News articles about Mattel (NASDAQ:MAT) have been trending somewhat positive on Sunday, according to Accern Sentiment. The complaint alleges that, throughout the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) prior to and during the Class Period, Mattel's retail consumers were loaded with extremely high levels of unsold Mattel product and, as a outcome, (2) Mattel was exposed to the heightened risk that it would have to issue its retailers financial concessions (in the form of sales adjustments, discounts, and promotions) to remove such excess inventory, and (3) Mattel also faced a heightened risk that it would experience slower sales growth in future periods.
Mattel (NASDAQ:MAT) previously announced its fiscal periodic earnings information on Early Thur, Jul 27th. (NASDAQ:MAT). Parametric Port Assoc Limited Liability Company holds 948,987 shares or 0.04% of its portfolio. The company had revenue of $735.60 million during the quarter, compared to the consensus estimate of $797.60 million. Mattel had a return on equity of 11.62% and a net margin of 4.51%. ELM Advisors LLC now owns 10,133 shares of the company's stock valued at $260,000 after buying an additional 1,000 shares in the last quarter. MKM Partners lowered their target price on Mattel from $24.00 to $22.00 and set a buy rating for the company in a research note on Monday, July 3rd. The stock has "Neutral" rating by DA Davidson on Thursday, June 15. (NASDAQ:MAT) earned "Hold" rating by Stifel Nicolaus on Friday, June 9. 1 is equivalent to a buy rating, 3 a hold rating, and 5 a sell rating. "8" Analysts notified the investors of the company to "Hold" stock. This company shares are 19.48% off its target price of $23.92 and the current market capitalization stands at $7.44B. (NASDAQ:MAT). Peak6 LP has 0% invested in Mattel, Inc. Moreover, Kempen Capital Management N.V. has 2.66% invested in the company for 771,921 shares. The relative volume of the stock is 3.12, while its market cap is $7.3 Billion. Mattel, Inc. has a 12-month low of $19.16 and a 12-month high of $34.24. Mattel, Inc. The firm's 50-day moving average price is $20.98 and its 200 day moving average price is $23.97. Shareholders of record on Wednesday, August 23rd will be paid a $0.15 dividend. The ex-dividend date is Mon, Aug 21st. this indicates a $0.60 dividend on a yearly basis and a payout of of 3.06%. Mattel's payout ratio is now 192.41%. Jefferies Group LLC now has a $17.00 price objective on the stock, down from their prior price objective of $19.00. While the company's share hit the 52 week high on 07/27/17 stationing the value of $175.49. The company's shares were assimilated at $25.97 per share worth to an investment of some $249,572 on account of SINCLAIR CHRISTOPHER A. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Hedge funds have recently made changes to their positions in the company. Thrivent Financial for Lutherans boosted its position in Mattel by 7.9% in the fourth quarter. Bollard Group LLC now owns 4,200 shares of the company's stock valued at $108,000 after buying an additional 62 shares in the last quarter. Finally, Vanguard Group Inc. raised its position in Mattel by 4.0% in the first quarter. It improved, as 56 investors sold Mattel, Inc. shares while 159 reduced holdings. Teachers Advisors LLC now owns 5,489,017 shares of the company's stock worth $151,222,000 after buying an additional 193,043 shares during the last quarter. Ffcm LLC raised its stake in Mattel by 0.9% in the first quarter. Finally, Kentucky Retirement Systems Insurance Trust Fund acquired a new position in Mattel during the fourth quarter worth about $305,000. The firm's institutional ownership remained 72.80% while insider ownership included 0.10%.
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Mattel, Inc. manufactures and markets a range of toy products around the world. The Company's segments are North America; International, and American Girl. The Business's portfolio of brands and products are grouped into approximately four brand categories, including Mattel Girls & Boys Brands, Fisher-Price Brands, American Girl Brands, and Construction and Arts & Crafts Brands.