Mattel Inc (NASDAQ:MAT) Institutional Investor Sentiment Trend

Mattel, Inc. (NASDAQ:MAT) Logo

Sentiment for Mattel Inc (NASDAQ:MAT)

Mattel Inc (NASDAQ:MAT) institutional sentiment increased to 0.99 in 2019 Q1. Its up 0.15, from 0.84 in 2018Q4. The ratio is more positive, as 133 active investment managers started new and increased equity positions, while 135 decreased and sold their stock positions in Mattel Inc. The active investment managers in our partner’s database now possess: 427.58 million shares, down from 428.24 million shares in 2018Q4. Also, the number of active investment managers holding Mattel Inc in their top 10 equity positions decreased from 3 to 2 for a decrease of 1. Sold All: 30 Reduced: 105 Increased: 87 New Position: 46.

Mattel, Inc. designs, manufactures, and markets a range of toy products worldwide. The company has market cap of $3.93 billion. The firm operates in three divisions: North America, International, and American Girl. It currently has negative earnings. It offers dolls and accessories, vehicles and play sets, and games and puzzles under the Mattel Girls & Boys brands, including Barbie, Monster High, Ever After High, Polly Pocket, DC Super Hero Girl, Disney Classics, Hot Wheels, Matchbox, CARS, DC Comics, WWE Wrestling, Minecraft, Max Steel, Little Mommy, BOOMco., and Toy Story.

The stock decreased 1.26% or $0.15 during the last trading session, reaching $11.36. About 1.72 million shares traded. Mattel, Inc. (NASDAQ:MAT) has declined 6.17% since August 14, 2018 and is downtrending. It has underperformed by 6.17% the S&P500.

Analysts await Mattel, Inc. (NASDAQ:MAT) to report earnings on October, 24. They expect $0.14 earnings per share, down 22.22 % or $0.04 from last year’s $0.18 per share. MAT’s profit will be $48.40M for 20.29 P/E if the $0.14 EPS becomes a reality. After $-0.25 actual earnings per share reported by Mattel, Inc. for the previous quarter, Wall Street now forecasts -156.00 % EPS growth.

Southeastern Asset Management Inc Tn holds 6.72% of its portfolio in Mattel, Inc. for 35.84 million shares. Edgepoint Investment Group Inc. owns 26.38 million shares or 3.76% of their US portfolio. Moreover, Fairpointe Capital Llc has 3.49% invested in the company for 8.06 million shares. The Illinois-based Ariel Investments Llc has invested 1.84% in the stock. Tobam, a France-based fund reported 1.95 million shares.

Since January 1, 0001, it had 4 insider buys, and 0 selling transactions for $1.81 million activity.

Mattel, Inc. (NASDAQ:MAT) Ratings Coverage

Ratings analysis reveals 25% of Mattel Inc’s analysts are positive. Out of 4 Wall Street analysts rating Mattel Inc, 1 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $12.25 while the high is $20. The stock’s average target of $14.45 is 27.20% above today’s ($11.36) share price. MAT was included in 6 notes of analysts from February 19, 2019. The firm earned “Hold” rating on Wednesday, March 6 by M Partners. The stock of Mattel, Inc. (NASDAQ:MAT) has “Hold” rating given on Tuesday, February 19 by DA Davidson. The firm earned “Outperform” rating on Tuesday, February 26 by BMO Capital Markets. The stock has “Hold” rating by Stifel Nicolaus on Wednesday, February 20.

More notable recent Mattel, Inc. (NASDAQ:MAT) news were published by: Prnewswire.com which released: “Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Mattel, Inc. (MAT) – PRNewswire” on August 13, 2019, also Nasdaq.com with their article: “Callaway Golf Company (ELY) Ex-Dividend Date Scheduled for August 12, 2019 – Nasdaq” published on August 09, 2019, Nasdaq.com published: “Mattel (MAT) May Report Negative Earnings: Know the Trend Ahead of Next Week’s Release – Nasdaq” on July 18, 2019. More interesting news about Mattel, Inc. (NASDAQ:MAT) were released by: Nasdaq.com and their article: “Hasbro Partners With Super Heroic to Launch Shoes & Apparels – Nasdaq” published on August 06, 2019 as well as Seekingalpha.com‘s news article titled: “Hasbro: This Best In Class Toy Company Is Expensive – Seeking Alpha” with publication date: August 13, 2019.

Mattel, Inc. (NASDAQ:MAT) Institutional Positions Chart

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