Mattel Inc (NASDAQ:MAT) saw unusually large options trading activity on Monday. Stock traders bought 15,496 put options on the company. This represents an increase of 1,540% compared to the average daily volume of 945 put options.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Quadrant Capital Group LLC grew its stake in shares of Mattel by 85.3% during the 3rd quarter. Quadrant Capital Group LLC now owns 2,476 shares of the company’s stock worth $26,000 after purchasing an additional 1,140 shares during the period. Parallax Volatility Advisers L.P. boosted its holdings in Mattel by 104.3% during the second quarter. Parallax Volatility Advisers L.P. now owns 2,644 shares of the company’s stock worth $30,000 after buying an additional 63,534 shares in the last quarter. Vista Private Wealth Partners. LLC purchased a new stake in Mattel during the third quarter worth $33,000. Huntington National Bank boosted its holdings in Mattel by 550.9% during the third quarter. Huntington National Bank now owns 2,929 shares of the company’s stock worth $33,000 after buying an additional 2,479 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC acquired a new stake in Mattel during the second quarter valued at $49,000.

MAT stock opened at $11.46 on Tuesday. The company has a market capitalization of $4.06 billion, a P/E ratio of -10.05 and a beta of 1.66. Mattel has a 12 month low of $9.06 and a 12 month high of $17.26. The firm’s fifty day simple moving average is $11.52 and its 200-day simple moving average is $11.32. The company has a debt-to-equity ratio of 6.30, a current ratio of 1.60 and a quick ratio of 1.14.

Mattel (NASDAQ:MAT) last issued its earnings results on Tuesday, October 29th. The company reported $0.26 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.08 by $0.18. The firm had revenue of $1.48 billion during the quarter, compared to analysts’ expectations of $1.44 billion. Mattel had a negative net margin of 4.53% and a negative return on equity of 26.03%. The firm’s revenue was up 3.1% compared to the same quarter last year. During the same quarter last year, the company posted $0.18 earnings per share. As a group, sell-side analysts forecast that Mattel will post -0.45 earnings per share for the current year.

Several research firms have recently commented on MAT. DZ Bank lowered shares of Mattel from a “hold” rating to a “sell” rating and set a $46.00 price objective on the stock. in a report on Tuesday, October 29th. UBS Group cut their target price on Mattel from $13.00 to $10.00 and set a “neutral” rating on the stock in a research report on Thursday, September 5th. Stifel Nicolaus reduced their target price on Mattel from $14.00 to $13.50 and set a “hold” rating for the company in a research note on Tuesday, October 1st. BidaskClub cut Mattel from a “hold” rating to a “sell” rating in a research report on Thursday, November 14th. Finally, Jefferies Financial Group set a $10.50 price target on Mattel and gave the company a “hold” rating in a research note on Friday, October 18th. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating and four have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $16.42.

About Mattel

Mattel, Inc, a children's entertainment company, designs and produces toys and consumer products worldwide. The company operates through North America, International, and American Girl segments. It offers dolls and accessories, content, gaming, and lifestyle products for children under the Barbie brand; diecast cars, tracks, playsets, and play products for kids, adults, and collectors under the Hot Wheels brand name; content, toy, live events, and other lifestyle products under the Fisher-Price and Thomas & Friends brands; and dolls and books under the American Girl brand name.

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