As Yandex N V (YNDX) Stock Price Declined, Wexford Capital LP Decreased Holding by $4.03 Million; Mattel (MAT) Shares Declined While Southeastern Asset Management Cut Position by $13.02 Million

June 22, 2018 - By Michael Collier

Mattel, Inc. (NASDAQ:MAT) Logo

Charles Davidson decreased its stake in Yandex N V (YNDX) by 65.36% based on its latest 2018Q1 regulatory filing with the SEC. Wexford Capital Lp sold 103,271 shares as the company’s stock declined 20.74% with the market. The hedge fund run by Charles Davidson held 54,732 shares of the programming company at the end of 2018Q1, valued at $2.16 million, down from 158,003 at the end of the previous reported quarter. Wexford Capital Lp who had been investing in Yandex N V for a number of months, seems to be less bullish one the $11.61 billion market cap company. The stock decreased 2.16% or $0.78 during the last trading session, reaching $35.36. About 1.85 million shares traded. Yandex N.V. (NASDAQ:YNDX) has risen 19.66% since June 22, 2017 and is uptrending. It has outperformed by 7.09% the S&P500. Some Historical YNDX News: 25/04/2018 – Yandex 1Q Adjusted EBITDA $134.5M; 29/05/2018 – Russian search giant Yandex has launched its own home assistant smart speaker as it looks to take on the likes of the Amazon Echo and Google Home; 25/04/2018 – Yandex 1Q Net $32.3M; 27/04/2018 – SBERBANK, YANDEX HEADLINES PUBLISHED IN ERROR; 29/05/2018 – Yandex to Offer Smart Speaker to Compete With Amazon, Google; 25/04/2018 – Yandex 1Q Rev $464M; 09/03/2018 – YANDEX YNDX.O : MORGAN STANLEY RAISES TARGET PRICE TO $47 FROM $40; 24/05/2018 – PROTEK PAO PRTK.MM AND YANDEX.MARKET SIGN AGREEMENT TO DEVELOP CATEGORY HEALTH ON NEW MARKETPLACE OF SBERBANK AND YANDEX; 30/05/2018 – Boundless to Host Upcoming Roundtable Webinar on Boundless Anywhere; 25/04/2018 – YANDEX SEES EBITDA LOSS FROM TAXI FLAT Y/Y DESPITE UBER MERGER

Mason Hawkins decreased its stake in Mattel Inc. (MAT) by 2.62% based on its latest 2018Q1 regulatory filing with the SEC. Southeastern Asset Management Inc sold 1.00M shares as the company’s stock declined 5.29% with the market. The hedge fund run by Mason Hawkins held 37.27 million shares of the consumer non-durables company at the end of 2018Q1, valued at $490.06 million, down from 38.27M 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 $6.03 billion market cap company. The stock increased 0.63% or $0.11 during the last trading session, reaching $17.52. About 1.65 million shares traded. Mattel, Inc. (NASDAQ:MAT) has declined 31.33% since June 22, 2017 and is downtrending. It has underperformed by 43.90% the S&P500. Some Historical MAT News: 19/04/2018 – Mattel: Georgiadis Will Serve in Advisory Role Through May 10 to Ensure a Smooth Transition; 10/05/2018 – Moody’s: Mattel’s Credit Metrics Will Remain Weak Over the Next 12-18 Mos; 25/04/2018 – Spin Master sues Mattel for patent infringement on patents relating to award-winning Bakugan(R) toy; 06/04/2018 – MATTEL INC MAT.O : MKM PARTNERS CUTS FAIR VALUE ESTIMATES TO $15 FROM $16; 26/04/2018 – MATTEL 1Q CALL HAS ENDED; 19/04/2018 – ANCESTRY NAMES MARGO GEORGIADIS CHIEF EXECUTIVE OFFICER; 07/05/2018 – MATTEL INC – BOARD HAS APPROVED REDUCING AUTHORIZED NUMBER OF DIRECTORS FROM NINE TO SEVEN EFFECTIVE AS OF THE 2018 ANNUAL MEETING; 16/03/2018 – Moody’s Cuts Mattel CFR to Ba3 From Ba2; 16/03/2018 – S&PGR: Mattel Rtgs On Wtch Neg On Toys “R” Us Liquidation Plan; 16/03/2018 – S&PGR Will Assess Likely Impact of Toys ‘R’ Us Liquidation on Mattel Financial Position Through 2019

Analysts await Yandex N.V. (NASDAQ:YNDX) to report earnings on July, 27. They expect $0.25 earnings per share, up 25.00% or $0.05 from last year’s $0.2 per share. YNDX’s profit will be $82.07M for 35.36 P/E if the $0.25 EPS becomes a reality. After $0.21 actual earnings per share reported by Yandex N.V. for the previous quarter, Wall Street now forecasts 19.05% EPS growth.

Wexford Capital Lp, which manages about $6.34B and $1.37B US Long portfolio, upped its stake in Famous Daves Amer Inc (NASDAQ:DAVE) by 284,222 shares to 1.62 million shares, valued at $9.46M in 2018Q1, according to the filing. It also increased its holding in Wpx Energy Inc (NYSE:WPX) by 364,419 shares in the quarter, for a total of 949,877 shares, and has risen its stake in Dowdupont Inc.

