Mattel, Inc. (NASDAQ:MAT) Shares Sold by Oregon Public Employees Retirement Fund

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Oregon Public Employees Retirement Fund lessened its holdings in Mattel, Inc. (NASDAQ:MATGet Rating) by 0.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 112,417 shares of the company’s stock after selling 859 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Mattel were worth $2,497,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the business. Covestor Ltd acquired a new position in shares of Mattel during the fourth quarter valued at $52,000. Pinebridge Investments L.P. acquired a new position in shares of Mattel during the fourth quarter valued at $93,000. MQS Management LLC acquired a new position in shares of Mattel during the fourth quarter valued at $200,000. Virginia Retirement Systems ET AL acquired a new position in shares of Mattel during the fourth quarter valued at $201,000. Finally, Quantitative Investment Management LLC acquired a new position in shares of Mattel during the fourth quarter valued at $212,000. 97.94% of the stock is owned by hedge funds and other institutional investors.

MAT stock opened at $23.04 on Friday. The company has a market capitalization of $8.12 billion, a P/E ratio of 7.78 and a beta of 1.26. The company has a 50-day simple moving average of $23.84 and a 200 day simple moving average of $23.07. Mattel, Inc. has a fifty-two week low of $17.94 and a fifty-two week high of $26.99. The company has a quick ratio of 1.08, a current ratio of 1.71 and a debt-to-equity ratio of 1.44.

Mattel (NASDAQ:MATGet Rating) last posted its quarterly earnings data on Wednesday, April 27th. The company reported $0.08 earnings per share for the quarter, topping the consensus estimate of ($0.05) by $0.13. The business had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $931.83 million. Mattel had a net margin of 18.75% and a return on equity of 42.01%. During the same quarter in the prior year, the company posted ($0.10) earnings per share. Equities analysts anticipate that Mattel, Inc. will post 1.48 EPS for the current year.

MAT has been the subject of several analyst reports. StockNews.com downgraded shares of Mattel from a “buy” rating to a “hold” rating in a report on Monday. MKM Partners reduced their price target on shares of Mattel from $34.00 to $30.00 and set a “buy” rating for the company in a report on Thursday. One research analyst has rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat, Mattel presently has an average rating of “Moderate Buy” and an average target price of $33.33.

Mattel Profile (Get Rating)

Mattel, Inc, a children’s 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, Polly Pocket, Spirit, and Enchantimals 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, Power wheels, and Fireman Sam brands.

See Also

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Institutional Ownership by Quarter for Mattel (NASDAQ:MAT)



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