Hefty Wealth Partners buys $1,972,661 stake in Mattel (MAT)

Mattel (MAT) : Hefty Wealth Partners scooped up 33,138 additional shares in Mattel during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 11, 2016. The investment management firm now holds a total of 59,346 shares of Mattel which is valued at $1,972,661.Mattel makes up approximately 1.59% of Hefty Wealth Partners’s portfolio.

Other Hedge Funds, Including , Dnb Asset Management As reduced its stake in MAT by selling 672,160 shares or 94.0% in the most recent quarter. The Hedge Fund company now holds 42,918 shares of MAT which is valued at $1,399,985. Mattel makes up approx 0.03% of Dnb Asset Management As’s portfolio.Edge Wealth Management boosted its stake in MAT in the latest quarter, The investment management firm added 1 additional shares and now holds a total of 22 shares of Mattel which is valued at $718.Carl Domino Inc reduced its stake in MAT by selling 470 shares or 1.05% in the most recent quarter. The Hedge Fund company now holds 44,505 shares of MAT which is valued at $1,451,753. Mattel makes up approx 1.33% of Carl Domino Inc’s portfolio.Bnp Paribas Arbitrage Sa reduced its stake in MAT by selling 185,890 shares or 54.39% in the most recent quarter. The Hedge Fund company now holds 155,868 shares of MAT which is valued at $5,084,414. Mattel makes up approx 0.02% of Bnp Paribas Arbitrage Sa’s portfolio.

Mattel closed down -0.28 points or -0.84% at $33.24 with 32,19,978 shares getting traded on Wednesday. Post opening the session at $33.7, the shares hit an intraday low of $32.92 and an intraday high of $33.72 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

On the company’s financial health, Mattel reported $-0.13 EPS for the quarter, missing the analyst consensus estimate by $ -0.05 based on the information available during the earnings call on Apr 20, 2016. Analyst had a consensus of $-0.08. The company had revenue of $869.40 million for the quarter, compared to analysts expectations of $861.43 million. The company’s revenue was down -5.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.08 EPS.

MATTEL INC. designs manufactures and markets a variety of toy products around the world which are sold to its customers and directly to consumers. The Company operates through three segments: North America which consists of the United States and Canada International and American Girl. The Company’s North America segment markets and sells toys in the United States and Canada through the Mattel Girls & Boys Brands Fisher-Price Brands and Construction and Arts & Crafts Brands categories. The Company’s International segment products are developed and marketed by the North America segment although some are developed or adapted for particular international markets. The Company’s American Girl segment is a direct marketer children’s publisher and retailer for its line of historical dolls books and accessories as well as the My American Girl and Bitty Baby brands. American Girl also publishes Advice & Activity books and American Girl magazine.

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