Mattel, Inc. (NASDAQ:MAT) Shares Bought by West Oak Capital LLC

West Oak Capital LLC boosted its holdings in shares of Mattel, Inc. (NASDAQ:MAT) by 9,775.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,975 shares of the company’s stock after acquiring an additional 1,955 shares during the period. West Oak Capital LLC’s holdings in Mattel were worth $35,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in MAT. Pacer Advisors Inc. grew its holdings in shares of Mattel by 20,152.4% during the second quarter. Pacer Advisors Inc. now owns 10,995,234 shares of the company’s stock worth $178,783,000 after buying an additional 10,940,943 shares in the last quarter. Franklin Resources Inc. grew its holdings in shares of Mattel by 84.0% during the third quarter. Franklin Resources Inc. now owns 9,352,223 shares of the company’s stock worth $176,757,000 after buying an additional 4,270,162 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Mattel by 34.3% during the second quarter. Dimensional Fund Advisors LP now owns 5,794,138 shares of the company’s stock worth $94,215,000 after buying an additional 1,479,227 shares in the last quarter. Millennium Management LLC grew its holdings in shares of Mattel by 92.5% during the second quarter. Millennium Management LLC now owns 2,456,754 shares of the company’s stock worth $39,947,000 after buying an additional 1,180,301 shares in the last quarter. Finally, American Century Companies Inc. grew its holdings in shares of 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 buying an additional 783,264 shares in the last quarter. Institutional investors and hedge funds own 97.15% of the company’s stock.

Mattel Trading Up 1.4 %

MAT opened at $18.68 on Friday. The stock has a market capitalization of $6.29 billion, a PE ratio of 11.68, a P/E/G ratio of 0.97 and a beta of 0.75. The firm’s fifty day moving average price is $18.69 and its 200 day moving average price is $18.55. 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, Inc. has a 12-month low of $15.87 and a 12-month high of $20.59.

Mattel (NASDAQ:MAT) last posted its quarterly earnings results on Wednesday, October 23rd. The company reported $1.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.95 by $0.19. Mattel had a net margin of 10.24% and a return on equity of 25.39%. The firm had revenue of $1.84 billion for the quarter, compared to analysts’ expectations of $1.86 billion. During the same period in the prior year, the company posted $1.08 earnings per share. The firm’s quarterly revenue was down 3.9% on a year-over-year basis. As a group, research analysts expect that Mattel, Inc. will post 1.46 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on MAT shares. StockNews.com upgraded shares of Mattel from a “hold” rating to a “buy” rating in a report on Thursday, January 2nd. Jefferies Financial Group boosted their target price on shares of Mattel from $18.25 to $20.00 and gave the company a “hold” rating in a report 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 report on Thursday, October 24th. DA Davidson restated a “buy” rating and issued a $27.00 target price on shares of Mattel in a report on Thursday, October 24th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Mattel from $22.00 to $23.00 and gave the company a “neutral” rating in a report on Monday, October 21st. Four research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus 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.