Pacific Ridge Capital Partners LLC Boosts Position in JAKKS Pacific, Inc. (NASDAQ:JAKK)

Pacific Ridge Capital Partners LLC raised its stake in JAKKS Pacific, Inc. (NASDAQ:JAKK - Free Report) by 23.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 285,778 shares of the company's stock after buying an additional 54,899 shares during the quarter. JAKKS Pacific comprises about 1.8% of Pacific Ridge Capital Partners LLC's portfolio, making the stock its 11th biggest holding. Pacific Ridge Capital Partners LLC owned about 2.60% of JAKKS Pacific worth $8,045,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Corsair Capital Management L.P. boosted its position in shares of JAKKS Pacific by 31.2% during the 3rd quarter. Corsair Capital Management L.P. now owns 21,026 shares of the company's stock worth $537,000 after purchasing an additional 5,000 shares during the period. Portolan Capital Management LLC acquired a new stake in shares of JAKKS Pacific in the third quarter valued at $2,787,000. Philosophy Capital Management LLC purchased a new position in JAKKS Pacific in the third quarter valued at $7,105,000. State Street Corp increased its position in shares of JAKKS Pacific by 4.2% in the 3rd quarter. State Street Corp now owns 148,012 shares of the company's stock valued at $3,777,000 after purchasing an additional 5,901 shares during the last quarter. Finally, Barclays PLC grew its stake in shares of JAKKS Pacific by 62.1% during the third quarter. Barclays PLC now owns 17,037 shares of the company's stock worth $435,000 after purchasing an additional 6,526 shares in the last quarter. Hedge funds and other institutional investors own 44.38% of the company's stock.

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Insider Activity at JAKKS Pacific

In other JAKKS Pacific news, major shareholder Lawrence I. Rosen bought 15,165 shares of the business's stock in a transaction dated Monday, March 24th. The stock was 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 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 document filed with the SEC, which is accessible through the SEC website. 3.50% of the stock is owned by insiders.

JAKKS Pacific Stock Performance

Shares of NASDAQ:JAKK traded down $0.03 on Monday, hitting $24.53. 22,198 shares of the company's stock were exchanged, compared to its average volume of 141,383. The company has a market capitalization of $273.41 million, a PE ratio of 8.15 and a beta of 2.15. The firm's 50-day moving average is $28.55 and its 200 day moving average is $27.65. 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 results on Thursday, February 20th. The company reported ($0.88) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.05) by ($0.83). The company had revenue of $130.74 million for the quarter, compared to analysts' expectations of $131.07 million. JAKKS Pacific had a return on equity of 15.87% and a net margin of 5.10%. On average, analysts anticipate that JAKKS Pacific, Inc. will post 3.52 EPS for the current fiscal year.

JAKKS Pacific Announces Dividend

The company also recently announced a -- dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 3rd will be paid a $0.25 dividend. The ex-dividend date is Monday, March 3rd. JAKKS Pacific's dividend payout ratio (DPR) is presently 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.