JAKKS Pacific, Inc. (NASDAQ:JAKK) Holdings Lowered by American Century Companies Inc.

American Century Companies Inc. decreased its stake in shares of JAKKS Pacific, Inc. (NASDAQ:JAKK - Free Report) by 14.5% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 178,715 shares of the company's stock after selling 30,202 shares during the period. American Century Companies Inc. owned about 1.63% of JAKKS Pacific worth $5,031,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the company. Monimus Capital Management LP bought a new position in JAKKS Pacific during the fourth quarter worth $6,189,000. Evernest Financial Advisors LLC acquired a new stake in shares of JAKKS Pacific during the fourth quarter worth $1,437,000. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of JAKKS Pacific during the fourth quarter worth $447,000. Geode Capital Management LLC lifted its position in shares of JAKKS Pacific by 6.9% in the 3rd 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 last quarter. Finally, Hohimer Wealth Management LLC acquired a new position in shares of JAKKS Pacific in the 3rd quarter valued at about $230,000. 44.38% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other JAKKS Pacific news, major shareholder Lawrence I. Rosen purchased 15,165 shares of the business's stock in a transaction dated 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 acquisition, the insider now 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 acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 3.50% of the company's stock.

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JAKKS Pacific Trading Up 11.0 %

JAKK traded up $2.04 on Wednesday, hitting $20.55. 219,765 shares of the company's stock were exchanged, compared to its average volume of 105,401. The stock has a fifty day moving average of $27.04 and a two-hundred day moving average of $27.37. JAKKS Pacific, Inc. has a twelve month low of $17.06 and a twelve month high of $35.79. The firm has a market cap of $229.05 million, a PE ratio of 6.83 and a beta of 1.87.

JAKKS Pacific (NASDAQ:JAKK - Get Free Report) last posted its 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 company had revenue of $130.74 million for the quarter, compared to the consensus estimate of $131.07 million. JAKKS Pacific had a net margin of 5.10% and a return on equity of 15.87%. On average, analysts predict that JAKKS Pacific, Inc. will post 3.52 EPS for the current year.

JAKKS Pacific Announces Dividend

The business also recently announced a -- dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 3rd were paid a $0.25 dividend. The ex-dividend date was Monday, March 3rd. JAKKS Pacific's payout ratio is 33.22%.

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.