JAKKS Pacific, Inc. (NASDAQ:JAKK) Shares Acquired by JPMorgan Chase & Co.

JPMorgan Chase & Co. increased its position in JAKKS Pacific, Inc. (NASDAQ:JAKK) by 2,093.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 76,062 shares of the company’s stock after buying an additional 72,594 shares during the quarter. JPMorgan Chase & Co. owned about 0.69% of JAKKS Pacific worth $2,141,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. State Street Corp lifted its position in shares of JAKKS Pacific by 4.2% during the third quarter. State Street Corp now owns 148,012 shares of the company’s stock worth $3,777,000 after purchasing an additional 5,901 shares in the last quarter. Barclays PLC lifted its holdings in JAKKS Pacific by 62.1% in the 3rd quarter. Barclays PLC now owns 17,037 shares of the company’s stock worth $435,000 after buying an additional 6,526 shares in the last quarter. Geode Capital Management LLC boosted its position in JAKKS Pacific by 6.9% in the 3rd quarter. Geode Capital Management LLC now owns 198,146 shares of the company’s stock valued at $5,057,000 after buying an additional 12,809 shares during the last quarter. Evernest Financial Advisors LLC acquired a new stake in shares of JAKKS Pacific during the fourth quarter valued at about $1,437,000. Finally, Heck Capital Advisors LLC acquired a new stake in shares of JAKKS Pacific during the fourth quarter valued at about $89,000. Hedge funds and other institutional investors own 44.38% of the company’s stock.

JAKKS Pacific Stock Up 2.0 %

Shares of JAKK opened at $19.08 on Thursday. JAKKS Pacific, Inc. has a 52-week low of $17.06 and a 52-week high of $35.79. The firm has a market cap of $212.67 million, a price-to-earnings ratio of 6.34 and a beta of 1.87. The business’s 50 day moving average is $24.29 and its two-hundred day moving average is $26.90.

JAKKS Pacific (NASDAQ:JAKK) last posted its quarterly earnings results on Thursday, February 20th. The company reported ($0.88) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.83). The business had revenue of $130.74 million during the quarter, compared to analyst estimates of $131.07 million. JAKKS Pacific had a net margin of 5.10% and a return on equity of 15.87%. On average, equities analysts expect that JAKKS Pacific, Inc. will post 3.52 earnings per share for the current fiscal year.

JAKKS Pacific Announces Dividend

The company also recently declared a — dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 3rd were given a dividend of $0.25 per share. The ex-dividend date was Monday, March 3rd. JAKKS Pacific’s dividend payout ratio is currently 33.22%.

Insider Buying and Selling

In other news, major shareholder Lawrence I. Rosen bought 15,165 shares of the firm’s stock in a transaction on Monday, March 24th. The stock was purchased at an average price of $25.99 per share, for a total transaction of $394,138.35. Following the transaction, the insider now owns 1,900,837 shares in the company, valued at approximately $49,402,753.63. This trade represents a 0.80 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 3.50% of the company’s stock.

JAKKS Pacific Profile

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.