Mattel Incorporated (NASDAQ:MAT) Could Improve Your Long Portfolio After Less Shorts Reported

July 14, 2017 - By Hazel Jackson

 Mattel Incorporated (NASDAQ:MAT) Could Improve Your Long Portfolio After Less Shorts Reported

Investors sentiment increased to 1.16 in 2016 Q4. Its up 0.06, from 1.1 in 2016Q3. It improved, as 56 investors sold Mattel, Inc. shares while 159 reduced holdings. 61 funds opened positions while 188 raised stakes. 323.62 million shares or 2.64% more from 315.31 million shares in 2016Q3 were reported.
Bnp Paribas Inv Sa invested in 0.12% or 443,842 shares. Parametric Associates Ltd Limited Liability Company holds 948,987 shares or 0.04% of its portfolio. 12,637 were reported by Cambridge Inv Rech. Schafer Cullen Capital Mngmt has 0.02% invested in Mattel, Inc. (NASDAQ:MAT). Barclays Public Llc reported 806,847 shares or 0.02% of all its holdings. Ing Groep Nv, a Netherlands-based fund reported 41,326 shares. Contravisory Inv Mgmt reported 810 shares stake. Andra Ap owns 53,600 shares. Prudential Public Limited Liability holds 0.02% or 247,464 shares. Payden & Rygel, California-based fund reported 469,500 shares. Morgan Stanley stated it has 3.47 million shares or 0.03% of all its holdings. Axa holds 0% or 9,438 shares in its portfolio. Pinnacle Associate Ltd reported 37,161 shares. Ohio-based Strs Ohio has invested 0.01% in Mattel, Inc. (NASDAQ:MAT). Panagora Asset Mngmt Inc stated it has 0% in Mattel, Inc. (NASDAQ:MAT).

Since February 7, 2017, it had 1 buy, and 0 sales for $250,004 activity. Another trade for 9,610 shares valued at $250,004 was made by Gros Richard R on Tuesday, February 7.

The stock of Mattel Incorporated (NASDAQ:MAT) registered a decrease of 2.12% in short interest. MAT’s total short interest was 20.50 million shares in July as published by FINRA. Its down 2.12% from 20.95M shares, reported previously. With 9.08M shares average volume, it will take short sellers 2 days to cover their MAT’s short positions. The short interest to Mattel Incorporated’s float is 6%.

About 2.30 million shares traded. Mattel, Inc. (NASDAQ:MAT) has declined 26.92% since July 14, 2016 and is downtrending. It has underperformed by 43.62% the S&P500.

Mattel, Inc. manufactures and markets a range of toy products around the world. The company has market cap of $7.16 billion. The Company’s divisions are North America; International, and American Girl. It has a 26.39 P/E ratio. The Company’s portfolio of brands and products are grouped into approximately four major brand categories, including Mattel Girls & Boys Brands, Fisher-Price Brands, American Girl Brands and Construction and Arts & Crafts Brands.

Mattel, Inc. (NASDAQ:MAT) Ratings Coverage

Among 15 analysts covering Mattel Inc. (NASDAQ:MAT), 9 have Buy rating, 0 Sell and 6 Hold. Therefore 60% are positive. Mattel Inc. had 28 analyst reports since July 28, 2015 according to SRatingsIntel. Piper Jaffray maintained Mattel, Inc. (NASDAQ:MAT) on Friday, August 14 with “Neutral” rating. Monness Crespi & Hardt upgraded Mattel, Inc. (NASDAQ:MAT) on Monday, September 19 to “Buy” rating. The firm has “Hold” rating by Stifel Nicolaus given on Friday, June 9. Citigroup maintained Mattel, Inc. (NASDAQ:MAT) rating on Monday, August 15. Citigroup has “Buy” rating and $38 target. JP Morgan initiated Mattel, Inc. (NASDAQ:MAT) rating on Thursday, April 7. JP Morgan has “Overweight” rating and $38 target. The firm has “Neutral” rating given on Monday, February 13 by Goldman Sachs. As per Thursday, August 20, the company rating was initiated by Oppenheimer. The firm has “Neutral” rating given on Friday, October 16 by Suntrust Robinson. B. Riley & Co maintained the stock with “Buy” rating in Thursday, October 20 report. The stock of Mattel, Inc. (NASDAQ:MAT) has “Buy” rating given on Friday, December 4 by Jefferies.

More notable recent Mattel, Inc. (NASDAQ:MAT) news were published by: Prnewswire.com which released: “Mattel Announces Second Quarter 2017 Financial Results Conference Call” on July 06, 2017, also Businesswire.com with their article: “SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Mattel, Inc …” published on July 10, 2017, Seekingalpha.com published: “Mattel: With The Dividend Cut, Is It Time To Buy?” on June 20, 2017. More interesting news about Mattel, Inc. (NASDAQ:MAT) were released by: Prnewswire.com and their article: “Shareholder Class Action Filed Against Mattel, Inc. – MAT” published on July 06, 2017 as well as Prnewswire.com‘s news article titled: “Mattel Unveils Plan to Reinvent Company and Deliver Enhanced and Sustainable …” with publication date: June 14, 2017.

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