Aaron Wealth Advisors LLC Has $239,000 Holdings in Mattel, Inc. (NASDAQ:MAT)

Aaron Wealth Advisors LLC boosted its stake in Mattel, Inc. (NASDAQ:MAT) by 18.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,455 shares of the company’s stock after buying an additional 2,082 shares during the quarter. Aaron Wealth Advisors LLC’s holdings in Mattel were worth $239,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. UMB Bank n.a. grew its holdings in shares of Mattel by 584.3% in the 3rd quarter. UMB Bank n.a. now owns 1,485 shares of the company’s stock worth $28,000 after purchasing an additional 1,268 shares during the last quarter. V Square Quantitative Management LLC acquired a new position in Mattel in the third quarter valued at about $29,000. Prospera Private Wealth LLC bought a new stake in Mattel during the third quarter worth about $34,000. West Oak Capital LLC increased its holdings in shares of Mattel by 9,775.0% during the fourth quarter. West Oak Capital LLC now owns 1,975 shares of the company’s stock worth $35,000 after buying an additional 1,955 shares in the last quarter. Finally, GAMMA Investing LLC raised its stake in shares of Mattel by 38.3% in the third quarter. GAMMA Investing LLC now owns 2,797 shares of the company’s stock valued at $53,000 after acquiring an additional 775 shares during the last quarter. 97.15% of the stock is currently owned by institutional investors.

Mattel Trading Up 0.4 %

Shares of NASDAQ MAT opened at $18.00 on Wednesday. The company’s 50 day simple moving average is $18.47 and its 200 day simple moving average is $18.67. The firm has a market capitalization of $6.06 billion, a P/E ratio of 11.25, a P/E/G ratio of 0.85 and a beta of 0.75. Mattel, Inc. has a fifty-two week low of $15.87 and a fifty-two week high of $20.59. The company has a debt-to-equity ratio of 1.01, a current ratio of 2.45 and a quick ratio of 1.88.

Mattel (NASDAQ:MAT) last announced its quarterly earnings results on Wednesday, October 23rd. The company reported $1.14 EPS for the quarter, beating analysts’ consensus estimates of $0.95 by $0.19. The company had revenue of $1.84 billion during the quarter, compared to analysts’ expectations of $1.86 billion. Mattel had a return on equity of 25.39% and a net margin of 10.24%. Mattel’s revenue was down 3.9% on a year-over-year basis. During the same period in the prior year, the business posted $1.08 EPS. On average, analysts predict that Mattel, Inc. will post 1.45 EPS for the current year.

Analyst Upgrades and Downgrades

MAT has been the topic of a number of research analyst reports. Morgan Stanley increased their price target on Mattel from $21.00 to $22.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 24th. StockNews.com cut Mattel from a “buy” rating to a “hold” rating in a report on Wednesday, January 15th. DA Davidson reissued a “buy” rating and set a $27.00 price objective on shares of Mattel in a report on Thursday, October 24th. Jefferies Financial Group boosted their target price on shares of Mattel from $18.25 to $20.00 and gave the stock a “hold” rating in a research note on Tuesday, October 1st. Finally, JPMorgan Chase & Co. increased their price target on shares of Mattel from $22.00 to $23.00 and gave the company a “neutral” rating in a research note on Monday, October 21st. Five investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $23.75.

Mattel Profile

Mattel, Inc, a toy and family entertainment company, designs, manufactures, and markets toys and consumer products in North America, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. The company operates through North America, International, and American Girl segments. It offers dolls and accessories, as well as books, content, gaming, and lifestyle products for children under the Barbie, American Girl, Disney Princess and Disney Frozen, Monster High, and Polly Pocket brands; die-cast vehicles, tracks, playsets, and accessories for kids, adults, and collectors under the Hot Wheels, Hot Wheels Monster Trucks, Hot Wheels Mario Kart, Matchbox, and Cars brand names; and infant, toddler, and preschool products comprising content, toys, live events, and other consumer products under the Fisher-Price, Little People and Imaginext, and Thomas & Friends, and Power wheels brands.