Hantz Financial Services Inc. Has $3.28 Million Holdings in Mattel, Inc. (NASDAQ:MAT)

Hantz Financial Services Inc. lifted its position in Mattel, Inc. (NASDAQ:MAT) by 53.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 172,337 shares of the company’s stock after purchasing an additional 59,845 shares during the quarter. Hantz Financial Services Inc.’s holdings in Mattel were worth $3,283,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Pacer Advisors Inc. increased its holdings in Mattel by 20,152.4% in the 2nd quarter. Pacer Advisors Inc. now owns 10,995,234 shares of the company’s stock valued at $178,783,000 after buying an additional 10,940,943 shares during the period. LSV Asset Management acquired a new stake in shares of Mattel during the 2nd quarter valued at about $32,559,000. Dimensional Fund Advisors LP increased its stake in Mattel by 34.3% in the second quarter. Dimensional Fund Advisors LP now owns 5,794,138 shares of the company’s stock valued at $94,215,000 after acquiring an additional 1,479,227 shares during the period. Millennium Management LLC raised its position in Mattel by 92.5% in the second quarter. Millennium Management LLC now owns 2,456,754 shares of the company’s stock worth $39,947,000 after purchasing an additional 1,180,301 shares in the last quarter. Finally, American Century Companies Inc. lifted its stake in Mattel by 75.2% during the second quarter. American Century Companies Inc. now owns 1,824,979 shares of the company’s stock worth $29,674,000 after purchasing an additional 783,264 shares during the period. 97.15% of the stock is owned by institutional investors.

Mattel Trading Up 1.4 %

MAT opened at $19.02 on Friday. The company has a current ratio of 2.45, a quick ratio of 1.88 and a debt-to-equity ratio of 1.01. The firm has a 50-day moving average price of $19.04 and a two-hundred day moving average price of $18.40. Mattel, Inc. has a 1-year low of $15.87 and a 1-year high of $20.59. The stock has a market capitalization of $6.41 billion, a PE ratio of 11.89, a PEG ratio of 0.97 and a beta of 0.78.

Mattel (NASDAQ:MAT) last released its earnings results on Wednesday, October 23rd. The company reported $1.14 EPS for the quarter, beating the consensus estimate 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%. The business’s revenue for the quarter was down 3.9% on a year-over-year basis. During the same period last year, the firm earned $1.08 EPS. As a group, equities analysts anticipate that Mattel, Inc. will post 1.46 earnings per share for the current fiscal year.

Analyst Ratings Changes

MAT has been the topic of several analyst reports. DA Davidson reiterated a “buy” rating and issued a $27.00 price objective on shares of Mattel in a research note on Thursday, October 24th. Jefferies Financial Group increased their price objective on Mattel from $18.25 to $20.00 and gave the stock a “hold” rating in a research note on Tuesday, October 1st. Bank of America boosted their target price on shares of Mattel from $26.00 to $28.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. Morgan Stanley increased their target price on shares of Mattel from $21.00 to $22.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 24th. Finally, StockNews.com downgraded shares of Mattel from a “buy” rating to a “hold” rating in a report on Thursday, October 24th. Six investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $23.75.

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.