/Southeastern Asset Management Cut Its Position in Mattel (MAT) by $48.14 Million as Market Valuation Declined; Renaissance Investment Group Has Lifted Intl Business Machines I (IBM) Stake by $352,500 (via Qpute.com)
Mattel, Inc. (NASDAQ:MAT) Logo

Southeastern Asset Management Cut Its Position in Mattel (MAT) by $48.14 Million as Market Valuation Declined; Renaissance Investment Group Has Lifted Intl Business Machines I (IBM) Stake by $352,500 (via Qpute.com)


Mattel, Inc. (NASDAQ:MAT) Logo

Renaissance Investment Group Llc increased its stake in Intl Business Machines Corp I (IBM) by 37.51% based on its latest 2019Q1 regulatory filing with the SEC. Renaissance Investment Group Llc bought 2,500 shares as the company’s stock declined 2.27% while stock markets rallied. The institutional investor held 9,165 shares of the computer manufacturing company at the end of 2019Q1, valued at $1.29 million, up from 6,665 at the end of the previous reported quarter. Renaissance Investment Group Llc who had been investing in Intl Business Machines Corp I for a number of months, seems to be bullish on the $123.03B market cap company. The stock increased 0.17% or $0.24 during the last trading session, reaching $138.76. About 791,598 shares traded. International Business Machines Corporation (NYSE:IBM) has declined 6.86% since June 28, 2018 and is downtrending. It has underperformed by 11.29% the S&P500. Some Historical IBM News: 30/05/2018 – Dr. Vanila M. Singh to Join Oracle, IBM, and Wipro at Tulip’s Inaugural Blockchain Conference; 20/03/2018 – Zerto Partners with IBM to Provide Data Protection for lBM’s Resiliency Orchestration DRaaS Solution; 21/03/2018 – V3: IBM teams with Nvidia to use GPUs to boost AI research; 04/05/2018 – BREAKING: Warren Buffett says Berkshire Hathaway has sold completely out of IBM; 12/04/2018 – CYBRIC and IBM Resilient Integrate to More Quickly Identify and Remediate Cyber Threats; 20/03/2018 – IBM Expects to Deliver 17% to 18% of Full Year Expectation in 1Q; 17/04/2018 – IBM Debt Totaled $46.4 Billion at End of 1Q; 30/03/2018 – IBM sees quantum computing going mainstream within five years; 29/03/2018 – IBM: National reports coming in that IBM is doing major employee cuts throughout company. Anybody know if anything is happening in #rochmn?; 18/04/2018 – The “Mad Money” host mentions quarterly reports from rail company CSX, IBM and Morgan Stanley

Southeastern Asset Management Inc decreased its stake in Mattel Inc. (MAT) by 10.07% based on its latest 2019Q1 regulatory filing with the SEC. Southeastern Asset Management Inc sold 4.01M shares as the company’s stock declined 33.51% while stock markets rallied. The hedge fund held 35.84M shares of the consumer non-durables company at the end of 2019Q1, valued at $465.86M, down from 39.85M at the end of the previous reported quarter. Southeastern Asset Management Inc who had been investing in Mattel Inc. for a number of months, seems to be less bullish one the $3.82 billion market cap company. The stock increased 1.65% or $0.18 during the last trading session, reaching $11.07. About 1.08M shares traded. Mattel, Inc. (NASDAQ:MAT) has declined 20.01% since June 28, 2018 and is downtrending. It has underperformed by 24.44% the S&P500. Some Historical MAT News: 24/04/2018 – MATTEL – IN CONNECTION WITH HER RESIGNATION, GEORGIADIS IS NOT ENTITLED TO SEPARATION PAYMENTS/BENEFITS, UNVESTED EQUITY HELD BY HER WILL BE FORFEITED; 19/04/2018 – MATTEL CEO GEORGIADIS IS SAID IN TALKS TO LEAVE: WJS; 20/04/2018 – DJ Mattel Inc, Inst Holders, 1Q 2018 (MAT); 16/04/2018 – Mattel Inc expected to post a loss of 38 cents a share – Earnings Preview; 19/04/2018 – Mattel Names New CEO as It Seeks Answer to Sales Slump — 3rd Update; 18/05/2018 – MGA Entertainment Chief Proposed Merger With Mattel; 19/04/2018 – Mattel: Georgiadis Will Serve in Advisory Role Through May 10 to Ensure a Smooth Transition; 19/04/2018 – Mattel’s CEO Margo Georgiadis to step down. Ynon Kreiz will replace her; 09/03/2018 – Toy companies like Hasbro and Mattel have already begun preparing contingency plans in the event that Toys R Us initiated a full liquidation; 24/04/2018 – MATTEL – NOMINATION OF GEORGIADIS AS A DIRECTOR AT 2018 ANNUAL MEETING IS WITHDRAWN, NO NOMINEE FOR ELECTION WILL BE NAMED IN PLACE OF GEORGIADIS

