Mattel Inc (NASDAQ:MAT) Quarterly Sentiment Change Report

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Sentiment for Mattel Inc (NASDAQ:MAT)

Mattel Inc (NASDAQ:MAT) institutional sentiment increased to 0.99 in Q1 2019. Its up 0.15, from 0.84 in 2018Q4. The ratio has increased, as 133 investment professionals started new and increased stock positions, while 135 decreased and sold their positions in Mattel Inc. The investment professionals in our partner’s database now own: 427.58 million shares, down from 428.24 million shares in 2018Q4. Also, the number of investment professionals holding Mattel Inc in their top 10 stock 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 $3.91 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 15.79% or $2.12 during the last trading session, reaching $11.31. About 15.25M shares traded or 96.72% up from the average. Mattel, Inc. (NASDAQ:MAT) has declined 6.17% since August 11, 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 EPS, down 22.22 % or $0.04 from last year’s $0.18 per share. MAT’s profit will be $48.37 million for 20.20 P/E if the $0.14 EPS becomes a reality. After $-0.25 actual EPS 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 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 27.76% above today’s ($11.31) share price. MAT was included in 6 notes of analysts from February 19, 2019. Stifel Nicolaus maintained Mattel, Inc. (NASDAQ:MAT) on Wednesday, February 20 with “Hold” rating. The firm has “Outperform” rating by BMO Capital Markets given on Tuesday, February 26. DA Davidson maintained it with “Hold” rating and $12.25 target in Tuesday, February 19 report. On Wednesday, March 6 the stock rating was maintained by M Partners with “Hold”.

More notable recent Mattel, Inc. (NASDAQ:MAT) news were published by: Nasdaq.com which released: “Mattel (MAT) Reports Q2 Loss, Tops Revenue Estimates – Nasdaq” on July 25, 2019, also Nasdaq.com with their article: “Why Mattel Stock Soared 30% in July – Nasdaq” published on August 06, 2019, Nasdaq.com published: “Consumer Sector Update for 08/09/2019: MAT,YELP,FTCH – Nasdaq” on August 09, 2019. More interesting news about Mattel, Inc. (NASDAQ:MAT) were released by: Finance.Yahoo.com and their article: “7 Signs Mattel Is Moving in the Right Direction – Yahoo Finance” published on August 03, 2019 as well as Seekingalpha.com‘s news article titled: “Mattel pulls planned bond sale; shares plunge – Seeking Alpha” with publication date: August 09, 2019.

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

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