Keybank National Association OH Sells 8,005 Shares of Mattel, Inc. (NASDAQ:MAT)

Keybank National Association OH lessened its holdings in shares of Mattel, Inc. (NASDAQ:MATFree Report) by 22.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 27,560 shares of the company’s stock after selling 8,005 shares during the period. Keybank National Association OH’s holdings in Mattel were worth $607,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of MAT. Money Concepts Capital Corp purchased a new stake in shares of Mattel in the 4th quarter worth approximately $29,000. Belpointe Asset Management LLC grew its stake in shares of Mattel by 193.5% in the 1st quarter. Belpointe Asset Management LLC now owns 1,805 shares of the company’s stock worth $33,000 after buying an additional 1,190 shares during the last quarter. Pinebridge Investments L.P. grew its stake in shares of Mattel by 30.0% in the 2nd quarter. Pinebridge Investments L.P. now owns 2,425 shares of the company’s stock worth $47,000 after buying an additional 559 shares during the last quarter. Clearstead Advisors LLC purchased a new stake in shares of Mattel in the 3rd quarter worth approximately $52,000. Finally, Delta Asset Management LLC TN grew its stake in shares of Mattel by 136,250.0% in the 2nd quarter. Delta Asset Management LLC TN now owns 2,727 shares of the company’s stock worth $53,000 after buying an additional 2,725 shares during the last quarter. Hedge funds and other institutional investors own 93.51% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently issued reports on MAT. Stifel Nicolaus lowered their price objective on Mattel from $26.00 to $23.00 and set a “buy” rating on the stock in a research report on Wednesday, January 24th. StockNews.com cut Mattel from a “buy” rating to a “hold” rating in a research report on Wednesday, January 24th. Roth Capital cut Mattel from a “buy” rating to a “neutral” rating in a report on Thursday, January 4th. Roth Mkm reissued a “neutral” rating and set a $20.00 price target (down from $24.00) on shares of Mattel in a report on Thursday, January 4th. Finally, JPMorgan Chase & Co. cut Mattel from an “overweight” rating to a “neutral” rating and lowered their price target for the company from $24.00 to $19.00 in a report on Monday. Five analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, Mattel presently has an average rating of “Moderate Buy” and a consensus price target of $22.70.

View Our Latest Stock Report on Mattel

Mattel Trading Up 0.3 %

Shares of MAT stock opened at $18.52 on Wednesday. Mattel, Inc. has a 52-week low of $15.36 and a 52-week high of $22.64. The company has a debt-to-equity ratio of 1.14, a quick ratio of 1.73 and a current ratio of 2.33. The firm has a market capitalization of $6.54 billion, a PE ratio of 80.53, a PEG ratio of 1.49 and a beta of 0.96. The stock has a fifty day simple moving average of $18.60 and a two-hundred day simple moving average of $19.92.

Mattel Company Profile

(Free Report)

Mattel, Inc, a children's and family entertainment company, designs and produces toys and consumer products worldwide. The company operates through North America, International, and American Girl segments. It offers dolls and accessories, as well as content, gaming, and lifestyle products for children under the Barbie, Monster High, American Girl, Disney Princess and Frozen, and Polly Pocket brands; dolls and books under the American Girl brand name; die-cast vehicles, tracks, playsets, and accessories for kids of all ages, and collectors under the Hot Wheels, Monster Trucks, Matchbox, CARS, and Mario Kart brand names; and infant, toddler, and preschool products comprising content, toys, live events, and other lifestyle products under the Fisher-Price and Thomas & Friends, and Power wheels brands.

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Institutional Ownership by Quarter for Mattel (NASDAQ:MAT)

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