Renaissance Technologies LLC Has $7.48 Million Holdings in JAKKS Pacific, Inc. (NASDAQ:JAKK)

Renaissance Technologies LLC increased its position in JAKKS Pacific, Inc. (NASDAQ:JAKK - Free Report) by 18.8% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 265,618 shares of the company's stock after purchasing an additional 42,100 shares during the period. Renaissance Technologies LLC owned about 2.42% of JAKKS Pacific worth $7,477,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Heck Capital Advisors LLC purchased a new position in shares of JAKKS Pacific during the fourth quarter valued at $89,000. Wells Fargo & Company MN raised its holdings in JAKKS Pacific by 19.0% during the fourth quarter. Wells Fargo & Company MN now owns 6,923 shares of the company's stock valued at $195,000 after buying an additional 1,105 shares in the last quarter. Lynch Asset Management Inc. acquired a new stake in JAKKS Pacific in the 4th quarter worth approximately $204,000. Metis Global Partners LLC bought a new stake in JAKKS Pacific during the fourth quarter worth approximately $208,000. Finally, Commonwealth Equity Services LLC acquired a new position in JAKKS Pacific during the 4th quarter worth $219,000. 44.38% of the stock is currently owned by hedge funds and other institutional investors.

JAKKS Pacific Stock Up 3.9 %

NASDAQ JAKK traded up $0.74 during trading on Thursday, hitting $19.82. The company's stock had a trading volume of 44,743 shares, compared to its average volume of 107,342. JAKKS Pacific, Inc. has a 52 week low of $17.06 and a 52 week high of $35.79. The firm has a market cap of $220.86 million, a P/E ratio of 6.58 and a beta of 1.87. The firm has a 50 day moving average price of $24.29 and a 200 day moving average price of $26.90.

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 analysts' consensus estimates of ($0.05) by ($0.83). JAKKS Pacific had a net margin of 5.10% and a return on equity of 15.87%. The company had revenue of $130.74 million for the quarter, compared to analyst estimates of $131.07 million. On average, equities analysts expect that JAKKS Pacific, Inc. will post 3.52 earnings per share for the current year.

JAKKS Pacific Announces Dividend

The firm also recently declared a -- dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 3rd were issued a $0.25 dividend. The ex-dividend date was Monday, March 3rd. JAKKS Pacific's dividend payout ratio (DPR) is presently 33.22%.

Insider Buying and Selling

In related news, major shareholder Lawrence I. Rosen purchased 15,165 shares of the firm's stock in a transaction that occurred on Monday, March 24th. The shares were acquired at an average price 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 in the company, valued at $49,402,753.63. This represents a 0.80 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Company insiders own 3.50% of the company's stock.

About JAKKS Pacific

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.