Is Mattel Incorporated (NASDAQ:MAT)’s Fuel Running High? Reports Show Less Sellers

February 15, 2018 - By Hazel Jackson

 Is Mattel Incorporated (NASDAQ:MAT)’s Fuel Running High? Reports Show Less Sellers

Investors sentiment decreased to 0.79 in Q3 2017. Its down 0.19, from 0.98 in 2017Q2. It dived, as 72 investors sold Mattel, Inc. shares while 132 reduced holdings. 36 funds opened positions while 126 raised stakes. 359.18 million shares or 14.87% more from 312.67 million shares in 2017Q2 were reported.
Amg Funds Limited Liability Com reported 129,423 shares. Credit Suisse Ag has invested 0.01% in Mattel, Inc. (NASDAQ:MAT). Legal General Grp Public Ltd Liability Corp reported 1.97M shares. Eminence Cap L P, New York-based fund reported 2.24M shares. Nine Masts Capital Limited holds 3,540 shares. Mitsubishi Ufj Securities Ltd invested 0.01% in Mattel, Inc. (NASDAQ:MAT). 245,733 are owned by British Columbia Invest Mngmt. State Street has 0.02% invested in Mattel, Inc. (NASDAQ:MAT). Hl Svcs Llc owns 0.52% invested in Mattel, Inc. (NASDAQ:MAT) for 1.72 million shares. Illinois-based Rmb Cap Management Limited Liability has invested 0.03% in Mattel, Inc. (NASDAQ:MAT). Moreover, Stifel Financial has 0.04% invested in Mattel, Inc. (NASDAQ:MAT). Manufacturers Life Insur The has 406,040 shares for 0.01% of their portfolio. Hartford Mgmt holds 83 shares. Highlander Cap Mgmt Ltd Liability owns 5,250 shares or 0.06% of their US portfolio. Employees Retirement Systems Of Texas stated it has 14,000 shares or 0% of all its holdings.

The stock of Mattel Incorporated (NASDAQ:MAT) registered a decrease of 9.26% in short interest. MAT’s total short interest was 68.67M shares in February as published by FINRA. Its down 9.26% from 75.68 million shares, reported previously. With 7.27 million shares average volume, it will take short sellers 9 days to cover their MAT’s short positions. The short interest to Mattel Incorporated’s float is 20.08%.

The stock increased 2.91% or $0.4801 during the last trading session, reaching $16.9901. About 2.36 million shares traded. Mattel, Inc. (NASDAQ:MAT) has declined 26.92% since February 15, 2017 and is downtrending. It has underperformed by 43.62% the S&P500.

Mattel, Inc. designs, manufactures, and markets a range of toy products worldwide. The company has market cap of $5.84 billion. The firm operates in three divisions: North America, International, and American Girl. It currently has negative earnings. It offers dolls and accessories, vehicles and play sets, and games and puzzles under the Mattel Girls & Boys brands, including Barbie, Monster High, Ever After High, Polly Pocket, DC Super Hero Girl, Disney Classics, Hot Wheels, Matchbox, CARS, DC Comics, WWE Wrestling, Minecraft, Max Steel, Little Mommy, BOOMco., and Toy Story.

Mattel, Inc. (NASDAQ:MAT) Ratings Coverage

Among 18 analysts covering Mattel Inc. (NASDAQ:MAT), 7 have Buy rating, 0 Sell and 11 Hold. Therefore 39% are positive. Mattel Inc. had 63 analyst reports since July 28, 2015 according to SRatingsIntel. JP Morgan initiated the shares of MAT in report on Thursday, April 7 with “Overweight” rating. The stock has “Buy” rating by B. Riley & Co on Thursday, October 20. The firm has “Hold” rating given on Monday, December 18 by Jefferies. The firm has “Buy” rating given on Tuesday, February 2 by Stifel Nicolaus. The rating was maintained by Citigroup on Monday, August 15 with “Buy”. On Thursday, July 21 the stock rating was maintained by M Partners with “Neutral”. The rating was downgraded by Stifel Nicolaus to “Hold” on Wednesday, April 6. Stifel Nicolaus maintained the shares of MAT in report on Monday, October 30 with “Hold” rating. Stifel Nicolaus maintained Mattel, Inc. (NASDAQ:MAT) on Monday, February 5 with “Hold” rating. The stock has “Hold” rating by Stifel Nicolaus on Friday, June 9.

More notable recent Mattel, Inc. (NASDAQ:MAT) news were published by: Businesswire.com which released: “Robbins Arroyo LLP Is Investigating the Officers and Directors of Mattel, Inc …” on February 08, 2018, also Seekingalpha.com with their article: “Mattel Is Being Hammered In France” published on January 28, 2018, Fool.com published: “Is Mattel Inc. a Buy?” on February 12, 2018. More interesting news about Mattel, Inc. (NASDAQ:MAT) were released by: Nasdaq.com and their article: “Bear of the Day: Mattel Inc. (MAT)” published on February 15, 2018 as well as Investorplace.com‘s news article titled: “Mattel, Inc. Is an Acquisitions Play and Nothing More” with publication date: February 07, 2018.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.