Natixis Advisors LLC Has $447,000 Stake in Mattel, Inc. (NASDAQ:MAT)

Natixis Advisors LLC trimmed its stake in Mattel, Inc. (NASDAQ:MAT) by 12.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 25,185 shares of the company’s stock after selling 3,702 shares during the quarter. Natixis Advisors LLC’s holdings in Mattel were worth $447,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also made changes to their positions in the company. EverSource Wealth Advisors LLC lifted its position in Mattel by 150.1% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,543 shares of the company’s stock worth $27,000 after buying an additional 926 shares in the last quarter. West Oak Capital LLC increased its stake in shares of Mattel by 9,775.0% in the fourth 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 during the last quarter. GAMMA Investing LLC raised its holdings in shares of Mattel by 26.6% during the fourth quarter. GAMMA Investing LLC now owns 3,541 shares of the company’s stock worth $63,000 after acquiring an additional 744 shares in the last quarter. Venturi Wealth Management LLC boosted 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 purchasing an additional 2,972 shares during the last quarter. Finally, Smartleaf Asset Management LLC grew its stake in Mattel by 2,698.0% in the fourth 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 in the last quarter. 97.15% of the stock is currently owned by institutional investors and hedge funds.

Mattel Price Performance

Shares of Mattel stock opened at $19.67 on Friday. The company has a current ratio of 2.38, a quick ratio of 2.00 and a debt-to-equity ratio of 1.03. The firm has a fifty day simple moving average of $20.19 and a 200-day simple moving average of $19.29. The stock has a market capitalization of $6.55 billion, a price-to-earnings ratio of 12.29, a PEG ratio of 2.35 and a beta of 0.65. Mattel, Inc. has a 1-year low of $15.87 and a 1-year high of $22.07.

Mattel (NASDAQ:MAT) last released its earnings results on Tuesday, February 4th. The company reported $0.35 earnings per share for the quarter, topping analysts’ consensus estimates 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 quarter last year, the business posted $0.29 earnings per share. On average, sell-side analysts expect that Mattel, Inc. will post 1.7 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. StockNews.com raised Mattel from a “hold” rating to a “buy” rating in a research note on Wednesday, March 12th. DA Davidson raised their price objective on shares of Mattel from $27.00 to $30.00 and gave the company a “buy” rating in a research report on Wednesday, February 5th. Morgan Stanley boosted their target price 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. Finally, Jefferies Financial Group upgraded shares of Mattel from a “hold” rating to a “buy” rating and raised their price target for the company from $20.00 to $28.00 in a 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’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $25.57.

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.