Monimus Capital Management LP Buys Shares of 219,858 JAKKS Pacific, Inc. (NASDAQ:JAKK)

Monimus Capital Management LP bought a new position in shares of JAKKS Pacific, Inc. (NASDAQ:JAKK - Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 219,858 shares of the company's stock, valued at approximately $6,189,000. JAKKS Pacific accounts for 5.8% of Monimus Capital Management LP's investment portfolio, making the stock its 2nd largest position. Monimus Capital Management LP owned 2.00% of JAKKS Pacific as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Heck Capital Advisors LLC purchased a new position in shares of JAKKS Pacific during the fourth quarter valued at approximately $89,000. Lynch Asset Management Inc. purchased a new position in shares of JAKKS Pacific during the fourth quarter valued at approximately $204,000. Metis Global Partners LLC purchased a new position in shares of JAKKS Pacific during the fourth quarter valued at approximately $208,000. Commonwealth Equity Services LLC purchased a new position in shares of JAKKS Pacific during the fourth quarter valued at approximately $219,000. Finally, Proficio Capital Partners LLC purchased a new position in shares of JAKKS Pacific during the fourth quarter valued at approximately $230,000. 44.38% of the stock is currently owned by hedge funds and other institutional investors.

JAKKS Pacific Price Performance

NASDAQ JAKK traded up $0.23 during mid-day trading on Wednesday, reaching $25.28. The stock had a trading volume of 116,869 shares, compared to its average volume of 103,805. JAKKS Pacific, Inc. has a 1 year low of $17.06 and a 1 year high of $35.79. The stock has a market cap of $281.77 million, a PE ratio of 8.40 and a beta of 2.15. The company has a fifty day moving average price of $28.94 and a 200 day moving average price of $27.57.

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

JAKKS Pacific Announces Dividend

The company also recently disclosed a -- dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 3rd will be issued a $0.25 dividend. The ex-dividend date of this dividend is Monday, March 3rd. JAKKS Pacific's payout ratio is currently 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.