More news for Yandex N.V. (NASDAQ:YNDX) were recently published by: Globenewswire.com, which released: “Yandex Announces Board Authorization of a Share Repurchase Program” on June 11, 2018. Globenewswire.com‘s article titled: “Yandex Launches Yandex.Plus Subscription Service” and published on May 29, 2018 is yet another important article.

Among 11 analysts covering Yandex N.V. (NASDAQ:YNDX), 9 have Buy rating, 0 Sell and 2 Hold. Therefore 82% are positive. Yandex N.V. had 25 analyst reports since July 31, 2015 according to SRatingsIntel. The stock has “Overweight” rating by Morgan Stanley on Tuesday, November 17. The stock of Yandex N.V. (NASDAQ:YNDX) earned “Buy” rating by Citigroup on Thursday, March 29. The stock of Yandex N.V. (NASDAQ:YNDX) earned “Buy” rating by Bank of America on Monday, June 18. The stock of Yandex N.V. (NASDAQ:YNDX) has “Buy” rating given on Monday, October 12 by Raiffeisen. HSBC initiated the shares of YNDX in report on Monday, July 18 with “Buy” rating. The firm earned “Buy” rating on Tuesday, October 6 by Deutsche Bank. The rating was maintained by Deutsche Bank on Tuesday, January 16 with “Buy”. The rating was downgraded by Standpoint Research to “Hold” on Friday, April 7. The company was downgraded on Friday, September 11 by Citigroup. On Wednesday, September 16 the stock rating was upgraded by Goldman Sachs to “Neutral”.

Analysts await Mattel, Inc. (NASDAQ:MAT) to report earnings on July, 26. They expect $-0.30 EPS, down 114.29% or $0.16 from last year’s $-0.14 per share. After $-0.60 actual EPS reported by Mattel, Inc. for the previous quarter, Wall Street now forecasts -50.00% EPS growth.

Among 18 analysts covering Mattel Inc. (NASDAQ:MAT), 6 have Buy rating, 1 Sell and 11 Hold. Therefore 33% are positive. Mattel Inc. had 75 analyst reports since July 28, 2015 according to SRatingsIntel. The firm earned “Outperform” rating on Monday, December 14 by BMO Capital Markets. On Thursday, February 22 the stock rating was maintained by SunTrust with “Hold”. The firm has “Hold” rating given on Wednesday, June 14 by Jefferies. The stock of Mattel, Inc. (NASDAQ:MAT) earned “Buy” rating by Citigroup on Monday, August 15. The stock has “Buy” rating by BMO Capital Markets on Monday, February 5. SunTrust maintained Mattel, Inc. (NASDAQ:MAT) rating on Thursday, October 26. SunTrust has “Hold” rating and $14.0 target. The stock has “Hold” rating by Jefferies on Friday, December 1. On Wednesday, April 4 the stock rating was maintained by Stifel Nicolaus with “Hold”. The firm has “Sell” rating given on Friday, March 9 by Barclays Capital. JP Morgan initiated Mattel, Inc. (NASDAQ:MAT) on Thursday, April 7 with “Overweight” rating.

Investors sentiment decreased to 0.78 in Q1 2018. Its down 0.06, from 0.84 in 2017Q4. It turned negative, as 38 investors sold MAT shares while 133 reduced holdings. 40 funds opened positions while 94 raised stakes. 401.07 million shares or 4.16% more from 385.05 million shares in 2017Q4 were reported. Sumitomo Mitsui Tru Holdings Incorporated invested 0.02% in Mattel, Inc. (NASDAQ:MAT). Hightower Limited Liability Corp invested in 23,824 shares or 0% of the stock. Manufacturers Life Insur The accumulated 368,110 shares. 38,080 are owned by Moors Cabot. Victory Cap Management reported 0% stake. Moreover, Sg Americas Securities Limited Liability Corp has 0.01% invested in Mattel, Inc. (NASDAQ:MAT). Pacifica Cap Invs Limited Liability Company has invested 0.84% in Mattel, Inc. (NASDAQ:MAT). Mackenzie Financial, Ontario – Canada-based fund reported 832,895 shares. Natixis accumulated 101,121 shares or 0.01% of the stock. Gemmer Asset Mgmt Ltd Llc holds 0% or 302 shares. Deutsche Comml Bank Ag, Germany-based fund reported 732,268 shares. Moreover, Citadel Advisors Limited Liability Company has 0% invested in Mattel, Inc. (NASDAQ:MAT). Amica Retiree has 1,426 shares for 0.02% of their portfolio. Dimensional Fund Advsrs LP reported 1.61 million shares. Freshford Capital Mgmt Ltd Com has 1.13% invested in Mattel, Inc. (NASDAQ:MAT).

More recent Mattel, Inc. (NASDAQ:MAT) news were published by: Schaeffersresearch.com which released: “Aerospace Defense Stock Triples; Senate ZTE Vote Slams ACIA” on June 19, 2018. Also Seekingalpha.com published the news titled: “Mattel Is Falling Off A Cliff In Brazil” on May 27, 2018. Nasdaq.com‘s news article titled: “Report: Developing Opportunities within Global Indemnity, Renewable Energy Group, Whiting Petroleum, Social …” with publication date: June 14, 2018 was also an interesting one.

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