More notable recent International Business Machines Corporation (NYSE:IBM) news were published by: Finance.Yahoo.com which released: “IBM Celebrates Women Business Pioneers In Artificial Intelligence – Yahoo Finance” on June 11, 2019, also Bizjournals.com with their article: “IBM reaches $15 million settlement over false claims allegations – Triangle Business Journal” published on June 14, 2019, Seekingalpha.com published: “IBM: Big Blue Preparing For The Next Chapter In Cloud – Seeking Alpha” on June 08, 2019. More interesting news about International Business Machines Corporation (NYSE:IBM) were released by: Benzinga.com and their article: “Bouncing Back To Blockchain ETFs – Benzinga” published on June 16, 2019 as well as Investorplace.com‘s news article titled: “3 Tech Blue-Chip Stocks to Buy – Investorplace.com” with publication date: June 26, 2019.

Investors sentiment increased to 1.03 in 2019 Q1. Its up 0.44, from 0.59 in 2018Q4. It is positive, as 67 investors sold IBM shares while 524 reduced holdings. 142 funds opened positions while 468 raised stakes. 473.01 million shares or 9.66% less from 523.62 million shares in 2018Q4 were reported. Kornitzer Capital Mngmt Ks invested 0.36% in International Business Machines Corporation (NYSE:IBM). Thomas Story And Son has invested 0.16% in International Business Machines Corporation (NYSE:IBM). Optimum Inv owns 5,341 shares. State Common Retirement Fund, a New York-based fund reported 2.26M shares. 759,431 were reported by Apg Asset Mngmt Nv. Moneta Group Advsrs Limited Liability Co accumulated 724,231 shares or 0.09% of the stock. Gateway Investment Advisers Limited Liability Com owns 495,051 shares for 0.62% of their portfolio. Frontier Investment Mgmt Commerce accumulated 5,767 shares or 0.05% of the stock. Commerce Bancorp stated it has 0.16% of its portfolio in International Business Machines Corporation (NYSE:IBM). West Oak Lc holds 1% of its portfolio in International Business Machines Corporation (NYSE:IBM) for 11,293 shares. Oxbow Limited Liability Corp holds 0.05% or 2,703 shares. 144,059 were reported by Sei Invests. Berkshire Asset Mngmt Limited Liability Co Pa owns 10,023 shares. Janney Cap reported 1,940 shares. Maple Capital Mngmt invested in 0.13% or 3,990 shares.

Since February 11, 2019, it had 4 insider buys, and 1 sale for $1.64 million activity. Kreiz Ynon bought $1.00 million worth of stock. $418,800 worth of Mattel, Inc. (NASDAQ:MAT) was bought by DOLAN MICHAEL J on Friday, February 22. Shares for $107,968 were bought by Lynch Roger. On Friday, February 22 the insider EUTENEUER JOSEPH J bought $279,000.

More notable recent Mattel, Inc. (NASDAQ:MAT) news were published by: Nasdaq.com which released: “VirTra Expands Presence in Southern California – Nasdaq” on June 27, 2019, also Nasdaq.com with their article: “Mattel Launches Hot Wheels Mario Kart Cars to Drive Sales (Revised) – Nasdaq” published on June 24, 2019, Nasdaq.com published: “The Zacks Analyst Blog Highlights: Hasbro, Mattel, JAKKS and Electronic Arts – Nasdaq” on June 13, 2019. More interesting news about Mattel, Inc. (NASDAQ:MAT) were released by: Investorplace.com and their article: “10 Heavily Shorted Stocks to Sell — Because the Bears Are Right – Investorplace.com” published on May 31, 2019 as well as Nasdaq.com‘s news article titled: “Disney’s Pixar Could Become a New Growth Engine for Mattel – Nasdaq” with publication date: May 02, 2019.

Mattel, Inc. (NASDAQ:MAT) Institutional Positions Chart

Receive News & Ratings Via Email – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings with our FREE daily email newsletter.

.(tagsToTranslate)Mattel Inc.(t)Mattel Inc. – (NASDAQ:MAT)(t)NASDAQ:MAT(t)Stock News(t)13F(t)Insitutional Ownership Change(t)International Business Machines Corporation(t)International Business Machines Corporation – (NYSE:IBM)(t)NYSE:IBM(t)Stock News(t)13F(t)Insitutional Ownership Change


This is a syndicated post. Read the original post at Source link .