Economy

Mattel, Inc. (MAT) Issues Quarterly Earnings Results

Glacier Peak Lc reported 200,000 shares or 1.75% of all its holdings.

In other news, CEO Mary Margaret Hasti Georgiadis acquired 12,660 shares of Mattel stock in a transaction on Tuesday, August 1st.

Other firms have also shifted positions in (MAT).

Investors and Traders continue to monitor technical levels of shares of Mattel, Inc. Moody National Bank Trust Division now owns 20,672 shares of the company's stock worth $529,000 after buying an additional 57 shares during the last quarter. Vanguard Group Inc. boosted its position in shares of Mattel by 4.0% in the first quarter. The Bessemer Group Inc holds 4.62M shares with $127.32M value, up from 3.70M last quarter. The dividend will be $0.150 per share for the quarter which is $0.60 annualized. Similar statistics are true for the second largest owner, Price T Rowe Associates Inc /Md/, which owns 28,175,937 shares of the stock are valued at $493.36 million. Finally, Credit Suisse AG raised its position in Mattel by 165.6% in the first quarter. Manufacturers Life Insurance Company, The controls 80,375 shares worth $1,730,000.

Fairpointe Capital LLC reports that it raised its ownership in Mattel, Inc.by 8,598.6% as reported in a filing on 08/15/2017. It also reduced Campbell Soup Co (NYSE:CPB) stake by 43,445 shares and now owns 827 shares.

The beta factor of Mattel, Inc.

Mattel (NASDAQ:MAT) last announced its quarterly earnings results on Thursday, July 27th. The stock has a 50 day moving average of $20.21 and a 200 day moving average of $23.03.

The most current P/E ratio is 25.05 and market cap is 5.98B.

Presently Mattel, Inc. (NASDAQ:MAT) stock have an ABR of 2.40. The firm's revenue was up 1.8% compared to the same quarter previous year. The company had revenue of $974.50 million during the quarter, compared to analysts' expectations of $972.36 million. The business's revenue was up 1.8% on a year-over-year basis. The stock declined 0.92% or $0.16 reaching $17.27 on the news. As of the last earnings report the EPS was $0.70 and is expected to be $0.80 for the current year with 342,726,000 shares now outstanding. The ex-dividend date will be on Wednesday May 17th, 2017. The dividend yield will be $3.43. The ex-dividend date is Monday, August 21st. Mattel's payout ratio is now 220.29%. Capstone Asset Management Communications reported 27,081 shares.

Now we take a performance look how Mattel, Inc. "(MAT)" was originally reported by Transcript Daily and is the property of of Transcript Daily. If you are viewing this story on another publication, it was stolen and reposted in violation of USA & global trademark and copyright laws. The legal version of this report can be accessed at https://www.baseball-news-blog.com/2017/08/15/mattel-inc-mat-position-boosted-by-advisors-asset-management-inc.html. M Partners maintained the shares of MAT in report on Thursday, July 21 with "Neutral" rating. Goldman Sachs upgraded the stock to "Conviction Buy" rating in Monday, January 25 report. The shares price has positioned -22.40% down over the past quarter while it has directed -32.73% toward a falling position throughout past six months. The rating was maintained by BMO Capital Markets with "Buy" on Thursday, July 13. Stifel Nicolaus reissued a "hold" rating on shares of Mattel in a report on Thursday, August 3rd. Finally, Monness Crespi & Hardt cut their price target on shares of Mattel from $34.00 to $29.00 and set a "buy" rating for the company in a research note on Friday, April 21st. Equity analyst DA Davidson initiated coverage with an initial rating of "Buy". Mattel now has a consensus rating of "Hold" and a consensus price target of $26.53. Following the completion of the purchase, the chief executive officer now directly owns 116,788 shares of the company's stock, valued at approximately $2,290,212.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Mattel, Inc manufactures and markets a range of toy products around the world. Moreover, American Capital Management Inc has 5.6% invested in the company for 1.14 million shares. The Company's portfolio of brands and products are grouped into approximately four major brand categories, including Mattel Girls & Boys Brands, Fisher-Price Brands, American Girl Brands and Construction and Arts & Crafts Brands. It increased, as 56 investors sold MAT shares while 159 reduced holdings.



Like this

loading...
loading...

Latest


16 August 2017
Alibaba Group Holding Limited (NYSE:BABA)
Shares of Alibaba ( BABA ) were up 0.5% to $155.35 in early trading after Stifel analysts Scott Devitt , Lamont Williams and D. This repurchase authorization authorizes the specialty retailer to reacquire shares of its stock through open market purchases.

16 August 2017
The Chipotle Mexican Grill, Inc. (CMG) Earns "Neutral" Rating from Wedbush
Moreover, Blackrock Advsr Ltd Limited Liability Company has 0% invested in Manning and Napier Inc (NYSE:MN) for 5,384 shares. It dived, as 84 investors sold CMG shares while 198 reduced holdings. 95 funds opened positions while 214 raised stakes.

16 August 2017
Mindy Kaling breaks her silence on surprise pregnancy
It's absolutely no one's business who the father is and if she doesn't want to share that fact, no one should be asking. Oh, Mindy , never change. and congrats! But Kaling herself stayed mum on the news-that is until now.

15 August 2017
DJI Adds Offline Mode for Incognito Flights
DJI stated that the newest feature will not be available where an Internet connection is required or where local regulations require having one.

15 August 2017
ON Semiconductor Corporation (NASDAQ:ON) Jumps 1.40% in Pre-Market
ON Semiconductor Corporation (NASDAQ:ON) was the target of a significant decrease in short interest during the month of July. Hood River Capital Management LLC raised its position in MagnaChip Semiconductor Corporation by 24.0% in the second quarter.

15 August 2017
Google creates lovely doodle to celebrate India's Independence Day
A Google Doodle is a temporary adjustment of the logo on the homepage to celebrate holidays, events, achievements and people. The Google Doodle showcases the Indian Parliament building in orange hues with an Ashoka Chakra in the foreground.

15 August 2017
Sandoval to announce Obamacare carrier for 14 Nevada counties
The Exchange was established per Nevada Revised Statues in 2011, and operations began in 2013. Health Plan of Nevada will provide an insurance option in Nye, Clark, and Washoe counties.

15 August 2017
First Huawei Mate 10 renders leaked out along with some specs
Huawei is ready to prove that it can compete with Apple and Samsung in the high-end market with the Mate 10. The details about the device and how it will look like are scarce at the moment, but that changes now.

15 August 2017
Anna Faris Speaks Out for the First Time After Chris Pratt Split
I don't know what happened there, [Chris] is still living in the house. Want stories like these delivered straight to your phone?

15 August 2017
More Positive West Nile Tests in Perth County
The Perth District Health Unit tested the first positive mosquito last week in the north-eastern part of Mitchell. State health officials say no cases of the sickness have been reported but residents should take precautions.