Globeflex Capital L P Has $1.37 Million Stock Holdings in JAKKS Pacific, Inc. (NASDAQ:JAKK)

Globeflex Capital L P trimmed its holdings in JAKKS Pacific, Inc. (NASDAQ:JAKK) 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 (NASDAQ:JAKK) last issued its quarterly earnings data on Thursday, February 20th. The company reported ($0.88) EPS 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 analysts’ expectations of $131.07 million. JAKKS Pacific had a return on equity of 15.87% and a net margin of 5.10%. Equities analysts predict that JAKKS Pacific, Inc. will post 3.52 earnings per share for the current year.

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.