Mattel (MAT) Position Raised by Lapides Asset Management Llc; As Darling Ingredients (DAR) Market Value Rose, Eagle Asset Management Raised Stake by $852,958

February 15, 2018 - By Ellis Scott

Lapides Asset Management Llc increased its stake in Mattel Inc (MAT) by 11.85% based on its latest 2017Q3 regulatory filing with the SEC. Lapides Asset Management Llc bought 62,200 shares as the company’s stock declined 15.13% while stock markets rallied. The institutional investor held 587,000 shares of the consumer non-durables company at the end of 2017Q3, valued at $9.09 million, up from 524,800 at the end of the previous reported quarter. Lapides Asset Management Llc who had been investing in Mattel Inc for a number of months, seems to be bullish on the $5.84B market cap company. The stock increased 2.82% or $0.465 during the last trading session, reaching $16.975. About 1.55 million shares traded. Mattel, Inc. (NASDAQ:MAT) has declined 26.92% since February 15, 2017 and is downtrending. It has underperformed by 43.62% the S&P500.

Eagle Asset Management Inc increased its stake in Darling Ingredients Inc (DAR) by 1.77% based on its latest 2017Q3 regulatory filing with the SEC. Eagle Asset Management Inc bought 50,174 shares as the company’s stock rose 25.73% with the market. The institutional investor held 2.89M shares of the packaged foods company at the end of 2017Q3, valued at $51.82 million, up from 2.84 million at the end of the previous reported quarter. Eagle Asset Management Inc who had been investing in Darling Ingredients Inc for a number of months, seems to be bullish on the $2.96 billion market cap company. The stock increased 0.22% or $0.04 during the last trading session, reaching $17.97. About 219,111 shares traded. Darling Ingredients Inc. (NYSE:DAR) has risen 8.56% since February 15, 2017 and is uptrending. It has underperformed by 8.14% the S&P500.

Lapides Asset Management Llc, which manages about $912.08 million and $488.18 million US Long portfolio, decreased its stake in Exa Corp (NASDAQ:EXA) by 18,000 shares to 30,700 shares, valued at $742,000 in 2017Q3, according to the filing. It also reduced its holding in Huntsman Corp (NYSE:HUN) by 85,500 shares in the quarter, leaving it with 578,800 shares, and cut its stake in Knowles Corp (NYSE:KN).

Among 18 analysts covering Mattel Inc. (NASDAQ:MAT), 7 have Buy rating, 0 Sell and 11 Hold. Therefore 39% are positive. Mattel Inc. had 63 analyst reports since July 28, 2015 according to SRatingsIntel. The rating was maintained by Stifel Nicolaus with “Hold” on Monday, February 5. The company was maintained on Monday, August 15 by Citigroup. On Friday, June 9 the stock rating was maintained by Stifel Nicolaus with “Hold”. BMO Capital Markets upgraded the stock to “Outperform” rating in Monday, December 14 report. The firm has “Neutral” rating given on Monday, February 13 by Goldman Sachs. On Monday, October 16 the stock rating was maintained by Stifel Nicolaus with “Hold”. The firm earned “Hold” rating on Tuesday, September 5 by Jefferies. The stock of Mattel, Inc. (NASDAQ:MAT) has “Neutral” rating given on Friday, August 14 by Piper Jaffray. The stock of Mattel, Inc. (NASDAQ:MAT) has “Hold” rating given on Wednesday, June 14 by Jefferies. M Partners maintained it with “Neutral” rating and $33 target in Tuesday, April 5 report.

Investors sentiment decreased to 0.79 in 2017 Q3. Its down 0.19, from 0.98 in 2017Q2. It is negative, as 72 investors sold MAT 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. Goldman Sachs Grp Inc Inc reported 4.24 million shares stake. Fairpointe Cap Ltd Liability Corp holds 10.05M shares or 3.08% of its portfolio. Pictet Asset Mngmt Limited reported 191,631 shares stake. Legal & General Plc holds 0.02% of its portfolio in Mattel, Inc. (NASDAQ:MAT) for 1.97 million shares. Sasco Capital Ct has invested 1.08% of its portfolio in Mattel, Inc. (NASDAQ:MAT). Nine Masts Capital Ltd stated it has 0.01% in Mattel, Inc. (NASDAQ:MAT). Dynamic Limited has invested 0.54% in Mattel, Inc. (NASDAQ:MAT). Quantitative Ltd reported 0.2% stake. Suntrust Banks stated it has 10,348 shares. Clearbridge Investments Limited reported 0% stake. Next Fincl Grp has 0.01% invested in Mattel, Inc. (NASDAQ:MAT). Kbc Grp Nv reported 0.01% of its portfolio in Mattel, Inc. (NASDAQ:MAT). Invsts reported 15.97M shares. Highlander Capital Limited Liability Corp has 5,250 shares. Commonwealth Bancorp Of has 36,679 shares.

Investors sentiment increased to 1.04 in 2017 Q3. Its up 0.11, from 0.93 in 2017Q2. It improved, as 24 investors sold DAR shares while 75 reduced holdings. 35 funds opened positions while 68 raised stakes. 157.64 million shares or 2.85% more from 153.27 million shares in 2017Q2 were reported. Acadian Asset Limited Liability holds 6,308 shares or 0% of its portfolio. Swiss National Bank reported 275,800 shares. Legal & General Public Limited Co has invested 0.01% of its portfolio in Darling Ingredients Inc. (NYSE:DAR). Impax Asset Mgmt Limited stated it has 1.29M shares. 74,448 were reported by Voya Invest Ltd Com. Thrivent Fin For Lutherans holds 0.04% or 616,150 shares. Fmr Llc accumulated 11.53 million shares. Asset invested in 0.01% or 30,487 shares. Nordea Inv Management holds 0.11% or 2.58M shares in its portfolio. Arrowstreet Ltd Partnership has 0% invested in Darling Ingredients Inc. (NYSE:DAR) for 30,700 shares. The New York-based Oppenheimer Incorporated has invested 0.02% in Darling Ingredients Inc. (NYSE:DAR). Millennium Mgmt Lc reported 0.03% of its portfolio in Darling Ingredients Inc. (NYSE:DAR). Amalgamated Financial Bank reported 22,142 shares. Tower Research Capital Ltd Liability Com (Trc) holds 16,585 shares. Adams Diversified Equity Fund Incorporated stated it has 0.04% in Darling Ingredients Inc. (NYSE:DAR).

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