Trexquant Investment LP Takes Position in JAKKS Pacific, Inc. (NASDAQ:JAKK)

Trexquant Investment LP purchased a new position in JAKKS Pacific, Inc. (NASDAQ:JAKK - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 15,070 shares of the company's stock, valued at approximately $424,000. Trexquant Investment LP owned approximately 0.14% of JAKKS Pacific at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of JAKK. Bank of New York Mellon Corp lifted its stake in JAKKS Pacific by 1.5% in the 4th quarter. Bank of New York Mellon Corp now owns 57,989 shares of the company's stock worth $1,632,000 after purchasing an additional 831 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of JAKKS Pacific by 5.2% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 25,449 shares of the company's stock worth $716,000 after purchasing an additional 1,258 shares during the period. Geode Capital Management LLC raised its position in shares of JAKKS Pacific by 0.7% in the fourth quarter. Geode Capital Management LLC now owns 199,606 shares of the company's stock worth $5,620,000 after buying an additional 1,460 shares in the last quarter. Koss Olinger Consulting LLC boosted its stake in JAKKS Pacific by 13.0% during the fourth quarter. Koss Olinger Consulting LLC now owns 22,609 shares of the company's stock valued at $636,000 after buying an additional 2,605 shares during the period. Finally, Empowered Funds LLC grew its position in JAKKS Pacific by 5.0% during the fourth quarter. Empowered Funds LLC now owns 57,157 shares of the company's stock worth $1,609,000 after buying an additional 2,744 shares in the last quarter. 44.38% of the stock is currently owned by institutional investors.

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Insider Buying and Selling

In other JAKKS Pacific news, major shareholder Lawrence I. Rosen purchased 15,165 shares of the business's stock in a transaction on Monday, March 24th. The stock was acquired at an average cost of $25.99 per share, for a total transaction of $394,138.35. Following the completion of the transaction, the insider now directly owns 1,900,837 shares in the company, valued at approximately $49,402,753.63. This represents a 0.80 % increase in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 3.50% of the stock is owned by company insiders.

JAKKS Pacific Price Performance

NASDAQ JAKK traded up $0.30 during trading on Tuesday, reaching $19.11. The company's stock had a trading volume of 91,910 shares, compared to its average volume of 105,880. The stock has a market capitalization of $213.00 million, a PE ratio of 6.35 and a beta of 1.87. The firm has a fifty day moving average of $26.03 and a 200 day moving average of $27.19. JAKKS Pacific, Inc. has a one year low of $17.06 and a one year high of $35.79.

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

JAKKS Pacific Announces Dividend

The business also recently disclosed a -- dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 3rd were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Monday, March 3rd. JAKKS Pacific's dividend payout ratio is currently 33.22%.

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.