Mattel, Inc. (NASDAQ:MAT) Shares Sold by Voya Investment Management LLC

Voya Investment Management LLC lowered its holdings in Mattel, Inc. (NASDAQ:MAT - Free Report) by 62.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 90,496 shares of the company's stock after selling 151,062 shares during the period. Voya Investment Management LLC's holdings in Mattel were worth $1,604,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of MAT. EverSource Wealth Advisors LLC grew its stake in shares of Mattel by 150.1% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,543 shares of the company's stock worth $27,000 after acquiring an additional 926 shares during the period. West Oak Capital LLC raised its position in Mattel by 9,775.0% during the fourth quarter. West Oak Capital LLC now owns 1,975 shares of the company's stock valued at $35,000 after purchasing an additional 1,955 shares in the last quarter. TD Private Client Wealth LLC purchased a new position in Mattel in the 4th quarter worth $51,000. GAMMA Investing LLC boosted its holdings in Mattel by 26.6% during the 4th quarter. GAMMA Investing LLC now owns 3,541 shares of the company's stock valued at $63,000 after acquiring an additional 744 shares during the period. Finally, Venturi Wealth Management LLC grew its stake in shares of Mattel by 175.1% in the fourth quarter. Venturi Wealth Management LLC now owns 4,669 shares of the company's stock worth $83,000 after purchasing an additional 2,972 shares during the last quarter. Institutional investors own 97.15% of the company's stock.

Mattel Stock Down 0.1 %

Shares of NASDAQ:MAT traded down $0.02 during trading on Friday, hitting $17.25. The company's stock had a trading volume of 2,403,924 shares, compared to its average volume of 3,675,547. The business has a 50 day moving average price of $17.57 and a two-hundred day moving average price of $18.65. The company has a debt-to-equity ratio of 1.03, a quick ratio of 2.00 and a current ratio of 2.38. The company has a market capitalization of $5.57 billion, a PE ratio of 10.78, a P/E/G ratio of 2.35 and a beta of 0.61. Mattel, Inc. has a fifty-two week low of $13.95 and a fifty-two week high of $22.07.

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

Analyst Ratings Changes

A number of equities research analysts have weighed in on MAT shares. DA Davidson upgraded shares of Mattel to a "strong-buy" rating in a report on Monday, April 14th. Jefferies Financial Group raised Mattel from a "hold" rating to a "buy" rating and raised their price objective for the stock from $20.00 to $28.00 in a research note on Wednesday, February 5th. Morgan Stanley lifted their price objective on shares of Mattel from $16.00 to $17.00 and gave the company an "equal weight" rating in a research report on Tuesday. The Goldman Sachs Group dropped their price target on Mattel from $24.00 to $21.00 and set a "buy" rating for the company in a research note on Wednesday. Finally, Citigroup raised their price objective on shares of Mattel from $19.00 to $22.00 and gave the stock a "buy" rating in a research note on Tuesday. Two investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $24.14.

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.