Renaissance Technologies LLC Has $7.48 Million Position in JAKKS Pacific, Inc. (NASDAQ:JAKK)

Renaissance Technologies LLC boosted its holdings in shares of JAKKS Pacific, Inc. (NASDAQ:JAKK - Free Report) by 18.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 265,618 shares of the company's stock after acquiring an additional 42,100 shares during the quarter. Renaissance Technologies LLC owned 2.42% of JAKKS Pacific worth $7,477,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of JAKK. Invesco Ltd. acquired a new stake in shares of JAKKS Pacific during the fourth quarter worth approximately $564,000. Wells Fargo & Company MN lifted its position in JAKKS Pacific by 19.0% in the 4th quarter. Wells Fargo & Company MN now owns 6,923 shares of the company's stock worth $195,000 after buying an additional 1,105 shares in the last quarter. Trexquant Investment LP acquired a new stake in shares of JAKKS Pacific during the 4th quarter valued at $424,000. Geode Capital Management LLC grew its holdings in shares of JAKKS Pacific by 0.7% during the 4th quarter. Geode Capital Management LLC now owns 199,606 shares of the company's stock valued at $5,620,000 after acquiring an additional 1,460 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership acquired a new position in shares of JAKKS Pacific in the fourth quarter worth $1,300,000. Hedge funds and other institutional investors own 44.38% of the company's stock.

Insider Activity at JAKKS Pacific

In related news, major shareholder Lawrence I. Rosen acquired 15,165 shares of the business's stock in a transaction that occurred on Monday, March 24th. The shares were acquired at an average cost of $25.99 per share, with a total value of $394,138.35. Following the purchase, the insider now owns 1,900,837 shares of the company's stock, valued at approximately $49,402,753.63. The trade was a 0.80 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 3.50% of the stock is owned by company insiders.

JAKKS Pacific Price Performance

JAKK traded up $0.44 during trading on Wednesday, reaching $19.14. 134,937 shares of the stock traded hands, compared to its average volume of 107,430. The stock's 50-day simple moving average is $24.59 and its two-hundred day simple moving average is $26.95. JAKKS Pacific, Inc. has a fifty-two week low of $17.06 and a fifty-two week high of $35.79. The stock has a market cap of $213.28 million, a price-to-earnings ratio of 6.36 and a beta of 1.87.

JAKKS Pacific (NASDAQ:JAKK - Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The company reported ($0.88) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.83). The firm had revenue of $130.74 million for 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%. Research analysts anticipate that JAKKS Pacific, Inc. will post 3.52 earnings per share for the current fiscal year.

JAKKS Pacific Dividend Announcement

The firm also recently declared 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 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.