23.92 % to Target, BMO Capital Keeps ‘”Buy”’ Rating on Mattel Inc (NASDAQ:MAT) Shares Today

January 20, 2018 - By Michael Collier

 23.92 % to Target, BMO Capital Keeps ‘

Investors sentiment decreased to 0.79 in Q3 2017. Its down 0.19, from 0.98 in 2017Q2. It is negative, 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.

129,530 are held by D E Shaw & Incorporated. Tiaa Cref Inv Management Ltd Company holds 0.04% of its portfolio in Mattel, Inc. (NASDAQ:MAT) for 3.84 million shares. New Mexico Educational Retirement Board stated it has 0.02% in Mattel, Inc. (NASDAQ:MAT). Lingohr Partner Asset Mngmt Gmbh stated it has 14,800 shares or 0.12% of all its holdings. Lpl Financial Llc stated it has 118,995 shares. Kbc Nv has invested 0.01% in Mattel, Inc. (NASDAQ:MAT). Washington Trust Bankshares has invested 0.04% of its portfolio in Mattel, Inc. (NASDAQ:MAT). Carroll Fin Assocs Incorporated accumulated 485 shares or 0% of the stock. Northern holds 4.16 million shares. First Allied Advisory Inc reported 13,497 shares. Markston International Ltd, a New York-based fund reported 1,996 shares. Citadel Advisors Limited Liability reported 0.02% of its portfolio in Mattel, Inc. (NASDAQ:MAT). Cibc Asset Mgmt Incorporated invested in 50,800 shares. 34,517 are owned by Advantus Inc. Ledyard National Bank stated it has 16,822 shares.

Mattel Inc (NASDAQ:MAT) Rating Reaffirmed

In analysts report revealed to clients on Monday morning, The “Buy” rating of Mattel Inc (NASDAQ:MAT) shares was restate by BMO Capital, who now has a $20.0 TP on the stock. BMO Capital’s TP indicates a possible upside of 23.92 % from the last price of the company.

Investors sentiment decreased to 0.79 in Q3 2017. Its down 0.19, from 0.98 in 2017Q2. It is negative, 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.

129,530 are held by D E Shaw & Incorporated. Tiaa Cref Inv Management Ltd Company holds 0.04% of its portfolio in Mattel, Inc. (NASDAQ:MAT) for 3.84 million shares. New Mexico Educational Retirement Board stated it has 0.02% in Mattel, Inc. (NASDAQ:MAT). Lingohr Partner Asset Mngmt Gmbh stated it has 14,800 shares or 0.12% of all its holdings. Lpl Financial Llc stated it has 118,995 shares. Kbc Nv has invested 0.01% in Mattel, Inc. (NASDAQ:MAT). Washington Trust Bankshares has invested 0.04% of its portfolio in Mattel, Inc. (NASDAQ:MAT). Carroll Fin Assocs Incorporated accumulated 485 shares or 0% of the stock. Northern holds 4.16 million shares. First Allied Advisory Inc reported 13,497 shares. Markston International Ltd, a New York-based fund reported 1,996 shares. Citadel Advisors Limited Liability reported 0.02% of its portfolio in Mattel, Inc. (NASDAQ:MAT). Cibc Asset Mgmt Incorporated invested in 50,800 shares. 34,517 are owned by Advantus Inc. Ledyard National Bank stated it has 16,822 shares.

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. has $41 highest and $14.0 lowest target. $24.33’s average target is 50.74% above currents $16.14 stock price. Mattel Inc. had 56 analyst reports since July 28, 2015 according to SRatingsIntel. The stock has “Underperform” rating by DA Davidson on Thursday, August 3. DA Davidson downgraded Mattel, Inc. (NASDAQ:MAT) on Thursday, June 15 to “Neutral” rating. The company was upgraded on Monday, September 19 by Monness Crespi & Hardt. On Monday, October 16 the stock rating was maintained by Stifel Nicolaus with “Hold”. The company was maintained on Friday, January 27 by Stifel Nicolaus. The rating was initiated by UBS with “Buy” on Thursday, March 24. The rating was maintained by BMO Capital Markets with “Buy” on Friday, July 28. As per Friday, October 27, the company rating was maintained by KeyBanc Capital Markets. The firm earned “Hold” rating on Friday, July 28 by Stifel Nicolaus. The firm has “Overweight” rating given on Thursday, April 7 by JP Morgan.

The stock increased 5.98% or $0.91 during the last trading session, reaching $16.14. About 8.95M shares traded. Mattel, Inc. (NASDAQ:MAT) has declined 26.92% since January 20, 2017 and is downtrending. It has underperformed by 43.62% the S&P500.

Analysts await Mattel, Inc. (NASDAQ:MAT) to report earnings on January, 24. They expect $0.22 earnings per share, down 57.69 % or $0.30 from last year’s $0.52 per share. MAT’s profit will be $75.62 million for 18.34 P/E if the $0.22 EPS becomes a reality. After $0.09 actual earnings per share reported by Mattel, Inc. for the previous quarter, Wall Street now forecasts 144.44 % EPS growth.

Mattel, Inc. designs, manufactures, and markets a range of toy products worldwide. The company has market cap of $5.55 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.

More notable recent Mattel, Inc. (NASDAQ:MAT) news were published by: Fool.com which released: “Why Mattel, Inc. Stock Lost 44.2% in 2017” on January 11, 2018, also Latimes.com with their article: “Mattel lays off 70 employees amid continuing financial struggles” published on December 21, 2017, Bloomberg.com published: “Hasbro and Mattel Have the Tools for a Comeback” on January 19, 2018. More interesting news about Mattel, Inc. (NASDAQ:MAT) were released by: Seekingalpha.com and their article: “Mattel, Inc.: Avoid The Falling Ship” published on December 29, 2017 as well as Fool.com‘s news article titled: “Why Mattel, Inc. Shares Lost 16% in December” with publication date: January 04, 2018.

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