20,032 Shares in JAKKS Pacific, Inc. (NASDAQ:JAKK) Bought by Invesco Ltd.

Invesco Ltd. acquired a new position in shares of JAKKS Pacific, Inc. (NASDAQ:JAKK) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 20,032 shares of the company’s stock, valued at approximately $564,000. Invesco Ltd. owned 0.18% of JAKKS Pacific as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the company. Evernest Financial Advisors LLC bought a new position in JAKKS Pacific during the 4th quarter valued at about $1,437,000. Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of JAKKS Pacific during the fourth quarter valued at approximately $447,000. Monimus Capital Management LP bought a new position in shares of JAKKS Pacific during the fourth quarter valued at approximately $6,189,000. Barclays PLC raised its holdings in shares of JAKKS Pacific by 62.1% in the third quarter. Barclays PLC now owns 17,037 shares of the company’s stock worth $435,000 after buying an additional 6,526 shares during the period. Finally, Geode Capital Management LLC raised its holdings in shares of JAKKS Pacific by 6.9% in the third quarter. Geode Capital Management LLC now owns 198,146 shares of the company’s stock worth $5,057,000 after buying an additional 12,809 shares during the period. Institutional investors own 44.38% of the company’s stock.

Insider Transactions at JAKKS Pacific

In other news, major shareholder Lawrence I. Rosen acquired 15,165 shares of the company’s stock in a transaction that occurred on Monday, March 24th. The shares were bought at an average price of $25.99 per share, with a total value of $394,138.35. Following the completion of the purchase, the insider now directly owns 1,900,837 shares in the company, valued at $49,402,753.63. This trade represents a 0.80 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 3.50% of the company’s stock.

JAKKS Pacific Stock Up 1.7 %

JAKK opened at $18.74 on Friday. The business has a fifty day moving average of $22.51 and a 200 day moving average of $26.60. The stock has a market cap of $208.88 million, a P/E ratio of 6.23 and a beta of 1.87. JAKKS Pacific, Inc. has a 52-week low of $17.06 and a 52-week high of $35.79.

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

JAKKS Pacific Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 27th. Stockholders of record on Friday, May 30th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, May 30th. This is a positive change from JAKKS Pacific’s previous quarterly dividend of $0.07. This represents a $1.00 dividend on an annualized basis and a dividend yield of 5.34%. JAKKS Pacific’s dividend payout ratio (DPR) is 24.57%.

JAKKS Pacific Company 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.