Globeflex Capital L P trimmed its holdings in JAKKS Pacific, Inc. (NASDAQ:JAKK – Free Report) by 6.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 48,505 shares of the company’s stock after selling 3,364 shares during the quarter. Globeflex Capital L P owned about 0.44% of JAKKS Pacific worth $1,365,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Monimus Capital Management LP acquired a new position in shares of JAKKS Pacific in the 4th quarter valued at about $6,189,000. Commonwealth Equity Services LLC acquired a new position in JAKKS Pacific during the 4th quarter worth approximately $219,000. Connor Clark & Lunn Investment Management Ltd. acquired a new position in JAKKS Pacific during the 4th quarter worth approximately $447,000. Proficio Capital Partners LLC acquired a new position in JAKKS Pacific during the 4th quarter worth approximately $230,000. Finally, Charles Schwab Investment Management Inc. raised its stake in JAKKS Pacific by 5.2% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 25,449 shares of the company’s stock worth $716,000 after buying an additional 1,258 shares during the period. 44.38% of the stock is owned by institutional investors and hedge funds.
JAKKS Pacific Stock Performance
JAKK stock opened at $24.60 on Friday. The company has a market cap of $274.19 million, a P/E ratio of 8.17 and a beta of 2.15. JAKKS Pacific, Inc. has a fifty-two week low of $17.06 and a fifty-two week high of $35.79. The stock’s 50 day simple moving average is $29.08 and its 200 day simple moving average is $27.51.
JAKKS Pacific Announces Dividend
The business also recently disclosed 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 of this dividend 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.
Read More
- Five stocks we like better than JAKKS Pacific
- How to trade penny stocks: A step-by-step guide
- MarketBeat Week in Review – 03/10 – 03/14
- Ride Out The Recession With These Dividend Kings
- Rubrik Stock’s V-Bottom Reversal Signals a Major Rally Ahead
- Stock Market Sectors: What Are They and How Many Are There?
- How Super Micro Computer Stock Is Defying the Market Sell-Off
Want to see what other hedge funds are holding JAKK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JAKKS Pacific, Inc. (NASDAQ:JAKK – Free Report).
Receive News & Ratings for JAKKS Pacific Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JAKKS Pacific and related companies with MarketBeat.com's FREE daily email newsletter.