JAKKS Pacific, Inc. $JAKK Position Raised by Gamco Investors INC. ET AL

Gamco Investors INC. ET AL grew its position in shares of JAKKS Pacific, Inc. (NASDAQ:JAKKFree Report) by 79.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 104,983 shares of the company’s stock after acquiring an additional 46,322 shares during the quarter. Gamco Investors INC. ET AL’s holdings in JAKKS Pacific were worth $2,091,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Hotchkis & Wiley Capital Management LLC bought a new position in JAKKS Pacific in the 3rd quarter worth about $6,812,000. Thompson Siegel & Walmsley LLC acquired a new stake in shares of JAKKS Pacific in the fourth quarter valued at approximately $5,494,000. Gate City Capital Management LLC raised its holdings in shares of JAKKS Pacific by 47.6% during the fourth quarter. Gate City Capital Management LLC now owns 782,717 shares of the company’s stock valued at $13,212,000 after buying an additional 252,337 shares during the last quarter. Gabelli Funds LLC bought a new stake in shares of JAKKS Pacific during the fourth quarter valued at approximately $2,178,000. Finally, Ameriprise Financial Inc. boosted its position in shares of JAKKS Pacific by 187.2% during the third quarter. Ameriprise Financial Inc. now owns 104,518 shares of the company’s stock worth $1,958,000 after buying an additional 68,128 shares during the period. Institutional investors own 44.38% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. Weiss Ratings raised JAKKS Pacific from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, June 15th. Wall Street Zen raised JAKKS Pacific from a “hold” rating to a “buy” rating in a research note on Saturday, June 6th. Finally, Zacks Research upgraded JAKKS Pacific from a “strong sell” rating to a “hold” rating in a research report on Monday, July 13th. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Check Out Our Latest Analysis on JAKKS Pacific

JAKKS Pacific Trading Up 5.8%

JAKKS Pacific stock opened at $25.92 on Tuesday. The stock has a market cap of $296.52 million, a price-to-earnings ratio of 18.65 and a beta of 1.44. The company’s 50-day moving average price is $22.74 and its two-hundred day moving average price is $21.16. JAKKS Pacific, Inc. has a 52 week low of $14.86 and a 52 week high of $26.32.

JAKKS Pacific (NASDAQ:JAKKGet Free Report) last released its quarterly earnings results on Thursday, April 30th. The company reported ($0.17) EPS for the quarter, topping analysts’ consensus estimates of ($0.44) by $0.27. The company had revenue of $106.68 million for the quarter, compared to the consensus estimate of $103.80 million. JAKKS Pacific had a net margin of 2.77% and a return on equity of 4.33%. Research analysts expect that JAKKS Pacific, Inc. will post 1.64 earnings per share for the current fiscal year.

JAKKS Pacific Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 28th. Investors of record on Friday, August 28th will be paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date is Friday, August 28th. JAKKS Pacific’s dividend payout ratio (DPR) is currently 71.94%.

JAKKS Pacific Profile

(Free Report)

JAKKS Pacific, Inc (NASDAQ: JAKK) is a Los Angeles–based company that designs, develops and markets a broad range of toys and consumer products. Since its founding in 1995 by industry veteran Jack Friedman, the company has built a diversified portfolio spanning three primary segments: Toys, Consumer Electronics & Seasonal, and Kids Furniture & Accessories. JAKKS Pacific specializes in both licensed and proprietary brands, collaborating with major entertainment and sports licensors to bring popular characters and franchises to market.

The company’s Toys segment includes action figures, dolls, role-play items, collectible toys and outdoor activity products.

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Institutional Ownership by Quarter for JAKKS Pacific (NASDAQ:JAKK)

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