Quadrature Capital Ltd Purchases Shares of 38,117 JAKKS Pacific, Inc. (NASDAQ:JAKK)

Quadrature Capital Ltd purchased a new stake in JAKKS Pacific, Inc. (NASDAQ:JAKKFree Report) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 38,117 shares of the company’s stock, valued at approximately $1,355,000. Quadrature Capital Ltd owned about 0.38% of JAKKS Pacific at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. Privium Fund Management UK Ltd acquired a new stake in JAKKS Pacific in the fourth quarter valued at $313,000. Pacific Ridge Capital Partners LLC lifted its stake in JAKKS Pacific by 56.1% in the fourth quarter. Pacific Ridge Capital Partners LLC now owns 119,667 shares of the company’s stock valued at $4,254,000 after acquiring an additional 43,009 shares during the last quarter. Hillsdale Investment Management Inc. lifted its stake in JAKKS Pacific by 131.5% in the fourth quarter. Hillsdale Investment Management Inc. now owns 72,618 shares of the company’s stock valued at $2,582,000 after acquiring an additional 41,250 shares during the last quarter. Janney Montgomery Scott LLC lifted its stake in JAKKS Pacific by 17.6% in the fourth quarter. Janney Montgomery Scott LLC now owns 20,052 shares of the company’s stock valued at $713,000 after acquiring an additional 3,008 shares during the last quarter. Finally, Jump Financial LLC acquired a new stake in JAKKS Pacific in the fourth quarter valued at $885,000. Institutional investors and hedge funds own 44.38% of the company’s stock.

JAKKS Pacific Stock Performance

NASDAQ JAKK opened at $18.23 on Tuesday. JAKKS Pacific, Inc. has a 52-week low of $15.30 and a 52-week high of $36.84. The firm has a 50-day moving average of $20.10 and a 200-day moving average of $27.17. The stock has a market cap of $196.88 million, a PE ratio of 6.70 and a beta of 2.29.

JAKKS Pacific (NASDAQ:JAKKGet Free Report) last posted its quarterly earnings data on Wednesday, April 24th. The company reported ($1.34) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.43) by ($0.91). The business had revenue of $90.08 million during the quarter, compared to the consensus estimate of $104.12 million. JAKKS Pacific had a net margin of 4.29% and a return on equity of 18.86%. As a group, analysts predict that JAKKS Pacific, Inc. will post 2.65 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

JAKK has been the subject of a number of research reports. Ascendiant Capital Markets cut their target price on shares of JAKKS Pacific from $41.00 to $38.00 and set a “buy” rating for the company in a research note on Monday, April 1st. TheStreet cut shares of JAKKS Pacific from a “b” rating to a “c+” rating in a research note on Friday, March 1st. Finally, StockNews.com cut shares of JAKKS Pacific from a “buy” rating to a “hold” rating in a research note on Friday, April 26th.

Read Our Latest Stock Analysis on JAKK

JAKKS Pacific Profile

(Free Report)

JAKKS Pacific, Inc designs, produces, markets, sells, and distributes toys and related products, electronic products, and other consumer products worldwide. It operates through two segments, Toys/Consumer Products and Costumes. The company offers action figures and accessories, such as licensed characters; toy vehicles and accessories; dolls and accessories, including small, large, fashion, and baby dolls based on licenses, as well as infant and pre-school products; private label products; and foot-to-floor ride-on products.

See Also

Want to see what other hedge funds are holding JAKK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JAKKS Pacific, Inc. (NASDAQ:JAKKFree Report).

Institutional Ownership by Quarter for JAKKS Pacific (NASDAQ:JAKK)

Receive News & Ratings for JAKKS Pacific Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JAKKS Pacific and related companies with MarketBeat.com's FREE daily email newsletter.