Trexquant Investment LP Invests $424,000 in JAKKS Pacific, Inc. (NASDAQ:JAKK)

Trexquant Investment LP bought a new stake in JAKKS Pacific, Inc. (NASDAQ:JAKK - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 15,070 shares of the company's stock, valued at approximately $424,000. Trexquant Investment LP owned 0.14% of JAKKS Pacific as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also bought and sold shares of JAKK. Monimus Capital Management LP bought a new position in shares of JAKKS Pacific during the fourth quarter worth approximately $6,189,000. JPMorgan Chase & Co. increased its stake in JAKKS Pacific by 2,093.3% during the 4th quarter. JPMorgan Chase & Co. now owns 76,062 shares of the company's stock worth $2,141,000 after acquiring an additional 72,594 shares during the period. Pacific Ridge Capital Partners LLC lifted its position in shares of JAKKS Pacific by 23.8% during the 4th quarter. Pacific Ridge Capital Partners LLC now owns 285,778 shares of the company's stock valued at $8,045,000 after acquiring an additional 54,899 shares during the period. Evernest Financial Advisors LLC acquired a new stake in shares of JAKKS Pacific during the 4th quarter worth $1,437,000. Finally, Arrowstreet Capital Limited Partnership bought a new position in shares of JAKKS Pacific in the fourth quarter worth $1,300,000. 44.38% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, major shareholder Lawrence I. Rosen acquired 15,165 shares of the stock in a transaction dated Monday, March 24th. The stock was bought at an average cost of $25.99 per share, for a total transaction of $394,138.35. Following the completion of the transaction, the insider now directly owns 1,900,837 shares of the company's stock, valued at $49,402,753.63. The trade was a 0.80 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 3.50% of the stock is owned by corporate insiders.

JAKKS Pacific Price Performance

JAKK traded up $0.44 on Friday, hitting $18.84. 113,846 shares of the stock were exchanged, compared to its average volume of 106,087. The firm has a market capitalization of $209.99 million, a price-to-earnings ratio of 6.26 and a beta of 1.87. JAKKS Pacific, Inc. has a 12 month low of $17.06 and a 12 month high of $35.79. The business has a 50-day moving average of $25.46 and a two-hundred day moving average of $27.08.

JAKKS Pacific (NASDAQ:JAKK - Get Free Report) last announced 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). JAKKS Pacific had a net margin of 5.10% and a return on equity of 15.87%. The firm had revenue of $130.74 million for the quarter, compared to analyst estimates of $131.07 million. Equities research analysts expect that JAKKS Pacific, Inc. will post 3.52 earnings per share for the current fiscal year.

JAKKS Pacific Announces Dividend

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