Mattel (MAT) Shareholder Sasco Capital Has Lifted Holding by $7.48 Million as Market Value Declined; Consolidated Comm Hldgs (CNSL) Position Maintained by York Capital Management Global Advisors Llc

April 23, 2018 - By Marie Mckinney

Mattel, Inc. (NASDAQ:MAT) Logo

James Dinan increased its stake in Consolidated Comm Hldgs Inc (CNSL) by 40.56% based on its latest 2017Q4 regulatory filing with the SEC. York Capital Management Global Advisors Llc bought 225,167 shares as the company’s stock declined 12.15% with the market. The hedge fund run by James Dinan held 780,301 shares of the public utilities company at the end of 2017Q4, valued at $9.51M, up from 555,134 at the end of the previous reported quarter. York Capital Management Global Advisors Llc who had been investing in Consolidated Comm Hldgs Inc for a number of months, seems to be bullish on the $770.06M market cap company. The stock decreased 0.82% or $0.09 during the last trading session, reaching $10.88. About 537,664 shares traded. Consolidated Communications Holdings, Inc. (NASDAQ:CNSL) has declined 52.89% since April 23, 2017 and is downtrending. It has underperformed by 64.44% the S&P500.

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 $4.71B market cap company. The stock increased 5.59% or $0.725 during the last trading session, reaching $13.685. About 11.93M shares traded or 78.95% up from the average. Mattel, Inc. (NASDAQ:MAT) has declined 47.58% since April 23, 2017 and is downtrending. It has underperformed by 59.13% the S&P500.

York Capital Management Global Advisors Llc, which manages about $4.13 billion US Long portfolio, decreased its stake in Shire Plc (NASDAQ:SHPG) by 53,487 shares to 464,709 shares, valued at $72.09 million in 2017Q4, according to the filing. It also reduced its holding in Tribune Media Co by 1.09M shares in the quarter, leaving it with 1.32M shares, and cut its stake in Dish Network Corp (NASDAQ:DISH).

Since February 14, 2018, it had 2 buys, and 0 insider sales for $35,280 activity. Udell C Robert JR had bought 1,000 shares worth $11,400 on Wednesday, February 14.

Investors sentiment decreased to 1.24 in Q4 2017. Its down 2.09, from 3.33 in 2017Q3. It dropped, as 23 investors sold CNSL shares while 44 reduced holdings. 28 funds opened positions while 55 raised stakes. 50.72 million shares or 48.76% less from 98.99 million shares in 2017Q3 were reported. Ny State Common Retirement Fund invested in 85,094 shares. Thompson Davis And Inc holds 250 shares. Alliancebernstein Lp, New York-based fund reported 100,809 shares. Northwestern Mutual Wealth Mngmt holds 2,340 shares. New York-based Commercial Bank Of New York Mellon has invested 0.01% in Consolidated Communications Holdings, Inc. (NASDAQ:CNSL). Teachers Retirement Systems Of The State Of Kentucky reported 24,100 shares. Gamco Invsts Inc Et Al stated it has 0% of its portfolio in Consolidated Communications Holdings, Inc. (NASDAQ:CNSL). Moreover, Fifth Third State Bank has 0% invested in Consolidated Communications Holdings, Inc. (NASDAQ:CNSL). Vanguard Group Inc invested in 0% or 7.86 million shares. Bnp Paribas Arbitrage Sa reported 0% of its portfolio in Consolidated Communications Holdings, Inc. (NASDAQ:CNSL). Dimensional Fund Advisors Lp has 3.03M shares. Wells Fargo & Company Mn holds 0% or 831,252 shares. Goldentree Asset Mngmt LP holds 1.25% or 946,391 shares. California Employees Retirement Sys has invested 0% in Consolidated Communications Holdings, Inc. (NASDAQ:CNSL). Tiaa Cref Inv Mgmt Lc holds 0% or 158,772 shares.

Among 8 analysts covering Consolidated Communications Holdings (NASDAQ:CNSL), 2 have Buy rating, 2 Sell and 4 Hold. Therefore 25% are positive. Consolidated Communications Holdings had 17 analyst reports since September 10, 2015 according to SRatingsIntel. On Thursday, October 20 the stock rating was downgraded by Stephens to “Underweight”. As per Monday, April 4, the company rating was downgraded by DA Davidson. Jefferies maintained it with “Hold” rating and $21 target in Thursday, September 10 report. Jefferies maintained the stock with “Hold” rating in Friday, May 13 report. On Friday, March 10 the stock rating was upgraded by Raymond James to “Outperform”. The firm earned “Underperform” rating on Friday, August 5 by Raymond James. The stock of Consolidated Communications Holdings, Inc. (NASDAQ:CNSL) earned “Neutral” rating by Citigroup on Wednesday, June 7. The rating was downgraded by Drexel Hamilton on Monday, June 27 to “Hold”. The stock of Consolidated Communications Holdings, Inc. (NASDAQ:CNSL) earned “Buy” rating by Raymond James on Friday, June 9. Jefferies maintained it with “Hold” rating and $19 target in Friday, November 3 report.

Among 18 analysts covering Mattel Inc. (NASDAQ:MAT), 7 have Buy rating, 1 Sell and 10 Hold. Therefore 39% are positive. Mattel Inc. had 72 analyst reports since July 28, 2015 according to SRatingsIntel. The firm has “Buy” rating by M Partners given on Monday, October 10. BMO Capital Markets maintained Mattel, Inc. (NASDAQ:MAT) rating on Tuesday, March 20. BMO Capital Markets has “Outperform” rating and $17 target. Stifel Nicolaus maintained it with “Hold” rating and $2000 target in Friday, July 28 report. The stock of Mattel, Inc. (NASDAQ:MAT) earned “Buy” rating by BMO Capital Markets on Thursday, July 13. The company was upgraded on Monday, January 25 by Goldman Sachs. The stock of Mattel, Inc. (NASDAQ:MAT) has “Hold” rating given on Thursday, February 22 by SunTrust. The company was maintained on Tuesday, February 20 by FBR Capital. The stock of Mattel, Inc. (NASDAQ:MAT) earned “Hold” rating by Jefferies on Friday, February 2. The rating was maintained by BMO Capital Markets on Monday, October 30 with “Outperform”. The company was maintained on Tuesday, September 5 by Jefferies.

Sasco Capital Inc, which manages about $6.25 billion and $2.73 billion US Long portfolio, decreased its stake in Target Corp (NYSE:TGT) by 77,840 shares to 1.45M shares, valued at $94.41 million in 2017Q4, according to the filing. It also reduced its holding in Republic Services Inc (NYSE:RSG) by 265,919 shares in the quarter, leaving it with 1.65 million shares, and cut its stake in Macerich Company (NYSE:MAC).

Consolidated Communications Holdings, Inc. (NASDAQ:CNSL) Institutional Positions Chart

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