JAKKS Pacific, Inc. (NASDAQ:JAKK) Stock Holdings Lessened by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC cut its stake in shares of JAKKS Pacific, Inc. (NASDAQ:JAKK) by 56.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,337 shares of the company’s stock after selling 10,808 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in JAKKS Pacific were worth $235,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of JAKK. Heck Capital Advisors LLC purchased a new stake in shares of JAKKS Pacific during the fourth quarter valued at $89,000. Lynch Asset Management Inc. purchased a new stake in JAKKS Pacific during the fourth quarter valued at about $204,000. Metis Global Partners LLC acquired a new position in shares of JAKKS Pacific in the fourth quarter worth about $208,000. Commonwealth Equity Services LLC purchased a new position in shares of JAKKS Pacific in the fourth quarter worth approximately $219,000. Finally, Proficio Capital Partners LLC acquired a new stake in shares of JAKKS Pacific during the fourth quarter valued at approximately $230,000. 44.38% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, major shareholder Lawrence I. Rosen bought 15,165 shares of the firm’s stock in a transaction on 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 purchase, the insider now directly owns 1,900,837 shares of the company’s stock, valued at approximately $49,402,753.63. This represents a 0.80 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 3.50% of the stock is currently owned by corporate insiders.

JAKKS Pacific Stock Performance

JAKKS Pacific stock opened at $18.53 on Monday. JAKKS Pacific, Inc. has a 52 week low of $17.06 and a 52 week high of $35.79. The firm has a market capitalization of $206.54 million, a price-to-earnings ratio of 6.16 and a beta of 1.87. The company has a 50 day moving average price of $26.58 and a 200 day moving average price of $27.29.

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

JAKKS Pacific Dividend Announcement

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

JAKKS Pacific 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.