Krilogy Financial LLC Grows Holdings in Mattel, Inc. (NASDAQ:MAT)

Krilogy Financial LLC lifted its position in shares of Mattel, Inc. (NASDAQ:MAT) by 12.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 75,828 shares of the company’s stock after acquiring an additional 8,467 shares during the quarter. Krilogy Financial LLC’s holdings in Mattel were worth $1,344,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the business. Nisa Investment Advisors LLC grew its stake in shares of Mattel by 2.8% in the 3rd quarter. Nisa Investment Advisors LLC now owns 25,795 shares of the company’s stock valued at $491,000 after buying an additional 693 shares during the period. GAMMA Investing LLC grew its position 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 acquiring an additional 744 shares during the period. State of Alaska Department of Revenue increased its stake in Mattel by 3.0% during the third quarter. State of Alaska Department of Revenue now owns 39,484 shares of the company’s stock worth $752,000 after acquiring an additional 1,160 shares during the last quarter. KBC Group NV raised its position in Mattel by 13.8% in the third quarter. KBC Group NV now owns 10,166 shares of the company’s stock valued at $194,000 after purchasing an additional 1,229 shares during the period. Finally, UMB Bank n.a. lifted its stake in shares of Mattel by 584.3% in the 3rd quarter. UMB Bank n.a. now owns 1,485 shares of the company’s stock valued at $28,000 after purchasing an additional 1,268 shares during the last quarter. 97.15% of the stock is currently owned by institutional investors and hedge funds.

Mattel Trading Down 0.1 %

NASDAQ MAT opened at $17.93 on Friday. Mattel, Inc. has a one year low of $15.87 and a one year high of $20.59. The firm has a market cap of $6.04 billion, a PE ratio of 11.21, a P/E/G ratio of 0.88 and a beta of 0.75. The firm’s fifty day moving average is $18.51 and its two-hundred day moving average is $18.63. The company has a debt-to-equity ratio of 1.01, a quick ratio of 1.88 and a current ratio of 2.45.

Mattel (NASDAQ:MAT) last issued its quarterly earnings results on Wednesday, October 23rd. The company reported $1.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.95 by $0.19. Mattel had a return on equity of 25.39% and a net margin of 10.24%. The firm had revenue of $1.84 billion for the quarter, compared to analysts’ expectations of $1.86 billion. During the same quarter in the previous year, the firm posted $1.08 EPS. The firm’s revenue for the quarter was down 3.9% on a year-over-year basis. Analysts expect that Mattel, Inc. will post 1.46 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms have weighed in on MAT. Bank of America lifted their target price on Mattel from $26.00 to $28.00 and gave the company a “buy” rating in a research report on Thursday, October 24th. Morgan Stanley upped their price objective on Mattel from $21.00 to $22.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 24th. DA Davidson reiterated a “buy” rating and issued a $27.00 target price on shares of Mattel in a report on Thursday, October 24th. Jefferies Financial Group upped their price target on Mattel from $18.25 to $20.00 and gave the stock a “hold” rating in a report on Tuesday, October 1st. Finally, StockNews.com cut shares of Mattel from a “buy” rating to a “hold” rating in a research report on Wednesday. Five investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $23.75.

About Mattel

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.