TD Private Client Wealth LLC Invests $51,000 in Mattel, Inc. (NASDAQ:MAT)

TD Private Client Wealth LLC purchased a new stake in Mattel, Inc. (NASDAQ:MAT) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 2,871 shares of the company’s stock, valued at approximately $51,000.

Several other institutional investors have also recently bought and sold shares of the company. EverSource Wealth Advisors LLC increased its holdings in shares of Mattel by 150.1% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,543 shares of the company’s stock worth $27,000 after purchasing an additional 926 shares during the period. West Oak Capital LLC increased its stake in Mattel by 9,775.0% during the fourth quarter. West Oak Capital LLC now owns 1,975 shares of the company’s stock valued at $35,000 after acquiring an additional 1,955 shares during the period. GAMMA Investing LLC raised its holdings in Mattel by 26.6% in the 4th quarter. GAMMA Investing LLC now owns 3,541 shares of the company’s stock valued at $63,000 after acquiring an additional 744 shares in the last quarter. Venturi Wealth Management LLC lifted its position in shares of Mattel by 175.1% in the 4th quarter. Venturi Wealth Management LLC now owns 4,669 shares of the company’s stock worth $83,000 after acquiring an additional 2,972 shares during the period. Finally, Smartleaf Asset Management LLC grew its holdings in shares of Mattel by 2,698.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 7,079 shares of the company’s stock worth $125,000 after purchasing an additional 6,826 shares in the last quarter. Institutional investors own 97.15% of the company’s stock.

Mattel Stock Down 2.4 %

MAT opened at $19.68 on Wednesday. The firm has a market cap of $6.56 billion, a price-to-earnings ratio of 12.30, a PEG ratio of 2.35 and a beta of 0.65. The company has a debt-to-equity ratio of 1.03, a quick ratio of 2.00 and a current ratio of 2.38. The firm’s 50-day simple moving average is $20.12 and its 200-day simple moving average is $19.29. Mattel, Inc. has a twelve month low of $15.87 and a twelve month high of $22.07.

Mattel (NASDAQ:MAT) last posted its quarterly earnings data on Tuesday, February 4th. The company reported $0.35 earnings per share for the quarter, topping the consensus estimate of $0.20 by $0.15. Mattel had a net margin of 10.07% and a return on equity of 25.94%. During the same quarter last year, the business earned $0.29 earnings per share. Equities research analysts anticipate that Mattel, Inc. will post 1.7 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

MAT has been the subject of several research reports. StockNews.com raised Mattel from a “hold” rating to a “buy” rating in a research report on Wednesday, March 12th. Morgan Stanley increased their price objective on shares of Mattel from $22.00 to $23.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 5th. DA Davidson lifted their target price on shares of Mattel from $27.00 to $30.00 and gave the company a “buy” rating in a research report on Wednesday, February 5th. Finally, Jefferies Financial Group raised shares of Mattel from a “hold” rating to a “buy” rating and upped their target price for the company from $20.00 to $28.00 in a research note on Wednesday, February 5th. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $25.57.

Mattel Company 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.