Two Sigma Securities LLC Takes $466,000 Position in Mattel, Inc. (NASDAQ:MAT)

Two Sigma Securities LLC purchased a new stake in shares of Mattel, Inc. (NASDAQ:MAT - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 26,258 shares of the company's stock, valued at approximately $466,000.

Several other institutional investors also recently bought and sold shares of the company. Franklin Resources Inc. raised its position in Mattel by 84.0% during the 3rd quarter. Franklin Resources Inc. now owns 9,352,223 shares of the company's stock worth $176,757,000 after buying an additional 4,270,162 shares during the last quarter. Norges Bank purchased a new position in shares of Mattel during the 4th quarter valued at about $54,929,000. Hennessy Advisors Inc. purchased a new position in shares of Mattel during the 4th quarter valued at approximately $53,238,000. Invesco Ltd. lifted its stake in shares of Mattel by 468.3% in the 4th quarter. Invesco Ltd. now owns 3,394,958 shares of the company's stock valued at $60,193,000 after purchasing an additional 2,797,559 shares during the period. Finally, Fuller & Thaler Asset Management Inc. acquired a new stake in shares of Mattel during the 4th quarter valued at about $33,942,000. 97.15% of the stock is currently owned by institutional investors and hedge funds.

Mattel Trading Up 0.9 %

Mattel stock traded up $0.14 during trading on Wednesday, reaching $15.89. 3,940,651 shares of the company were exchanged, compared to its average volume of 3,584,810. The company has a debt-to-equity ratio of 1.03, a current ratio of 2.38 and a quick ratio of 2.00. The stock's 50 day simple moving average is $18.23 and its two-hundred day simple moving average is $18.76. The company has a market capitalization of $5.13 billion, a P/E ratio of 9.93, a PEG ratio of 2.35 and a beta of 0.51. Mattel, Inc. has a 52-week low of $13.95 and a 52-week high of $22.07.

Mattel (NASDAQ:MAT - Get Free Report) last released its quarterly earnings data on Tuesday, February 4th. The company reported $0.35 earnings per share (EPS) for the quarter, topping 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 quarter in the previous year, the company earned $0.29 earnings per share. On average, equities research analysts expect that Mattel, Inc. will post 1.7 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on MAT shares. DA Davidson raised shares of Mattel to a "strong-buy" rating in a report on Monday, April 14th. Morgan Stanley lifted their price target 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 Mattel from a "hold" rating to a "buy" rating and increased their price objective for the company from $20.00 to $28.00 in a research note on Wednesday, February 5th. Finally, StockNews.com raised shares of Mattel from a "hold" rating to a "buy" rating in a research note on Wednesday, March 12th. Two research analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $26.40.

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.