ING Groep NV Sells 27167 Shares of Mattel, Inc. (MAT)


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%.

ILLEGAL ACTIVITY WARNING: This report was reported by Stock Observer and is the sole property of of Stock Observer. If you are reading this article on another website, it was stolen and republished in violation of United States & global copyright law.

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.



Related Posts

NASA looking for someone to protect Earth from aliens
The space agency have a job opening for a "planetary protection officer" for the next three to five years. Some speculate that aliens are already here and have been for some time.

Community Health Systems posts 2Q loss
State of Tennessee Treasury Department increased its stake in shares of Community Health Systems by 138.4% in the first quarter. Renaissance Technologies LLC bought a new position in Community Health Systems during the fourth quarter valued at $8,810,000.

Gramercy Property Trust Inc. (NYSE:GPT) Reviewed By Analysts
Finally, GSA Capital Partners LLP boosted its position in Columbia Property Trust by 6.3% in the fourth quarter. Palisade Capital Management LLC NJ boosted its stake in Gramercy Property Trust by 1.0% in the second quarter.

Young Cancer Patient Who Met Hero Odell Beckham Dies
But with the help of the Make-A-Wish Foundation, Ponce was able to meet the superstar receiver and the man he called his "hero". Truly an unbelievable person filled wit attractive energy. "I'm praying for his family", Richburg said in a statement.

Trump Administration Planning Trade Action Against China
Both China's Foreign Ministry and Commerce Ministry did not respond immediately to requests for comment. But the statute has been little used since the World Trade Organisation was launched in 1995.

Global GDP growth forecast revised up to 3.6%, NIESR says
NIESR economist Amit Kara said: "The economy is doing better than the most pessimistic forecasts". The Bank of England will unveil its own updated GDP forecasts in its Inflation Report on Thursday.

Cristiano Ronaldo calls critics insects after appearing in court
Last summer, Barcelona legend Lionel Messi also faced similar charges for which he and his father convicted. In Spain, a judge can suspend sentences of less than two years for first-time offenders.

No delays from boosted security over foiled Sydney terror plot
Prime Minister Malcolm Turnbull said security measures had been upgraded at all of Australia's major airports. Those flying internationally will need to arrive three hours before their flight is scheduled.

Bride Pulls A Gun On Her Husband After Wedding
A witness told police the newlyweds had been drinking and caught in a heated argument outside the motel. The officers made the arrest after an unusual call was made at the Clarion Inn.

Prince Philip to retire from public life Wednesday
With his retirement, Prince Charles, 68, and Prince William, 35, will instead be by the Queen's side at public events. They have been doing 16.64miles a day in tribute to the year the Royal Navy's elite infantry force was founded.

© 2015 ExpressNewsline. All Rights reserved.