LSV Asset Management Has $5 Million Stock Position in JAKKS Pacific, Inc. (NASDAQ:JAKK)

LSV Asset Management lessened its stake in shares of JAKKS Pacific, Inc. (NASDAQ:JAKK - Free Report) by 16.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 177,680 shares of the company's stock after selling 34,700 shares during the period. LSV Asset Management owned about 1.62% of JAKKS Pacific worth $5,002,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in JAKK. Evernest Financial Advisors LLC purchased a new stake in shares of JAKKS Pacific in the 4th quarter valued at approximately $1,437,000. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of JAKKS Pacific in the fourth quarter worth $447,000. Monimus Capital Management LP purchased a new position in shares of JAKKS Pacific during the fourth quarter valued at $6,189,000. Barclays PLC raised its position in JAKKS Pacific by 62.1% during the third quarter. Barclays PLC now owns 17,037 shares of the company's stock valued at $435,000 after buying an additional 6,526 shares during the period. Finally, Geode Capital Management LLC lifted its stake in 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 acquiring an additional 12,809 shares in the last quarter. 44.38% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at JAKKS Pacific

In other JAKKS Pacific news, major shareholder Lawrence I. Rosen acquired 15,165 shares of JAKKS Pacific stock in a transaction that occurred on Monday, March 24th. The stock was acquired at an average price of $25.99 per share, with a total value of $394,138.35. Following the purchase, 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 3.50% of the stock is currently owned by company insiders.

JAKKS Pacific Trading Up 2.4 %

NASDAQ:JAKK traded up $0.44 on Friday, hitting $18.84. 113,846 shares of the company's stock traded hands, compared to its average volume of 106,287. The firm has a 50-day moving average price of $25.19 and a 200-day moving average price of $27.04. The company has a market cap of $209.99 million, a PE ratio of 6.26 and a beta of 1.87. JAKKS Pacific, Inc. has a 1 year low of $17.06 and a 1 year high of $35.79.

JAKKS Pacific (NASDAQ:JAKK - Get Free Report) last released 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). The company 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, research analysts forecast that JAKKS Pacific, Inc. will post 3.52 EPS for the current fiscal year.

JAKKS Pacific Dividend Announcement

The company 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 33.22%.

About JAKKS Pacific

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.