JAKKS Pacific, Inc. (NASDAQ:JAKK) Stock Holdings Lifted by Renaissance Technologies LLC

Renaissance Technologies LLC lifted its holdings in shares of JAKKS Pacific, Inc. (NASDAQ:JAKK) by 18.8% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 265,618 shares of the company’s stock after purchasing an additional 42,100 shares during the quarter. Renaissance Technologies LLC’s holdings in JAKKS Pacific were worth $7,477,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of JAKK. Invesco Ltd. bought a new position in shares of JAKKS Pacific during the fourth quarter valued at approximately $564,000. Wells Fargo & Company MN boosted its position in JAKKS Pacific by 19.0% during the 4th quarter. Wells Fargo & Company MN now owns 6,923 shares of the company’s stock valued at $195,000 after purchasing an additional 1,105 shares during the period. Trexquant Investment LP bought a new position in JAKKS Pacific during the 4th quarter worth $424,000. Geode Capital Management LLC grew its stake in JAKKS Pacific by 0.7% during the 4th quarter. Geode Capital Management LLC now owns 199,606 shares of the company’s stock worth $5,620,000 after buying an additional 1,460 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership acquired a new stake in JAKKS Pacific in the fourth quarter worth $1,300,000. Institutional investors and hedge funds own 44.38% of the company’s stock.

JAKKS Pacific Stock Performance

Shares of JAKK opened at $18.84 on Friday. The firm has a fifty day moving average of $25.19 and a 200-day moving average of $27.04. The company has a market cap of $209.99 million, a price-to-earnings ratio of 6.26 and a beta of 1.87. JAKKS Pacific, Inc. has a 1 year low of $17.06 and a 1 year high of $35.79.

JAKKS Pacific (NASDAQ:JAKK) last issued its quarterly earnings data on Thursday, February 20th. The company reported ($0.88) earnings per share 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 during the quarter, compared to the consensus estimate of $131.07 million. Analysts predict that JAKKS Pacific, Inc. will post 3.52 EPS for the current year.

JAKKS Pacific Announces Dividend

The firm also recently disclosed a — dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 3rd were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Monday, March 3rd. JAKKS Pacific’s dividend payout ratio is presently 33.22%.

Insider Activity at JAKKS Pacific

In other JAKKS Pacific news, major shareholder Lawrence I. Rosen purchased 15,165 shares of the firm’s stock in a transaction dated Monday, March 24th. The stock was bought at an average price of $25.99 per share, with a total value of $394,138.35. Following the completion of the purchase, the insider now owns 1,900,837 shares in the company, valued at $49,402,753.63. This trade represents a 0.80 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 3.50% of the stock is owned by insiders.

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.