American Century Companies Inc. Sells 30,202 Shares of JAKKS Pacific, Inc. (NASDAQ:JAKK)

American Century Companies Inc. lowered its position in JAKKS Pacific, Inc. (NASDAQ:JAKK) by 14.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 178,715 shares of the company’s stock after selling 30,202 shares during the period. American Century Companies Inc.’s holdings in JAKKS Pacific were worth $5,031,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of JAKK. Koss Olinger Consulting LLC raised its position in JAKKS Pacific by 13.0% in the 4th quarter. Koss Olinger Consulting LLC now owns 22,609 shares of the company’s stock valued at $636,000 after purchasing an additional 2,605 shares during the last quarter. Monimus Capital Management LP acquired a new stake in shares of JAKKS Pacific in the fourth quarter valued at $6,189,000. Commonwealth Equity Services LLC acquired a new stake in shares of JAKKS Pacific in the fourth quarter valued at $219,000. Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of JAKKS Pacific in the fourth quarter valued at about $447,000. Finally, Proficio Capital Partners LLC acquired a new position in JAKKS Pacific during the 4th quarter worth about $230,000. 44.38% of the stock is owned by institutional investors and hedge funds.

JAKKS Pacific Trading Down 3.9 %

JAKK opened at $20.52 on Friday. JAKKS Pacific, Inc. has a 1-year low of $17.06 and a 1-year high of $35.79. The stock has a market capitalization of $228.72 million, a PE ratio of 6.82 and a beta of 2.15. The firm has a 50-day moving average price of $28.05 and a two-hundred day moving average price of $27.58.

JAKKS Pacific (NASDAQ:JAKK) last posted 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 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 the consensus estimate of $131.07 million. On average, research analysts predict that JAKKS Pacific, Inc. will post 3.52 EPS for the current year.

JAKKS Pacific Announces Dividend

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

Insider Transactions at JAKKS Pacific

In related news, major shareholder Lawrence I. Rosen purchased 15,165 shares of the business’s stock in a transaction dated Monday, March 24th. The shares were bought 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 trade represents a 0.80 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. 3.50% of the stock is owned by corporate insiders.

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.