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

Monimus Capital Management LP bought a new stake in shares of JAKKS Pacific, Inc. (NASDAQ:JAKK) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 219,858 shares of the company’s stock, valued at approximately $6,189,000. JAKKS Pacific accounts for about 5.8% of Monimus Capital Management LP’s portfolio, making the stock its 2nd biggest holding. Monimus Capital Management LP owned about 2.00% of JAKKS Pacific as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Heck Capital Advisors LLC bought a new position in shares of JAKKS Pacific in the fourth quarter worth $89,000. Lynch Asset Management Inc. bought a new position in shares of JAKKS Pacific in the fourth quarter worth $204,000. Metis Global Partners LLC bought a new position in shares of JAKKS Pacific in the fourth quarter worth $208,000. Commonwealth Equity Services LLC bought a new position in shares of JAKKS Pacific in the fourth quarter worth $219,000. Finally, Proficio Capital Partners LLC bought a new position in shares of JAKKS Pacific in the fourth quarter worth $230,000. Institutional investors own 44.38% of the company’s stock.

JAKKS Pacific Stock Performance

Shares of NASDAQ:JAKK opened at $24.60 on Friday. JAKKS Pacific, Inc. has a 52-week low of $17.06 and a 52-week high of $35.79. The firm has a fifty day moving average of $29.08 and a 200 day moving average of $27.51. The firm has a market capitalization of $274.19 million, a PE ratio of 8.17 and a beta of 2.15.

JAKKS Pacific (NASDAQ:JAKK) last announced its earnings results on Thursday, February 20th. The company reported ($0.88) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.83). JAKKS Pacific had a return on equity of 15.87% and a net margin of 5.10%. The company had revenue of $130.74 million during the quarter, compared to analysts’ expectations of $131.07 million. On average, sell-side analysts forecast that JAKKS Pacific, Inc. will post 3.52 EPS for the current fiscal year.

JAKKS Pacific Announces Dividend

The business also recently announced a — dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 3rd will be given 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 Company 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.