Globeflex Capital L P Sells 3,364 Shares of JAKKS Pacific, Inc. (NASDAQ:JAKK)

Globeflex Capital L P cut its holdings in JAKKS Pacific, Inc. (NASDAQ:JAKK) by 6.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 48,505 shares of the company’s stock after selling 3,364 shares during the period. Globeflex Capital L P’s holdings in JAKKS Pacific were worth $1,365,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Evernest Financial Advisors LLC bought a new position in JAKKS Pacific during the fourth quarter valued at $1,437,000. Barclays PLC grew its holdings in JAKKS Pacific by 62.1% during the third quarter. Barclays PLC now owns 17,037 shares of the company’s stock valued at $435,000 after purchasing an additional 6,526 shares during the period. Geode Capital Management LLC grew its holdings in JAKKS Pacific by 6.9% during the third quarter. Geode Capital Management LLC now owns 198,146 shares of the company’s stock valued at $5,057,000 after purchasing an additional 12,809 shares during the period. State Street Corp boosted its holdings in shares of JAKKS Pacific by 4.2% in the third quarter. State Street Corp now owns 148,012 shares of the company’s stock worth $3,777,000 after acquiring an additional 5,901 shares during the period. Finally, Proficio Capital Partners LLC bought a new position in shares of JAKKS Pacific in the fourth quarter worth $230,000. 44.38% of the stock is owned by institutional investors.

JAKKS Pacific Price Performance

JAKKS Pacific stock opened at $24.60 on Friday. JAKKS Pacific, Inc. has a one year low of $17.06 and a one year high of $35.79. The business has a fifty day moving average price of $29.08 and a 200-day moving average price of $27.51. The firm has a market capitalization of $274.19 million, a P/E ratio of 8.17 and a beta of 2.15.

JAKKS Pacific (NASDAQ:JAKK) last issued its quarterly earnings data on Thursday, February 20th. The company reported ($0.88) earnings per share (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 business had revenue of $130.74 million during the quarter, compared to analysts’ expectations of $131.07 million. Sell-side analysts expect that JAKKS Pacific, Inc. will post 3.52 earnings per share for the current fiscal year.

JAKKS Pacific Dividend Announcement

The firm also recently disclosed 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 is Monday, March 3rd. JAKKS Pacific’s dividend payout ratio (DPR) is presently 33.22%.

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.