davidson boosted 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 boosted their price target on shares of Mattel from $22.00 to $23.00 and gave the stock an “equal weight” rating in a research report on Wednesday, February 5th. StockNews.com upgraded Mattel from a “hold” rating to a “buy” rating in a report on Wednesday, March 12th. Finally, Jefferies Financial Group raised 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 report on Wednesday, February 5th. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $25.57.

Mattel Company 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.