Sasco Capital Lifted Mattel (MAT) Holding by $7.48 Million; Pacwest Bancorp Del (PACW) Holder Gradient Investments Has Decreased Position

May 18, 2018 - By Marguerite Chambers

Mattel, Inc. (NASDAQ:MAT) Logo

Sasco Capital Inc increased its stake in Mattel Inc (MAT) by 25.53% based on its latest 2017Q4 regulatory filing with the SEC. Sasco Capital Inc bought 498,790 shares as the company’s stock declined 16.73% with the market. The institutional investor held 2.45 million shares of the consumer non-durables company at the end of 2017Q4, valued at $37.72 million, up from 1.95 million at the end of the previous reported quarter. Sasco Capital Inc who had been investing in Mattel Inc for a number of months, seems to be bullish on the $5.14B market cap company. The stock decreased 2.16% or $0.33 during the last trading session, reaching $14.95. About 1.07 million shares traded. Mattel, Inc. (NASDAQ:MAT) has declined 47.58% since May 18, 2017 and is downtrending. It has underperformed by 59.13% the S&P500.




Gradient Investments Llc decreased its stake in Pacwest Bancorp Del (PACW) by 99.72% based on its latest 2017Q4 regulatory filing with the SEC. Gradient Investments Llc sold 139,266 shares as the company’s stock declined 3.81% with the market. The institutional investor held 389 shares of the major banks company at the end of 2017Q4, valued at $20,000, down from 139,655 at the end of the previous reported quarter. Gradient Investments Llc who had been investing in Pacwest Bancorp Del for a number of months, seems to be less bullish one the $6.76B market cap company. The stock decreased 0.13% or $0.07 during the last trading session, reaching $54.04. About 293,634 shares traded. PacWest Bancorp (NASDAQ:PACW) has declined 4.60% since May 18, 2017 and is downtrending. It has underperformed by 16.15% the S&P500.

Among 14 analysts covering Pacwest Bancorp (NASDAQ:PACW), 8 have Buy rating, 0 Sell and 6 Hold. Therefore 57% are positive. Pacwest Bancorp had 48 analyst reports since October 13, 2015 according to SRatingsIntel. The rating was upgraded by DA Davidson to “Buy” on Thursday, September 7. Stephens maintained PacWest Bancorp (NASDAQ:PACW) on Friday, January 19 with “Buy” rating. BMO Capital Markets maintained the stock with “Hold” rating in Tuesday, October 3 report. The stock has “Buy” rating by Keefe Bruyette & Woods on Thursday, January 18. On Wednesday, July 19 the stock rating was maintained by FBR Capital with “Buy”. RBC Capital Markets maintained the shares of PACW in report on Monday, October 19 with “Sector Perform” rating. The firm has “Buy” rating by Keefe Bruyette & Woods given on Tuesday, October 3. The rating was maintained by BMO Capital Markets on Monday, December 18 with “Hold”. The stock has “Market Perform” rating by Raymond James on Wednesday, November 1. Piper Jaffray maintained the stock with “Buy” rating in Wednesday, April 18 report.

Investors sentiment increased to 1.44 in 2017 Q4. Its up 0.13, from 1.31 in 2017Q3. It is positive, as 35 investors sold PACW shares while 84 reduced holdings. 45 funds opened positions while 126 raised stakes. 107.44 million shares or 2.56% more from 104.75 million shares in 2017Q3 were reported. Ledyard Bank owns 199,918 shares. Blair William And Co Il has invested 0% in PacWest Bancorp (NASDAQ:PACW). Capital Research Invsts owns 261,342 shares or 0% of their US portfolio. 56,437 are owned by Comerica Securities Inc. Shelton Mgmt invested 0.03% of its portfolio in PacWest Bancorp (NASDAQ:PACW). State Street holds 0.03% or 6.47 million shares in its portfolio. Alps Advsrs owns 16,582 shares or 0.01% of their US portfolio. Private Asset Mgmt has invested 1.14% in PacWest Bancorp (NASDAQ:PACW). Frontier Cap Mngmt Limited Com holds 0.06% or 165,453 shares. Great West Life Assurance Can owns 76,980 shares or 0.01% of their US portfolio. Endeavour Capital Advisors invested 0.77% of its portfolio in PacWest Bancorp (NASDAQ:PACW). Vident Advisory Limited Liability Company invested 0.01% in PacWest Bancorp (NASDAQ:PACW). Comerica Bank & Trust holds 0.15% in PacWest Bancorp (NASDAQ:PACW) or 434,145 shares. Oppenheimer Asset Mgmt holds 0.01% of its portfolio in PacWest Bancorp (NASDAQ:PACW) for 7,509 shares. Ubs Asset Management Americas has invested 0% in PacWest Bancorp (NASDAQ:PACW).

