Hantz Financial Services Inc. Raises Holdings in Mattel, Inc. (NASDAQ:MAT)

Hantz Financial Services Inc. raised its stake in Mattel, Inc. (NASDAQ:MAT) by 14.7% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 197,593 shares of the company’s stock after purchasing an additional 25,256 shares during the quarter. Hantz Financial Services Inc. owned 0.06% of Mattel worth $3,503,000 at the end of the most recent quarter.

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

Mattel Stock Performance

Mattel stock opened at $19.06 on Friday. Mattel, Inc. has a twelve month low of $15.87 and a twelve month high of $20.59. The company has a quick ratio of 1.88, a current ratio of 2.45 and a debt-to-equity ratio of 1.01. The company has a market capitalization of $6.42 billion, a P/E ratio of 11.91, a PEG ratio of 0.86 and a beta of 0.75. The stock’s 50 day moving average is $18.46 and its 200 day moving average is $18.74.

Analyst Ratings Changes

Several research firms have weighed in on MAT. DA Davidson reiterated a “buy” rating and issued a $27.00 price objective on shares of Mattel in a report on Thursday, October 24th. JPMorgan Chase & Co. lifted their price target on shares of Mattel from $22.00 to $23.00 and gave the company a “neutral” rating in a report on Monday, October 21st. Bank of America raised their target price on shares of Mattel from $26.00 to $28.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. Morgan Stanley boosted their price target on shares of Mattel from $21.00 to $22.00 and gave the company an “equal weight” rating in a research report on Thursday, October 24th. Finally, StockNews.com cut Mattel from a “buy” rating to a “hold” rating in a research report on Friday. Five investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $23.86.

About Mattel

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.