Monimus Capital Management LP Purchases Shares of 219,858 JAKKS Pacific, Inc. (NASDAQ:JAKK)

Monimus Capital Management LP purchased a new stake in shares of JAKKS Pacific, Inc. (NASDAQ:JAKK) in the 4th quarter, HoldingsChannel reports. The firm purchased 219,858 shares of the company’s stock, valued at approximately $6,189,000. JAKKS Pacific makes up 5.8% of Monimus Capital Management LP’s portfolio, making the stock its 2nd largest holding.

Other institutional investors have also added to or reduced their stakes in the company. Evernest Financial Advisors LLC purchased a new stake in JAKKS Pacific during the fourth quarter valued at about $1,437,000. Barclays PLC raised its stake in shares of 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 acquiring an additional 6,526 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of 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 acquiring an additional 12,809 shares during the last quarter. State Street Corp raised its stake in shares of JAKKS Pacific by 4.2% during the third quarter. State Street Corp now owns 148,012 shares of the company’s stock valued at $3,777,000 after acquiring an additional 5,901 shares during the last quarter. Finally, Proficio Capital Partners LLC bought a new position in shares of JAKKS Pacific during the fourth quarter valued at about $230,000. 44.38% of the stock is currently owned by hedge funds and other institutional investors.

JAKKS Pacific Trading Up 0.6 %

Shares of NASDAQ:JAKK opened at $24.60 on Friday. The company has a market cap of $274.19 million, a price-to-earnings ratio of 8.17 and a beta of 2.15. The company has a 50-day moving average price of $29.08 and a 200-day moving average price of $27.51. JAKKS Pacific, Inc. has a 12 month low of $17.06 and a 12 month high of $35.79.

JAKKS Pacific (NASDAQ:JAKK) last issued 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). The firm had revenue of $130.74 million for the quarter, compared to the consensus estimate of $131.07 million. JAKKS Pacific had a net margin of 5.10% and a return on equity of 15.87%. As a group, research analysts forecast that JAKKS Pacific, Inc. will post 3.52 EPS for the current fiscal year.

JAKKS Pacific Announces Dividend

The business also recently declared a — dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 3rd will be paid a $0.25 dividend. The ex-dividend date of this dividend is Monday, March 3rd. JAKKS Pacific’s payout ratio is currently 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.