Universal Beteiligungs und Servicegesellschaft mbH Takes Position in Mattel, Inc. (NASDAQ:MAT)

Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in Mattel, Inc. (NASDAQ:MAT - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 223,696 shares of the company's stock, valued at approximately $3,966,000. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.07% of Mattel as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in MAT. Janney Montgomery Scott LLC acquired a new position in shares of Mattel in the 4th quarter worth approximately $538,000. KBC Group NV boosted its stake in shares of Mattel by 47.4% in the 4th quarter. KBC Group NV now owns 14,984 shares of the company's stock valued at $266,000 after purchasing an additional 4,818 shares during the last quarter. Stratos Wealth Advisors LLC acquired a new position in shares of Mattel in the 4th quarter valued at $1,428,000. Empowered Funds LLC boosted its holdings in Mattel by 5.3% during the fourth quarter. Empowered Funds LLC now owns 411,591 shares of the company's stock worth $7,298,000 after buying an additional 20,599 shares during the last quarter. Finally, Empirical Finance LLC acquired a new stake in Mattel during the 4th quarter worth $502,000. 97.15% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of brokerages recently commented on MAT. Morgan Stanley raised their price objective on shares of Mattel from $16.00 to $17.00 and gave the stock an "equal weight" rating in a report on Tuesday, May 6th. Wall Street Zen raised Mattel from a "hold" rating to a "buy" rating in a research note on Saturday, May 24th. DA Davidson reaffirmed a "buy" rating and set a $30.00 price objective on shares of Mattel in a research report on Thursday, May 15th. Jefferies Financial Group upgraded Mattel from a "hold" rating to a "buy" rating and increased their price objective for the stock from $20.00 to $28.00 in a report on Wednesday, February 5th. Finally, The Goldman Sachs Group cut their target price on Mattel from $24.00 to $21.00 and set a "buy" rating on the stock in a research note on Wednesday, May 7th. Two equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $24.14.

Mattel Stock Up 0.9%

Shares of NASDAQ:MAT traded up $0.17 during trading on Tuesday, hitting $18.74. 2,681,277 shares of the company were exchanged, compared to its average volume of 3,743,686. Mattel, Inc. has a fifty-two week low of $13.95 and a fifty-two week high of $22.07. The stock has a market cap of $6.05 billion, a price-to-earnings ratio of 11.71, a P/E/G ratio of 2.35 and a beta of 0.61. 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 moving average price of $17.26 and a two-hundred day moving average price of $18.64.

Mattel (NASDAQ:MAT - Get Free Report) last issued its earnings results on Monday, May 5th. The company reported ($0.03) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.11) by $0.08. The business had revenue of $826.60 million during the quarter, compared to the consensus estimate of $791.49 million. Mattel had a net margin of 10.07% and a return on equity of 25.94%. Mattel's revenue was up 2.1% on a year-over-year basis. During the same period last year, the business posted ($0.05) EPS. As a group, research analysts anticipate that Mattel, Inc. will post 1.7 earnings per share 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.