More news for PacWest Bancorp (NASDAQ:PACW) were recently published by: Globenewswire.com, which released: “PacWest Bancorp Announces Increased Quarterly Dividend” on April 24, 2018. Nasdaq.com‘s article titled: “Square 1 Bank Announces Credit Facility to Global Cooling, Inc.” and published on May 16, 2018 is yet another important article.

Gradient Investments Llc, which manages about $696.72 million and $1.73 billion US Long portfolio, upped its stake in Intl Paper Co (NYSE:IP) by 7,748 shares to 142,084 shares, valued at $8.23 million in 2017Q4, according to the filing. It also increased its holding in Altria Group Inc (NYSE:MO) by 8,747 shares in the quarter, for a total of 115,546 shares, and has risen its stake in America Movil Sab De Cv (NYSE:AMX).

Analysts await PacWest Bancorp (NASDAQ:PACW) to report earnings on July, 17. They expect $0.88 earnings per share, up 14.29% or $0.11 from last year’s $0.77 per share. PACW’s profit will be $110.13M for 15.35 P/E if the $0.88 EPS becomes a reality. After $0.93 actual earnings per share reported by PacWest Bancorp for the previous quarter, Wall Street now forecasts -5.38% negative EPS growth.

Investors sentiment increased to 0.84 in 2017 Q4. Its up 0.05, from 0.79 in 2017Q3. It improved, as 74 investors sold MAT shares while 118 reduced holdings. 63 funds opened positions while 98 raised stakes. 385.05 million shares or 7.21% more from 359.18 million shares in 2017Q3 were reported. Legal And General Grp Inc Plc has invested 0.02% in Mattel, Inc. (NASDAQ:MAT). Amp Investors has invested 0.01% in Mattel, Inc. (NASDAQ:MAT). Mitsubishi Ufj Secs Holdg has invested 0.01% in Mattel, Inc. (NASDAQ:MAT). Ngam LP reported 82,822 shares stake. Creative Planning reported 0% stake. Meag Munich Ergo Kapitalanlagegesellschaft Mbh accumulated 16,414 shares. Mason Street Advsr Ltd Liability Corp reported 0.02% in Mattel, Inc. (NASDAQ:MAT). Riverhead Cap Mgmt has 0.02% invested in Mattel, Inc. (NASDAQ:MAT) for 28,280 shares. Barclays Public Ltd Com owns 839,558 shares for 0.01% of their portfolio. Comerica Financial Bank invested 0.01% of its portfolio in Mattel, Inc. (NASDAQ:MAT). Nomura Asset Management Limited holds 0.01% in Mattel, Inc. (NASDAQ:MAT) or 55,671 shares. Virtus Invest Advisers Incorporated invested in 18,043 shares. Shell Asset has invested 0.15% of its portfolio in Mattel, Inc. (NASDAQ:MAT). Massmutual Tru Fsb Adv has invested 0% of its portfolio in Mattel, Inc. (NASDAQ:MAT). New Mexico Educational Retirement Board invested in 0.02% or 32,948 shares.

Among 18 analysts covering Mattel Inc. (NASDAQ:MAT), 7 have Buy rating, 1 Sell and 10 Hold. Therefore 39% are positive. Mattel Inc. had 73 analyst reports since July 28, 2015 according to SRatingsIntel. The company was maintained on Thursday, September 21 by Jefferies. The stock of Mattel, Inc. (NASDAQ:MAT) earned “Hold” rating by Stifel Nicolaus on Wednesday, April 4. SunTrust maintained it with “Hold” rating and $15.0 target in Thursday, February 22 report. The firm earned “Outperform” rating on Monday, July 31 by BMO Capital Markets. The firm earned “Outperform” rating on Tuesday, March 20 by BMO Capital Markets. DA Davidson downgraded the shares of MAT in report on Thursday, June 15 to “Neutral” rating. As per Friday, December 1, the company rating was maintained by Jefferies. Jefferies maintained the shares of MAT in report on Wednesday, June 14 with “Hold” rating. The firm has “Buy” rating by M Partners given on Monday, July 3. BMO Capital Markets upgraded it to “Outperform” rating and $33 target in Monday, December 14 report.

Sasco Capital Inc, which manages about $6.25 billion and $2.73B US Long portfolio, decreased its stake in Usg Corp (NYSE:USG) by 496,985 shares to 1.87 million shares, valued at $72.16M in 2017Q4, according to the filing. It also reduced its holding in Fmc Corp (NYSE:FMC) by 213,750 shares in the quarter, leaving it with 780,973 shares, and cut its stake in Devon Energy (NYSE:DVN).

PacWest Bancorp (NASDAQ:PACW) Institutional Positions Chart

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