Arrowstreet Capital Limited Partnership Buys New Shares in JAKKS Pacific, Inc. (NASDAQ:JAKK)

Arrowstreet Capital Limited Partnership bought a new position in JAKKS Pacific, Inc. (NASDAQ:JAKK - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 46,176 shares of the company's stock, valued at approximately $1,300,000. Arrowstreet Capital Limited Partnership owned approximately 0.42% of JAKKS Pacific as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Monimus Capital Management LP acquired a new position in shares of JAKKS Pacific in the fourth quarter valued at approximately $6,189,000. JPMorgan Chase & Co. increased its position in JAKKS Pacific by 2,093.3% in the 4th quarter. JPMorgan Chase & Co. now owns 76,062 shares of the company's stock valued at $2,141,000 after acquiring an additional 72,594 shares during the period. Pacific Ridge Capital Partners LLC raised its stake in shares of JAKKS Pacific by 23.8% during the fourth 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 last quarter. Evernest Financial Advisors LLC acquired a new position in shares of JAKKS Pacific during the fourth quarter worth $1,437,000. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of JAKKS Pacific in the fourth quarter worth $447,000. 44.38% of the stock is currently owned by institutional investors.

JAKKS Pacific Trading Up 1.5 %

NASDAQ:JAKK traded up $0.28 during trading hours on Thursday, hitting $18.68. 26,167 shares of the company were exchanged, compared to its average volume of 105,660. The company has a fifty day simple moving average of $25.74 and a 200 day simple moving average of $27.13. JAKKS Pacific, Inc. has a one year low of $17.06 and a one year high of $35.79. The stock has a market capitalization of $208.15 million, a price-to-earnings ratio of 6.20 and a beta of 1.87.

JAKKS Pacific (NASDAQ:JAKK - Get Free Report) last posted its quarterly earnings data on Thursday, February 20th. The company reported ($0.88) EPS for the quarter, missing analysts' consensus estimates 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 analyst estimates of $131.07 million. Equities research analysts predict that JAKKS Pacific, Inc. will post 3.52 earnings per share for the current fiscal year.

JAKKS Pacific Dividend Announcement

The company also recently announced a -- dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 3rd were issued a $0.25 dividend. The ex-dividend date of this dividend was Monday, March 3rd. JAKKS Pacific's payout ratio is 33.22%.

Insider Buying and Selling at JAKKS Pacific

In other JAKKS Pacific news, major shareholder Lawrence I. Rosen acquired 15,165 shares of the company's stock in a transaction dated Monday, March 24th. The shares were bought at an average cost of $25.99 per share, with a total value of $394,138.35. Following the purchase, the insider now directly owns 1,900,837 shares of the company's stock, valued at $49,402,753.63. This trade represents a 0.80 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 3.50% of the company's stock.

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.