Mattel MAT (NYSE:MAT) Has Just Had Its Target Lowered by Professional Analysts at Goldman Sachs Group Inc. The to $22.00

June 19, 2017 - By Marry Poplack

 Mattel MAT (NYSE:MAT) Has Just Had Its Target Lowered by Professional Analysts at Goldman Sachs Group Inc. The to $22.00

Investors sentiment increased to 1.16 in Q4 2016. Its up 0.06, from 1.1 in 2016Q3. It is positive, 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.

Moreover, Bessemer Gru Incorporated has 0.59% invested in Mattel, Inc. (NASDAQ:MAT). First Republic Inv Mngmt reported 34,524 shares. Kbc Group Nv holds 96,537 shares. Cantab Cap Llp holds 4,626 shares or 0% of its portfolio. State Street owns 0.04% invested in Mattel, Inc. (NASDAQ:MAT) for 14.66M shares. Fred Alger Management holds 0.04% or 279,865 shares. Zurcher Kantonalbank (Zurich Cantonalbank) invested in 144,470 shares or 0.04% of the stock. Illinois-based Ariel Investments Ltd Liability Company has invested 1.45% in Mattel, Inc. (NASDAQ:MAT). Calvert Investment Incorporated has invested 0.02% in Mattel, Inc. (NASDAQ:MAT). M&T Bancshares accumulated 87,255 shares. Fil Limited has invested 0.41% in Mattel, Inc. (NASDAQ:MAT). Los Angeles Mngmt Equity holds 1.77M shares. Kempen Cap Nv has 2.66% invested in Mattel, Inc. (NASDAQ:MAT). Mirador Capital Prns L P has 44,650 shares for 0.99% of their portfolio. Morgan Stanley, a New York-based fund reported 3.47 million shares.

Since February 7, 2017, it had 1 insider purchase, and 0 insider sales for $250,004 activity. Gros Richard R bought $250,004 worth of stock.

Analysis: Mattel MAT (NYSE:MAT) Stock Target Upgraded Today

In an analyst note revealed to investors and clients by Goldman Sachs Group Inc. The on Friday, 16 June, the firm, Mattel MAT (NYSE:MAT), had their PT downgraded to $22.00. Analusts presently have a solid “Neutral” rating on the stock.

Investors sentiment increased to 1.16 in Q4 2016. Its up 0.06, from 1.1 in 2016Q3. It is positive, 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.

Moreover, Bessemer Gru Incorporated has 0.59% invested in Mattel, Inc. (NASDAQ:MAT). First Republic Inv Mngmt reported 34,524 shares. Kbc Group Nv holds 96,537 shares. Cantab Cap Llp holds 4,626 shares or 0% of its portfolio. State Street owns 0.04% invested in Mattel, Inc. (NASDAQ:MAT) for 14.66M shares. Fred Alger Management holds 0.04% or 279,865 shares. Zurcher Kantonalbank (Zurich Cantonalbank) invested in 144,470 shares or 0.04% of the stock. Illinois-based Ariel Investments Ltd Liability Company has invested 1.45% in Mattel, Inc. (NASDAQ:MAT). Calvert Investment Incorporated has invested 0.02% in Mattel, Inc. (NASDAQ:MAT). M&T Bancshares accumulated 87,255 shares. Fil Limited has invested 0.41% in Mattel, Inc. (NASDAQ:MAT). Los Angeles Mngmt Equity holds 1.77M shares. Kempen Cap Nv has 2.66% invested in Mattel, Inc. (NASDAQ:MAT). Mirador Capital Prns L P has 44,650 shares for 0.99% of their portfolio. Morgan Stanley, a New York-based fund reported 3.47 million shares.

Since February 7, 2017, it had 1 insider purchase, and 0 insider sales for $250,004 activity. Gros Richard R bought $250,004 worth of stock.

Mattel, Inc. (NASDAQ:MAT) Ratings Coverage

Among 6 analysts covering Mattel MAT (NYSE:MAT), 1 have Buy rating, 0 Sell and 5 Hold. Therefore 17% are positive. Mattel MAT has $27 highest and $22 lowest target. $23.75’s average target is 14.46% above currents $20.75 stock price. Mattel MAT had 6 analyst reports since April 26, 2017 according to SRatingsIntel. The rating was downgraded by Argus Research to “Hold” on Friday, April 28. The firm earned “Buy” rating on Thursday, June 15 by Monness Crespi. On Friday, June 9 the stock rating was initiated by Jefferies with “Hold”.

About 106 shares traded. Mattel, Inc. (NYSE:MAT) has declined 26.92% since June 19, 2016 and is downtrending. It has underperformed by 43.62% the S&P500.

Investors wait Mattel, Inc. (NASDAQ:MAT) to report on July, 19. its quarterly earnings Wall Street analysts expect $-0.03 earnings per share, down $0.01 or 50.00 % from last year’s $-0.02 same quarter earnings. Mattel, Inc.’s Wall Street analysts see -90.63 % EPS growth, taking into account the $-0.32 EPS reproted in the previous quarter,

Mattel, Inc. manufactures and markets a range of toy products around the world. The company has market cap of $7.11 billion. The Company’s divisions are North America; International, and American Girl. It has a 25.97 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.

More notable recent Mattel, Inc. (NASDAQ:MAT) news were published by: Streetinsider.com which released: “UPDATE: Jefferies Initiates Mattel Inc. (MAT) at Hold” on June 08, 2017, also Streetinsider.com with their article: “DA Davidson Downgrades Mattel Inc. (MAT) to Neutral” published on June 15, 2017, Seekingalpha.com published: “Mattel: Q1 Results Point To Classic Value Trap” on June 12, 2017. More interesting news about Mattel, Inc. (NASDAQ:MAT) were released by: Reuters.com and their article: “BRIEF-Mattel Inc on June 15 signed amendment deal” published on June 16, 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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